Dear CoinEx Users,
To meet growing trading demands, CoinEx will expand its Spot Grid Trading offering with 35 new markets. Here’s everything you need to know:
1. Launch Timeline
March 19, 2024, at 15:00 (UTC+8).
2. New Markets
The following 35 trading pairs will be added:
- BNB/USDT, AVAX/USDT, TON/USDT, LINK/USDT, DOT/USDT
- BCH/USDT, UNI/USDT, NEAR/USDT, ICP/USDT, APT/USDT
- ETC/USDT, IMX/USDT, INJ/USDT, HBAR/USDT, PEPE/USDT
- OP/USDT, STX/USDT, XLM/USDT, RNDR/USDT, CRO/USDT
- OKB/USDT, TAO/USDT, GRT/USDT, RUNE/USDT, VET/USDT
- MNT/USDT, THETA/USDT, KAS/USDT, WIF/USDT, LDO/USDT
- TIA/USDT, FLOKI/USDT, XMR/USDT, ARB/USDT, MKR/USDT
3. Key Features of Spot Grid Trading
Automated Order Execution
- Eliminates manual monitoring; trades execute based on predefined parameters.
Emotion-Free Investing
- Reduces impulsive decisions during market volatility by adhering to algorithmic strategies.
Profit from Volatility
- Buys low and sells high repeatedly in sideways markets to accumulate incremental gains.
4. Risk Disclaimer
- Spot Grid Trading is a tool, not financial advice. Adjust strategies based on market conditions.
- Users bear full responsibility for strategy parameters and potential losses. CoinEx is not liable for trading outcomes.
CoinEx reserves the right to final interpretations of this announcement.
FAQ Section
1. What is Spot Grid Trading?
A bot-driven strategy that automates buying low and selling high within a defined price range.
2. How do I set up a Spot Grid?
Navigate to the "Strategy" tab, select "Spot Grid," and configure your price range/order count.
3. Can I adjust my Grid after launch?
Yes—modify parameters or stop the strategy anytime via your dashboard.
4. Is Spot Grid suitable for trending markets?
No. It performs best in sideways (range-bound) markets.
5. What fees apply?
Standard trading fees (0.2% for takers) per executed order.
Keywords: Spot Grid Trading, CoinEx, AVAX/USDT, TON/USDT, Automated Trading, Cryptocurrency Strategies
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