BingX Touts Grid Trading as a Profitable Automated Crypto Strategy
There’s a lot of ways to make – and lose – money during a bear market. While the crypto market has rallied strongly this month, it’s too early to venture that the era of “up only” has returned. For traders trying to preserve their precious capital during an extended market downturn, there are numerous money-making […]
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BingX, the most popular social cryptocurrency exchange, has set a record by becoming the first cryptocurrency exchange to integrate copy trade subsidy vouchers. These are intended to reimburse consumers for any losses they may sustain. Less competent traders can use copy trading to automatically replicate positions created and maintained by more active investors. According to their report, BingX will cover any losses in the copy transaction as long as the user enables the copy trading subsidy vouchers (within the denomination of the card and coupon). This voucher acts as a safety net,....
What do market corrections mean for crypto traders? And how can trading bots be used to an investor’s advantage? How to apply automated trading in times of correction?Investors looking to leverage automated trading must first select a platform, determine their strategy and begin implementation.With the rising of automated trading platforms, users now have a greater selection than ever before, each of which is designed to simplify the process for new and experienced investors alike.TradeSanta is a cryptocurrency trading bot used across the cryptocurrency industry, allowing users to take....
"Derivatives provide opportunities to protect their portfolios during times of heightened market volatility," says Emerson Li, brand lead at BingX. The 2022 cryptocurrency bear market has been the worst on record as most Bitcoin traders are underwater and continue to sell at a loss. In response to the rapid decline of token prices, some investors have fled to safe-haven assets; some have exited the market completely and others have perplexingly turned to the enigmatic market of crypto derivatives. With regards to this, Cointelegraph spoke to BingX's brand lead Emerson Li. BingX is a....
PRESS RELEASE. Hong Kong, 9th Nov 2022 – Bitget, the leading global crypto exchange with a core focus on social trading, launches another innovative social trading feature, Strategy Plaza. The new feature provides users with the option to follow a series of automated trading strategies and allows the system to automatically execute the strategies after subscription, facilitating trades with convenience and flexibility. Strategists could create their unique automated trading strategies and share them on Strategy Plaza. At the same time, regular users could review each strategist’s....
There are a lot of misconceptions about automated crypto trading. Some people think it’s some kind of magic, while others believe it’s a scam. Time waits for no one and financial markets are no exception. Especially in the uncharted territory of cryptocurrency trading, keeping up with the fast-paced changes in prices is key to success. A plethora of cryptocurrencies, a few viable trading strategies and numerous tools accessible to new traders may all cause confusion. Fortunately, technology has made it possible to automate several trading processes, including market analysis, predicting....