Spot Grid Guide: The Ultimate Weapon to Profit from Volatility. Available for Copy Trading Too.

1. What Is Spot Grid?

Spot Grid is a trading strategy suitable for volatile markets involving selling high and buying low.

By setting a price range, the bot will divide the fund into many shares according to the preset grid numbers. When the price of the currency drops, it will buy one share, and then place an order slightly (a grid) higher than the purchase price. When the price of the currency rises to the level, it will sell the share. Each time the selling price will be slightly higher than the buying price. If the price keeps falling, the bot will keep buying until it hits the lower limit of the range set by the user. Vice-versa, if the price keeps rising, the bot will continue to sell until it hits the upper limit set by the user. If the price keeps fluctuating, it will continue to buy low and sell high.

2. How to Create a Spot Grid Strategy?

 

 

2. Create a Spot Grid strategy in 3 steps:

Step 1: Select a desired trading pair

Step 2: Set up grid parameters: lower price limit (Price L), upper price limit (Price H), and the grid number.

Choose "Auto" to use the recommended parameters or "Manual" to customize your settings.

Step 3: Confirm your investment amount and start your strategy

 

3. Spot Grid FAQs

1. What is Spot Grid? What trading pairs does it support?

Spot Grid is a trading strategy suitable for volatile markets involving selling high and buying low. Currently, the majority of BingX Spot trading pairs are supported in Spot Grid.

 

2. What are the trading fees for Spot Grid?

There are currently no fees for Spot Grid trading. For more information, please check this announcement: Enjoy "0 fees" on BingX Spot Trading

 

3. Does it support Copy Trading?

Spot Grid supports Copy Trading.

 

4. Where do the recommended parameters for the Spot Grid come from?

The recommended parameters are back-tested based on historical data and are for reference use only.

 

5. What is Price H and Price L?

If the market price of a currency reaches this price due to fluctuation, the system will no longer execute any buy or sell orders.

 

6. What is the profit per grid? How does it relate to the grid numbers?

It's an estimated profit for each grid when one selling and buying is completed, minus fees. When grid intervals are equal, the more the grid number, the less the profit for each grid, yet the more sensitive the strategy is to fluctuations.

 

7. Is the Spot Grid an arithmetic grid or a geometric grid?

Geometric grid.

 

8. What is the total profit?

Total profit = Cumulative Arbitrage profit + Unrealized P&L

 

9. What is arbitrage profit? What is unrealized P&L?

Arbitrage Profit: The difference between one sell order and one buy order.

Unrealized P&L: The profit or loss generated in pending orders and open positions. The formula is calculated by: (last price - filled price) * quantity held

 

10. What happens when a position is still held when closing the grid?

Users can choose to either let the system close the position or close it themselves.