Country for PR: China
Contributor: PR Newswire Asia (China)
Wednesday, March 30 2022 - 02:51
AsiaNet
BingX Introduces Innovative Spot Grid Copy Trading to Let Anyone Execute Consistent Trading Strategies
SINGAPORE, March 29, 2022 /PRNewswire-AsiaNet/ --

BingX, the leading crypto social trading platform, has introduced a new Spot 
Grid Copy Trading feature, offering unprecedented flexibility to users.

As the name suggests, the system combines the benefits of Grid trading with 
that of Copy trading, using strategies from professional traders to earn money 
from crypto asset volatility. Grid trading is similar to providing liquidity on 
AMM DEXs, as it sets up gradual buy and sell orders in a defined range of 
prices. As long as the price oscillates within the band, users can make 
reliable profit from these fluctuations.

The strategies are created by professional traders going through strict 
screening by BingX. Up to 8% of the followers' profits will be given to the 
creator of the strategy, incentivizing them to be as efficient and effective as 
possible. Users are presented with a choice of multiple strategies, which can 
be evaluated by investment amounts, past returns, projected annualized returns 
and many more.

For new crypto users, the Spot Grid Copy Trading is particularly valuable as 
it's fire and forget and easy to set up. The consistent income can be 
incredibly valuable, especially in a flat ranging market like that of early 
2022.

"We are very excited to launch our Spot Grid Copy Trading Feature. We've 
promised to give our users new cutting-edge features throughout 2022 and we are 
doing just that. In an industry where innovation is at its peak, it is crucial 
for BingX to remain competitive by way of innovation. Both our product and 
marketing teams have been working tirelessly behind this scene to add more 
value for traders with the spot trading arena being the epicenter. We also 
understand that being a first mover in the industry comes with several 
advantages which we hope to capitalize on. Users can look out for more spot 
trading pairs being listed as well as other new innovative tools from BingX." - 
Public Relations & Communications Director at BingX, Elvisco Carrington

Over 300 spot cryptocurrencies such as Ape Coin 
(https://bingx.com/zh-hk/prices/apecoin-ape/),Chainlink 
(https://bingx.com/en-us/prices/chainlink/),Shakita 
(https://bingx.com/en-us/prices/shakita-inu/),STAKE 
(https://bingx.com/en-us/prices/stakenet/), CVX 
(https://bingx.com/en-us/prices/stakenet/) and IDEX 
(https://bingx.com/en-us/prices/idex/) have already been listed on BingX with 
plans in motion to further optimize the spot investment experience for users.

About BingX

Founded in 2018, BingX (https://bingx.com/en-us/) is a global digital asset, 
spot, and derivatives trading platform that provides a user-centric and open 
ecosystem with intuitive social trading features. Created to enrich the entire 
cryptocurrency industry, BingX is a safe, reliable, and user-friendly venue for 
users to trade their favorite assets.

Source: BingX

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   Caption: BingX Introduces Innovative Spot Grid Copy Trading to Let Anyone 
Execute Consistent Trading Strategies.

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