SINGAPORE, Oct. 11, 2022 /PRNewswire/ — BingX, the world’s leading social trading crypto exchange, introduced Infinity Grid for Cryptocurrency Spot Trading, aiming to help more users benefit in volatile markets through technology innovation.
While spot grid places orders at fixed price intervals, the spot infinity grid does so at a preset percentage interval without the upper price bound (hence the name). As a premium strategy derived from spot grid, infinity grid is designed to avoid “missing out” on the trending market when crypto prices run high. With infinity grid, traders do not have to worry about the price would breach the upper price bound as the markets go bullish. Whenever the infinity grid sells high, the appreciated amount exceeding initial value of the coin will be sold out. The total amount of assets maintains its equivalent initial value as the infinity grid “Buy Low and Sell High” 7*24.
BingX grid trading provides two methods: “Auto” or “Manual”. Users could let the infinity grid automatically trade with recommended parameters based on historical data analysis, or with their preset parameters. The investment amount could be as low as 1% of the coin’s current market price, which enables more traders to participate in the strategy trading.
Infinity grid could result in high-frequency trading in turbulent market conditions. Combined with BingX’s recent ZERO-FEE POLICY, traders could maximize their gains with appropriate trading strategies.
“Traders might miss out when prices go up and down, while infinity grid will fill in the gap and help them take advantage of such opportunities,” said Elvisco Carrington, PR and Communications Director at BingX. “It keeps investment constant, allowing our users to make profits in a sustainable way. We hope this will bring more choices to our users. Copy trading service for infinity grid will be provided soon in the following updates. And BingX continues to explore novel solutions to create a better user experience.”
About BingX
Founded in 2018, BingX is a crypto social trading exchange that offers woo usdt, unfi usdt, tvk usdt, and trb usdt spot and derivatives trading services to more than 100 countries worldwide with over 5 million users. BingX connects users with expert traders and the platform in a safe, simple, and transparent way.
Support Independent Community Journalism
Dear Reader,The Indian Sun exists for one reason: to tell stories that might otherwise go unheard.
We report on local councils, state politics, small businesses and cultural festivals. We focus on the Indian diaspora and the wider multicultural community with care, balance and accountability. We publish in print and online, send regular newsletters and produce video content. We also run media training programs to help community organisations share their own stories.
We operate independently.
Community journalism does not have the backing of large media corporations. Advertising revenue fluctuates. Platform algorithms change. Costs continue to rise. Yet the need for credible, grounded reporting in a multicultural Australia has never been greater.
When you support The Indian Sun, you support:
• Independent reporting on issues affecting migrant communities
• Coverage of local and state decisions that shape daily life
• A platform for small businesses and community groups
• Media training that builds skills within the community
• Journalism accountable to readers
We cannot cover everything, but we work to cover what matters.
If you value thoughtful reporting that reflects Australia’s diversity, we invite you to contribute. Every donation helps us maintain the quality and consistency of our work.
Please consider making a contribution today.
Thank you for your support.
The Indian Sun Team
