Introduction to Spot Grid Trading

BYDFi's spot grid trading utilizes robots to set up automatic buying and selling within a range. Users do not need to monitor the market in real-time. Taking advantage of the fluctuation of cryptocurrency market prices, the robot achieves maximum profits for you.

Setup Instructions

On the top right of the homepage in the app, you can find "Trading Bots." Clicking on it will take you to the page where you can create "Spot Grid"

You can choose the AI Strategy recommended by the system or switch to manual settings at the top.

If you choose manual settings, you need to fill in details such as the trading pair, upper and lower price limits, grid quantity, and more.

Users can choose whether to set trigger prices and TP/SL.

Please note: Both AI Strategy and manual settings have minimum requirements.

Example:

Assuming the trading pair is BTC/USDT:

Market Price: 25,000 USDT

Upper Limit: 35,000 USDT

Lower Limit: 18,000 USDT

Grid Quantity: 5

Investment Amount: 10,000 USDT

Price	Order
35,000	Sell
31,600	Sell
28,200	N/A
Current Price:25,000
24,800	Buy
21,400	Buy
18,000	Buy

Using the above settings to illustrate profit:

If the market fluctuates and the BTC price reaches 24,800, the robot executes a buy order and places a sell order at 28,200. When the market rises to 28,200, the sell order is executed and a buy order at 24,800 is placed simultaneously.

In a one-sided market scenario, if the BTC price rises to 28,200 it will not trigger any orders. However, if the market continues to rise to 31,600, a buy order will be triggered, and the robot places a buy order at 28,200.

Note: Entry orders will be executed at market prices to ensure successful implementation of the grid strategy.

If the market moves beyond the range you set, the robot will pause orders. You can choose to close the robot and take profits or wait for the price to return to the range you set.

IOS :https://apps.apple.com/us/app/id6444251506

Android: https://play.google.com/store/apps/details?id=com.bydfi.app