Reverse GRID Bot — Strategy for Bear Market
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The Reversed Grid Bot is designed to profit from falling market. It can be understood as “Sell first, Buy later”.
Who needs Reverse Grid Bot on Pionex?
Reverse GRID Bot helps you to accumulate more coins while the price keep dropping.
How to use Reverse Grid Bot on Pionex?
As the picture shows, there are some parameters to set.
- Select trading pair and tap Reverse Grid.
- Set the lower limit and upper limit for price range, how many grids(2–99), and choose Arithmetic/Geometric grid spacing type.
Choose the amount of your investment to create the bot.
After setting all the parameters, you can tap the“CREATE” button, so the bot will start!
Example with BTC/USDT Reverse Grid:
Set the upper price as 8000 USDT, the lowest price as 5000 USDT, 10 grids, 1 BTC as investment. Then, the bot will divide the price range into 10 equal parts within the price range of 5000~8000, and 0.1btc per grid, and continuously arbitrage between the price range to earn BTC.
You can join our telegram group to get the further assistance.
👉 Join Pionex: https://www.pionex.com/en-US/sign👉 Pionex Official Telegram Group: https://t.me/pionexen
