Simply set your preferred parameters and let the intelligent Grid bot automatically trade for you 24x7x365. This means that you can relax and focus on other things and avoid the stress of constantly monitoring market fluctuations while letting the Grid bot take care of your trading strategy within a certain price range. Learn more about the grid trading strategy, advantages, fees, and frequently asked questions.
Considerations before you get started:
Grid bot trading carries risk. As always, manage your risk while trading.
Turn on your notification for the XREX app, it is important to receive timely notifications.
You will need to execute at least 3 spot trades or conversions and complete a self-assessment in order to be eligible to open a grid bot position with margin.
Should you be interested in amplifying your grid position with a margin, read through the risks and rewards of margin grid before you get started.
When opening a grid position, you can choose to create a Grid bot manually or use Smart bot to get started: The Smart bot recommends parameters based on 21 days of backtesting, while manual allows for a more customized approach to trading, with a range of options available to define your own unique trading strategies, including grid modes, start/close triggers, grid sizes, and more.
Step-by-step instructions
Follow the steps below to create your own Grid bot:
Tap on Trade.
Tap on Grid Bot.
Tap + Create bot.
Fill in the parameters manually or click on Smart bot to paste the recommended parameters.
Fill in the amount for this order and click Create.
Select Confirm.
Your Grid bot has been successfully created.
How can I open a margin grid bot?
XREX has recently launched the margin grid bot feature. If you meet the criteria for opening a margin position, you can enable it by selecting the following settings when creating a grid bot:
Tap Long and adjust the leverage to more than 1x to increase the investment amount.
Tap Neutral.
Tap Short.
To adjust leverage, click the multiplier option button next to Investment after entering the grid bot page, and modify the leverage number as needed, as shown in the screenshots below.
For more information about margin trading, please refer to this article.
** Please note that the images and videos displayed here may not always reflect the most current version of the XREX App. For the latest updates, we encourage you to refer directly to the XREX App. **