BigONE Launches Unlimited Grid Quantitative Strategy Products and Launches “0 Fee”
Even during the bear market, BigONE has been innovating, and we have launched a new feature of Grid Trading to accommodate new users by offering 0 fees on Grid Trading activities for a limited time. On our platform, BigONE’s unlimited grid trading is currently supported by 23 pairs. Some of the pairs that currently support unlimited grid trading are BTC/USDT, ETH/USDT, EOS/USDT, LTC/USDT, BCH/USDT, XRP/USDT, ONE/USDT, ETH/BTC, BCH/BTC, EOS/BTC, LTC/BTC, TRX/USDT, MOB/USDT, XIN/USDT, AVAX/USDT, ICP/USDT, FIL/USDT.
Grid trading is a quantitative strategy that generates a series of buy and sell prices in a choppy market and automatically executes buying low and selling high to produce a swing range income trading method.
Grid trading is more specifically based on a fixed price, with an equal number of buy and sell orders placed at the upper and lower price ranges. Grid trading was invented by American mathematician James Simmons. A common explanation for grid trading’s appeal is that the fund Simmons uses has a compound interest rate of up to 40% per year, which is higher than what Warren Buffet and George Soros earn.
The unlimited grid trading event began on the 18th, but there is still time to participate because it is only open for a limited time. During this event, the transaction fee rate of Unlimited Grid products is adjusted to Maker: 0%, Taker: 0.02%, and all Unlimited Grid users can take advantage of the preferential benefits of this transaction fee. During the event, the grids that were opened prior to the event will be automatically adjusted according to the above standards.
The Unlimited Grid investment strategy is a quantitative one. It is an investment tool in volatile markets, similar to grid trading. Unlimited Grid, as opposed to grid trading, is a unique proportional grid trading strategy. There is no upper price limit, only a price floor limit, which eliminates the situation where the price exceeds the upper limit of the grid, causing users to go empty. Unlimited Grid will only sell the “profit” after asset appreciation during the volatile rise to ensure that users retain assets worth the same as the initial value.
Instructions on how to participate in this activity can be found here: