BigONE’s Latest Trading Features Updates
BigONE has been committed to providing users with unparalleled cryptocurrency trading in the safest and most secure manner possible since 2017. As the saying goes, innovation is the foundation of the human race, and innovative products are required for the advancement of Web3, as well as the onboarding of newcomers into the cryptocurrency space. BigONE has released a number of features to aid future trading in the last few months that some of our users are unaware of. These features were created with simplicity in mind, in order to provide users with additional firepower for trading on the BigONE exchange. The Martingale trading strategy, Spot grid strategy, infinite grid strategy, and dual investment products are among these features. All of these features are currently available on BigONE and can be used at any time. In this article, we will discuss the significance of these features and how you, as a user, can use them to maximize your profits while trading on BigONE.
- Martingale Strategy
The martingale strategy first appeared in speculative games such as guessing the size of a bet. The Martingale strategy is a well-known approach to gambling and investing that involves increasing the size of a trade or investment after a loss, in the hope that the next trade will be successful and will recoup all previous losses. This strategy has been applied to a variety of contexts, including cryptocurrency trading, where it is sometimes seen as a way to maximize profits in a volatile and unpredictable market. One of the key arguments in favor of the Martingale strategy is that it can help to increase the chances of making a profit in the long run. By doubling the size of the trade after each loss, the theory is that the trader will eventually win and recover all previous losses, plus a profit equal to the original investment. This can be especially appealing in a volatile market like cryptocurrency, where large price movements are common and there is a potential for significant gains or losses. There are currently 21 trading pairs that support the martingale strategy on BigONE: BTC/USDT, ETH/USDT, EOS/USDT, UNI/USDT, LINK/USDT, APE/USDT, ENS/USDT, MOB/USDT, XIN/USDT, ONE /USDT, LTC/USDT, BCH/USDT, XRP/USDT, TRX/USDT, AVAX/USDT, ICP/USDT, FIL/USDT, ALGO/USDT, ATOM/USDT, CRO/USDT, MATIC/USDT, and more trading pairs will be launched soon in the future. The Martingale strategy is quite capital-intensive and requires a lot of patience.
- Unlimited Grid Trading
Unlimited Grid trading was derived from spot grid trading, and it is a strategy designed to help you to “buy low and sell high” 24/7 while also making sure the total amount of the assets( initial capital) remains the same while the price keeps rising. Unlimited grid places orders in percentages and there are no upper limits. Unlimited grid trading is a good strategy to adopt during turbulent market conditions. Unlimited Grid trading is less capital-intensive compared to Martingale strategy and helps protect your initial capital thereby reducing the risks of heavy losses. Unlimited grid trading is supported by the following pairs on BigONE, including 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, and FIL/USDT.
- Spot Grid Trading
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. Grid trading is simple to automate and requires little to no understanding of the market’s direction. Setting up your grid trading strategy will allow it to handle tedious work without constantly requiring you to monitor real-time market movements.
Prices on shorter time frames typically consolidate, even in trending markets. Here is another opportunity to profit from slight price variations. However, the secret to ensuring your grid trading strategy is profitable is identifying a reasonable price range in any time frame. . Using a grid trading strategy, you can significantly improve your chances of buying low and selling high to profit from choppy market conditions. Grid trading is quite appealing if you are a new investor but it also has its own risks.
- Dual Investment
Dual Investment is a non-principal protected, floating income investment product. The BigONE dual investment feature, allows users to earn returns on their investments in BTC, ETH, and USDT. Dual investment refers to the simultaneous investment in two different assets or financial instruments, often with the goal of diversifying risk or taking advantage of different market conditions. One example is investing in both stocks and bonds, or in both domestic and international markets. Dual investment is based on the idea of spreading risk across multiple assets rather than concentrating it on one. This can help to reduce overall volatility in a portfolio and increase the chances of achieving a positive return. With BigONE, in the ‘BTC — BTC Investment’ dual investment product, you will invest in BTC and either BTC or USDT will be returned at expiry, depending on which currency is returned at expiry compared to the linked price.
When the exit price at expiry is less than the linked price, the product returns the invested currency, i.e. BTC; when the exit price at expiry is greater than or equal to the linked price, the product exchanges the invested BTC for USDT at the linked price.
