Pionex GRID Trading Bot

Why must I use a Grid Trading Bot?

Grid Trading earnings from the ups and downs of the market. You set a Price Range for the bot, alter how many Grids you choose and as lengthy as the rate stays inside your set range, the bot will continually promote a component when the rate goes a bit up and purchase a component when it goes a bit down. It’ll be ideal on a fluctuated sideways market.

Grid Trading makes it handy to attain a stable, passive income with low hazard in the risky crypto market. By the use of the Grid Trading Bot, you will avoid all the emotional choices and lockup small earnings all the time, whilst the charge continues fluctuating.


The Bot does this whilst you sleep, when you work, or whilst you experience your freetime.


Grid Trading Bot — 24/7 Auto-Swing-Trade for you.


How to use the Trading Bot on Pionex

Visit Pionex and pick out Grid Trading Bot from the listing of buying and selling tools.


Pionex lets you to pick out one of the two sorts of Grid Trading Bot: “Use AI Strategy” and “Set Myself”.


AI Strategy for Grid Bot

If you pick “Use AI Strategy”, Pionex AI Advisor will advise a set of parameters for you. The parameters had been calculated from backtesting the final 7-Days. You’ll see the endorsed Price Range and Profit Per Grid as preview. All you’ll want to do, is to use the slider to pick out how a whole lot of your dollars you prefer to use.for the Grid Trading Bot. Once you have executed that truely click on CREATE and the bot will begin buying and selling and producing a passive earnings for you!


Customized Parameters for Grid Bot

If you select “Set Myself”, you’ll want to enter the following parameters


  • Upper Limit Price
  • Lower Limit Price
  • Number of Grids
  • Total Investment for the Bot
  • (Optional) Trigger Price
  • (Optional) Stop loss Price
  • (Optional) Take Profit Price


After you created the bot, it’ll ask your permission to re-allocate the quantity of the two cash of the chosen pair for you. Several purchase and promote orders will be placed, which will allow the bot to purchase low and promote excessive for you, as lengthy as the fee fluctuates inside your set Price Range.


Grid Trading Bot Example

Use Pionex Grid Trading Bot to make income in the fluctuated sideways-market with the BTC/USDT Trading-Pair. Set the parameters like this:


  • Upper Limit Price: 8000 USDT
  • Lower Limit Price: 5000 USDT
  • Grid Quantity: 10
  • Quantity Per Grid: 1 BTC

After the bot has been created, it’ll slice the vary from 5000 to 8000 into 10 sections (Grids) and location orders in every of these sections. As the rate fluctuates, it’ll preserve executing the purchase orders each time the fee goes a bit down and the sell orders on every occasion the charge goes a bit up, as lengthy as the fee stays inside the vary of 5000–8000. It will earn you a small earnings for each set of purchase and promote order that has been triggered.


If you set a Stop-loss Price for the Grid Trading Bot, it’ll cancel itself and all the base foreign money will be offered to the quote currency, as soon as the charge drops under it. If you ran the Bot on BTC/USDT pair, for example, the bot will promote your BTC to USDT and shut the bot as soon as the fee reaches your stop-loss price.