What is a grid trading bot?

submitted 2 months ago by Elsamarie to cryptocurrency

A grid trading bot is an automated tool designed to execute trades in a grid pattern by placing buy and sell orders at set intervals above and below a fixed price. It profits from market fluctuations by buying low and selling high within the grid. The bot works best in sideways markets with frequent price swings. Grid trading bot development focuses on creating algorithms that optimize these trades for consistent returns over time.

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