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BingX introduced Infinity Grid during increased volatility in Ethereum Network Projects like SHIB and TRON.

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BingX introduced Infinity Grid during increased volatility in Ethereum Network Projects like SHIB and TRON.

December 09
18:50 2022

BingX, the leading social and copy trading crypto exchange, has announced infinity grid trading during volatile markets to help users. 

Ethereum projects in the network have increased popularity with the recent upgrade to ETH 2.0. This has lead to an increase in volatility of ETH projects related coins. 

Tron (TRX) is a cryptocurrency that operates on the TRON blockchain, which was founded by Justin Sun in 2017. The goal of TRON is to create a decentralized internet, where users can freely publish, store, and own their own data. TRON uses a proof-of-stake consensus algorithm, which allows users to earn rewards for supporting the network by holding TRX, the native cryptocurrency of TRON. TRON has partnerships with some major companies, and has a growing community of users and developers.

Shiba Inu (SHIB) is the native cryptocurrency of the Shiba Inu (SHIB) project, a decentralized finance (DeFi) platform built on the Ethereum blockchain. SHIB is a non-inflationary cryptocurrency that is designed to be used for transactions and payments within the Shiba Inu ecosystem. The project aims to provide a decentralized alternative to popular social media platforms and to empower users to take control of their own data and content.

BingX Grid Trading 

The main difference between infinity grid trading and spot trading is the way in which the trades are executed. Infinity grid trading is a more complex and risky strategy that requires careful planning and monitoring, while spot trading is a simpler and more straightforward approach that relies on current market conditions.

Infinity grid trading is a trading strategy that involves placing multiple orders at different prices on the same asset. These orders are set to execute automatically if the price reaches a certain level. The goal of infinity grid trading is to maximize profits by taking advantage of price fluctuations.

“Traders might miss out when prices go up and down, while infinity grid will fill in the gap and help them take advantage of such opportunities,” said Elvisco Carrington, PR and Communications Director at BingX. “It keeps investment constant, allowing our users to make profits in a sustainable way. We hope this will bring more choices for our users. Copy trading service for infinity grid will be provided soon in the following updates. And BingX continues to explore novel solutions to create a better user experience.”

About BingX

Founded in 2018, BingX has grown to become the world’s leading social trading platform. It is a global digital asset, spot, and derivatives trading platform that provides a safe, reliable, user-centric, and open ecosystem with intuitive social trading features BingX offers SHIB USDT, TRX USDT, XLM USDT, BCH USDT, ALGO USDT, and QNT USDT derivatives and Copy Trading service to more than 100 countries and regions worldwide with over 5 million user

Media Contact
Company Name: BingX
Contact Person: Elvisco
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Country: Singapore