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    Back To Introduces Grid Trading & Hosts its First Grid Trading Contest

    Create Time:2020-08-05 08:56:46 UTCRead:100690

    To improve our users’ trading experience, we are rolling out a new trading feature: Grid Trading.

    Grid trading is a technique in which a trader enters a position not in one go but in a sequence of orders. Usually these are entered as “stop” or “limit” orders around the current price level. Grid trading is similar to pyramiding where the position is built on when and if the trend moves in the right direction. This creates a fishing net-like grid of orders for realising profits in fluctuating markets.

    * Please note that if the price breakouts of current levels that you have set your grid parameters around, then losses might be experienced.

    Users can also enable our AI to automatically set the grid parameters (AI grid) with the values that are expected to produce the highest returns.

    We’d like to celebrate our new trading feature by hosting our first Grid Trading Contest to reward our community.

    How to engage in grid trading:’s First Grid Trading Contest

    1. Duration
    From 9:00 AM GMT, August 5th, 2020 to 9:00 AM GMT, August 19th, 2020
    During these two consecutive weeks, participants will be ranked on a daily basis.

    Contest results of the previous 24 hours will be calculated daily after 9:00 AM GMT (rewards will be distributed the following day)

    Daily Rewards
    1st Place: 80 GT
    2nd Place: 50 GT
    3rd Place: 25 GT
    4th - 10th Place: 10 GT

    Champion’s Reward
    The “Champion’ is the one who ranks top in terms of the total profit during our contest’s duration ; The Champion will be rewarded with 300 GT

    3. Rules
    1) Users that place grid trade orders are considered contest participants
    2) Eight trading pairs will be available for Grid Trading (BTC/USDT、ETH/USDT、EOS/USDT、LTC/USDT、BCHSV/USDT、BCH/USDT、XRP/USDT、GT/USDT)
    3)Contest results of the previous 24 hours will be calculated daily after 9:00 AM GMT
    4)Minimum daily profit in order to participate: 30 USDT

    4. Lucky Draw
    After the campaign ends, there will be a lucky draw which will reward 50 grid traders with 5 GT each.

    Users who grid trade during our contest period and share the share the relative announcement or campaign poster are eligible to take part in our lucky draw. Their winning chances increase with every content they share, capping at 5x. (E.g. sharing on Facebook and Twitter will double your chances)

    In order to participate in our Lucky Draw, please upload a screenshot of your retweet below:

    *Sharing on the same social media platform several times is only counted once.

    1)The profits (including unrealized P&L, P&L and handling fees) during the campaign are viewed as the total profits during the contest period
    2)Total investment amount = initial investment amount (including unrealized P&L) + funds inflow during the contest.
    3)Any users who are caught cheating will be disqualified, keep in mind that only one account per user is allowed.
    4)Risk warning: please note that crypto markets fluctuate, be cautious before engaging in trading activities.
    Introduction to’s Grid Trading

    Grid trading is an innovative trading strategy that reaps profits in fluctuating markets. A strategy aiming to capitalize on price volatility by placing buy and sell orders around the same price levels at set intervals if certain conditions are met.’s Grid trading can be performed manually or automatically via our AI.

    1. 'Smart Grid’ can automatically calculate the highest-yielding ROI grid parameters and their values, including upper-limit price, lower-limit price, number of grids, by back-testing with the latest weekly data. Users are only required to choose the investment amount and create their Smart Grid.

    2.‘Configure Grid Manually’ allows users to set their own grid parameters such as upper-limit price, lower-limit price, number of grids, investment amount and the buy/sell quantity of each grid to create the grid.

    Users can also click “Fill The Form On The Right Side”. All the values set by Smart Grid will be automatically filled in the ‘Configure Grid Manually’ section and afterwards users are able to edit them.

    How-to Grid trade: is a trading platform that does not charge listing fees, only launches quality projects, and provides users with 100% guaranteed and instant deposit-withdrawal services.
    Get 30% of all referees' trading fees in the affiliate program at

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    August 5, 2020

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