• Language & Exchange Rate Switch
  • Preference Settings
    Rise/fall colour
    Start-End Time of the Change
Web3 Exchange
Announcement
Activity
Bi-Weekly Report
Institutional&VIP
Gate Learn
Delisted
Gate Wealth
New Listed
Gate Charity
Finance
Trade Competion
Deposit&Withdrawal
ETF
Live
Gate Card
rename
Announcements Gate.io Introduces Grid Trading & Hosts its First Grid Trading Contest
Gate.io Introduces Grid Trading & Hosts its First Grid Trading Contest
2020-08-05 08:56:46 UTC 137493 Read
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:



Gate.io’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.

2.Rewards
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:
https://gateio-exchange.mikecrm.com/aHHq5mQ

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

*Note:
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 Gate.io’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.

Gate.io’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:
https://www.gate.io/help/trade/conditional/17684


Gate.io 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 https://www.gate.io/myaccount/myreferrals

Click to Sign up :https://www.gate.io/m#/register
Download it now at: https://www.gate.io/mobileapp
Scan and download at:



Gate.io New Features:
Spot Trading on Gate.io (200+ tokens):https://www.gate.io/trade/BTC_USDT
Margin Trading on Gate.io (Long or Short):https://www.gate.io/margin_trade/BTC_USDT
Perpetual Contract Trading:https://www.gate.io/futures_trade/BTC_USD
Lending on Gate.io (secure and stable, high annual return):https://www.gate.io/margin/lend/USDT
C2C Trading on Gate.io:https://www.gate.io/c2c/usdt_cny
Download Gate.io APP:https://www.gate.io/mobileapp
Download Wallet.io (ALL in ONE):https://www.wallet.io/

Follow us and get updated at (Follow as to win bonus)
Facebook: https://facebook.com/gateioglobal
Twitter: https://twitter.com/gate_io
Telegram:https://t.me/gate_zh
Instagram:https://www.instagram.com/gateioglobal
Medium:https://medium.com/@gateio

Gate.io
August 5, 2020
Share Posts
Related Articles
Gate.io will Adjust Listing time of Catcoin (CATCOIN) Gate.io BRETT, EZSWAP, BRI, BWLD, JUICE, AGG, PIGCOIN, CAF and GMRX Trading Competition Reward Distr... Gate.io Has Added Merlin Chain (MERL)  Perpetual Contract Gate.io Showcases Latest Web3 Ecosystem at TOKEN2049 Dubai Gate.io Startup:Catcoin (CATCOIN) Sale Result & Listing Schedule GT Holder-Exclusive Airdrop: Gate.io Startup Free Offering: Crypto Hunters (CRH) and Announcement of...
Language and Region
Exchange Rate
Go to Gate.TR?
Gate.TR is online now.
You can click and go to Gate.TR or stay at Gate.io.