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CoinEx Product Tutorial | How to Perform Spot Grid Trading on CoinEx to Achieve Cyclic Arbitrage in Volatile Markets

2024-07-24 03:01:17

CoinEx Spot Grid is a quantitative trading strategy that performs automatic buying low and selling high operations through grid creation. This strategy can help users master trading timing, reduce operational costs, and achieve cyclic arbitrage in volatile markets to earn profits easily. It is well known that mainstream crypto assets, represented by BTC, have been in a volatile market for a long time. If investors can use a good grid trading strategy, they might achieve stable profits most of the time.

The CoinEx Spot Grid feature has three main characteristics: automatic order placement, automatic execution, and cyclic arbitrage. So, how can users create a spot grid trading strategy on CoinEx to achieve cyclic arbitrage? This article will provide a detailed explanation.

CoinEx Spot Grid

I.Enter the [Strategic Trading] Section and Select Spot Grid

1. Visit CoinEx official website (https://www.coinex.com), log in to your account, and select [Strategic Trading] under [Exchange] in the top-left corner.

Enter the [Strategic Trading] Section

2. After entering the page of [Strategic Trading], find the [Spot Grid] and click [Create Strategy].

find the [Spot Grid] and click [Create Strategy]

Note:

(1) When creating a strategy for the first time, you can read the [Spot Grid - Beginner's Guide] in detail, and then click [Got it] to the next step.

(2) When creating a strategy, you need to read the [Risk Reminder] in detail, and then click [I‘ve read and agree to all the above] before creating the strategy.

read the [Spot Grid - Beginner's Guide] in detail, and then click [Got it] to the next step
read the [Risk Reminder] in detail, and then click [I‘ve read and agree to all the above]
Create Spot Grid

II.Select "Auto" or "Manual" Mode According to Your Needs

1. Auto Mode

The recommended strategy parameters are automatically generated based on technical analysis of market prices, which is beginner-friendly if you're using grid strategies for the first time.

Select the market, time period, and the amount to invest according to the needs, and complete the creation of the grid strategy.

Note: The recommended parameters do not constitute any financial or investment advice from CoinEx. Please evaluate whether to adopt the recommended strategy parameters at your own risk.

Auto Mode

2. Manual Mode

You can set the parameters yourself based on the market judgment, which is suitable for traders who are familiar with grid strategies.

Traders can select the market according to their needs, set the price range, grid numbers, investment mode, amount to invest, tp/sl triggers, and click [Create] - [Confirm] to successfully create a spot grid strategy.

Manual Mode
set the price range, grid numbers, investment mode, amount to invest, tp/sl triggers, and click [Create]
click [Confirm] to successfully create a spot grid strategy

III.View Strategy Details

1. After creating, the system will execute the spot grid strategy according to the pre-set parameters, and you can view the strategy details from [My Strategy].

you can view the strategy details from [My Strategy]

2. After entering [Strategy Details], in addition to viewing the detailed info, you can also select [End Strategy], and [Edit TP/SL] as needed.

you can select [End Strategy], and [Edit TP/SL] as needed

3. After the grid is successfully created, it can be ended at any time you want. When terminating the grid, you can check the investment balance of the two assets held in the strategy position, which can be refunded in any of the following ways:

(1) Return both assets to the Spot account

(2) Convert all to pricing coins (such as USDT) at the best price in the market

(3)Convert all to base coin (such as BTC) at the best price in the market

Click [Confirm] to end the strategy, all pending orders will be canceled, and the assets will be refunded to Spot account accordingly.

Click [Confirm] to end the strategy

It's still a three-step operation to help you complete the entire spot grid trading process, making investing simple and convenient on CoinEx. Currently, CoinEx Strategy Trading supports Spot Grid and Auto-Invest Plan, providing strategic trading services for users with different trading needs. If you want to achieve cyclic arbitrage in volatile markets through CoinEx, why not create a Spot Grid Trading Plan on CoinEx and easily start your journey to crypto earnings?

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