BingX launches a new trading feature that allows for the execution of consistent trading strategies

BingX, one of the leading digital assets social trading platforms in the crypto ecosystem, has released a new trading feature aimed at helping customers execute consistent trading strategies.

An announcement share with Invezz states that the new feature dubbed “Spot Grid Copy Trading” will offer customers the flexibility and consistency they want.

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The technology combines Grid trading and Copy trading, allowing new users access to strategies applied by pro traders in an easy-to-implement mechanism.

Benefiting from crypto volatility

With crypto volatility a feature of the market, BingX customers can rely on Grid trading to benefit from buy and sell orders undertaken within a defined range. The customers will continue to earn on the asset’s volatility as long as prices remain within the range.

A user can choose to work with multiple strategies if they want. However, BingX says the options available will depend on factors such as a trader’s investment amount, past returns, and projected annualized returns.

The launch of BingX’s Spot Grid Copy Trading feature is part of the firm’s strategy to stay ahead of the competition in a market teeming with offerings.

Elvisco Carrington, Public Relations and Communications Director at BingX, said in a statement that more focus is now on innovation around spot trading. He has assured investors of the team’s dedication to providing the best, which the market should look out for in the near future.

He added:

We also understand that being a first mover in the industry comes with several advantages which we hope to capitalize on. Users can look out for more spot trading pairs being listed as well as other new innovative tools from BingX.

BingX was founded in 2018 and has grown significantly in the social trading arena to encompass over 300 spot cryptocurrencies. As well all top digital assets, the platform has listed some of the hottest new coins, including  Ape Coin  Shakita, and STAKE.