Spot Grid FAQ (A Must-Read for Newusers)
- User Guides
- Must-Read for Beginners
1.What is Spot Grid Trading?
Spot Grid is an automated tool that buys low and sells high within a preset price range, helping you capture profits from market fluctuations with ease.
2.What kind of market is suitable for Spot Grid?
Ideal for a ranging market—where prices move up and down within a set boundary. This strategy turns every fluctuation into a profit opportunity, allowing you to earn without constantly staring at the charts.
3.Is it difficult for beginners to use?
Not at all! New users only need to choose "Auto" on the Spot Grid page. This will automatically select the optimal strategy based on current market conditions. It's a simple, efficient option designed for passive earnings.
4.Which trading pairs are supported by Spot Grid?
Most popular spot trading pairs on the platform are supported. You can check the specific list on the Spot Grid page.
5.What is the minimum investment to start Spot Grid?
The minimum investment is as low as 10 USDT, so both large and small investors can participate.
6.Do I have to pay extra fees for Spot Grid?
No, the fees are the same as spot trading. There are no additional costs for using the Spot Grid feature.
7.What is the source of profits for Spot Grid?
Profit primarily comes from the "buy low, sell high" spreads during price fluctuations. Your held assets may also enjoy additional gains from appreciation.
8.How can I check my profits?
You can easily view your active bots and total profits anytime in the Bots section on the Assets page.
9.Can I withdraw my funds while a grid is running?
Yes, you can stop the bot at any time. Your funds and profits will be settled and returned to your account in real-time.
10.Can I run multiple Spot Grid bots at the same time?
Yes. You can run multiple bots simultaneously across different cryptos or price ranges to diversify your risk.
11.What happens if the price moves outside my preset range?
If the price moves outside your set range, the bot will temporarily stop placing orders and will resume automatically once the price returns within the range.
12.What's the difference between Spot Grid and Futures Grid?
Spot Grid does not use leverage, so there’s no risk of liquidation and returns tend to be more stable. Futures Grid lets you go long or short but involves higher risk.
13.Can Spot Grid be profitable in the long term?
For highly volatile cryptos, using a Spot Grid bot over the long term can help you consistently accumulate profits from price swings.
14.Why am I unable to successfully create a Spot Grid bot?
If you fail to create a Spot Grid bot, it may be due to the following reasons:
- You do not have enough USDT in your Spot account to meet the minimum investment requirement for the Spot Grid.
- The parameters you've set are not within a specified range.
If you still fail to create a Spot Grid bot, please rea