Beginner’s Guide: How To Use BiKi Grid Trading To Make Automated Trades And Profits

BiKi.com
4 min readSep 4, 2020

What is Grid Trading?

BiKi Exchange has recently introduced a new feature known as ‘Grid’, currently available in APP version only. Users can now employ the capabilities of an Algorithmic Bot (commonly referred to as Algos), all within the tap of a few buttons, and all in the comfort of their own mobile phones.
For those who do not know, these trading Algos automatically place buy/sell orders in the market based on predetermined parameters, once the market conditions are met, the Algos would then execute those orders immediately in the blink of an eye.

***The concept of Grid Trading derives from Mean Reversion, a widely known theory that’s almost a staple for institutional traders.

Simple illustration of Grid Trading from Mean Reversion

Why Choose Grid Trading?

The notion of ‘Passive Income’ may seem like like a far away dream for many, but with BiKi’s newly launched Grid Trading, dreams do become reality for an investment as low as under 50 USDT. BiKi Grid Trading strategies have been proven to actually work and generate stable profits, all done so with minimal human intervention in the process.

The Grid Trading Experiment

Let’s take JST/USDT as an example:
Starting off with a total initial capital of 702.8715 USDT, the Grid Trading was able to generate a whopping 3.36% profit in just 10 hours after using the AI Recommended strategy!

Want to find out how it works? Check out the following details and explanation of the whole process.

First up, Grid Details.

BiKi Grid Trading offers 2 trading strategy modes — AI Recommended and Custom where AI Recommended is best suited for new beginners and the latter for experienced investors. Note that the “AI Recommended” strategy under BiKi Grid Trading will automatically provides suitable trading parameters based on the 7-day historical data.

Next up, In process

Here at ‘In process’, the orders are placed here according to the parameters set by BiKi Grid Trading.

In essence, this Buy-low & Sell-high technique will be executed flawlessly by the BiKi Grid Trading’s AI Recommended strategy, all on automatic and done so in just a matter of mili-seconds!

Last up, Complete

At this section, you will see the list of total grid trade positions completed by BiKi Grid Trading. By clicking on the drop-down list arrow, you will be able to see the details of the buy & sell grid trades that completes the overall position.

As demonstrated, BiKi Grid Trading has taken advantage of the mean-reverting properties of the market, and earned USDT while retaining the same quantity of JST tokens. BiKi Grid Trading thrives in a range-type market and guess what, markets have been known and proven to be ranging 70% of the time!!

Conclusion

As demonstrated above, the potential of BiKi Grid Trading is only limited by the amount that you placed in it, so don’t be afraid to go crazy with it!
Below lies the manuals to successfully navigate your way around this ‘holy grail’, utilising it to the best of your abilities. The tutorial gives you a brief run-through of the crucial steps required while the video guides you step-by-step through the process, giving you a comprehensive view of BiKi Grid trading! Knock yourself out.😉

💡Tutorial on How to use Grid Trading (APP version): https://support.biki.cc/hc/en-us/articles/360047212252-How-to-use-Grid-Trading-APP-version-

🎥BiKi’s Grid Trading Tutorial (Video): https://support.biki.cc/hc/en-us/articles/360049071451-Video-Tutorial-BiKi-Grid-Trading

Download BiKi Exchange App on App Store or Google Play to start BiKi Grid Trading

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Disclaimer: The above does not constitute as investment advice. Do note that trading cryptocurrencies (or any other financial market) involves substantial risk, and there will be a potential for loss. Your trading results may vary. Please practice the proper risk management to avoid risks of approaching account zeroing and liquidation.

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BiKi.com

Founded in 2018 and headquartered in Singapore, BiKi is a global cryptocurrency exchange that provides blockchain technology and digital asset trading services