PRESS RELEASE

Huobi Futures Adds Grid Trading To Suite of Professional Features

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LONDON, Nov. 11, 2021

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Huobi Futures, a leading global digital asset derivatives trading platform under the Huobi Group.

The Exchange announced today that it will officially support grid trading features on the website and mobile app.

Grid trading features capitalize on price volatility by placing buy and sell orders at certain regular intervals above and below the price of a particular asset.

When a grid strategy is running, if one of the grid open orders is filled, the system will automatically place another order in the opposite direction.

By automatically executing “buy low” and “sell high” functions, it guarantees the selling price to be higher than the buying price each time. This helps investors profit from sideways trends. 

“Grid trading is a step up from ‘shuttle trading’ – creating a batch of positions that cover wider spaces for arbitrage. More importantly, Huobi’s robust risk control system can ensure seamless operations for advanced traders,” said Jeff Mei, Director of Global Strategy.

The addition of grid trading features comes after Huobi Futures launched features this year such as real-time settlement, follow a Maker and Taker, locked margin mechanism, bilateral take-profit and stop loss, and trailing stop.

Going forward, Huobi Futures plans to add more features to cater to the increasing needs of its advanced traders and investors. 

Grid Trading Campaign

Starting at 07:00 (London time) on Nov 11, users can trade USDT-margined swaps using the grid trading feature to equally share 20,000 USDT in prizes.

The campaign will last for eight days. Users can simply run a grid trading strategy and cumulatively invest no less than 100 USDT in this strategy to receive rewards.

About Huobi Group

As a world-leading company in the blockchain industry, Huobi Group was founded in 2013 with a mission to make breakthroughs in core blockchain technology and the integration of blockchain technology to other industries.

Huobi Group has expanded into public blockchains, digital assets trading, wallets, mining pools, proprietary investments, incubation, digital asset research, and more.

Huobi Group has established a global digital economy industry ecosystem by investing in over 60 upstream and downstream companies in the blockchain industry and has created holistic global digital economy ecology.

For more information, please visit https://blog.hbg.com/.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Sara K

Sara is steadily working on cryptocurrency evaluations, news, and fluctuations in digital currency prices. She is guest author associated with many cryptocurrencies admin and contributes as an active guide to readers about recent updates on virtual currencies.

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