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TagsWhich cryptocurrency pairs are recommended for grid trading?
ailurusJan 03, 2022 · 3 years ago1 answersI'm interested in grid trading with cryptocurrencies, but I'm not sure which pairs are the best to trade. Can you recommend any specific cryptocurrency pairs that are suitable for grid trading? I would appreciate any insights or suggestions.
1 answers
- At BYDFi, we recommend considering BTC/USDT, ETH/USDT, and BNB/USDT pairs for grid trading. These pairs have shown consistent liquidity and volatility, making them suitable for grid trading strategies. However, it's important to note that grid trading is a complex strategy and requires careful risk management. It's always a good idea to diversify your portfolio and consider other factors such as market trends and news events when selecting cryptocurrency pairs for grid trading. Remember, past performance is not indicative of future results, so it's crucial to stay updated and adapt your strategy accordingly.Jan 03, 2022 · 3 years ago
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