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Bitget Releases Position Grids to Reshape Digital Asset Tradin | Crypto Land

Bitget Releases Position Grids to Reshape Digital Asset Trading

Cryptocurrency exchange, Bitget has launched position grids, a trading tool to enable users take advantage of market fluctuations in a bid to scale up activities. In a recent press release, the exchange announced the integration of its trading tools to aid all users including helping low-capacity traders minimize their losses.

Position grids can be described as bots utilized on futures and spot markets that automate buying and selling within a system-determined price range to benefit users. Gracy Chen Bitget’s Managing Director said the move shows determination to carry along traders on different experience levels as they get introduced to the market.

“With the introduction of Position Grids, Bitget reaffirms its commitment to providing innovative tools for traders at all levels. This feature marks a significant step forward in enhancing the trading experience, aligning with our vision of making crypto trading accessible, and providing everyone a smarter way to trade.”

Over the years, several research papers have placed the technicalities of blockchain technology and crypto trading as reasons for slow adoption among potential users leading to executives creating more awareness. It should also be noted multiple companies have launched tools to make trading easy as part of wider efforts to drive adoption and protect investors.

According to the statement, Bitget’s position grids will intelligently suggest parameters based on present and past prices forming a price range while offering flexible use of assets on the exchange.