BingX Introduces Infinity Grid Robot for Crypto Auto Trading After Its Zero-Fee Policy – Yahoo Finance





SINGAPORE, Oct. 11, 2022 /PRNewswire/ — BingX, the world’s leading social trading crypto exchange, introduced Infinity Grid for Cryptocurrency Spot Trading, aiming to help more users benefit in volatile markets through technology innovation.
While spot grid places orders at fixed price intervals, the spot infinity grid does so at a preset percentage interval without the upper price bound (hence the name). As a premium strategy derived from spot grid, infinity grid is designed to avoid “missing out” on the trending market when crypto prices run high. With infinity grid, traders do not have to worry about the price would breach the upper price bound as the markets go bullish. Whenever the infinity grid sells high, the appreciated amount exceeding initial value of the coin will be sold out. The total amount of assets maintains its equivalent initial value as the infinity grid “Buy Low and Sell High” 7*24.
BingX grid trading provides two methods: “Auto” or “Manual”. Users could let the infinity grid automatically trade with recommended parameters based on historical data analysis, or with their preset parameters. The investment amount could be as low as 1% of the coin’s current market price, which enables more traders to participate in the strategy trading.
Infinity grid could result in high-frequency trading in turbulent market conditions. Combined with BingX’s recent ZERO-FEE POLICY, traders could maximize their gains with appropriate trading strategies.
“Traders might miss out when prices go up and down, while infinity grid will fill in the gap and help them take advantage of such opportunities,” said Elvisco Carrington, PR and Communications Director at BingX. “It keeps investment constant, allowing our users to make profits in a sustainable way. We hope this will bring more choices to our users. Copy trading service for infinity grid will be provided soon in the following updates. And BingX continues to explore novel solutions to create a better user experience.”
About BingX
Founded in 2018, BingX is a crypto social trading exchange that offers woo usdt, unfi usdt, tvk usdt, and trb usdt  spot and derivatives trading services to more than 100 countries worldwide with over 5 million users. BingX connects users with expert traders and the platform in a safe, simple, and transparent way.
SOURCE BingX
The stock market took it literally on Thursday with a massive rally following an inflation reading that everyone agreed was way too hot. The CPI rose 0.4% in September, up from 0.1% in August, and above estimates for 0.2%. Core consumer prices, which don’t include food and energy, rose 0.6%, above forecasts for 0.4%, and unchanged from August.
(Bloomberg) — A shock turnaround in equities sent Wall Street searching for something — anything — to explain how yet another red-hot inflation number translated into one of the best days of the year. Most Read from BloombergStocks Surge in Wild Ride After CPI Data Selloff: Markets WrapCore US Inflation Rises to 40-Year High, Securing Big Fed HikeWorld Faces New Threats From Fast-Mutating Omicron VariantsIntel Is Planning Thousands of Job Cuts in Face of PC SlumpHere’s How Weird Things Are Ge
Nio (NYSE: NIO) stock has tanked more than 40% in the last month, far outpacing the approximately 14% decline in the S&P 500 index. Nio shares continue to slide today, down 2.5% as of 11:25 a.m. ET. Nio doesn't yet do business in the U.S., but the prospect for the Federal Reserve to have to raise rates even more than hoped has global implications.
A Wall Street analyst believes General Electric (NYSE: GE) shares are set up well going into earnings season and has raised her price target as a result. General Electric has been mired in a long slump, with shares down more than 60% over the past five years and down 28% in 2022 alone. Deutsche Bank analyst Nicole DeBlase is feeling upbeat about GE heading into earnings season.
Amazon (NASDAQ: AMZN), Shopify (NYSE: SHOP), and MercadoLibre (NASDAQ: MELI) were all diving today after the September Consumer Price Index (CPI) came in hotter than expected. Wall Street was eagerly anticipating the report, as the inflation number is one of the biggest factors impacting the Federal Reserve's decision on interest rates. With the month-over-month CPI up 0.4%, its fastest growth in three months, and the year-over-year number still high at 8.2%, it's clear that inflation continued to be a problem for the economy in September.
Apple and Goldman Sachs are teaming up to offer a new, no-fee, high-yield savings account for Apple Card users.
Shares of Moderna surged more than 11% on Wednesday after the biotech company [announced](https://investors.modernatx.com/news/news-details/2022/Merck-and-Moderna-Announce-Exercise-of-Option-by-Merck-for-Joint-Development-and-Commercialization-of-Investigational-Personalized-Cancer-Vaccine/default.aspx) it would develop and sell a personalized cancer vaccine with Merck. The stock was the biggest gainer on the S 500 around midday. Shares of Merck were little changed. Merck will pay Moderna $250 m
(Bloomberg) — Wall Street hopes that the Federal Reserve might be able to ease up on its battle against inflation later this year were decisively dashed Thursday when consumer price index data for September came in unexpectedly hot. Core CPI, which excludes food and energy, increased 6.6% from a year ago, the highest level since 1982. Stock futures on the S&P 500 sank below 2% after rising as much as 1.3%, and 10-year Treasury yields jumped above 4%. “Horrible CPI number,” said Andrew Brenner,
Verizon (NYSE: VZ) and AT&T (NYSE: T) are now trading for price-to-earnings ratios under 10 and yielding over 7% from their dividends. Why are these stocks cheap and is there an opportunity for investors? Travis Hoium covers why the reward well outweighs the risk for these stocks.
No one from Wells Fargo's 17-member “senior leadership team” remains based at the bank’s headquarters in San Francisco, the bank told me Wednesday. The senior leadership team, as outlined on the bank’s website, includes CEO Charlie Scharf and the C-suite along with other senior executives, such as the heads of several business units. As recently as February 2020, Wells had four members of its then 15-member senior leadership team based in San Francisco, where the bank (NYSE: WFC) was founded in 1852 amid the Gold Rush.
If you want to know who really controls Medical Properties Trust, Inc. ( NYSE:MPW ), then you'll have to look at the…
Last month, the Federal Reserve implemented its fifth straight interest rate hike this year, and its third consecutive hike at 75 basis points, bringing its key funds rate up to the 3% to 3.25% range. The move showed that the central bank is deadly serious about taking on the stubbornly high inflation that has been plaguing the economy since the middle of 2021. The Fed’s turn toward an aggressive anti-inflationary policy may not be hard enough, however, as the September data, released this morni
Energy inflation remains a serious concern. Protect your portfolio.
Market traders were nervous today after the Bureau of Labor Statistics released the latest Consumer Price Index data for September. Inflation came in higher than analysts expected, which ended hopes that the Federal Reserve would stop raising interest rates. In other news, analysts are still processing how deep the PC market could fall in the near term, especially if higher inflation sends the economy into a recession.
The headwinds have piled up for the US economy, and today’s producer price index, coming in well above the forecasts, was just the latest blow. As the PPI reminds us, inflation is stubbornly high, and compounding on last year’s elevated numbers. In addition, we’re facing a 1H GDP contraction, a nosedive in consumer confidence, shaky supplies chains, and the Federal Reserve’s rapid shift to hiking interest rates. And all of that may just be the tip of the iceberg. Billionaire investor Ray Dalio s
The big question: Has the market hit a bottom yet? Well, according to Oppenheimer's Head of Technical Analysis Ari Wald, there are signs one is forming, the most notable of which is that the Russell 2000 index – the barometer for small-cap stocks – “held to the June lows in the most recent late Q3 move to the downside." Wald also notes that the signal of a market top is when the S&P 500 makes a “higher high, and small caps make a lower high," and we are currently seeing the opposite scenario pla
U.S. stocks recovered Thursday after inflation data showed that consumer prices climbed more quickly than expected.
Petrobras (PBR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In this article, we will discuss the Top 10 Stock Picks of Charles Clough’s Clough Capital Partners. You can skip our detailed analysis of Clough Capital Partners’ strategy and Charles Clough’s background and go directly to the Top 5 Stock Picks of Charles Clough’s Clough Capital Partners. Charles Clough is the chairman and co-chief investment […]
(Bloomberg) — Treasury Secretary Janet Yellen cited concerns about the potential for a breakdown in trading of US Treasuries, as her department leads an effort to shore up that crucial market.Most Read from BloombergIntel Is Planning Thousands of Job Cuts in Face of PC SlumpHere’s How Weird Things Are Getting in the Housing MarketPutin Says All Infrastructure at Risk After Nord Stream HitAlex Jones Must Pay $965 Million for His Sandy Hook LiesUS Core Inflation Seen Returning to 40-Year High as

source



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.