Helix is releasing Perpetual Grid Trading Bots, with the offerings now available for selected perpetual markets. Perpetual Grid Trading is the latest addition to the Helix Trading Bots feature, following Helix’s previous introduction of the Spot Grid Trading Bots. The Helix Trading Bots allow users to utilize advanced orders placed by a trading bot to automate the buying and selling of perpetual markets.
Get started: https://helixapp.com/futures/inj-usdt-perp/?interface=trading-bots
What Is a Perpetual Grid Trading Bot?
A Perpetual Grid Trading Bot is an automated trading bot that uses a series of orders to buy and sell an asset within a predefined price range for perpetual market listings. This trading tool can help traders take advantage of small price movements, especially under volatile markets where prices fluctuate within a given range.
How Does Perpetual Grid Trading Work?
Once a perpetual grid trading strategy is triggered, the bot will automatically place buy (long) and sell (short) orders at different price levels within the range you specify. The bot will then continue to monitor the market and execute trades as the price moves within the range you set up.
Benefits of Grid Trading
On Helix, leveraging the perpetual grid trading will bring you many benefits, including but not limited to:
- Automate your trading strategy in a systematic way without making emotional decisions
- Reduce the need for constant market monitoring
- Profit from small price movements at predefined intervals
How To Use Perpetual Grid Trading on Helix
To begin using perpetual grid trading on Helix, you will need to make sure you have funds in your Injective wallet first. Please follow this guide below if you are a first-time user. Once funds are deposited onto Injective, you are ready to set up your own perpetual grid trading strategy.
Frequently Asked Questions
1. What trading pairs are available for perpetual grid trading on Helix?
The first batch of supported trading pairs available are:
- INJ/USDT PERP
- BTC/USDT PERP
- ETH/USDT PERP
- XRP/USDT PERP
- BNB/USDT PERP
- ATOM/USDT PERP
- AVAX/USDT PERP
- SOL/USDT PERP
- PYTH/USDT PERP
- SEI/USDT PERP
- SUI/USDT PERP
- BERA/USDT PERP
2. Are there any fees associated with the perpetual grid trading?
When using perpetual grid trading on Helix, you only need to pay the fee during the initial order creation, which involves calling the smart contract. Afterward, the bot handles all order placements without any additional gas fees or trading fees.
3. Can I run multiple perpetual grid trading strategies for one single trading pair?
You can only run one perpetual grid trading strategy at a time for one single trading pair. If you would like to start a new strategy, you will need to end the current strategy and start a new one. Alternatively, you could run a separate strategy through another Injective wallet address.
This article is for informational purposes only and is not financial advice or an endorsement of a particular project or application. Use of Helix is subject to Helix’s Terms and Conditions.
About Helix
Helix is the premier decentralized crypto exchange. Helix provides access to unlimited crypto assets and perpetual markets with market leading rebates. Best-in-class security, near zero fees, lightning fast speeds, cross-chain capabilities and a fully on-chain orderbook on Helix provide the optimal gateway to bring crypto trading to the masses. Helix is built on Injective, the interoperable layer one blockchain for building powerful exchange, DeFi, derivatives & Web3 applications.