Pionex Grid Trading Bot - what happens when price is away from set grid

So i've been running my spot trade using Pionex over the past 2 weeks therefore I pretty much let the bot handle al the buying and selling for me hassle free. Setting up a pair takes you like 2 mins however you do need to pay attention as to the range the grid would trade in.

Once you understand the pricing which you are in range for .. then just click create bot and just wait for it to start trading for you.

After the 7th day of trading you normally are able to release your profits from the trade however if you want to receive back all your ETH, you could just stop the bot and it would do a panic sell and release your ETH back to you to buy into another trade.

However once your bot goes beyond the range which you have set .. it would literally stop buying/selling and you may want to consider stopping the bot and then create another bot for either the same pair or another pair which you think would moon. Just like the image on top .. the bot has literally completed its transaction and is no longer buying and selling until it comes to range once more.

Pionex is an exchange designed for the trading bot. Great liquidity which aggregates from multiple other exchanges, 5 trading bots built-in, and very low trading fee - 0.05%. Join with me today 👉 https://www.pionex.com/en-US?r=pxkrHFc7

Cheers all and have a great day

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