Saint Vincent, Grenadines, March twenty second, 2024, Chainwire
ApeX Protocol, a number one decentralized trade (DEX) for derivatives buying and selling, declares ApeX Grid Bot, an automatic buying and selling software launching on March 22, 2024.
The inaugural ApeX Grid Bot empowers customers to leverage a robust automated buying and selling software, enabling them to execute customizable grid methods and capitalize on market fluctuations whereas benefiting from destructive maker charges of 0.002%.
Designed for each seasoned and novice merchants alike, ApeX Grid Bot will assist all USDT and USDC perpetual contracts accessible on ApeX Professional, permitting customers to customise their buying and selling technique with 2 distinct bot sorts: impartial and one-sided bots. Impartial bots, very best for sideways markets, will let merchants outline higher and cheaper price limits inside which the bot routinely executes purchase and promote orders. In the meantime, one-sided bots, excellent for dollar-cost averaging (DCA), will let customers execute longer-term funding methods and accumulate belongings over time.
The discharge of the ApeX Grid Bot comes with a particular benefit. Customers who make use of the bot for buying and selling will take pleasure in a destructive maker charge of 0.002%. Which means customers won’t solely be exempt from buying and selling charges, however they can even earn 0.002% for every commerce executed through the bot. Moreover, since there are not any fuel charges related to buying and selling on ApeX, using grid technique on ApeX’s decentralized and self-custodial buying and selling platform turns into each handy and profitable.
“The launch of ApeX Grid Bot marks a primary step ahead in our dedication to empowering merchants with automated buying and selling instruments on ApeX Professional,” mentioned Tekla I, the Head of Enterprise Growth at ApeX Protocol. “This software allows customers to capitalize on market actions and optimize buying and selling effectivity, notably in unstable market circumstances. The introduction of destructive maker charges goals to additional incentivize merchants to make the most of the bot, enriching their decentralized and self-custodial buying and selling expertise with elevated rewards.”
Marking a step in direction of the inception of a collection of automated buying and selling instruments on the platform, ApeX Grid Bot underscores ApeX’s unwavering dedication to offering merchants with probably the most superior assist to achieve the evolving panorama of decentralized finance.
About ApeX
ApeX is a permissionless and non-custodial derivatives decentralized trade, powered by StarkWare’s Layer 2 scalability engine StarkEx, delivering USDC and USDT cross-margined perpetual contracts with over 40 buying and selling pairs and as much as 50x leverage. It’s primed to supply permissionless entry to the perpetual swaps market with its order e book mannequin, because it stays dedicated to the guarantees of pace, effectivity, and safety with transparency on merchants’ most popular derivatives buying and selling belongings.
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