ApeXers — we’re thrilled to announce the launch of ApeX Grid Bot on ApeX Omni, now supporting all USDT perpetual contracts! Already available on ApeX Pro, this powerful automated trading tool is designed to help you execute customizable grid strategies and capitalize on market fluctuations efficiently.
To celebrate this exciting addition to ApeX Omni, we're launching ApeX Grid Bot with negative maker fees of 0.002%. Get ready to navigate market volatility with ease while earning on every single trade!
But here's more — with Omni Showdown in full swing, you can deploy ApeX Grid Bot to customize and automate your trades, earn on every trade with negative fees, while also competing for a share of the 50,000 USDT and 2.75 billion $KONG prize pools. Learn more here.
Let’s jump in for all the details.
About Grid Bots
Grid bots embody the classic "buy low, sell high" or "sell high, buy low" strategy within a preset price range. These automated tools place a series of orders as token prices fluctuate, capitalizing on market movements.
Ideal for both experienced traders and newcomers, grid bots offer a unique edge in refining trading strategies and maximizing profit potential. Should you need a quick refresher on how grid bots work, check out this blog.
ApeX Grid Bot Overview
ApeX Grid Bot is an automated trading tool empowering users to capitalize on market trends with customizable, self-managed strategies.
It offers both neutral bots and one sided bots with either geometric or arithmetic settings:
Neutral bots are particularly useful in sideways markets. This framework lets you customize the upper and lower bounds within which the bot will place trades. Simply set an amount above which the long positions will be opened, and below which short positions will be opened.
One-sided bots are useful for dollar-cost averaging (DCA) strategies, ideal for more passive investments and longer-term strategies, with the long mode allowing you to open long positions, while short mode allowing you to open short positions.
Need a refresher? Check out this blog for all the details of employing long, short, and neutral bots in both geometric or arithmetic mode.
Advanced Features
Apart from the above, ApeX Grid Bot offers additional handy tools for you to further elevate your automated trading strategies:
Candlestick Charts: Candlestick charts for all trading pairs are on display while you deploy ApeX Grid Bot. This allows you to leverage various candlestick patterns and types. You can also monitor candlesticks for each grid upon creation and track unrealized P&L(%) for a clearer view of your trading performance.
Historical Records: Historical bot records and transaction records for ApeX Grid Bot are on display, giving you a comprehensive overview of past activities and enhancing your ability to analyze past performance and make informed trading decisions.
Stop Loss and Liquidation Price Comparisons:You can compare stop-loss prices with liquidation prices directly within the bot. If the stop-loss price exceeds the liquidation price, you'll receive a prompt to adjust it, ensuring better risk management.
These enhancements are designed to provide a more robust, informative, and user-friendly experience with ApeX Grid Bot. For a comprehensive overview of all available features, check out our detailed blog.
Negative Maker Fees: Earn 0.002% on Every Trade
As mentioned above, as the launch special, ApeX Grid Bot comes with negative 0.002% fees. With this in mind, you will not only be exempt from paying trading fees but will instead receive a 0.002% rebate on each trade. In other words, you earn from each trade you make via ApeX Grid Bot! Plus, with ApeX Omni's zero gas fees, implementing grid strategies becomes both convenient and profitable.
ApeX Grid Bot, now available on ApeX Omni, marks the first step in our mission to introduce a suite of comprehensive automated trading tools to the Omni DEX. This inaugural bot on Omni is engineered to help you expertly navigate market volatility while benefiting from a 0.002% negative maker fee.
As we continue to expand our toolkit, we're committed to enhancing your trading experience on ApeX Omni. Follow our official social channels for all the latest updates, as we're bringing you more tools to enhance your trades on ApeX Omni.
Also, don’t miss your chance to deploy the ApeX Grid Bot in Omni Showdown — seize the opportunity to optimize your strategies, earn rewards, and rise to the top of the leaderboard!