Bitcoin has fallen sharply, with the current price fluctuating around 55,000 USDT. The entire market is in a sluggish market full of uncertainty. Many investors are thinking about the follow-up trend and trying to find a stable investment direction. It is the best time to run the Futures neutral grid strategy, which can help investors seize opportunities in volatile markets and achieve stable returns regardless of ups and downs. To let more users understand and master this strategy and tide over the difficulties smoothly, Gate Bots has specially planned this trading competition! Hurry up and participate!
About Futures Neutral Grid
From the perspective of purpose, neutral grid is to "hedge investment risks, achieve arbitrage, and stabilize returns" suitable for when the market is volatile and the price trend is unclear. It creates buy and sell orders with a grid but no positions, usually opening/closing short above the market price when the strategy is started, and opening/closing long below. Users do not need to preset the price rise or fall. The system will automatically place short or long orders based on the real-time price, and arbitrage by buying and selling. If it falls, it will automatically go long in batches, and if it rises, it will go short in batches. It is an easy model to make money with low risk, users can even use it to do short-term trading.
Contract Neutral Grid vs. Long Grid vs. Short Grid Applicable Scenarios
1.Neutral grid: By setting buy and sell orders, market neutrality is achieved without predicting the market direction. It is suitable for volatile market conditions.
2.Long Grid: Mainly in a bullish trend. Profit is achieved by buying low and selling high, which is suitable when the overall market is bullish.
3.Short Grid: Mainly in a bearish trend. Profit is obtained by buying low and selling high, which is suitable when the overall market is bearish.
Duration: July 8, 2024 - July 22, 2024
Event 1: Give away $20,000 USDT Without Threshold!
During the event, new users who fill in the event form to sign up can receive 10 USDT trial funds (valid for 7 days), which can be used directly as principal. You can start your journey of grid trading with "zero" assets!
Event Two: Grid Trading ROI Ranking! Compete for $20,000!
Participants should meet the following requirements:
Futures Neutral Grid trading should run for more than 72 hours,
The number of runs ≧ 8 times,
The amount of a single order should be ≧ 300 USDT
The strategy must be in the Top 10% of the same type of strategy.
Top 10 users who meet the requirements above in the final annualized yield can receive a fixed reward as follows:
| Ranking by ROI | Prize Pool |
|---|---|
| Top 1 | 200USDT |
| Top 2 | 100USDT |
| Top 3 | 50USDT |
| Top 4～10 | 20USDT |
Tips: Users can use the trial funds obtained at the event to join the strategy bot. Start your journey on Gate Bots now "for free"! How to Use Quant Trial Funds
Event 3: Grid Trading Talent Award, up to 800 USDT per Person!
During the event, the top 20 users in terms of total trading volume of Futures Neutral Grid will receive a cash reward of up to 800 USDT!
| Ranking by Trading Volume | Reward/USDT |
|---|---|
| 1 | 800 |
| 2 | 500 |
| 3 | 200 |
| 4-10 | 100 per person |
| 11-20 | 50 per person |
About Gate Bots
Gate Bots is a quantitative strategy trading tool where users can freely create or copy automatic trading strategies. Strategy Bot offers many excellent strategies with long-term stable profits, helping users achieve profits during market downturns.
Click to enter Bots: Bots; Stable & Profitable in the Long Run
More instructions on Trading: https://www.gate.com/help/quants/essential_reading
Notice:
1.Users can only use one account, no sub-accounts are allowed;
2.Rewards in Event 3 will be distributed to your account in the form of USDT; Rewards in Event 1 and 2 will be distributed in the form of Trial Funds;
3.Event 1 requires winners to maintain a Futures trading volume on Bots over 12,000 USDT during the event; Each new user can win up to 50 USDT liquidation compensation;
4.Event 3 requires winners of the ranking contest to maintain a trading volume of over 120,000 USDT and the total trading volume of the top 20 users to be over 6,480,000 USDT. Otherwise, the prize pool will be deducted according to actual trading volume;
5.Cheating is not allowed. Once discovered, all rewards will be canceled and handled in accordance with the platform's rules.
6.Risk warning: Cryptocurrency trading is affected by many factors such as market fluctuations and policies. The market fluctuates greatly, so making accurate predictions may sometimes be difficult. Please trade responsibly and ensure you understand this activity's implications.
Note: Users in the UK and other Restricted Locations cannot participate in this competition/event (please see the User Agreement for further details on Restricted Locations).
Gate reserves the right to the final interpretation of this event.
If you have any questions, please contact us through TG or add customer service:
Bots - Chinese TG group: https://t.me/gateio_copytrading
Bots - English TG group: https://t.me/gateio_copytrading_global
Customer Service: https://t.me/Gate_CopyTrading
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Gate Bots
July 8, 2024
Disclaimer
The content provided herein is for reference and educational purposes only and does not constitute any financial, investment, trading, or legal advice, nor does it constitute an offer or solicitation to buy or sell any digital assets. Gate makes no express or implied representations or warranties regarding the accuracy, completeness, or timeliness of the information contained herein. Product features, interfaces, rules, and fee structures may be updated or adjusted at any time. Please refer to the latest announcements and the actual information displayed on the Gate platform for the most accurate details.
Digital asset investments involve significant risk, and prices may fluctuate substantially. You may lose the entire amount of your investment. Please make decisions cautiously based on your own financial situation and risk tolerance after fully understanding the associated risks. If necessary, you are advised to consult an independent professional financial or legal advisor.
For more information about potential risks, please refer to Gate's Risk Disclosure and User Agreement.
