2️⃣How to Started Derivatives Grid Trading?

Here’s a step-by-step guide to creating your first Derivatives Grid Trading on Tapbit. Note: Derivatives Grid will be channeled directly through your Tapbit Derivatives Account.

Step 1: Please click on Derivatives –> Grid Trading in the navigation bar to enter the Tapbit Derivatives Grid Trading page.

Step 2: Create a USDT Derivatives Grid:

1. Pair: Select trading pair

2. Order Direction: Long, Short or Neutral

3. Leverage: Set your preferred leverage

Note: The maximum leverage for all trading pairs in order direction is 20x.

1. Price Range: Set lower and upper price bounds

2. No. of Grids: Enter the number of grids

Notes:

— For Arithmetic, each grid has an equal price difference. For Geometric, each grid has an equal price ratio difference.

— Arithmetic grid is the default. If you want to use a geometric grid, you can select it in the Grids Qty column.

— The higher the number of grids, the smaller the price intervals. This means that in a volatile market your orders may be filled more frequently, but your profits would be lower, due to multiple trading fees.

1. Investment: Enter the amount you wish to invest

2. Advanced Settings (Optional) — You can optionally set the following parameters:

• Grid Trigger: The grid will be active once the last price or mark price you choose reaches the set trigger price.

• Stop Trigger: The grid will stop when the last price or mark price of the symbol you choose reaches the set top or bottom price. All of your positions will be closed at market price.

• Grid Trigger: Set Price Trigger ( Last Price or Mark Price)

• Stop Trigger: Set Upper and Lower Price Limits for Trigger Termination

1. Close all positions when grid ends （Default Selected ）

Then, click on Create.

Step 4: Please double-check the grid bot information you’ve created, and then click on Confirm to start trading.

Your Derivatives Grid Trading has been successfully created!

How to check details?

You can click on Details of the grid bot you want to view to explore more information, including current status of your Derivatives Grid Trading , current orders under the Positions tab and your order history.