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Saint Vincent, Grenadines, March twenty second, 2024, Chainwire
ApeX Protocol, a number one decentralized change (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 adverse maker charges of 0.002%.
Designed for each seasoned and novice merchants alike, ApeX Grid Bot will help all USDT and USDC perpetual contracts out there on ApeX Professional, permitting customers to customise their buying and selling technique with 2 distinct bot sorts: impartial and one-sided bots. Impartial bots, perfect for sideways markets, will let merchants outline higher and lower cost limits inside which the bot robotically executes purchase and promote orders. In the meantime, one-sided bots, good for dollar-cost averaging (DCA), will let customers execute longer-term funding methods and accumulate property 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 get pleasure from a adverse maker price of 0.002%. Because of this 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 aren’t 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,” stated 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 situations. The introduction of adverse 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 the 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 essentially the most superior help to reach the evolving panorama of decentralized finance.
About ApeX
ApeX is a permissionless and non-custodial derivatives decentralized change, 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 offer permissionless entry to the perpetual swaps market with its order ebook mannequin, because it stays dedicated to the guarantees of pace, effectivity, and safety with transparency on merchants’ most popular derivatives buying and selling property.
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