#CPIWatch The meaning of the word Binance today in the crypto world refers to a trading strategy known as "Grid Trading." This strategy relies on placing automatic buy and sell orders at evenly spaced price levels to create a grid of trades. The goal is to take advantage of price movements within a certain range, without the need to accurately predict the direction.
When the price moves up or down, orders are executed gradually, achieving small and repeated profits with each fluctuation. This method is typically used in sideways (non-trending) markets, where there are no strong continuous trends.
Grid trading can be executed manually, but platforms like Binance and KuCoin provide automated Grid Trading bots programmed based on criteria set by the user, such as the upper and lower price limits and the number of grid levels. This strategy is suitable for moderately experienced investors looking to achieve steady income from market fluctuations.
