BOXtradEX Review: Is it the Best Grid Bot in 2021?

One of the best cryptocurrency trading bot platforms that you can opt for is BOXtradEX. In this article, we have listed several exciting features and services that BOXtradEX offers. A modern-day crypto tool with high-grade security and protection levels consists of multi-liquidity connections to avoid third-party risks. Having minimal and affordable trading fees, BOXtradEX has everything you need for a smooth crypto-trading experience.

Summary (TL;DR)

  • BOXtradEX is an automated trading platform that has a combination with many tactical trading bots.
  • Unlike most crypto-trading softwares, the bot exchanger helps the traders with various things such as 24×7 trading, automatic trading, well-maintained regularity, high inference, and subtle implementation.
  • BOXtradEX is an institute that will stay long-term with the investors and not enticing traders with their dicey merchandise.
  • BOXtradEX tends to provide a pretty appropriate fee structure for traders. Apart from the low fees, it includes zero fees of the trading bot, zero deposit fee, maker fees at just 0.05% and taker fees at 0.1%.
  • The prime objective here is that BOXtradEX is helpful with the prevention of any third-party risks when the market goes through any significant fickleness.
  • Grid trading bots are nothing but a famous investment mechanism that emphasises the market inconstancy in place of market trends.
  • The creation of BOXtradEX is upon high-level security and legal authorisation. With the association with a well-known institution such as BitGo, BOXtradEX has first-class security and storage technology used in hot and cold wallets to protect the assets stored in the exchange.

Use referral code T4CyBOP0 to get a discount on fees.

What is BOXtradEX?

BOXtradEX is an automated trading platform that comes with a combination of many tactical trading bots. The main objective of BOXtradEX is to create a digital assets platform along with pioneering notions mainly based on reliable and legitimate adherence. Apart from all the functions, the crypto trading bots and bot exchangers are the prime provinces of BOXtradEX. 

Additionally, BOXtradEX has a unique crypto trading software that provides its users with a friendly, liberated, and flexible medium of crypto trading bots. BOXtradEX was created with the mindset of high-level conformance approaches along with conventional style crypto-alliance with famous economic centres. But do trading bots work? The answer to this question is a YES! Recently, trading bots have been gaining popularity among experts and are helping investors with lots of things. 

BOXtradEX
BOXtradEX

Highlights of BOXtradEX

As mentioned earlier, BOXtradEX has the primary goal of allowing investors to work with trading bots comfortably and without any hassle. Usually, people who regularly invest in crypto face some issues that turn out to be pretty annoying at times. This is why BOXtradEX has one of the best crypto trading bots, strategic trading tools, and environment. Further, these cryptocurrency trading bots provide essential security as well as modulation. 

Unlike most crypto-trading softwares, the bot exchanger helps the traders with various things such as 24×7 trading, automatic trading, well-maintained regularity, high inference, and subtle implementation. Moreover, the best thing that investors can choose is to use the bot exchanger for a smooth trading experience and advance many trading types of equipment. Also, BOXtradEX lets their investors know how those trading bots work before they start using them. Thus, BOXtradEX is an institute that will stay long-term with the investors and would not entice traders with their dicey merchandise.

BOXtradEX Review: Fees

BOXtradEX tends to provide a pretty appropriate fee structure for traders. Apart from the low fees, it includes zero fees for the trading bot, zero deposit fee, maker fees at just 0.05%, and taker fees at 0.1%. With trading fees so less, it is an excellent opportunity for investors to earn more with the help of trading bots. In addition to this, withdrawal fees are imposed on trading. Later, that amount is systematically balanced concerning the situation on each trade for some discrete cryptocurrencies with the lowest withdrawal demand. Furthermore, you can have a better understanding of fees at BOXTradEx by using the table below:

Use referral code T4CyBOP0 to get a discount on fees.

BOXtradEX Review: Fees
BOXtradEX Review: Fees

Referral Program

BOXtradEX offers a fee rebate system that grants a referral program for traders to gain additional rewards when they share this referral code with their friends and family. Presently, BOXtradEX offers the highest rebate rate of around 30% on a genuine invitation to the inviter. Moreover, BOXtradEX is proved to have minimal trading fees that make it affordable for everyone.

Fees at BOXtradEX
Fees at BOXtradEX

Multi liquidity Connections

Usually, liquidity and trading system crashes are the two most crucial issues the traders face when they use bot exchangers and trade bots. BOXtradEX has come to your rescue by focussing on clearing up those matters by assembling collective liquidity-accomodating mediums. Setting up a self-generated liquidity pool correlating with outside liquidity suppliers; this procedure helps investors with superior trading understanding for crypto trading bots to compare with liquidity aggregators. 

Talking about multi-liquidity connections, the prime objective here is that BOXtradEX is helpful with the prevention of any third-party risks when the market goes through any significant fickleness. Such a thing took place in May 2017, when the market crashed heavily, and many bot exchangers faced massive failures. 

Considering this incident, BOXtradEX can be known as one of the best crypto-trading platforms that offer multi-liquidity pool connections that can directly terminate the third-party risk when the market swings to a great extent. 

Grid Trading Bots

Grid trading bots are nothing but a famous investment mechanism that emphasizes the market inconstancy in place of market trends. It does not depend on how much the next price variation will be because the grid bots automatically profit from the highs and lows of the market prices. But how to use these grid trading bots

Most of the Grid Trading strategy is intended to profits from bullish swing trade. So Grid Trading bot creates orders proportionally based on buy low and sell high, as long as the market price is within the price range you set. Besides, when the market price reaches the pre-set grid level, the buy or sell orders will be executed repeatedly. The size of the Initial position depends on the price range and grid quantity. The closer the initial opening price to the price lower limit, the smaller the amount of capital used to place the buy order and the larger the initial position, and vice versa.

How to use the BOXTradEx Grid Trading Bot?

  1. At the beginning of using a Grid Trading bot, you need to have a BOXTradEx App on your phone.
  2. After downloading the app, you need to register in your account or log in.
  3. You can see the deposit function on the Home page and Asset page. First, choose the desirable cryptocurrency to deposit in your BOXTradEx account and make sure everything is correct. By the way, USDT is always suitable for using the Grid Trading bot.
  4. On the Exchange page, you can start the Grid Trading bot by selecting your favourite trading pair. As the figures exhibit, there have several trading parameters you need to set up, like price limit, grid quantity and grid mode.
  5. Grid Trading strategy reveals more profitability in swing market condition, choose good target trading pair can result in better performance. Therefore, you can observe or select which trading pair is most competitive. Generally, the best target is that market price consolidates between highs and lows for an extended period.
  6. You have to enter the upper and lower limit and the number of grids you wish to trade. 
  7. Next, the transaction receipt will be on display, and you can check the trading details by clicking the grid order in the open order area.
Grid Trading
Grid Trading

Is BOXtradEX safe?

The creation of BOXtradEX is upon high-level security and legal authorization. With the association with a well-known institution such as BitGo, BOXtradEX has first-class security and storage technology used in hot and cold wallets to protect the assets stored in the exchange. Besides, the investor’s funds are kept in segregated accounts that value up to $100 million in insurance. 

BOXtradEX has strictly applied AML and KYC procedures for regulatory purposes. Also, investors will have to enable many secondary security systems such as the 2FA (two-factor authentication), email and phone verification, and even basic notifications and confirmations. 

In recent times, BOXtradEX and BOCT have signed up a strategic agreement to cooperate in cross-currency settlement with the help of tokens or digital funds. This partnership has the potential to create great value-added benefits to BOXTradEx users, especially with the option for fiat-to-crypto currency transaction settlement subject to rates.  Furthermore, BOXTradEx has established a Fiat On-Ramp platform that enables users in Southeast Asia countries, like Vietnam and Indonesia, to deposit fiat money from their bank account in return for digital assets, such as BOCT, BTC, Ethereum and USDT, etc.

Use referral code T4CyBOP0 to get a discount on fees.

BOXTradEx Review: Conclusion

Considering all the features that have been mentioned above, it turns out that BOXtradEX is one of the best crypto-trading softwares that provide hassle-free services to investors. BOXtradEX has every function that the best cryptocurrency trading softwares pursue. This bot exchanger persists excellent security to the traders’ data and enables a safeguard environment for users to trade. Furthermore, the grid trading bot is an advanced characteristic that proves beneficial for many traders who are tired of liquidity crashes. 

Frequently Asked Questions

How to view the transaction process?

Block Confirmation Speed and times are the main focus if you are suspicious of transaction times. Therefore, it is advised you use these block explorers to search for block information.
BTC, BCH, ETH, TRX, EOS, USDT(ERC-20 version), USDT (TRC-20 version), USDT(OMNI version)

How to withdraw cryptocurrency?

1. First, sign in, and click “Balances.”
2. To withdraw cryptocurrency, click “Withdraw”.
3. Select the corresponding type of cryptocurrency and input the amount. Withdrawals will produce a corresponding fee (here, you can also add a note for why you are conducting a withdrawal).
4. On the “Balances” page, you can see recent records for adding funds and confirmation status in real-time.
5. The selected cryptocurrency will take some time to reach the designated wallet. Once successful, your cryptocurrency will arrive at either the exchange wallet or personal wallet that you designated.

What is the difference between limit trading and market trading?

Limit trading: Buy and sell orders at specified prices and quantities. The specified price or portion will be traded when it reaches the market demand. When the market is low in liquidity and the transaction price changes drastically, the limit order is not guaranteed to be matched. But it is relatively safe and will not be sold at unexpected prices.

What is the difference between limit trading and market trading?

Limit trading: Buy and sell orders at specified prices and quantities. The specified price or portion will be traded when it reaches the market demand. When the market is low in liquidity and the transaction price changes drastically, the limit order is not guaranteed to be matched. But it is relatively safe and will not be sold at unexpected prices.
Market trading: Matching transactions are conducted immediately at the current market price. Market orders may complete matching transactions at several different prices. The number of market orders and the number of existing orders in the depth of pending orders will prevail in the matchmaking transaction.

How to find the wallet address?

Enter the “Exchange Account” in the Asset Center. Then, click the deposit to view the wallet address of each currency.

How many USDTs does BOXtradEX support?

Supports three versions, namely OMNI, TRC-20, and ERC-20 versions. Consumers need to confirm the performance of USDT purchased by themselves.
When you want to add value or withdraw, please confirm which version of USDT the external wallet supports, and then click on the corresponding version of the wallet address to add value or start.

How to apply for a name change?

If the user wants to apply for the change of personal information, they must provide the following information:
1. “Front and back of ID card.”
2. “Transcript of personal household registration.”
3. A face photo with handwritten “BOXTradEx personal information change + date of the day + name.”
4. Please take a picture of the above information and then submit the request through the upper right corner. The title must be【BOXTradEx Member Personal Information Change】.

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