Mophlin grid trading - USD-based and currency-based

Let's introduce Morphlin USD-based grid trading and currency-based grid trading.

What is U-based grid trading?

In grid trading, the USD-based is quoted and settled in USDT, BUSD or USDC, which can effectively calculate the income. 

When you use it without leverage, you don’t need to worry about the rise and fall of the cryptocurrency used as margin, which will lead to insufficient margin and forced liquidation. 

At the same time, significant gains can be made from small fluctuations in price. 

The USD-based is for anyone who wants to get in and out of the market quickly, taking advantage of the potential opportunities they find. 

Settling in stablecoins makes the USD-based more intuitive as it makes it easier to calculate profit and loss. 

Can USD-based grid trading be used with leverage?

Yes, USD-based trading can be used with leverage, and Morphlin supports spot leverage and contract USD-based grid trading. The use of leverage can significantly improve the performance of grid trading and the utilization rate of funds.

When is the USD-based grid trading suitable for use? 

No matter what direction the market goes, traders can profit through USD-based grid trading because they only need to hold stablecoins as collateral. 

Therefore, traders can go long or short while maintaining the same buying power. 

This flexibility is very important in a market with huge fluctuations, because the USD-based can hedge against the risk of large price fluctuations.

What is currency-based grid trading?

In the grid trading, the currency-based is settled by representing the underlying cryptocurrency, which provides another choice for the market. 

And because all profits and losses are settled in the underlying crypto or currency, it is very beneficial in an uptrend.

Traders can not only profit from their trades, but also as the price rises. The value of past profits will continue to increase. Currency-based grid trading are a great way to grow your cryptocurrency holdings in the long run.

Can currency-based grid trading be used with leverage?

Yes, currency-based grid trading can be used with leverage, and Morphlin supports spot on currency-based grid trading. 

Since the currency-based itself is already leveraged, users are requested to pay special attention to the increased leverage ratio.

What are the scenarios where the currency-based grid trading is suitable for use? 

The currency-based grid trading is suitable for use when the market is relatively sluggish. 

Currency-based grid trading in a relatively downturn can make the income of the grid trading continuously increase the amount of coins held. making it more favorable in an uptrend. 

Not only do traders profit from their profitable trades, but as the price rises, so does the value of their collateral. Currency-based contracts are a great way to grow your cryptocurrency holdings in the long-term.

Notice

If you want to conduct currency-based grid trading in contracts, please note that the exchange you use requires a currency-based contract market. 

The spot market can support both the currency-based grid trading and the USD-based grid trading.