Announcement on The Soft Launch of Grid Trading

Dear users,

ZB.com starts the soft launch of Grid Trading, and enabled trading for USDT/QC and PAX/USDT on ZB website(will soon be available on ZB App, please stay tuned). During the soft launch period, users who perform grid trading on USDT/QC and PAX/USDT will enjoy 0 transaction fee.

We will gradually support other trading pairs with the transaction fee as low as 0.05%.

Grid Trading is available on ZB Website--Exchange Trading--Grid Trading.

About Grid Trading

Grid Trading is a well-known trading strategy that allows users to make profits from the sideways as well as trending market conditions. In the volatile digital asset market, the use of grid trading can avoid erroneous trading decisions caused by human factors to a greater extent. Grid trading robots will assist users in strictly implementing the pre-set low-buy and high-sell transactions strategy.

Risk Reminder:

With its core of buy low and sell high, Grid Trading is considered to be more applicable in a sideways market. Beware that unilateral rise and fall of prices would probably bring certain asset losses to users:

1. Unilateral rise. Sell orders will be executed automatically when one asset rises sharply, and the grid strategy will be stopped when prices exceed the pre-set upper limit, it need to wait for the price to fall back to the pre-set upper limit for trading.

2. Unilateral fall. Buy orders will be executed automatically when one asset drops sharply in prices, and the grid strategy will be stopped automatically when the price drops under the pre-set lower limit, it need to wait for the price to rise to the pre-set lower limit for trading.

3. The grid strategy will be stopped automatically when the trading pair is suspended for trading or delisted by the exchange.

Thanks for your support!

ZB Global Team 

February 5, 2021

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