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Based on the Reverse Grid Bot, the Leveraged Reverse Grid Bot multiplies the invested assets by leverage and consequently amplifies profits. Hence, the Leveraged Reverse Grid can be understood as a combination of leverage, including 1.2x, 1.5x, 2x and 3x, plus Reverse Grid Bot, which works as “Sell first, Buy later”.
We can give an example for a deeper understanding.
If you have 1 BTC and think that the Bear Market is coming, then you decide to use the Leveraged Reverse Grid with 2x leverage. In this case you only need to put 1 BTC into the Bot, and the Pionex will loan another 1 BTC for you.
Thus only 1 BTC was actually invested, but profit of the bot is generated from 2 BTC, in other words, the grid profit was doubled.
How to use Leveraged Reverse Grid Bot on Pionex?
1. Select trading pair and tap Leveraged Reverse Grid.
2. Set the lower limit and upper limit for price range, how many grids(2–99), and choose Arithmetic/Geometric grid spacing type.
3. Choose the leverage you want, 1.2×, 1.5×, 2× and 3x are available.
4. Fill the amount of your investment, and it will be calculated automatically that how many funds you can use with leverage to start the bot (your funds +borrowed funds).
Your profits can be calculated by the parameters you set above and the “Current daily interest”. The daily interest is flexible, determined by the supply-demand and will be updated every hour.
In addition, you should also pay attention to the “Estimated liquidation price” to avoid risks.
Example with BTC/USDT Leveraged Reverse Grid
Set the BTC/USDT pair with the price range of 7,000–10,000 USDT, 50 grids, and Arithmetic. So you will invest 1 BTC with 3x leverage, and then the bot will be running with total 3 BTC investment (Own 1 BTC + Borrow 2 BTC) .
When the BTC price fluctuates between 7,000 and 10,000 USDT, you can get triple grid profit.