Blog

January 26, 2024

Grid Trading Bot in Light Year

Light Year allows seamless integration with popular wallets like MetaMask and Universe Wallet by Velo, offering a straightforward connection to your digital assets. This integration guarantees a hassle-free experience in managing your portfolio directly from the Light Year dashboard.

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Whether your goal is to maximise your portfolio or to find optimal balance, Light Year equips you with the right tools for your trading success.

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In this article, we will focus on Grid Trading Bot, developed by Velo Labs, which is idea for those aiming to maximise profits in varying market conditions

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Grid Trading Bot is crafted for efficiency and effectiveness, featuring a sophisticated algorithm. This algorithm automatically executes buys low and sells high within a predefined range set by you.

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You can tailor your Trading Bot to match your risk appetite using the intuitive Light Year dashboard for easy adjustments.

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Key configurations available for Grid Bot on the Light Year Dashboard include:

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Choose your trading pair: Eg. BTC/USDV
Position: Long, Short or Neutral
Price Range: Setting your upper and lower bounds
Grid Levels: Set your number of grid levels within the price range
Grid Mode: Arithmetic, Geometric
API Name: Set up your name
Leverage: Specify the leverage for the grid strategy
Order Quantity: Determine the contract value for each grid order

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About Velo Labs:

Velo Labs is a global pioneer in Web3-based financial solutions, offering a cutting-edge liquidity and settlement network for secure, efficient value transfers. Backed by Stellar Network and CP Group, our reach has expanded beyond Southeast Asia and the Pacific, now serving partners worldwide. We connect and complement the gap between traditional banking infrastructure and Web3, leading the way in blockchain mass adoption. Our extensive Web3-based payment network, along with Lightnet, our licensed settlement partner, position us as a global heavyweight. Velo Labs offers a diverse range of Web3-based products, notably Orbit, tailored for individuals, merchants, corporations, and enterprises worldwide — dedicated to empowering global financial connectivity and expanding accessibility globally.

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