Reverse GRID Bot is a system that works with a reverse Grid strategy. The developers share a few explanations about features, settings, details, and other intel. We have decided to take a closer look at it.
About Reverse GRID Bot
This robot allows us to perform a reverse Grid strategy when the market is about to turn around. We need to have a proper level of margin to keep the trading going.
Reverse GRID Bot: how does it work?
The robot has some details about its features explained. We checked them out and systemized the following list.
- The system can increase the number of tokens held by the bot and reduces the cost of holding the bot.
- We will have SP and TP levels on all our open orders.
- The system has to work with low slippages.
- It can create a Grid of orders in several ways.
- The system trades the ETH/USDT pair.
- It’s possible to create a bot based on a strategy with our own parameters.
- The profits will be nominated in the USDT currency.
- When the market reaches SL or TP levels, it uses USDT to buy all ETH tokens.
How to set up Reverse GRID Bot?
We have to register on the Pionex website. Then, we should customize the robot according to our needs. The system has to work under our API keys to have access for placing orders.
Key takeaways
- Automatic trading solution.
- It calculates SL and TP levels.
- The reverse Grid strategy is based on a basic currency for every pair traded to calculate how much we can obtain if we decide to close all orders.
- The Pionex trading platform provides all market conditions for this to happen.
- The advisor created a tunnel between upper and lower prices.
- Settings can be easily customized.
User interface
The system has a welcome user interface.
Trading strategy behind Reverse GRID Bot
The core strategy is Grid of orders. It places several orders to make more profits from high volatility. Also, it requires much more margin than standard trading.
How profitable is Reverse GRID Bot?
This information is not available for us. We should start from an account with a low deposit to give it a safe try.
Safety and security of Reverse GRID Bot
The system will work with API keys. This means that it can trade for us, but it’s not allowed to withdraw an account.
Customer support
We can get support from the developers via Telegram, Discord, and Facebook.
Reputation
The developers have a good reputation among other cryptobot developers. We have many positive reviews written about the system and people’s trading experience with it.
Reverse GRID Bot reviews
Pionex has a personal profile on Trustpilot. We can find 277 reviews with a 4.2 rate there.
Pionex has received many positive testimonials about their portfolio. So, we can expect that this robot works well either.
Team members
The advisor was released in June 2020 by Pionex. Larry Toh is a Pionex Chief Compliance Officer. Unfortunately, there is no info about the other team members.
Reverse GRID Bot exchanges list
It is possible to work on Pionex exchange.
Reverse GRID Bot pricing: is it worth your money?
Yes, because this system is completely free. You can get started with it here and now.
Reverse GRID Bot review: upsides and downsides
| Upsides | Downsides |
| A real exchange is a developer of the robot | No risk advice given |
| We can get started with this solution for free | No trading results shown |
| Strategy details explained | |
| Many positive reviews written |
Reverse GRID Bot review: can be a good option to try
Reverse GRID Bot is a robot that works with a client’s crypto portfolio on the real market. The developers are the Pionex exchange that allows us to use it for free. It’s a huge pro because we can get started absolutely safely with it.
