ProBit Global: An exchange at the heart of the market, but not only!

Grid trading allows users to place multiple buy and sell orders for a trading pair on the order book. When the price of the token drops, buy orders are processed. When the price of the token increases, sell orders are processed. This way a grid trader would automatically buy low and sell high.

Why Grid Trade on ProBit Exchange?

Probit Grid trading allows users to be order book market makers. Grid trading can be profitable for tokens that bounce between a certain price range. Tokens whose prices fall within a certain price range and have high volatility (such as leveraged tokens) will work better because grid traders will have more opportunities to buy low and sell high.

The program allows automatic grid trading and ease of use in calculating yields and expected returns.

How to use Bituniverse Grid Trading with ProBit Exchange?

Step 1: Register on ProBit Exchange and create an API

Register on ProBit, click on your account and click on My page -> API management -> Give the API key a name to create an API > Enter Google Authentication Code / SMS Authentication Code > Confirmation email sent >

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* Make sure to copy your API Key and Secret Key as the following picture shows!

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Step 1.5: Download the BitUniverse Pro app

Users can now trade via the grid using the BitUniverse app here.

The BitUniverse Pro app is free on Google Play Store, free on iOS Test Flight, and paid for iOS.

*iOS users should download the Test-Flight version as shown below. Android users can download directly from Play Store.

Go to the website of BitUniverse and click on Test Flight version. If you haven’t downloaded and authorized Test Flight on your device, you must. Once you have done that, this screenshot will appear for you to download Bituniverse Pro Test Flight Edition.

Step 2: Input API on BitUniverse app

In the Bituniverse app

Download the app BitUniverse, sign up for Bituniverse first and log in. Tap on the Portfolio page, choose ProBit and tap on ProBit. Import your key and secret.

Switch to the ProBit page, take the Client ID and paste it into the Bituniverse Key field.
Take the client’s secret key and paste it into the Bituniverse secret field.

Step 3: Activate TRADING for API Key on ProBit

You will be prompted to complete 2FA verification. Please do so and make sure TRADING is enabled. It works the same for Probit Korea and Probit Global.

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Step 4: Create a grid trading bot with ProBit

In the Bituniverse app, navigate to TRADE > Select ProBit Exchange > Bot House > Grid Trading.

Then select the desired pair such as BTC/USDT. Note that you need BTC, USDT or both in your ProBit account to trade the BTC/USDT pair. This applies to any pair you choose to grid trade with.

Once you have entered the specific amount to complete the Grid trading bot setup, press “CREATE” and the bot will start.

  • Lower limit: the lowest price your grid trading bot will produce buy orders for
  • Upper limit: the highest price your grid trading bot will produce sell orders for
  • Grids: the number of orders that will be present in the grid trading bot in the lower and upper limits
  • Quantity per grid: the size of each order
  • Stop loss price: The price you can ask the bot to convert all your tokens held by this bot, back into the quote currency

*Disclaimer: Bituniverse retains full possession of your ProBit API Keys and ProBit Exchange does not endorse or be held responsible for the use of the platform and any resulting financial losses, if any. Do your own research on BitUniverse’s security features and its reputation as a company before proceeding. Bituniverse is not owned or affiliated with ProBit Exchange. The two companies are in no way related.

The above should not constitute financial advice.

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