Comprehensive Trading

βœ…LumeX Trading Mechanism: A 3-Step Guide It’s like participating in a fair crypto asset auctionβ€”highest bid wins, and the price difference is your profit!

🎯Step 1: Set the Trading Floor Price Seller Listing: You want to sell Bitcoin at no less than 1 BTC = $28,000. This is your floor price protection.

System Commitment: All bids must be higher than $28,000 to ensure your asset is not sold for a low price.

🎯Step 2: Time-Limited Bidding Bidding Rules: Within 24 hours, buyers compete for the best offer, for example:

  • Buyer A bids $28,200

  • Buyer B bids $28,500

  • Buyer C bids $28,800

βœ…Transaction Principle: At the cutoff time, the highest bidder (Buyer C) automatically wins the purchase.

🎯Step 3: Smart Pricing Trading Price Calculation: The final transaction price isn’t simply the highest bid but rather the average of several points in the last 5 minutes before the cutoff. ⏱️

βœ…Double Protection:

  • Seller Gains: Final price of $28,600 > Floor price of $28,000 .

  • Buyer Peace of Mind: Avoid overpaying due to sudden price fluctuations .

πŸš€ An algorithm is an automated trading execution method based on programmatic trading signals, where trading signals are generated by the LumeX strategy and executed automatically.

πŸ’°During the trading process, the execution algorithm splits the parent order (e.g., 50 BTC) into multiple child orders (e.g., 5000 child orders) and places these child orders onto the order book of secondary markets (cryptocurrency exchanges) according to predefined logic and parametric rules (such as time, quantity, price, and volume).

🀝Through LumeX's reservation mechanism, multiple people are allowed to share the same OTC order and earn trading rewards.

Earn commission rewards upon completion!

Last updated