• Contact Us
  • About Us
Saturday, June 21, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Business

Bybit Launches New Futures Grid Bot

metro by metro
November 7, 2022
in Business, English News Releases, Technology, Uncategorized
0
0
SHARES
0
VIEWS

Crypto Leader Expands Automated Functions to Improve Accessibility to Futures Trading 

VICTORIA, Seychelles, 07 November 2022 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange, today launched a new trading bot focused on crypto’s multi-billion dollar futures market. The announcement marks the latest step in Bybit’s journey to democratize financial services and provide automation and AI for customers to maximize their time and investment while trading.

Read Also

Business AI, cloud star at SAP Innovation Day in Kenya

African Sports Leaders Celebrated at Champs for Change and We Will Lead Africa Book Launch in Johannesburg

Bill Gates, Bosun Tijani, Ribadu, Others For FIN-Web Conference On AI, Cybersecurity, Tech Innovation At Silicon Valley

Designed to help reduce the risk and price volatility that can sometimes accompany futures trading, the Bybit Futures Grid Bot provides a safer and more assured operating environment for those seeking to experience and learn about futures.

Bots automates buy and sell orders when the price reaches preset prices. Bybit’s Futures Grid Bot sells futures contracts when the price is above entry and buys when below. By automatically buying low and selling higher, users profit from price volatility without the need to actively manage their positions. AI also allows preset parameters based on short/long/neutral positions.

Initially introduced with core functionality, Futures Grid Bot is designed to get users comfortable with how it works and how to use it. Phase two will then see more advanced and sophisticated features rolled out to accommodate the increased confidence levels and needs of advanced traders.

Using Futures Grid Bot, traders can use leverage, a core aspect of futures trading, to trade greater volume while benefiting from the Bot’s automated features for greater reassurance and reduced downside risk. It also utilizes Bybit’s industry leading liquidity depth, which can help reduce slippage, and is designed specifically for high performing traders seeking smarter and more perceptive trading through automation.

“Our Futures Grid Bot is part of our continuous efforts to simplify trading for our customers and accelerate the use of automation and AI,” said Bill Xing, head of financial products at Bybit, “Futures Grid Bot is a core element of our ongoing mission to level the playing field and democratize financial services, and is a perfect example of our trademark philosophy – innovation through iteration.”

The Futures Grid Bot is the latest in a series of automated resources from Bybit, and follows the success of its Spot Grid Bot and DCA Bot launched earlier this year. Automation and AI, are key elements of Bybit’s larger plans to disrupt the status quo and allow easy, affordable, and assured access to sophisticated trading environments for everyone. 

Bybit operates one of the industry’s most reliable, high-precision trading systems. It features a robust and resilient 100,000 TPS matching engine, designed to withstand any size, volume, or spike of crypto market activity, while the derivatives platform employs real-time market data using multiple pricing metrics to protect users against market manipulation. Bybit is also widely acknowledged to command one of the highest liquidity levels in the industry. 

As with all its products, Bybit provides extensive training and educational resources as well as the risks and rewards of trading with leverage and actively encourages users to learn best practices before using advanced trading techniques. 

Distributed by African Media Agency (AMA) on behalf of Bybit.

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR), City Esports, and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

For more information please visit: https://www.bybit.com

For updates, please follow Bybit’s social media platforms on 

https://discord.com/invite/bybit

https://www.facebook.com/Bybit

https://www.instagram.com/bybit_official/

https://www.linkedin.com/company/bybitexchange/

https://www.reddit.com/r/Bybit/

https://t.me/BybitEnglish

https://www.tiktok.com/@bybit_official

https://twitter.com/Bybit_Official

https://www.youtube.com/c/Bybit

For media enquiries, please contact: press@bybit.com

The post <strong>Bybit Launches New Futures Grid Bot</strong> appeared first on African Media Agency.

Source : African Media Agency (AMA)

Tags: BusinessEnglish News ReleasesTechnology
Previous Post

Tia Lee Deletes All Instagram Photos, 

Next Post

Gates Foundation Calls for Bold and Immediate Action at COP27, Announces New Commitment to Meet the Climate Adaptation Needs of Smallholder Farmers

Related Posts

Business

Business AI, cloud star at SAP Innovation Day in Kenya

June 20, 2025
English News Releases

African Sports Leaders Celebrated at Champs for Change and We Will Lead Africa Book Launch in Johannesburg

June 20, 2025
Bill Gates, Bosun Tijani, Ribadu, Others For FIN-Web Conference On AI, Cybersecurity, Tech Innovation At Silicon Valley
Technology

Bill Gates, Bosun Tijani, Ribadu, Others For FIN-Web Conference On AI, Cybersecurity, Tech Innovation At Silicon Valley

June 20, 2025
Business

Angola to Host ATIDI’s 25th Annual General Meeting as Africa’s Multilateral Insurer Marks 25 years of Impact

June 18, 2025
Next Post

Gates Foundation Calls for Bold and Immediate Action at COP27, Announces New Commitment to Meet the Climate Adaptation Needs of Smallholder Farmers

Business AI, cloud star at SAP Innovation Day in Kenya

June 20, 2025

African Sports Leaders Celebrated at Champs for Change and We Will Lead Africa Book Launch in Johannesburg

June 20, 2025
CBN’s Orthodox Policy Engenders Exploitation, Competition As Banks Rush To Meet Forbearance Deadline 

CBN’s Orthodox Policy Engenders Exploitation, Competition As Banks Rush To Meet Forbearance Deadline 

June 20, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version