Bybit, one of the world’s fastest-growing cryptocurrency exchanges, has just launched its online trading bot.
Bybit’s new grid trading feature is ready to launch to registered users on June 20. Users can use Earn grid trading bot to automate buy and sell orders and leverage adjustments.
Through executing low buy and high sell orders during extended price movements, the system ensures profit every time the selling price exceeds the buying price, thus eliminating the need to forecast the market. Grid bot trading is based on the principles of trading low and selling higher prices for spreads, which are considered the most appropriate and effective for markets with frequent price movements.
The exchange has shown its position as a stable cryptocurrency exchange and is reliable to use in the bull market, offering the best liquidity. Unique among meaningful exchanges, this exchange can operate 99.99% throughout the year without overload or shutdown.
Liquidity is the most crucial attribute for you in the exchange of assets. Bybit’s Derivatives trading platform has the lowest spreads and the best liquidity in the world. Investors are guaranteed the best prices and execution even in a highly volatile market.
Bybit’s retail-focused products and customer support will “loosen” the barriers to cryptocurrency trading for users worldwide, allowing customers to enjoy an uninterrupted cryptocurrency trading experience.
“Grid trading, which has been around for quite some time, is a proven and profitable method of trading, especially for markets as buoyant as crypto,” said Ben Zhou, co-founder, and CEO of Bybit. “At Bybit, we’re always looking for products and services that offer opportunities to help users profit from new digital assets with ease and confidence. We believe Bybit’s users will be picked up when the grid transaction is launched “.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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