Grid Bot Trading | Bybit Launches Grid Trading

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2022-09-14 03:17:55

Bybit One of the fastest growing cryptocurrency exchanges in the world, has just launched a grid trading bot.

Bybit’s new grid trading feature is ready to go live to registered users on June 20. Bybit users will be able to use the Bybit Earn grid trading bot to automate buy and sell orders and control lever adjustment.

By executing buy-low-sell-high orders during times of extensive price volatility, the system ensures a profit whenever the ask price exceeds the bid price, thus eliminating the need for market forecasting. Grid trading, based on the principle of buying low and selling high for the spread, is considered the most suitable and effective for volatile markets.

Net Trading Improvements With World’s Leading Liquidity And Reputation

Bybit has proven its position as the most stable, reliable, and usable cryptocurrency exchange in the bull market, offering the best liquidity. Unique among major exchanges, Bybit is capable of operating 99.99% throughout the year without overload or downtime.

Liquidity is considered the most important attribute in asset exchange. Bybit’s Derivatives trading platform has the world’s lowest spreads and best liquidity. Investors are guaranteed the best price and order execution even in extremely volatile markets.

Bybit’s retail-focused products and customer support services will “loosen” the barriers to participating in cryptocurrency trading for many users around the world, allowing customers to enjoy the experience. Uninterrupted cryptocurrency transactions.

Ben Zhou“Grid trading has been around for quite some time, being a proven and profitable trading method, especially for a vibrant market like crypto,” said Bybit, co-founder and CEO. “In Bybit, we are always looking for products and services that offer the opportunity to help users profit from new digital assets easily and with confidence. We believe that Bybit users will take it when grid trading is launched.”

About Bybit

Bybit is a cryptocurrency exchange founded in March 2018, providing a professional platform where crypto traders can find an extremely fast execution engine, excellent customer service great and multilingual community support. Bybit provides groundbreaking spot and derivatives trading services, mining and staking products, NFT marketplace and API support to retail traders and institutional customers around the world, and is committed to strives to become the most trusted platform in the emerging virtual asset segment. Bybit is proud to be a partner of Formula 1 (F1) team, Oracle Red Bull Racing, eSports teams NAVI, Astralis, Alliance, and Oracle Red Bull Racing Esports, and football teams of association Borussia Dortmund and Avispa Fukuoka.

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