CHAINWIRE Bybit Unveils Copy Trading Upgrade, Empowering Users with Automated Trading Capabilities

Transparency directive : regulatory news

03/07/2023 12:00

Chainwire
Bybit Unveils Copy Trading Upgrade, Empowering Users with Automated Trading Capabilities

03-Jul-2023 / 11:00 GMT/BST
The issuer is solely responsible for the content of this announcement.

DUBAI, United Arab Emirates, July 3, 2023 — Bybit, the world’s third most visited crypto exchange, has upgraded its Copy Trading product to bring users next-level opportunities with automated trading. By integrating the main derivatives terminal into Bybit’s Copy Trading platform, traders can now access a full suite of features and third-party tools for managing their portfolios.

The integration means that orders will appear on the derivatives terminal eliminating the need for a separate Copy Trading tab and making it easier for trades to be copied by the account’s Followers. With V3/V5 USDT Perpetual OpenAPI now supported, Master Traders can execute automated strategies more efficiently than ever before.

Now, over 18,000 Master Traders on Bybit can now link their Bybit Subaccounts to third-party trading tools such as 3Commas, Insilico Terminal, and more via API. These integrations offer advanced features like Conditional Orders, Trailing Stop, and TWAP (Time Weighted Average Price), which weren't available in previous versions of Bybit's Copy Trading platform.

Bybit’s automated system ensures trades are executed at optimal prices, minimizing costs and eliminating human error. The new Copy Trading features 24/7 trade execution, allowing users to capitalize on opportunities without constant monitoring. Furthermore, Copy Trading on Bybit now allows for multiple trades, enhancing efficiency and maximizing trading potential.

“We are delighted to announce this major upgrade to our Copy Trade feature as we continue to lead the way in copy trading technology — evolving and improving based on our traders' needs,” said Ben Zhou, co-founder and CEO of Bybit. “With the integration of the main trading terminal into our Copy Trade feature and support for automated strategies via API integrations, we have made it much easier for users to manage their portfolios and enhance their profits while mitigating risks.”

More From Bybit
A Guide to Automated Trading Strategies in Bybit Copy Trading
How to Get Started With Bybit Copy Trading
Bybit Smart Copy Mode

About Bybit

Bybit is a cryptocurrency exchange established in 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’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.

For media inquiries, please contact: press@bybit.com
For more information please visit: https://www.bybit.com/
For updates, please follow: Bybit's Communities and Social Media

Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

End of Announcement - EQS News Service

1671217 03-Jul-2023

CHAINWIRE's latest news

03/10/2023 07:55

CHAINWIRE Bybit Unveils Copy Trading Upgrade, Empowering Users with Automated Trading Capabilities

Transparency directive : regulatory news

CHAINWIRE's latest news

Other stories