Bybit Introduces Copy Trading Upgrade With New Features for Traders
- Bybit enhances the Copy Trading platform with automated trading.
- Over 18,000 Master Traders can integrate Bybit Subaccounts with third-party tools.
Bybit, the cryptocurrency exchange, has upgraded its copy trading feature to offer users advanced opportunities through automated trading. Copy trading is a strategy where inexperienced or busy traders replicate the trades or investment strategies of experienced traders. Through a dedicated platform offered by a brokerage or social trading network, these individuals can automatically copy the trades executed by professionals in real-time.
With the integration of the main derivatives terminal into the Copy Trading platform, Bybit has equipped users with a complete range of features and third-party tools. That enabling efficient portfolio management. This integration simplifies the trading process by eliminating the requirement for a separate tab. Enhancing the ability of account Followers to replicate trades.
The upgrade’s notable feature is the incorporation of support for V3/V5 USDT Perpetual OpenAPI, facilitating Master Traders in executing automated strategies with remarkable efficiency. This integration empowers traders with expanded profit possibilities and advanced risk management techniques.
Bybit has enabled over 18,000 Master Traders to connect their Bybit Subaccounts to third-party trading tools like 3Commas, Insilico Terminal, and others through API integration. By incorporating these integrations, Bybit’s copy trading platform now offers users advanced functionalities. That are conditional orders, trailing stop, and TWAP (Time Weighted Average Price), which were absent in previous versions.
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Read more: https://thenewscrypto.com/bybit-introduces-copy-trading-upgrade-with-new-features-for-traders/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
