BitMEX launches Automated Buying and selling Bots for Easy Crypto Trades

Mahe, Seychelles, October tenth, 2024, Chainwire

BitMEX, the world’s main crypto derivatives change, has introduced the launch of its new automated buying and selling instrument, Buying and selling Bots. This highly effective function is designed to supply easy automation based mostly on predefined methods or reactions to alerts, offering a seamless technique to commerce 24/7 within the fast-moving crypto markets with out the necessity for coding expertise.

To mark the launch of Buying and selling Bots, BitMEX launched its ‘Buying and selling Bot Problem’ marketing campaign that includes 22,000 USDT value of rewards for brand new and present merchants. Participation for the marketing campaign begins on 14 October at 04:00 UTC and ends on 13 November at 23:59 UTC. For extra info on begin utilizing Bots on BitMEX, customers can go to this web page.

BitMEX affords two tiers of buying and selling bots to cater to merchants of various backgrounds:

• Fundamental Bots: Best for rookies, this function permits customers to begin automated buying and selling with only a few clicks.
• Superior Bots: Designed for extra skilled merchants, this function supplies a variety of configuration choices, together with collection of time intervals, indicators (reminiscent of RSI), and extra detailed parameters.

Every bot is totally customisable, permitting merchants to set their most popular place sizes, time intervals, and different commerce situations. The platform hosts over 200 bots masking a wide selection of crypto contracts, guaranteeing that customers have entry to a various vary of buying and selling methods tailor-made to totally different market situations.

Stephan Lutz, CEO of BitMEX stated, “The introduction of Buying and selling Bots on BitMEX marks an thrilling step ahead on the intersection of cryptocurrency and AI-driven know-how. For practically a decade, we’ve geared up our customers with superior instruments to boost their buying and selling expertise, and as we have a good time our tenth 12 months within the business, I’m excited to see extra modern know-how changing into a key a part of that legacy. The BitMEX buying and selling bot function permits sooner, data-driven decision-making – a bonus that even newbie merchants can profit from. By integrating these instruments, we’re guaranteeing that our customers, no matter expertise, have all the pieces they should navigate the complexities of the crypto markets.”

To get began, customers can head to the Bots tab on the navigation bar, choose their bot of selection, and arrange their buying and selling bot’s parameters. As soon as configured, the bot will mechanically execute trades based mostly on the consumer’s market view. Merchants can simply modify or cease their bots at any time, offering flexibility in altering market situations.

About BitMEX

BitMEX is the main crypto derivatives change, offering skilled crypto merchants with a platform that caters to their wants with low latency, deep liquidity and unmatched reliability.

Since our founding, no cryptocurrency has been misplaced by intrusion or hacking, permitting BitMEX customers to commerce safely within the information that their funds are safe. So too that they’ve entry to the merchandise and instruments they require to be worthwhile.

BitMEX was additionally one of many first exchanges to publish their on-chain Proof of Reserves and Proof of Liabilities information. The change continues to publish this information twice every week – proving assurance that they safely retailer and segregate the funds they’re entrusted with.

For extra info on BitMEX, please go to the BitMEX Weblog or www.bitmex.com, and comply with Discord, Telegram and Twitter.

ContactBitMEX PressBitMEXpress@bitmex.com

This text was initially revealed on Chainwire