BitMEX launches Automated Trading Bots for Effortless 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 software, Buying and selling Bots. This highly effective function is designed to supply easy automation primarily based on predefined methods or reactions to alerts, offering a seamless strategy 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 price of rewards for brand new and current 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 data on methods to begin utilizing Bots on BitMEX, customers can go to this page.
BitMEX affords two tiers of buying and selling bots to cater to merchants of various backgrounds:
- Primary Bots: Ideally suited for inexperienced persons, this function permits customers to start out automated buying and selling with only a few clicks.
- Superior Bots: Designed for extra skilled merchants, this function offers a variety of configuration choices, together with collection of time intervals, indicators (resembling RSI), and extra detailed parameters.
Every bot is totally customisable, permitting merchants to set their most well-liked place sizes, time intervals, and different commerce circumstances. The platform hosts over 200 bots overlaying 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 circumstances.
Stephan Lutz, CEO of BitMEX mentioned, “The introduction of Buying and selling Bots on BitMEX marks an thrilling step ahead on the intersection of cryptocurrency and AI-driven expertise. For practically a decade, we’ve geared up our customers with superior instruments to boost their buying and selling expertise, and as we rejoice our tenth 12 months within the business, I’m excited to see extra progressive expertise changing into a key a part of that legacy. The BitMEX buying and selling bot function allows quicker, 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 primarily based on the consumer’s market view. Merchants can simply regulate or cease their bots at any time, offering flexibility in altering market circumstances.
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 per week – proving assurance that they safely retailer and segregate the funds they’re entrusted with.
For extra data on BitMEX, please go to the BitMEX Blog or www.bitmex.com, and observe Discord, Telegram and Twitter.
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