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    HomeFinanceBitMEX Launches Automated Buying and selling Bots for Easy Crypto Buying and...

    BitMEX Launches Automated Buying and selling Bots for Easy Crypto Buying and selling

    Mahé, Seychelles, October 10, 2024, Chainwire

    BitMEX, the world's main crypto derivatives change, introduced the launch of its new automated buying and selling device, Commerce Bots. This highly effective characteristic is designed to supply easy automation based mostly on predefined methods or reactions to alerts, offering a seamless method to commerce 24/7 within the fast-moving crypto markets with out the necessity for a 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 rewards worth for brand new and present retailers. Participation within the marketing campaign begins on October 14 at 04:00 UTC and ends on November 13 at 23:59 UTC. For extra info on learn how to begin utilizing bots on BitMEX, customers can go to this web page.

    BitMEX gives two tiers of buying and selling robots to fulfill the wants of merchants from totally different backgrounds:

    • Fundamental bots: Very best for newcomers, this characteristic permits customers to start out automated buying and selling with only a few clicks.
    • Superior bots: Designed for extra skilled merchants, this characteristic gives a variety of configuration choices, together with collection of time frames, indicators (comparable to RSI), and extra detailed settings.
    See also  Cointelegraph Markets Professional offers buying and selling alerts good for 65% positive aspects in uneven market

    Every bot is totally customizable, permitting merchants to set their most popular place sizes, time frames and different buying and selling circumstances. The platform hosts over 200 bots overlaying a variety of crypto contracts, guaranteeing that customers have entry to a variety of buying and selling methods suited to totally different market circumstances.

    Stephan Lutz, CEO of BitMEX, mentioned: “The introduction of Buying and selling Bots on BitMEX marks an thrilling development on the intersection of cryptocurrency and AI-driven expertise. For practically a decade, now we have 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 revolutionary expertise change into a key a part of this legacy. The BitMEX buying and selling robotic performance permits for sooner, data-driven choice making – a bonus that even novice merchants can profit from. By integrating these instruments, we make sure that our customers, no matter expertise, have all the pieces they should navigate the complexities of the crypto markets.

    To get began, customers can navigate to the Bots tab within the navigation bar, choose the bot of their alternative, and configure their buying and selling bot settings. As soon as configured, the bot will mechanically execute trades based mostly on the consumer's market view. Merchants can simply alter or cease their robots at any time, offering flexibility within the face of fixing market circumstances.

    See also  It is time for the SEC to settle with Coinbase and Ripple

    About BitMEX

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

    Since our inception, no cryptocurrency has been misplaced to intrusion or hacking, permitting BitMEX customers to commerce securely understanding their funds are protected. The identical goes for them getting access to the merchandise and instruments they should be worthwhile.

    BitMEX was additionally one of many first exchanges to launch its on-chain Proof of Reserves and Proof of Liabilities information. The change continues to publish this information twice every week, demonstrating assurance that it securely shops and segregates the funds entrusted to it.

    For extra details about 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 printed on Chainwire

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