AI Trading Bot, Copy Trading PRO, Wallets – Safe & Easy Access to Web3
What is Bybit?
Bybit is a cryptocurrency and derivatives trading platform headquartered in Dubai. It offers several services such as AI trading bots, lending, institutional services, referral and affiliate programs, the Bybit debit card, web3 wallets, P2P market and copy trading
One of the exchange's notable features is its provision of leverage of up to 100x on certain assets, a strategy known for its high risk. To mitigate this risk, Bybit implements various safeguards such as an insurance fund, auto deleveraging, and both cross and isolated margin accounts. These measures aim to limit the potential downside of trades for users.
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Bybit boasts a selection of over 1,000 cryptocurrencies. Its user base exceeds 24 million individuals, and the exchange serves clients in 160 countries worldwide.
#Bybit Card
Bybit products, tools for earnings
Spend Crypto Instantly & Globally
Transact globally with ease using multiple cryptocurrencies in one go, directly from your Funding Account. No extra accounts or wallets required.
No Fuss, Only Benefits
Unlock the full potential of Bybit Card with zero staking requirements and multiple card tiers.
Exclusive Loyalty Rewards
Score attractive perks as you earn loyalty rewards points on purchases. Plus, redeem unique offers, exclusive rewards and more from our partners.
Lower Fees, Higher Value
No annual fees or hidden fees.
Spend Crypto Instantly & Globally
Transact globally with ease using multiple cryptocurrencies in one go, directly from your Funding Account. No extra accounts or wallets required.
#Bybit Wallets – Safe & Easy Access to Web3
Tools for earnings
#Bybit AI Trading Bot
What is Aurora AI?
Harnessing the power of AI, Aurora AI generates and recommends 18 sets of trading bot strategies.
These AI-generated intelligent parameter strategies enable users to participate in complex bot trading by simply inputting their investment amount, thereby lowering the barriers to entry for bot trading.
How Does Aurora AI Work?
The fundamental logic behind Aurora AI involves backtesting 7 days of historical market data to identify optimal strategy parameters, focusing on yield, arbitrage frequency, and other factors. These parameters are used to generate intelligent parameter strategies, including Futures Grid Bot, Futures Martingale, and Spot Grid.
Using backtesting data, the top-performing strategies are categorized as High Yield, those with the lowest drawdown are labeled as Stable, and those with the highest trading frequency are labeled as High Frequency.
Futures Martingale
Double down to offset losses | Ideal for short-term, volatile markets.
Spot Grid
Automatically buy low & sell high | Ideal for sideways markets
How to Use Aurora AI
Create your AI+ Bot in 3 simple steps.
1. Head to the Aurora AI Zone
Locate it above the leaderboards on the Trading Bot homepage.
2. Pick Your Preferred Parameters
Locate it above the leaderboards on the Trading Bot homepage.
3. Enter Your Investment Amount
Locate it above the leaderboards on the Trading Bot homepage.
#Bybit Copy Trading
What Is Crypto Copy Trading and Why Should You Try It?
Many people assume that the only way to make money in cryptocurrency is by having extensive knowledge of mathematics, finance and technology. However, the reality is that there are a lot of helpful tools available. Crypto copy trading is a type of software that can make it far easier to trade crypto. What is crypto copy trading? Explore our guide to learn what it is and how it works.
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What Is Crypto Copy Trading?
Crypto copy trading is a trading strategy that uses automation to buy and sell crypto. It lets you copy another trader's methods, so you don't need a lot of time or experience yourself.
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The whole concept of crypto copy trading revolves around the idea of identifying successful traders and mimicking their actions. Unlike regular trading, copy trading doesn't focus on identifying market trends or attempting complex trading strategies. Instead, the automated software simply looks at what another trader is doing and does the same thing. For example, if one trader spends 5% of their money on a certain coin, the copy trader's software would spend 5% of their money on the same coin.
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Copy trading is great for beginners because they don't have to fully understand the market themselves. Instead, they can use the expertise of other traders to make smart decisions. Even if you already understand the market yourself, copy trading can be a helpful tool. It's less hands-on, so using copy trading can free up some of your time. Being able to see how other traders make decisions can also help you learn about the market and create strategies that work for your needs.
How Does Crypto Copy Trading Work?
Crypto copy trading only works with the right software. It takes a little time to set up, but once you do, it runs automatically. A typical copy trade system will automatically mirror the lead trader at all times. You can set it up to invest the actual same amount as the lead trader, or you can set it up to invest a percentage of your funds equal to the lead trader's percentage.
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Though crypto copy trading doesn't require your input, you can add input if you want. You can halt any trade the software makes, and you have the option of manually closing a position before the principal trader does. Crypto copy trading isn't tied to any specific trader, so you can switch up the person you copy whenever you want.
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For crypto copy trading to work correctly, you have to actually have access to another person's trades. How do you get another trader to consent to this? Most copy trading software makes this easy. You look over a selection of principal traders and find someone with results you like. Then you use the software to automatically begin mimicking that person's trades. You get the profits from the trades, and they collect a small fee, which is usually around 5% to 10% of your profit.
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This system might sound very futuristic, but it's actually a time-honored technique. Copy trading has been around in one form or another since 2007. It's very reputable and is recognized by the Financial Conduct Authority, European Securities and Markets Authority, and other regulatory organizations. These organizations place a lot of regulations on copy trading, so as long as you use an authorized copy trading service, you can be confident it's a legitimate trading method.