The Times Australia
News From Asia

.

Bybit Launches New Futures Grid Bot

Crypto Leader Expands Automated Functions to Improve Accessibility to Futures Trading

VICTORIA, SEYCLELLES - Media OutReach - 7 November 2022 - Bybit, the world's third most visited crypto exchange, today launched a new trading bot focused on crypto's multi-billion dollar futures market.

The announcement marks the latest step in Bybit's journey to democratize financial services and provide automation and AI for customers to maximize their time and investment while trading.

Designed to help reduce the risk and price volatility that can sometimes accompany futures trading, the Bybit Futures Grid Bot provides a safer and more assured operating environment for those seeking to experience and learn about futures.

Bots automates buy and sell orders when the price reaches preset prices. Bybit's Futures Grid Bot sells futures contracts when the price is above entry and buys when below. By automatically buying low and selling higher, users profit from price volatility without the need to actively manage their positions. AI also allows preset parameters based on short/long/neutral positions.

Initially introduced with core functionality, Futures Grid Bot is designed to get users comfortable with how it works and how to use it. Phase two will then see more advanced and sophisticated features rolled out to accommodate the increased confidence levels and needs of advanced traders.

Using Futures Grid Bot, traders can use leverage, a core aspect of futures trading, to trade greater volume while benefiting from the Bot's automated features for greater reassurance and reduced downside risk. It also utilizes Bybit's industry leading liquidity depth, which can help reduce slippage, and is designed specifically for high performing traders seeking smarter and more perceptive trading through automation.

"Our Futures Grid Bot is part of our continuous efforts to simplify trading for our customers and accelerate the use of automation and AI," said Bill Xing, head of financial products at Bybit, "Futures Grid Bot is a core element of our ongoing mission to level the playing field and democratize financial services, and is a perfect example of our trademark philosophy - innovation through iteration."

The Futures Grid Bot is the latest in a series of automated resources from Bybit, and follows the success of its Spot Grid Bot and DCA Bot launched earlier this year. Automation and AI, are key elements of Bybit's larger plans to disrupt the status quo and allow easy, affordable, and assured access to sophisticated trading environments for everyone.

Bybit operates one of the industry's most reliable, high-precision trading systems. It features a robust and resilient 100,000 TPS matching engine, designed to withstand any size, volume, or spike of crypto market activity, while the derivatives platform employs real-time market data using multiple pricing metrics to protect users against market manipulation. Bybit is also widely acknowledged to command one of the highest liquidity levels in the industry.

As with all its products, Bybit provides extensive training and educational resources as well as the risks and rewards of trading with leverage and actively encourages users to learn best practices before using advanced trading techniques.

Hashtag: #Bybit

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR), City Esports, and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

For more information please visit:

For updates, please follow Bybit's social media platforms on









Times Magazine

DIY Is In: How Aussie Parents Are Redefining Birthday Parties

When planning his daughter’s birthday, Rich opted for a DIY approach, inspired by her love for drawing maps and giving clues. Their weekend tradition of hiding treats at home sparked the idea, and with a pirate ship playground already chosen as t...

When Touchscreens Turn Temperamental: What to Do Before You Panic

When your touchscreen starts acting up, ignoring taps, registering phantom touches, or freezing entirely, it can feel like your entire setup is falling apart. Before you rush to replace the device, it’s worth taking a deep breath and exploring what c...

Why Social Media Marketing Matters for Businesses in Australia

Today social media is a big part of daily life. All over Australia people use Facebook, Instagram, TikTok , LinkedIn and Twitter to stay connected, share updates and find new ideas. For businesses this means a great chance to reach new customers and...

Building an AI-First Culture in Your Company

AI isn't just something to think about anymore - it's becoming part of how we live and work, whether we like it or not. At the office, it definitely helps us move faster. But here's the thing: just using tools like ChatGPT or plugging AI into your wo...

Data Management Isn't Just About Tech—Here’s Why It’s a Human Problem Too

Photo by Kevin Kuby Manuel O. Diaz Jr.We live in a world drowning in data. Every click, swipe, medical scan, and financial transaction generates information, so much that managing it all has become one of the biggest challenges of our digital age. Bu...

Headless CMS in Digital Twins and 3D Product Experiences

Image by freepik As the metaverse becomes more advanced and accessible, it's clear that multiple sectors will use digital twins and 3D product experiences to visualize, connect, and streamline efforts better. A digital twin is a virtual replica of ...

The Times Features

What is creatine? What does the science say about its claims to build muscle and boost brain health?

If you’ve walked down the wellness aisle at your local supermarket recently, or scrolled the latest wellness trends on social media, you’ve likely heard about creatine. Creati...

Whole House Water Filters: Essential or Optional for Australian Homes?

Access to clean, safe water is something most Australians take for granted—but the reality can be more complex. Our country’s unique climate, frequent droughts, and occasional ...

How Businesses Turn Data into Actionable Insights

In today's digital landscape, businesses are drowning in data yet thirsting for meaningful direction. The challenge isn't collecting information—it's knowing how to turn data i...

Why Mobile Allied Therapy Services Are Essential in Post-Hospital Recovery

Mobile allied health services matter more than ever under recent NDIA travel funding cuts. A quiet but critical shift is unfolding in Australia’s healthcare landscape. Mobile all...

Sydney Fertility Specialist – Expert IVF Treatment for Your Parenthood Journey

Improving the world with the help of a new child is the most valuable dream of many couples. To the infertile, though, this process can be daunting. It is here that a Sydney Fertil...

Could we one day get vaccinated against the gastro bug norovirus? Here’s where scientists are at

Norovirus is the leading cause[1] of acute gastroenteritis outbreaks worldwide. It’s responsible for roughly one in every five cases[2] of gastro annually. Sometimes dubbed ...