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BitMEX launches automated buying and selling bots for simple cryptocurrency buying and selling

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Mahe, Seychelles, 10 October 2024, Chainwire

BitMEX, the world's main crypto derivatives alternate, has introduced the launch of its new automated buying and selling software, Buying and selling robots. This highly effective function is designed to supply simple automation primarily based on predefined methods or sign responses, offering a seamless strategy to commerce 24/7 in fast-moving crypto markets with no coding expertise required.

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To mark the launch of Buying and selling Bots, BitMEX launched its “Buying and selling Bot Problem” marketing campaign that includes 22,000 USD value of rewards for brand new and present merchants. 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 robots on BitMEX, customers can go to this web page.

BitMEX affords two ranges of buying and selling bots to cater to merchants with totally different backgrounds:

  • Primary robots: This function is good for newbies and permits customers to begin auto buying and selling with only a few clicks.
  • Superior robots: Designed for extra skilled merchants, this function gives a variety of configuration choices, together with the choice of time intervals, indicators (eg RSI) and extra detailed parameters.

Every bot is absolutely customizable and permits merchants to set most well-liked place sizes, time intervals and different buying and selling situations. The platform hosts greater than 200 robots masking a variety of crypto contracts, making certain that customers have entry to a various vary of buying and selling methods tailored 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 cryptocurrencies and AI-driven applied sciences. We've been equipping our customers with superior instruments to reinforce their enterprise expertise for practically a decade, and as we have a good time our tenth yr within the business, I'm excited to see extra revolutionary applied sciences turn out to be a key a part of that legacy. BitMEX's buying and selling bot function allows quicker data-driven resolution making – a bonus that even novice merchants can profit from. By integrating these instruments, we be sure that our customers, no matter expertise, have all the things they should navigate the complicated cryptocurrency markets.”

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To get began, customers can go to the Bots tab within the navigation bar, select their bot and set the parameters of their buying and selling bot. As soon as configured, the bot will robotically execute trades primarily based on the consumer's view of the market. Merchants can simply modify or cease their bots at any time, offering flexibility in altering market situations.

About BitMEX

BitMEX is a number one crypto derivatives alternate that gives skilled crypto merchants with a platform that meets their wants with low latency, deep liquidity and unmatched reliability.

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Since our inception, no cryptocurrency has been misplaced to intrusion or hacking, permitting BitMEX customers to commerce safely, understanding their funds are secure. So additionally they have entry to the merchandise and instruments they should be worthwhile.

BitMEX was additionally one of many first exchanges to publish its Proof of Reserves and Proof of Liabilities information. The alternate continues to publish this information twice every week, demonstrating assurance that it’s securely storing and segregating entrusted funds.

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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