Bybit has launched its long-awaited Bot Copy Trading functionality, which combines the exchange’s Copy Trading with Futures Grid Bots. With the new Bot Copy Trading feature, customers may easily automate their trading by copying the grid settings of Master Traders.
Master Traders can begin by creating bots in their sub-account and registering as a Master Trader. This will enable their followers to automatically mimic their trading methods. Subscribers can choose to replicate either USDT Perpetual Trades or Trading Bots.
With the Bot Copy Trading feature, traders have an easier way of forecasting the best trading strategies to use. All users need to do is simply specify a price range and the bot will handle the rest. Simply put, they do not need to struggle trying to make exact market forecasts. This strategy is particularly useful in sideways markets since it offers flexibility while minimising risk.
Users can automate their trading strategies with Futures Grid Bots. This frees up both Master Traders and Followers to focus on strategy development instead of the details of individual trades.
Being a Master Trader is a great chance for anyone who wants to make a bigger splash in the trading world. Sharing grid strategies can greatly increase a Master Trader’s revenue. In public mode, they can make 10-15% in profit shares, and with whitelisted followers, they can earn 0-99%.
A new tool called SyncMaster is available to Master Traders. Its purpose is to help Followers synchronise their trade parameters with the strategies and risk management settings of the Master Traders they have chosen. Included is Forced Sync, which ensures even more adherence by blocking Followers from changing trade settings to match the Master Trader’s strategy.
This post was last modified on Dec 15, 2023, 11:55 GMT 11:55