Today, Bybit, the world’s third most visited cryptocurrency exchange, made the announcement about the launch of its new AI program known as Tools Discovery. This ground-breaking AI-powered engine brings smart trading to life by providing individuals with personalized product and strategy recommendations that are tailored to their unique trading patterns and interests.
Bybit’s AI tool is one of the first of its kind to be used in the cryptocurrency market; it analyzes historical data to make recommendations for trading techniques that are appropriate for the current state of the market. Taking emotion out of trading, the AI tool gives users the ability to make decisions based on facts that are customized to their individual profiles.
In addition, users can benefit from the discovery of new investment products and strategies, as well as insights into their own investing styles and preferences, thanks to the algorithm. The personalized recommendations from the AI tool are presented together with other profitable investment strategies that have been proven to generate returns for traders and investors.
Access to Financial Opportunities in the Digital Economy
In accordance with the user’s risk profile, Tools Discovery is able to suggest trading strategies that utilize Bybit’s comprehensive array of trading products. These trading strategies may include Copy Trading, Dual Asset, Futures Grid Bot, Spot Grid Bot, DCA Bot, and Liquidity Mining. Users have the ability to quickly and easily replicate the trading strategies, or they can add them to “My Watchlist,” which gives them the ability to evaluate the performance of the strategy by tracking it for a period of 60 days.
Commenting on this launch, Bill Xing, head of financial products at Bybit, said: “We understand how difficult it can be for beginner traders or even experienced traders who want to try something new. That’s why we built our Tools Discovery AI — it makes it easier to focus on the type of trading that suits each user’s unique requirements.”
Xing further added: “We believe that everyone should have access to the best tools as part of our mission to democratize access to financial opportunities in the digital economy. Tools Discovery gives all users access to personalized product and strategy recommendations so they can easily explore different trading strategies, find new ideas, and benefit from Bybit’s next-level opportunities.”
Commitment to Making Crypto Trading More Approachable
Bybit is dedicated to providing its customers with cutting-edge products and services that make trading cryptocurrencies more approachable and convenient than ever before. Bybit has taken another step toward realizing its vision of becoming the Crypto Ark for people all over the globe with the release of its AI-powered Tools Discovery program.
Established in 2018, Bybit is a cryptocurrency exchange providing a professional platform for crypto traders seeking an ultra-fast matching engine, multilingual community support, and exceptional customer service. Bybit takes pride in its partnerships with renowned entities such as NAVI, Astralis, Alliance, Made in Brazil (MIBR), Oracle Red Bull Racing Esports, association football (soccer) team, Borussia Dortmund, and the Oracle Red Bull Racing team, the reigning Constructors’ and Drivers’ champions of Formula One.
Overall, Bybit’s new AI-powered Tools Discovery program offers users a comprehensive suite of tools that simplify trading, provide valuable insights and recommendations, and open up new opportunities for investment. By empowering users with personalized trading strategies, Bybit sets a new standard for personalized crypto trading and investing, benefiting users of all levels of experience.
