Bybit, the world’s third most visited crypto exchange, has announced a significant upgrade to its Copy Trading product, offering users advanced automated trading capabilities. This enhancement integrates the main derivatives terminal into Bybit’s Copy Trading platform, providing traders with a comprehensive suite of features and third-party tools to manage their portfolios effectively.
With this integration, orders will now appear on the derivatives terminal, eliminating the need for a separate Copy Trading tab. This streamlined approach makes it easier for trades to be copied by the account’s Followers. Bybit’s support for V3/V5 USDT Perpetual OpenAPI enables Master Traders to execute automated strategies with greater efficiency than ever before.
Boosting Efficiency and Maximizing Trading Potential
Over 18,000 Master Traders on Bybit can now link their Bybit Subaccounts to third-party trading tools such as 3Commas and Insilico Terminal through API integration. These integrations offer advanced features like Conditional Orders, Trailing Stop, and TWAP (Time Weighted Average Price), which were not available in previous versions of Bybit’s Copy Trading platform.
Bybit’s upgraded Copy Trading system ensures trades are executed at optimal prices, minimizing costs and eliminating the possibility of human error. The new features enable 24/7 trade execution, allowing users to capitalize on opportunities without requiring constant monitoring. Additionally, the enhanced Copy Trading functionality permits multiple trades, boosting efficiency and maximizing trading potential.
Ben Zhou, co-founder and CEO of Bybit, expressed his delight regarding the major upgrade, stating, “We are delighted to announce this major upgrade to our Copy Trade feature as we continue to lead the way in copy trading technology — evolving and improving based on our traders’ needs.” Zhou added, “With the integration of the main trading terminal into our Copy Trade feature and support for automated strategies via API integrations, we have made it much easier for users to manage their portfolios and enhance their profits while mitigating risks.”
Bybit, established in 2018, is a cryptocurrency exchange that provides a professional platform for crypto traders. The platform boasts an ultra-fast matching engine, excellent customer service, and multilingual community support. Bybit takes pride in its partnerships with prominent entities such as Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, as well as esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.
With Bybit’s upgraded Copy Trading product, users now have access to advanced automated trading capabilities, empowering them to effectively manage their portfolios, enhance profits, and mitigate risks. The integration of the main derivatives terminal and support for API integrations with third-party tools demonstrates Bybit’s commitment to continuously evolving and improving its services to meet the needs of traders.
