Bybit, the world’s third-largest crypto exchange by trading volume, has launched its long-awaited Copy Trading with Bots feature, integrating copy trading with grid bots for futures trading. This new tool opens up access to trading robots, improving the trading of Bybit’s 20 million users.
The new bot-based copy trading system is designed to provide simple automation, allowing users to copy grid settings from Trade Masters. By using futures trading grid bots, users can automate their trading strategies, allowing both Master Traders and their followers to focus on strategy development rather than the fine details of individual trades.
The key benefit of copy trading with bots is simplified strategic forecasting. Users do not have to make precise forecasts of market movements, but instead can set the desired price range and let the bot take care of the rest. This approach provides flexibility and helps minimize risks, especially in situations when markets are flat.
For those wishing to enhance their trading results, becoming a Master Trader represents an incredible opportunity. Master traders can significantly increase their income by sharing their “grid” strategies and earning from 10 to 15% of the profit distribution when trading in public mode or even 0 – 99% from whitelist subscribers.
“Our bot-based copy trading is a game-changer in getting more people involved in the cryptocurrency ecosystem,” said Ben Zhou, co-founder and CEO of Bybit. “This is about empowering our users with technology that not only simplifies the trading process, but also maximizes their earning potential.”
Master Traders can now also access SyncMaster, a new tool designed to match subscribers with their chosen Trade Master strategies and risk management settings, offering synchronization of trade parameters. This includes Forced Synchronization for strict adherence, preventing subscribers from adjusting trading parameters to ensure full compliance with the Trading Master’s approach.
To become a Master Trader, you can register and create bots in your Master Trading sub-account, allowing subscribers to automatically copy your strategies. Subscribers have the option to copy trades from USDT perpetual contracts, trading bots, or both.