Bybit is excited to announce the launch of the Futures Combo Bot, a revolutionary tool that simplifies the process of building and managing futures portfolios. This innovative bot enables users to maintain balanced positions across multiple futures contracts, ensuring optimal asset allocation despite market fluctuations.
How the Futures Combo Bot Works
The Futures Combo Bot is designed to streamline the futures trading experience. It allows users to build portfolios consisting of multiple futures contracts and effortlessly rebalance positions to maintain preset ratios, even as market conditions change.
Not a Bybit user yet? Join with our referral code to get an immediate $20 bonus, claim up to $30,000 in extra rewards, and get a 10% fee discount for your first month of trading!
Bybit’s bot ensures that portfolios remain aligned with user strategies, enhancing operational efficiency and providing flexibility in various market scenarios.
Practical Trading Strategies
Bybit’s Futures Combo Bot offers several practical trading strategies to maximize returns:
- Evenly Allocate Investments and Rebalance Automatically: First, the bot allocates investments evenly among various assets. Then, it buys low and sells high to maintain balance. Different coins often fluctuate at different times. When BTC outperforms ETH, the bot sells BTC to buy ETH, achieving cross-coin arbitrage.
- Target Specific Market Sectors: For example, before Solana Mobile’s delivery, users anticipating a rise in the Solana sector can create portfolios to long key cryptos within the ecosystem, such as SOL, JTO, and JUP.
- Long One Asset, Short Another: Users believing BTC will outperform ETH can allocate 50% to long BTC and 50% to short ETH. Profits come as long as BTC rises more or falls less than ETH.
- Long an Asset Portfolio and Short the Benchmark: Optimistic about the AI sector? Long AI-related tokens like AGI and FET, and short BTC with a 50%-50% proportion to achieve returns independent of market performance.
How to Get Started with the Futures Combo Bot
Bybit makes it easy to start using the Futures Combo Bot. Here’s how:
- Select Contracts: Choose 2-10 contracts, specify Long or Short, and allocate proportions for each.
- Input Leverage and Investment: Enter your preferred leverage and total investment amount.
- Configure Rebalancing: Select triggers for rebalancing by threshold, by time, or both.
- Create Your Bot: Tap “Create Now” to launch your first Futures Combo Bot.
Launch Event Details – Exciting Rewards
Bybit invites traders to celebrate the launch and participate in a lucrative event, running from June 26, 2024, 8AM UTC to July 31, 2024, 11:59PM UTC.
Participants can win part of a 50,000 USDT prize pool by following these steps:
- Complete Tasks to Earn Lucky Draw Tickets
- Create Your First Futures Combo Bot and Invest at Least $100: Earn 1 lucky draw ticket (once).
- Trade $10,000 with Futures Combo Bot(s): Earn 2 lucky draw tickets (once).
- Trade $50,000 with Futures Combo Bot(s): Earn 3 lucky draw tickets (up to 20 times).
- Enter the Lucky Draw
- Win up to 3,000 USDT per draw. Rewards are on a first-come, first-served basis until they run out, so hurry!
The event excludes users from Spain, Brazil, New Zealand, the Netherlands, and Hong Kong. Users must register for the event via the “Register Now” button on this event page to be eligible for rewards.
Bybit’s Futures Combo Bot is set to revolutionize futures trading, offering users a streamlined, efficient, and flexible tool to enhance their trading strategies. Don’t miss out on this opportunity to win big and improve your trading experience.
