Technology

Bybit Unveils Aurora AI to Transform Bot Trading for Investors Globally

Published December 12, 2023

In a significant advancement in the realm of cryptocurrency trading, Bybit, which ranks as the world's third-largest crypto exchange by trading volume, has announced the launch of Aurora AI. This state-of-the-art, artificial intelligence-driven tool is designed to revolutionize the bot trading landscape by making it straightforward and accessible to investors regardless of their experience level.

Empowering Investors with AI-Driven Strategies

Aurora AI is set to change the game for traders by leveraging artificial intelligence to analyze historical market data. This enables the tool to identify 18 different optimal strategy parameters, which take into account key factors such as yield rates, the frequency of arbitrage opportunities, and drawdown risks. The primary aim is to streamline and improve the bot trading endeavor for all who engage with it.

Simplified Trading for Beginners and Masters Alike

The intuitive Aurora AI platform removes the longstanding obstacles that have traditionally kept people from engaging in bot trading. It offers a user-friendly interface where both newcomers and veteran traders can easily enter their investment amounts and adopt the effective trading strategies suggested by Aurora AI. This inclusiveness opens up opportunities for all to harness the power of bot trading.

A Proven Performance Record

Aurora AI is not just pioneering; it is also proving its merit with an impressive win rate of over 70% showcased by its Futures Grid Bot's AI strategy. The variety of strategies available through Aurora AI, spanning multiple asset classes, offers investors the flexibility to choose approaches that align with their individual investment goals and risk preferences.

Bybit's Commitment to Innovation

"At Bybit, we are devoted to providing traders with the most advanced tools and technologies," states Ben Zhou, co-founder and CEO of Bybit. He further emphasizes their mission to democratize sophisticated trading strategies for the benefit of a broader audience. The introduction of Aurora AI epitomizes their commitment to this goal and promises to usher investors into a new era of market engagement.

About Bybit

Since its inception in 2018, Bybit has skyrocketed to become a leading crypto exchange, serving over 20 million users worldwide. It's known for its swift matching engine, continual customer support, and a multilingual community. The exchange proudly sponsors the Oracle Red Bull Racing Formula One team. Those interested in learning more about Bybit and its offerings are invited to explore their platform.

Bybit, AuroraAI, BotTrading