Crypto trading on Bybit Inverse via CryptoRobotics

Bybit Inverse offers traders the ability to trade perpetual inverse contracts using BTC or other cryptocurrencies as the base currency. These contracts have no expiration date, making them a popular choice for speculative cryptocurrency trading.

Cryptorobotics is a platform that allows for the automation of trading on cryptocurrency exchanges, including Bybit. It supports the use of trading robots and copy trading features, which makes trading easier for users without the need to constantly monitor the market.

Cryptorobotics features for trading on Bybit Inverse

Signal Trading

This feature allows traders to create orders based on signals from analysts. It provides the ability to respond to market events using professional recommendations quickly.

Key Features

• Automated order creation based on analyst signals.
• Quick response to market events.
• Access to professional recommendations.

Auto-following

The auto-following function includes the integration of signals from analysts and the automatic execution of trading operations by the robot. The robot analyzes incoming signals and independently decides to enter a trade, making this tool particularly useful for active traders looking to maximize their efficiency.

Key Features

• Integrates signals from analysts for trading.
• Automatic execution of trades by the robot.
• Independent decision-making by the robot.

Ladder smart orders

This tool allows traders to place a series of limit orders at different price levels. It is useful for gradually entering or exiting positions, minimizing the impact on the market price, and improving the profit potential.

Key Features

• Series of limit orders at varying price levels.
• Gradual entry or exit from positions.
• Minimizes market impact.

Smart orders (Take Profit and Stop Loss)

This feature automates the process of setting orders to close positions when a specified profit (Take Profit) or loss limit (Stop Loss) is reached. It provides effective risk management and protects the trader’s capital.

Key Features

• Automates closing positions at predefined profit or loss limits.
• Provides effective risk management.
• Protects capital by limiting potential losses.

Alerts

The platform allows setting alerts for market events such as reaching price levels or changes in trading volumes. These notifications help traders timely respond to changes in market conditions.

Key Features

• Notifications for specific market events.
• Customizable alerts for price levels and volume changes.
• Helps traders respond timely to market conditions.

Trading from the chart

Traders can directly set and manage orders from the chart, making the trading process more intuitive and convenient. This feature visualizes trading strategies and helps make decisions faster based on market trend analysis.

Key Features

• Direct order setting and management on charts.
• Visualizes trading strategies for intuitive decision-making.
• Facilitates rapid response based on market trends.

Advantages and Risks

Using Cryptorobotics for trading on Bybit Inverse can significantly simplify the trading management process through automation and clear analytical data. However, like all margin trading, it involves risks, especially given the high volatility of cryptocurrency markets.

Registration and API setup

To start using СryptoRobotics to trade on Bybit Inverse, you must first register on both platforms. On Bybit, you need to create API keys, which will then be added to the Cryptorobotics account. It is important to set the key’s rights to read and write to enable transactions through Cryptorobotics.