Bybit has unveiled a new tool called Equity Trailing Stop, aimed at automating risk management and protecting trader profits.
Key Benefits of the Tool
The Equity Trailing Stop allows traders to set a percentage from 5% to 99% to automatically update the exit point based on the highest balance, thus protecting capital and maximizing profits. The tool provides 24/7 market monitoring and integrates with trading bots.
Support for Copy Trading and Trading Bots
The new feature is compatible with Spot Grid, Futures Grid, and Futures Combo bots, allowing for real-time adjustment of exit points based on market conditions. Copy trading protects equity by closing positions at preset thresholds.
International Recognition and Forum Participation
Bybit has been named 'Best Crypto Exchange UAE 2025'. The award highlights the company's contribution to the UAE's digital economy. Bybit also participated in the Inclusive FinTech Forum, discussing ways to improve financial services accessibility for SMEs.
The introduction of the Equity Trailing Stop and Bybit's participation in international forums reinforce their position as a leader in cryptocurrency trading and financial solutions.
