SignalPlus collaboration will give Bybit users a better trading experience
SignalPlus is a rapidly expanding enterprise technology firm that offers options trading for crypto and other digital assets. Has teamed up with one of the world’s major cryptocurrency exchanges, Bybit, according to a press statement.
This partnership between the two companies is one-of-a-kind and will result in an improved trading experience for Bybit users. SignalPlus will provide Bybit with an order management system that will be used to facilitate all crypto options trading on the exchange.
The OMS is designed to handle a high volume of complex orders with ease. And will enable Bybit users to trade options with great precision. In addition, the OMS comes with a risk management module that will help Bybit traders to better manage their risks.
With this partnership in place, Bybit is poised to offer a more comprehensive and sophisticated trading experience to its users.
AI-enabled options trading
The collaboration involved an AI-enabled options trading robot, which automates risk hedging and market making. And the development of a custom dashboard platform designed for professional options traders who want to tap into global liquidity.
The features, designed specifically for Bybit users, make it possible to use margin accounts to get the most out of your funds.
Bybit’s perpetual contract trading platform currently offers ETH/USD, BTC/USD, EOS/USD, and XRP/USD pairs with up to 100x leverage. The company has plans to list more digital assets in the future.
The only exchange that offers options trading for USDC
Bybit is the only cryptocurrency exchange that allows clients to trade cryptocurrency options using this stablecoin. Without having to own or buy the underlying digital asset. The platform recently added Solana and Ethereum contracts to its cryptocurrency option offering.
Offering SignalPlus to its users is part of Bybit’s commitment. To provide an all-in-one trading platform that meets the needs of even the most demanding traders.
SignalPlus is a tool that provides users with real-time market information and alerts. As well as automated trading signals based on advanced technical analysis.
The best liquidity in the industry
Liquidity is one of the most important things when it comes to exchanging assets. SignalPlus’ integrated, institutional-grade options platform solutions make sure users get the best quote and execution, even during times of market volatility. This allows them to make more money.
CEO and co-founder of Bybit Ben Zhou comments:
“We’re happy to work with SignalPlus because their product is regarded as the best in the cryptocurrency alternatives industry. This will offer our customers a better trading experience. We understand that our clients will benefit from SignalPlus’s features.”
SignalPlus CEO and co-founder Chris Yu says:
“We are excited to be the official crypto options provider for Bybit. We expect the use of crypto options will dramatically increase and be accepted over time. Bybit is a high-quality exchange with an excellent technical infrastructure that complements SignalPlus’ cutting-edge technology solutions well. We aspire to become the industry’s best platform for meeting cryptocurrency option demands.”
Bybit is a Singapore-based cryptocurrency derivatives exchange with offices in Hong Kong and Taiwan. The company was founded in March 2018 by four former Wall Street quant trading veterans.
The firm has grown rapidly since its launch and now has over 200,000 active users from over 150 countries.
SignalPlus is a New York-based technology company that provides a suite of tools for professional traders.
Including a real-time market data feed, advanced charting capabilities, and proprietary trading algorithms. SignalPlus’ technology is used by some of the world’s largest hedge funds, banks, and trading firms.
The collaboration between Bybit and SignalPlus will provide Bybit users with access to SignalPlus’ market data feed, advanced charting capabilities; and proprietary trading algorithms.