The most convenient exchange. When I had no experience in margin trading, I tried to trade on bitmex,
I started looking for a more understandable exchange, and turned my attention to bybit. It turns out that it's very easy for a newbie to get started on this market,
There is a learning mode with a demo account, also there is an opportunity to put an editable take profit and stop loss simultaneously, close
There is also an editable take profit and stop loss at the same time to close part of the position or 100%. The btc rate is weighted average of several major exchanges (protection against exchange manipulation). Recently bybit added ability to trade with perpetual USDT contracts. In this case there are
possibility to open two positions at once: short and long with different leverage. Now the balance is in USDT, so you don't need to worry about
on the short did not made, and the rate of btc fell. Also, the exchange implemented the "pivot" and "close" functions.
The "Pivot" function allows you to quickly swap long and short positions, while the "Close" function allows you to use different strategies to close a position,
which is very convenient.
The most convenient exchange. When I had...
The most convenient exchange. When I had no experience in margin trading, I tried to trade on bitmex,
I started looking for a more understandable exchange, and turned my attention to bybit. It turns out that it's very easy for a newbie to get started on this market,
There is a learning mode with a demo account, also there is an opportunity to put an editable take profit and stop loss simultaneously, close
There is also an editable take profit and stop loss at the same time to close part of the position or 100%. The btc rate is weighted average of several major exchanges (protection against exchange manipulation). Recently bybit added ability to trade with perpetual USDT contracts. In this case there are
possibility to open two positions at once: short and long with different leverage. Now the balance is in USDT, so you don't need to worry about
on the short did not made, and the rate of btc fell. Also, the exchange implemented the "pivot" and "close" functions.
The "Pivot" function allows you to quickly swap long and short positions, while the "Close" function allows you to use different strategies to close a position,
which is very convenient.