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BitMEX rolls out customizable bots for predefined trading strategies

Crypto exchange BitMEX has introduced automated trading bots that allow users to implement customizable strategies for trading. The Trading Bots tool has two tiers, Basic Bots for new traders and Advanced Bots for experienced users, with various options such as time intervals and technical indicators. The bots cover over 200 crypto contracts and can be adjusted or deactivated at any time. BitMEX CEO Stephan Lutz stated that the bots facilitate data-driven decision-making, benefiting even beginner traders. However, experts note that trading bots are most effective for skilled traders and not a guaranteed path to profits for inexperienced users.

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