What is Bybit's Strategy Alert? How does it work? Table of Contents

Bybit’s Strategy Alert Upgrade

As Bybit’s all know, the cryptocurrency market has many changes and it is difficult to grasp. However, choosing the right trading tool, market fluctuations may be more helpful to Bybit’s trading.

In order to help you better control risks, you must always be alert to market changes.

Now, Bybit’s will show you how to use the new version of the strategy reminder.

Currently, it is only available on the Bybit App. The new version provides four types of reminders, all you need to do is simply click.

  • Real-time tracking
  • Prices skyrocketed / plummeted
  • Changes in open interest
  • Funding rate reminder

Open Bybit’s Account

1. Real-time tracking

Compatible with the latest iOS and Android systems, Bybit provides three-component styles to make market changes clear at a glance. You can select different trading pairs, customize the information display, and add custom component styles directly to the main screen.

2. Price skyrocketing/plummeting

Don’t miss the opportunity for market breakthroughs and callbacks! When the price surges or plummets by more than 1% within 5 minutes, you will receive a reminder to grasp the change in the market.

3. Changes in open interest

You will receive a reminder when the amount of open interest in the market increases or decreases by more than 5% within a specific time period. The three-time ranges are 15 minutes, 30 minutes and 1 hour. Paying attention to changes in the amount of open interest in the market can grasp market liquidity and trend strength.

4. Funding rate reminder

You will receive a reminder about the estimated funding rate 30 minutes before the fund fee is cleared. This can help you assess whether the market sentiment is bullish or bearish.

You can also set reminders that best suit your trading preferences. Whether you are a novice or a professional trader, Bybit can provide you with the best trading tools.

The new version of the strategy reminder applies to BTCUSDT and BTCUSD perpetual contracts. In the future, more trading pairs and reminder types will be supported.

Download the Bybit App now and experience it! One step ahead, grasp the market.

Go to Bybit’s Official Website