Bybit Exchange has introduced a brand new tool called the Bybit Position Builder. All available derivative products and trading methods can be accessed by users when they build portfolios with this tool. To help traders make profitable selections, Position Builder compiles data on smart strategies for futures, perpetuals, and options contracts based on liquidity and price patterns.
How the Bybit Position Builder works and its benefits
Bybit says that its unified trading account and its companion tool, Position Builder, are indispensable to traders who want fine-grained control over their holdings. This enables them to make the most of the platform’s lightning-fast trading engine and our extensive liquidity pool. When establishing positions with Bybit’s suite of crypto derivatives, and cutting-edge technology improves capital efficiency and provides greater flexibility.
Customers can submit a batch of orders all at once to build positions quickly and save money by not having to place separate orders for each exchange or product type. For a more accurate assessment of potential gain, loss, and trend, it also provides the option to simulate the details of a position’s Profit and Loss.
Position Builder easily mitigates unnecessary risk by calculating delta exposure from options trades and presenting delta hedging via Bybit’s USDT perpetual contract’s depth with a single click. This facilitates efficient and timely trading decisions by allowing users to monitor and control their risk exposure in real-time. The beauty of the tool is that it is not complicated, but is quite intuitive. In assisting traders in making profitable decisions, it provides data on intelligent trading strategies for futures, perpetuals, and options contracts based on liquidity and price patterns. Anybody, from experts to beginners, can utilise Position Builder successfully. The fact that it is accommodative to everybody is likely to attract more users who have been struggling to build profitable portfolios