Cryptohopper and Bybit partnership brings quick access to crypto trading without compromising asset security and sacrificing user experience
Automated trading bot Cryptohopper has announced its partnership with cryptocurrency exchange Bybit, as part of its plan to continue adding and integrating new exchanges in 2022.
The partnership follows Bybit partnering with Formula One’s Oracle Red Bull Racing’s defending Drivers’ Championship team as its first ever Principal Team Partner.
This deal marks the largest per annum deal of crypto’s foray into sports as Bybit works with multi-sector companies like Cryptohopper for mutual brand outreach.
Bybit is one of the fastest growing cryptocurrency exchanges, with more than 6 million registered users.The partnership with Cryptohopper will enable Crypohopper users to experience an ultra-fast matching engine for crypto trading for the first time.
Both companies have intuitively designed user-friendly interfaces and operating systems, and mobile apps that allow trading on the move. Through its integration with Cryptohopper, Bybit can now reach additional potential clients while providing its existing users with automated tools for trading that require no special coding skills.
Cryptohopper has over half a million accounts and is still growing, processing more than 5 million spot transactions, worth an estimated 2 billion dollars. According to CoinMarketCap, the world's most-referenced price-tracking website for crypto assets, the average 24-hour trading volume of Bybit in 2021 was recorded at $11,872,160,107.16.
Users who connect their accounts to Cryptohopper’s bot will enjoy fast automated trading and a portfolio management suite that aggregates all cryptocurrencies in one place, including Bitcoin (BTC), Ether (ETH) and Litecoin (LTC). Cryptohopper users will also benefit from access to markets via Bybit that may otherwise have been inaccessible to them, giving them more trading option choices.
Igneus Terrenus, Head of Communications at Bybit, said: “We are happy to partner with Cryptohopper to integrate trading bot capabilities into the Bybit platform. At Bybit, we are always on the lookout for products and services that can help our users capitalize on the emerging digital asset class with ease and confidence.”
Bybit started offering spot trading in July 2021. The platform already benefits from more than 100 spot trading pairs with many more to come. Additionally, Bybit provides more than 100 contracts in perpetual and quarterly futures. Other than providing an opportunity for portfolio diversification, Cryptohopper affords access to a comprehensive set of tools such as trailing features, market-making and AI Strategy Designer. Cryptohopper also has user-friendly iOS and Android apps for trading on the go, and makes copying other traders by subscribing to signalers possible. By using Cryptohopper, Bybit’s users will have a more enhanced trading experience with reduced risk, whether they are new to crypto or have been trading digital assets for some time.
Ruud Feltkamp, CEO, Cryptohopper, concluded: “Cryptohopper is excited to partner with ByBit, one of the most well-respected exchanges in the industry. Our shared goal is to provide traders with a world-class trading experience and we believe this partnership will be instrumental in achieving that. All of Bybit’s users can leverage our innovative trading options, which are now accessible through this exchange partnership.”
Media enquiries: Nic Corns, Finch PR.
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About Cryptohopper
Cryptohopper is a world-leading automated crypto trading bot that uses algorithmic intelligence to manage cryptocurrency trading and caters for more than 550,000 traders.
Cryptohopper is an entirely cloud-based SaaS (software as a service), operates 24/7 and can trade up to 75 cryptocurrencies at once. It has developed a number of partnerships with global cryptocurrency exchanges, such as Binance, Bitvavo and Coinbase Pro, enabling traders to manage all their cryptocurrency wallets in one platform.
Cryptohopper’s user-generated features include being the first trading platform to introduce trading with signals – a feature that has been emulated across the sector.
The company was founded by Ruud and Pim Feltkamp and went public in September 2017.
About Bybit
Bybit is a cryptocurrency exchange established in March 2018 to offer a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. The company provides innovative online spot and derivatives trading services, mining and staking products, as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class.
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For more information please visit: https://www.bybit.com/
