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Bitget Introduces Martingale AI Strategy, Targets Novice Traders with Simplified Investment Approach

7 June 2023
in Latest News, News
Reading Time: 3 mins read
104 4
Home News Latest News

Bitget has introduced an exciting feature on its platform; the Martingale AI strategy, an artificial intelligence-powered feature that enhances the accessibility and effectiveness of the Martingale investing strategy suite of products.

According to Bitget’s press release, the Martingale AI strategy is designed to cater to novice traders who are seeking a user-friendly and sophisticated investment approach. The Martingale strategy involves increasing investment amounts after a loss, aiming to recover losses and generate profits. 

By incorporating artificial intelligence, Bitget’s Martingale AI feature provides traders with valuable insights into market trends based on historical data, empowering them to make informed decisions and optimize their capital allocation for maximum efficiency.

One of the key benefits of the Martingale AI feature is its ability to automate trading. Traders can set their risk appetites and investment frequencies using parameters suggested by Bitget’s exclusive AI. These parameters are derived from backend algorithms that analyze historical market prices and asset fluctuations. Bitget aims to ensure a trustworthy trading experience for its users by offering reliable investment references with this new feature.

Gracy Chen, Bitget’s Managing Director, emphasized the platform’s commitment to providing users with effective tools and strategies for intelligent investing tailored to their needs. Chen highlighted that Bitget’s mission of facilitating secure participation in digital assets is further strengthened by offering streamlined and advanced solutions that harness the power of AI.

Chen stated:

“We will continue exploring new ways to integrate AI into our products and services to empower investors. These new features come as Bitget is bolstering its lineup of provided services in light of a global expansion and beyond derivative strategy.”

The introduction of the Martingale AI strategy is just one of the many new features being unveiled by Bitget. On June 1, 2023, the platform announced another innovative offering: EVM-compatible addresses. This feature allows users to use a single address across multiple blockchain networks. This groundbreaking feature establishes Bitget as a leading centralized cryptocurrency exchange (CEX) embracing EVM-compatible addresses.

With these advancements and continuous efforts to enhance its services, Bitget is solidifying its position as a leading platform in the crypto trading industry, providing users with powerful tools and streamlined experiences for successful investing.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Favour is a writer, who is interested in blockchain, DeFi, and Web3 in general. She finds machine learning and emerging technologies interesting.

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