Bybit, the world’s third most visited crypto exchange, is proud to announce its latest product — the Bybit Position Builder. This powerful tool allows clients to build portfolios using the full range of derivative products and trading strategies.
Position Builder is suitable for all types of users: professionals and non-professionals alike. It provides smart strategy data for futures, perpetuals, and options contracts, based on liquidity and price trends to help traders make advantageous decisions.
Clients can submit a basket of orders simultaneously to efficiently build positions and avoid the time and cost of placing orders across exchanges or product lines. Additionally, it offers the ability to simulate the details of a position’s combined profit and loss (P&L) to better calculate profitability, risk and overall trend.
When using options, Position Builder calculates the delta exposure and provides one-click delta hedging using the excellent depth of Bybit’s USDT perpetual contract, which effortlessly reduces unwanted risk exposure. This helps users manage their risk exposure in real time so they can make informed trading decisions quickly and efficiently.
The tool also employs both cross margin and portfolio margin modes. Under cross margin mode, traders can enjoy leverage for individual futures contracts while under portfolio margin mode they can reduce the overall margin requirement of the portfolio.
“We are proud to offer our clients another innovative tool, which enables them greater capital efficiency and flexibility when building positions with our suite of crypto derivatives,” said Ben Zhou co-founder and CEO of Bybit. “Position Builder, along with our unified trading account, is essential for users looking to manage their positions at a granular level, allowing them to best utilize our ultra-fast trading engine and deep liquidity.”