Major crypto exchange Bitget introduced artificial intelligence (AI) in its trading services. The platform’s newest AI-powered Martingale strategy product is explicitly designed for actual use in real-time trading scenarios.
The AI-powered Martingale strategy product comes fresh on the heels of Bitget’s explosive growth in terms of product lineup expansion and user base swelling. The new investment product is specifically intended for novice traders, as the release statement claims – a clear indication of further trader attraction and a demonstration of crypto attractiveness as well as affordability.
The Martingale AI strategy uses a proprietary neural network to analyze historical market data and give users a low entry threshold for making investments. Given that markets have a tendency of growing over time, the AI analyzes such movements and provides users with a global overview of the market to give them suggestions on how best to manage their assets. Most importantly, the strategy focuses on increasing the number of investments after a downturn to recoup losses and achieve profit.
There are many advantages to be leveraged in the new product, and novice users are sure to appreciate them. Considering the volatility of markets and the high risks involved, users can set their risk appetites and rely on a built-in tool kit that allows them to select which approach to adopt – aggressive or conservative. Experienced traders will find value in that the new instrument lets them go long or short, buy at bottoms, or catch callbacks.
Another important aspect that sets the Bitget product apart is that it allows use of two-way trading – perfect for both bulls and bears. However, the biggest selling point is the availability of 100x leverage, opening up multiple avenues of opportunity for trading large volumes and going all in.