Bitget Partners with Veles for Enhanced Trading Automation
Bitget has announced a new partnership with Veles, a leading automated trading platform. This collaboration will enable Bitget users to leverage Veles’ advanced trading robots for seamless automation across both spot and contract trading markets. By integrating these intelligent tools, Bitget aims to enhance trading efficiency and bolster risk management abilities for its users, whether they are individual traders or institutional investors.
Integration Features
The integration will allow users to swiftly access Bitget’s services via Veles’ Fast-API, which facilitates customization of technical indicators and trading signals. This flexibility is crucial for adapting to the ever-changing dynamics of financial markets. Additionally, the platform is designed with sophisticated risk management capabilities, including features such as:
- Stop-loss recovery
- Multiple profit-taking strategies
- Trailing profits
These features provide users with the tools to manage risk and optimize profit potential effectively.
Backtesting and Strategy Optimization
Moreover, Veles incorporates a state-of-the-art backtesting engine that enables traders to refine their strategies by analyzing historical performance data. This feature is designed to enhance the overall trading experience by ensuring strategies are optimized for better results in live markets.
Vision for the Future
Vladislav Kriger, the CEO of Veles Finance, expressed his vision for the partnership, stating, “Our collaboration aims to provide practical automated trading solutions to a broader audience, helping users navigate market volatility more efficiently and enabling the effective use of intricate trading strategies.”
The cooperation represents Bitget’s commitment to developing a more sophisticated and user-centric trading environment.