The Bitget global copy trading and derivatives exchange is entering the fast-track to AI application, as revealed in its latest release outlining the launch of an AI-powered Martingale strategy investment product. The new function comes as Bitget is rapidly expanding its product lineup with a focus on attracting new audiences of traders, both novice and professional.
The use of AI as a basis for the latest of Bitget’s products is a clear sign that artificial intelligence services are likely to have an impact on trading after all. The new AI Martingale strategy offers users the chance to rely on AI-powered algorithms and a proprietary engine that tracks the historical data of market dynamics in a bid to identify possible movements that can be used as grounds for making investments.
Bitget has explained that AI Martingale revolves around increasing the amount of an investment after a downturn in an attempt to recoup losses and achieve a profit. The AI will be instrumental in this approach, providing users with all the necessary data to make sound decisions, while offering a number of beneficial options
“The launch of Martingale AI represents Bitget’s commitment to empowering users with the tools and strategies to invest confidently and smartly according to their needs,” says Bitget Managing Director Gracy Chen, while adding that “the power of AI aligns with Bitget’s mission to help individuals safely embrace digital assets.” Chen also outlined that Bitget will continue exploring new ways to integrate AI into its products and services in light of a global expansion and beyond derivative strategy.
The statement makes it clear that user satisfaction and attraction of new audiences of traders is the key reason for the launch of AI Martingale. Novice investors will find that the new product offers them a convenient risk-setting option to suit their appetites and truly does lower entry thresholds into crypto.
More experienced investors and traders will look deeper to appreciate the 100x leverage that AI Martingale offers, while taking a handle on the embedded option of selecting conservative or aggressive strategies. The product also comes with two-way trading enabled and gives users the chance to buy low while reaping the rewards of rising markets. Lastly, the function also provides the opportunity to operate on both bullish and bearish markets at a profit.
Bitget’s strategy of entering new markets goes in parallel with its strive to expand service and product lineups in a bid to differentiate from the competition and become a more holistic ecosystem. The use of AI as part of the new Martingale product is also seen as both an attempt at using AI for trading purposes, and as a means of adding variety to an existing product in hopes of perfecting it. The first scenario is likely to be more of an experiment, while the second is likely aimed at attracting users who have grown fond of using AI or see it as a hallmark of almightiness.
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