Bybit talk: Topic — Bybit’s Mobile App
Today I would like to tell you all about Bybit’s App and why it’s great to use!
For the first time, the app’s interface was presented by Ben, Bybit’s CEO, on his Twitter page.
https://twitter.com/benbybit/status/1180003422138822656
In December, Bybit’s App was added to Google Play Store, and in early January to the Apple Store. This article will be different. 90% of it will be screenshots from the App with my explanations. In the end I will show you my strategy based on using app.
What Bybit’s app can do:
It has 5 panels:
Home, Chart, Trade, Notifications and Assets.
On the main page you can also see last promotions of Bybit — as well as BTC, ETH, EOS and XRP prices. You can write to support directly from the App, and Bybit’s support team will respond quickly. In the Help Centre you can read FAQ and latest articles which can help you in your trading journey.
Chart page — Shows your chart with pairs trading on Bybit. Also, here you can add some indicators, draw lines or choose timeframes.
Also, on “Chart” page you can see Order Book, filled contracts and contract details.
In the Bybit App, all type of orders available on the PC platform is also available here: limit, market and conditional orders. All these orders you can set on order page.
Also, here you can set your leverage and choose calculator for your order.
After submitting order you will see a position, in the bottom of the screen. Click on it and you will see details and will have a possibility to set or change stop loss/take profit and trailing stop. Also, there, you can see all your orders, realized P&L, trade history etc.
Notification panel gives you the possibility of creating alerts for price of your trading pair.
On Assets page you can see your total equity, make deposits, withdraw funds or exchange assets. And in the top right corner you can choose your settings.
In settings you can choose the currency in which the systems will calculate price, change or set username, add wallet addresses for withdrawal funds, change security issues: 2FA, password, change notification language and language of the App.
So, I think this guide will help you, but the main thing which I want to tell you, is HOW I am using app in my trading strategy when I have no access to PC:
- Making an analysis with “Chart” page. Drawing lines of support and resistance, sometimes watching for indicators, changing timeframes for understanding in what phase of market we are: pump, dump or flat.
- Choosing levels for longs or for shorts. Creating alerts (+- 10$ before and after my orders).
- Setting up my limit orders.
- When I get a notification — opening app and if orders executed — setting stop loss and take profit (sometimes making it with p. 3)
- Creating alerts (+-10 $ before and after my stop/take)
- Writing my order to the diary
As for me, Pro traders can make analysis using other services: TradingView, TensorCharts, Gocharting, TradingLite, but trading can be done directly in APP. I am using app in 95% of my trades, and I am a day trader, so I access my app several times a day. I would highly recommend you to use Bybit’s Mobile App!
