Modern Australian
The Times

Bybit Trading Bots Smash All-Time-High On the Back of XRP-Led Rally

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 14 July 2023 - Trading bots on Bybit, the world's third most visited crypto exchange, have broken all-time highs for trading volume in the last 24 hours, on the back of a sudden crypto rally that saw XRP surge 70%.



Bybit's free trading bots, which use algorithmic trading strategies to automatically submit buy and sell orders, hit a combined trading volume of $250,000,000 in the last 24 hours, beating the previous record of $220 million. Indeed, the 24-hour trading volume was 2.5 times higher than the average for this quarter.

The surge was led by Bybit's XRP futures trading bot, which saw a volume of $49,000,000 — over a 49-fold increase from Wednesday, making it the second most algorithmically traded asset on Bybit, behind bitcoin. The crypto exchange also saw a 50% increase in new bots created in the same time period.

Bybit provides smart AI parameters for each trading pair available on its bots. The parameters are maintained by quantitative specialists to maximize profits. Once a user has set up their trading bot and is earning a good return, they can share their strategy with a fellow trader with the click of a button.

"We are excited to see our products performing so well during times of upside volatility," said Vivien Fang, head of financial products at Bybit. "It's times like these when Bybit is most proud to be offering next-level opportunities to all market participants. Traditionally, sophisticated trading bots were tools accessible only by elite investors, but, as the world's Crypto Ark, we simplify these tools to allow easy access to their powerful functionality."

More From Bybit

● Bybit Trading Bot Homepage

● 21 Best Crypto Grid Trading Bots to Use in 2023 (Updated)

● How to Use Bybit Futures Grid Bot


Hashtag: #Bybit #TheCryptoArk

The issuer is solely responsible for the content of this announcement.

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One's reigning Constructors' and Drivers' champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.

For more information please visit:

For updates, please follow:










Understanding the Different Types of Car Services: Minor vs Major

When it comes to car maintenance, one of the most important things every vehicle owner should understand is the difference between a minor and a maj...

How Superannuation and TPD Insurance Work Together

Superannuation is an essential part of financial planning in Australia. It is designed to provide individuals with income during retirement, helping...

Tiny Towns funding granted for Mt Hotham and Mt Buller upgrades

Alpine Resorts Victoria (ARV) has welcomed funding support from the Victorian Government’s  Tiny Towns Fund, with both Mt Hotham and Mt Buller se...

Locksmith Services: Why Professional Security Solutions Matter More Than Ever

Security is a critical concern for homeowners, businesses, and vehicle owners alike. Whether it involves protecting a property, replacing damaged lo...

Why Tooth Fillings Are Important For Protecting Damaged Teeth

Cavities and minor tooth damage are common dental problems that can worsen if left untreated. Professional tooth fillings help restore damaged teeth, ...

The Connection Between Visibility and Driver Confidence

Operating a vehicle safely requires an immediate, uncompromised stream of visual information from the surrounding road environment. A driver's decis...

Important Things To Know Before Starting An SMSF Setup

Planning for retirement requires careful financial decisions, and many Australians are now looking for more direct control over how their superannua...

Why Retail Cleaning Plays a Key Role in Customer Experience and Business Success

Professional retail cleaning services are an essential part of maintaining a welcoming, safe, and professional environment for customers and staff...

Simple Ways to Make a Commercial Property More Appealing to Buyers

Selling or leasing a commercial property isn’t just about listing the square metres, taking a few photos and waiting for the right person to appea...

What Café Owners Should Know Before Upgrading Their Display Setup

A café display fridge does a lot more than keep cakes cold and sandwiches fresh. It quietly shapes the way customers browse, the way staff move beh...

Creating a Backyard That Feels Comfortable All Year Round

A great backyard doesn’t need to be huge, expensive or perfectly styled. Most of the time, the spaces people actually use are the ones that feel e...

How Homeowners Can Make Smarter Energy Decisions Before Upgrading

Energy upgrades used to feel like something you only looked into after a power bill gave you a nasty surprise. These days, though, more homeowners a...

Why Retail CX Breaks During Peak Sales Events and How to Prevent It

Retail customer experience has become one of the most important drivers of revenue growth, especially during high-intensity sales periods. However, ev...

15 South Indian Dishes Everyone Should Try

If your only experience of "Indian food" is butter chicken and garlic naan, South Indian cuisine is going to feel like discovering an entirely new c...

What Every Homeowner Should Know About Roof and Drainage Maintenance

A home's roof and drainage system work together every day to protect the property from water damage. While many homeowners focus on visible areas such...

From Plans to Priced Quote: The Estimating Workflow Most Builders Skip

For a small one-off job, an experienced builder can size up the materials in their head. The problem is that most jobs are not small one-off jobs, and...

Organisational Experts Share Their Tips for Achieving a Clutter-Free Kitchen

They say the kitchen is the heart of a house which means a clutter-free kitchen not only makes your home in general look nicer, it also makes cookin...

10 Creative Ways AI Image Extenders Are Transforming Digital Content Creation in 2026

Introduction Artificial intelligence continues to reshape the digital landscape, and one of the most exciting innovations in 2026 is the rise of AI i...