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WhiteBIT announced an update to its AI-powered trading assistant, WhiteMind, increasing the maximum number of simultaneously running algorithmic strategies from three to twenty.
WhiteBIT has updated its WhiteMind trading assistant to allow users to run up to 20 algorithmic trading strategies simultaneously, expanding from the previous limit of three. WhiteMind utilizes an AI-powered system that generates, validates, and suggests trading strategies based on user-defined parameters such as budget, leverage, and risk preferences, with each strategy executed through an isolated sub-account for risk management. While the accompanying blog post provides a detailed overview of WhiteMind’s functionality—including strategy discovery, historical performance comparison, and ongoing monitoring—it currently describes a maximum of three concurrent strategies. The newly announced higher limit appears to be a recent or forthcoming change not yet detailed in the published documentation.
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WhiteBIT is a cryptocurrency exchange offering a platform for spot, margin, and futures trading, as well as simplified trading for beginners. Users have access to Bitcoin, Ethereum, Litecoin, Ripple, DASH, and a broad selection of altcoins, along with several fiat currencies and investment options such as Crypto Lending. The platform includes a TradingView-powered web terminal, a mobile application, fixed trading commissions, and a standard referral program; more details can be found in the broker profile on Traders Union.
For context, our earlier news reported that WhiteBIT received conditional approval to operate in the UAE, pending acquisition of a full license. Read more details in the previous WhiteBIT update on Traders Union.