Automated trading in a bull market, explained
What are the benefits of automated trading in the current market — and can they help mitigate volatility in unpredictable times? Our guide explains all. What are the tools that TradeSanta offers?The platform enables traders to connect their accounts to top exchanges, and set up a bot in under five minutes.TradeSanta supports a wealth of long and short strategies, and enables technical indicators to be used so trades are opened at opportune moments. The company also says it paves the way for large volumes of crypto to be traded without impacting spot prices.No two traders are the same, let....
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What do market corrections mean for crypto traders? And how can trading bots be used to an investor’s advantage? How to apply automated trading in times of correction?Investors looking to leverage automated trading must first select a platform, determine their strategy and begin implementation.With the rising of automated trading platforms, users now have a greater selection than ever before, each of which is designed to simplify the process for new and experienced investors alike.TradeSanta is a cryptocurrency trading bot used across the cryptocurrency industry, allowing users to take....
Understanding the difference between bullish and bearish markets can help traders minimize risk in their investment portfolio. How can automated trading software help out a trader in both markets?An automated trading platform can help users identify and execute cryptocurrency trades with less manual effort. It can be difficult for traders to find the time necessary to spend in front of graphs as they attempt to determine the right time to buy and sell. As a result, many have found that they have lost out on many opportunities since they weren’t on their computers at the right time.....
A recent report by Consensys says the surge in decentralized exchange (DEX) volumes in Q3 of 2020 is down to their adoption of the automated market maker (AMM). According to the report, DEXs that use AMM, a software that algorithmically creates token trading pairs, now represent 93% of the market. The good side of AMMs Already, as a consequence of using the AMM, Uniswap’s September traded volume topped $15.4 billion, a figure nearly $2 billion ahead than that of Coinbase’s. Prior to the surge in the use of AMMs, order-books were used instead. The Consensys Defi report asserts....
There are a lot of misconceptions about automated crypto trading. Some people think it’s some kind of magic, while others believe it’s a scam. Time waits for no one and financial markets are no exception. Especially in the uncharted territory of cryptocurrency trading, keeping up with the fast-paced changes in prices is key to success. A plethora of cryptocurrencies, a few viable trading strategies and numerous tools accessible to new traders may all cause confusion. Fortunately, technology has made it possible to automate several trading processes, including market analysis, predicting....
The international Pionex cryptocurrency exchange has been one of the fastest growing trading platforms in Asia in 2020 and it is now set to capture even more of the global market in 2021. What makes Pionex so popular is the trustworthy team of professionals behind it and the top notch automated trading tools that it offers for free to all clients. A Professional Crypto Exchange You Can Trust With so many platforms, exchanges and protocols competing for your crypto these days it can be hard to know which to choose. The number one principle that should guide you is to find a company you can....