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Bitcoin is a rather secure cryptocurrency, however people still try to conduct creative and tech-powered steals. As such, it is crucial to consider the security of the trading bot before using it.
FREMONT, CA: The trading bot is a piece of software designed to analyze the cryptocurrency market trading data. It can be customized according to preference and will analyze the market and trade automatically.
Here are five factors to consider when choosing a crypto trading bot:
Gunbot has inbuilt strategies such as Bollinger Band, Ping Pong, and Step Gain. It comes with three package plans at different prices.
This trading bot is configured to deal with the volatility in the market, so it is essential to pay attention when trading and turn it off when volatility spikes.
The 3Commas bot comes with a unique feature called trailing loss and trailing profit. The trailing feature allows the bot to analyze the market conditions and ensure that the coins are sold at the right time to yield the maximum investment return.
The bot also offers standard features like stop loss, take profit, automatic trade, and such and is hosted online, making it always available. It can be accessed from any internet-connected device from your account on the website.
The bot can be paired with popular crypto exchanges, including Binance, Kucoin, Bittrex.
Crypto trader is a popular Bitcoin trading bot among traders. It is mostly cloud-based, so it does not require installations on a physical computer and can be modified by the users for more rewarding outcomes. Algorithmic trading modifications can be made to the bot in a few minutes and is easy for any new users with a little guidance to hack the process.
The bot comes with a strategy market feature that allows trading strategies with other traders. Another feature is a back-testing tool that allows users to test the trading strategies against back-tested data and current market conditions. It is supported by exchanges like Bitstamp, BTCC, and Coinbase.
Cryptohopper can continue trading when the computer is offline, as it is the only cloud-based cryptocurrency bot on the market.
The trading bot embeds external signallers, enabling new and inexperienced traders to let their bot trade on autopilot with the help of the signallers. Experienced traders can take a manual approach by configuring sales based on various technical indicators.
It also provides back-test, trailing stop loss, use multiple exchanges to trade, and a pleasant user interface.
NapBots.com is a cloud-based platform powered by AI that is equalizing trading techniques, previously reserved for hedge funds. Their algorithmic crypto trading bots is supported on major cryptocurrency exchanges like Binance, Bitmex, Kraken, Bitfinex, Bitstamp, Okex, Bitpanda, and so on.
It has a user-friendly interface and makes it easier for new users to get started. With NapBots, instant crypto bots can trade simply by connecting with a user’s favorite crypto exchange, pick strategies from their library, and the autopilot will do all the work.
This bot is the only one in the market that allows a user to build a mix of strategies to manage savings. Users can autopilot the trading bot from their smartphone and change the budget allocation freely.
By connecting the bot through API by permitting to trade on exchanges and on top of that, a user’s money never leaves the wallet.
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