Tailor Made – Create Trading Bot

Cryptocurrency Market is a very lucrative one. To make it stable and user friendly, we create trading bots.

Trading bots have dozens of functions; these are providing ability of trading 24*7, providing volatility to the trading market, placing orders at bolt speed, setting a limit of investment over loss and profit on daily and monthly bases and many more.

Over all, it is a trading bot, which is creating the whole cryptocurrency market more automated and customized. It boosts itself as well as the cryptocurrency trading market, too.

What is Trading Bot

Trading bot is a software, which is programmed or designed to identify trends in cryptocurrency market and as per that information, it automatically executes trade.

As per the need, users can program a trading bot with some set of rules. It takes the authority over the buy and sell button and trades as per the pre-preprogramed rules that are customized by the users.

How to Use Trading Bot

One can purchase the trading bot from different exchanges and sites. They just have to purchase the licensed version at some fee. The fee depends on the customization of the trading bot. Those are providing more functions will be costly.

Once you purchased the trading bot, you could get access over its all functions and set it as per your need. You can hide and add some of the features.

The trading bot creating platform and companies are also providing upgrading features. For that they might file some charges or may be provide it free. It will depend on their policies.

If you want to create trading bot as per your desire than you have an option of trading bot development. But for this, you need to have a knowledge of one of the computer languages.

One can programmed a trading bot with any language, but the most used languages are Python and JavaScript (JS). If you have a look over SlashData of Q4 2018, you will find that JS and Python are the most commonly used programming languages to build trading bots by developers.

How to Create Trading Bot

Before creating a trading bot, one should follow some strategy. There are many strategies which will help you to develop highly cost-effective crypto trading bot.

There are some strategies like arbitrage, trend following and many more. In arbitrage, trader can differentiate between the price rates of cryptocurrency at different platform.

In trend following strategy, one can creates trading bots, which will analyze the trend of a particular cryptocurrency and as per the trend, it executes the buy and sell process.

Create Trading Bot from Open-Source Platform

One can create trading bot by itself or can purchase it from different open-source platform like Desofttech and many more. Desofttech provides the trading bots which can functioned over numerous exchanges, like Bitfinex, Binance, CoinBase and many more.

You can just login over Desofttech or other open-source platform and order a trading bot as per your desire. You will get its access after paying the fee of that particular bot.  

After that you have to create an API (Application Programming Interface) key over your exchanges. And then you need to provide this key and secrete to your trading bot to access the API. API is very important because it allows the trading bot to receive and send data from exchanges.

One should not share this key with anyone, because with the help of this key anyone can take over your trading bot. After that, one can trade on your behalf and make withdrawals without your permission.

This is the easiest way to create trading bot. This is because, it doesn’t need a tech knowledge. Because, here you have to share your requirements and the open-source platform will create trading bot by going over through your requirements.

If anyone have the knowledge of programming languages then one can create trading bot from oneself. This will we discuss deeply in different article.

Trading-view strategy connected with binance bybit and bitmex

Cryptocurrency Market is a very lucrative one. To make it stable and user friendly, we create trading bots. Trading bots have dozens of functions; these are providing ability of trading 24*7, providing volatility to the trading market, placing orders at bolt speed, setting a limit of investment over loss and profit on daily and monthly bases and many more.

Binance New Coin Sniping Bot

Cryptocurrency Market is a very lucrative one. To make it stable and user friendly, we create trading bots. Trading bots have dozens of functions; these are providing ability of trading 24*7, providing volatility to the trading market, placing orders at bolt speed, setting a limit of investment over loss and profit on daily and monthly bases and many more.