Multi Crypto Exchange Auto Trading Mobile App Development Company
For More Details Please Contact
Call / Whatsapp: +91 7397224461
Website: www.icoappfactory.com
101, Kumaran Colony, Vadapalani,
Chennai -Tamilnadu
Multi Crypto Exchange Auto Trading
Mobile App Development Company
Automate
your Cryptocurrency Trading with our advanced Trading Bots to achieve a wide
range of trading goals. ICO App Factory is specialized in developing customized
Trading Bots to make the fastest and secure online transaction on a digital
currency exchange. Our cryptocurrency trading bot developers are well versed in
developing a feature-rich crypto trading bot with the most updated
technologies. There is no doubt that cryptocurrencies are highly volatile and
that prevents traditional traders from taking any risk. Such an inability to
make smarter predictions is one of the major roadblocks in the mission to make
it mainstream.
Subsequently, crypto exchange software
owners felt the need for a mechanism that would help investors in buying and
selling crypto assets at the most appropriate time. To solve this dilemma,
blockchain developers embraced artificial intelligence (AI) enabled apps that
can take crucial decisions on behalf of investors. This mechanism is known as a
crypto trading bot which is based on crypto exchange.
We provide the best crypto trading
bot development services aimed at meeting customer expectations and
satisfaction alike. We have a team of experts who have in-depth knowledge
coupled with vast experience in building & modelling the trading bots. We,
as a Blockchain Firm are well equipped to deliver a ready-made crypto trading
bot with commendable features that help you take on the crypto market.
What are the different types of Crypto Trading Bots?
Depending
upon the strategy and purpose, given below are the types of crypto trading bots
that are popularly used in crypto market transactions
Arbitrage Bots
These bots compare cryptocurrencies
and their values on various crypto exchanges and transact only on those
exchanges that offer the best value for investment. The only condition is that
the user needs to log in on each platform and should have parked the required
amount within the platform.
Market-Making Bot
A market-making Bot creates both
buying and selling bids in the market and it executes the transaction only if
both buy and sell conditions are matched. For example, if someone is selling a
digital asset for $1, the bot will offer the price of $0.99, and at the same
time bids for the same asset at $1.1. If both the conditions are matched in the
market, the transaction will take place and we will make a profit of 0.2 $.
Algorithmic Trading Bots
These bots execute transactions when
they receive a particular signal from the market and data analysis to either
buy or sell a particular quality in a particular market at a particular price.
Big investors generally use the trading bots who deal in big chunks of money.
This type of trading bot transacts in lots.
Portfolio Automation Bots
These crypto trading bots typically
work in a situation where the investor wants to continue investing in the
market and not looking to exit with profit-making. These bots help the investor
in maintaining the desired portfolio. This type of bot is not used for active
trading and is instead utilized for long-term investment.
Technical Trading Bots
Technical Trading Bots are the most
popular ones used on crypto exchange software these days. They are also known
as conservative trading bots since they work on the principle of the past
performance of the currencies. They predict future trends based on a comparison
between past and current data and make decisions based on assumptions.
Automated Crypto Trading Bots
Automated Crypto Trading bots are
built over the algorithm of GRID distribution. It distributes investment
proportionally within a trading range predefined by a trader. Each time a buy
limit order is placed, a sell limit order above that price will also be placed.
This results in faster transactions and quick profits. The only condition is
that there should be enough buyers and sellers in the market. Till the time the
prices remain under the predefined trading limits, the bot will keep trading
with each transaction making profits.
Today, many crypto exchange
development and consulting services are helping exchange owners tap the nerves
of the market and the investor. Moreover, the exercise nowadays is to run and
remain ahead as a crypto exchange with a large number of investors using the
platform.
Crypto trading bots are an essential
need for not just the platform owners but also the investors. Those who
understand this, keep their venture and investment ahead of others with these
small intelligent bots in crypto trading.
If you are planning to integrate bot
trading into your exchange or want to create new cryptocurrency exchange
software integrated with bot trading, ICO App Factory can help. We are
known for our business-oriented crypto exchange development solutions that help
start-ups and established organizations to launch crypto exchange software
fortified with different industry-leading modules like spot trading, margin
trading, derivatives trading, bot trading, and more.
Advantages of Crypto Trading Bots
Data processing at hypersonic speed
Cryptocurrency buying and selling
decisions rely on current and historical data which requires analysis to
determine the best time and place for the transaction. No human can calculate
the data at such speed and they can miss the best opportunity to sell or buy.
Crypto trading bots integrated into cryptocurrency exchange software solve this
problem as they analyze the data and the trends at hypersonic speeds and
execute the transaction at the best available value.
Reliable Technology
Since these bots are built on
high-end analysis and use quality coding for predictive analysis, crypto
exchange owners and investors can trust them. If an expert developer is
involved in building these crypto bots, they deliver a seamless experience and
accurate results.
Machine-led functioning
Since the bots are built on rules and
conditions, there is no scope for any emotional influence or human error. These
bots work only based on criteria that are approved by the user and
administrator. They only make decisions based on data analysis, which leads to
profitable transactions.
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