The crypto trading software bots :
They share some of the crypto bots that have been tested, and some of them are working. Also, they’ll share some of the gritty you need to know to avoid losing money when using crypto trading software, right? So there are different kinds of crypto bot software out there. Some of them require you to have specific trading skills before using them. Some are advanced, which is ideal for advanced users who want to automate their crypto trading strategies. And then there are a few that trade on your behalf; it’s entirely autopilot.
However, one thing is shared among all the crypto trading bots. I don’t remember you giving your cryptos to them. Your crypto stays in your exchange. Only you connect with this crypto trading software using your API key. You do not permit to withdraw your cryptos to keep your cryptos safe. And then these bots trade on your behalf. Now you focus to learning that bot is as good as the master and the person coding that crypto bot give annoying results in specific market scenarios. So that is a threat that you be conscious of. Now, the difficult part is searching a crypto bot works, and then there are other strategies that a lot of different bot users.
Now you need to find a bot that works for you. So will share some of the crypto trading bots they’ve been using. And some of them feel pretty comfortable using them, and they have been bringing some excellent results. let’s guide, let’s check out other of in crypto bots.
Commas in crypto trading software :
So the very first one is three commas. Commas have been around for many years and are one of the most popular crypto trading software. They have three trading bots. There are two which they have played with, and they found them to be very profitable. One of them is the GRID bot. Now, the GRID bot works in the sideways market when an instrument is in a particular range.
And what it does is scalp the grid to create profit for you. Now, in research, you’ve been getting a return of 1% every day with the grid bot. Another bot, which is very popular on three commas, is the DCA bot and especially one using the composite feature. You can generate and earn a significant amount of return. Now the good thing about three Commas is they offer three days trial. Plus, they have a paper trading account. So you don’t need to put any money that you have money. Initially, you can trade using people, trading its simulated trading using virtual money, and you can try to learn about this trading bot. Find them, find a winning strategy for you.
Again, using three commas requires basic skills in looking at the chart. If you don’t have them, it would be a little problem. Then you need to look at the other trading bot; if you have never signed up for three comments, you can find the link, go for a three-day trial, and start with paper trading. The second one is bit universe; bit universe is a free crypto trading bot platform. It connects with your exchange and trade on your behalf. It has many exciting trading bots. The one that I like is the grid bot. Again, it is the only platform that offers a free grid bot feature. It also has an AI feature that automatically suggests the upper and lower ranges.