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PROGRAMMING A CRYPTO TRADING BOT
People worldwide have been clamoring to trade in bitcoin and other altcoins since the start of the cryptocurrency bubble in early 2017. Problem is no commodity in the global marketplace has traders on duty 24 hours a day, seven days a week.
There are numerous reasons why businesses and individual traders might wish to create a crypto trading bot. It might be to enable them to buy and sell cryptocurrencies like bitcoin without physically conducting transactions. Another specific purpose for developing a crypto trading bot is to sell it to others for a price.
Trading cryptocurrency is particularly addictive due to the market’s tremendous volatility. Bitcoin prices can and have decreased by as much as 25% in a single day. While long-term investors may not be concerned about taking advantage of such movements, cryptocurrency traders can profit significantly from them.
The trading bot is the solution to this dilemma. For decades, firms have employed such bots to establish buy/sell prices on worldwide stock markets. Trading bots help to automate the process, alleviating the burden on businesses and traders.
Trading bots are software programs that communicate with financial exchanges via APIs. They actively watch exchanges around the clock and…
