What is Crypto Trading

Crypto trading can be complicated. There is a lot to know. Research and chart analysis takes up much more time than you might think.

Crypto trading is a sophisticated crypto trading tool that can help traders' lives and take the burden off their shoulders. A crypto trading bot is easy to set up and can take care of most of the work.

What is a crypto trading bot?

A crypto bot is software that scans the market for opportunities and makes a profit. These bots are more agile and nimble than any person can ever be, making them a great tool for your team.

Crypto bots can monitor multiple markets simultaneously and identify opportunities in a matter of seconds. The bot can find a trade opportunity and execute it in a matter of seconds.

A crypto trading bot is what you want to be. It's easy to set up.

How does it work?

There are many types of cryptocurrency trading robots that can take advantage of different situations. Each bot is limited by its purpose and how its owner set them up.

You can bet that a trading bot is available for any market opportunity that appears frequently.

Which crypto trading bots are available?

Trust is required for crypto trading bots. You must trust that the bot has access to certain parts of your exchange account.

We have four trading robots at Liquid that we recommend because they have been thoroughly tested and have passed our due diligence. These are Hummingbot and BitUniverse, as well as Coinrule (and most recently Quadency).

Hummingbot

Hummingbot, an open-source software client, can be used to create and operate crypto trading robots on Liquid or other popular cryptocurrency exchange platforms.

Hummingbot has recently announced a partnership. Hummingbot will integrate Liquid Exchange so that you can use automated trading strategies to execute on Liquid. This integration will open the door to future liquidity rewards programs.

There are three types of Hummingbot bots you can create:

Arbitrage

A bot for crypto trading that searches for opportunities to buy and sell assets at a lower price on different exchanges.

Market Making

You can operate a bot to provide liquidity for order books by maintaining buy/sell orders.

Mirroring

It is a combination of market-making and arbitrage. The bot copies liquidity from one exchange into another.

Quadency

Quadency, a cryptocurrency trading platform, is loaded with powerful and easy-to-use tools that will help you manage your investments and trades. All the information you need to make informed decisions, draw conclusions and implement them from one dashboard.

Portfolio management

You can take in a complete portfolio overview including assets in offline storage. You can track the performance of your portfolio over time with detailed portfolio analytics and trading statistics. For extra clarity, flip the switch to put the portfolio in native currency mode if you feel lost.

Automation

Quadency lets traders set up trading robots to automate and streamline the trading process. You can create your own trading strategies, or choose from pre-built ones. Then you can customize them to your specifications. Before putting your strategies live on the crypto market, you can test them in a safe and risk-free environment.

News and research

Financial decisions should always be based on thorough research and sound reasoning. Quadency offers a news feed with high quality that is curated by industry experts and respected publishers. This keeps traders informed.

BitUniverse

BitUniverse makes trading easy. It is a customizable crypto trading bot and portfolio management tool.

BitUniverse's trading robot is known as a Grid Trading bot. This allows you to profit from market swings.

Grid Trading Bot puts you in complete control. To capitalize on market swings, you can set up ranges in which the bot will buy or sell. Let's take a look at the process.