In cryptocurrency markets, this work is done by the market maker bot, using this type of robot, purchases and sales are made automatically, and prices gradually reach equilibrium.
The bot analyzes the price of thousands of pairs of cryptocurrencies simultaneously and quickly in two different exchanges. It identifies the group of coins with potential arbitrage profit in the exchanges.
A trading bot's performance is no different from that of humans. A trading bot is software that connects to an exchange and sends human commands to the exchange server. This software does not commit any illegal or fraudulent acts.
In general terms, a fork is a change in the original code of a cryptocurrency or a cryptocurrency platform intended to modify written code to create variations in the system. it can be done without major impediments.
Stablecoins aim to provide fixed prices. Given the great volatility of the market, cryptocurrencies do not allow maintaining the size of an investment portfolio or multiplying it in the long term. That is why the idea of stablecoins arises, to offer investors relative stability in the market.
NFT is an abbreviation for "Non-Fungible Token". They are digital certificates of authenticity. Therefore, it is a unique asset that allows you to buy and sell ownership of digital items. These items can be anything digital, such as an image, a video, a drawing, a song, or a tweet.
Wallet plays an important role in technological advances in cryptocurrency. We cannot forget that Bitcoin and other cryptos work completely decentralized. That is where the importance of wallets lies since they allow control to the user who acquires them.
Ledger is a key concept in cryptocurrency and is the core of blockchain technology. In this article, we will see what a distributed ledger is, what it consists of, and how it is linked to a blockchain. After this article, you will be able to answer your questions about the ledger.
The automation of many exchange services makes it possible to communicate with them by computer language. different software can be connected to large exchanges such as BitMEX and make processes easier and faster. It is done via the API.
Blockchain is a technology that large companies worldwide are using and developing, Imagine that a series of large companies and entities come together to make common development in open blockchain and promote the ecosystem. Well, that's exactly what Hyperledger is.
The blockchain is like a recorder's book. This unique and unalterable registry is distributed in several network clients (called NODEs) where each block stores information about that block, valid transactions, and its relationship with the previous and next block.
Currently, there are multiple ways to earn money directly in Bitcoin (BTC) or Ethereum (ETH), although not every alternative is suitable for everyone. Some ways are easier or more accessible than others.
Win rate refers to the ratio of the number of profitable trades to the losing trades. This standard is one of the most important means that show whether the trader's strategy is correct or not.
Mining is a process that many people consider a method to make money. However, cryptocurrency mining has more important applications. It is used for many cryptocurrencies, including BTC and ETH.
NFT technology gained millions of dollars for NFT artists. Reports indicate that $ 2.5B was invested in the NFT in Q1 of 2021, which is very high for this cryptocurrency market. NFTs are non-fungible tokens that identify ownership of a real asset.
Trading is one of the best ways to earn money in cryptocurrency. However, professional traders know that not all trades are profitable.If you are a professional trader, you know that win rate is the ...
In bearish markets, even if crypto projects have positive activity, the price of that cryptocurrency will still go down. It is because of fear and FUD among holders and buyers.
One of these very suitable markets for profitability is the Range market. However, you should know that each market has its own rules and the rules of the range market are different from other markets.
Bots also have multiple features, and each bot may offer one or more options. In such a situation, many people interested in cryptocurrencies and trading do not know what bot is right for them.
what strategies the BitMEX AI trading bot is supposed to use? Since computer engineers write bot trading codes, its approach to trading is based on technical analysis.