Comment
Author: Admin | 2025-04-28
The need for human transaction execution.While some cryptocurrency bots use dubious methods that can be seen as immoral or illegal, others are obvious frauds. Examples include pump-and-dump schemes and referring customers to unlicensed brokers who could take your money and never provide a service. These bots may operate beyond the law. How To Choose a Crypto Auto Trading Platform? You need to consider the following criteria to select the best platform for your intention:Availability of market and company data: Every trading algorithm responds to real-time price quotations and market data. Specific algorithms may also be tailored to consider fundamental company statistics, such as P/E ratios and earnings. A firm data stream and a real-time market data feed are essential for any algorithmic trading platform. It should be readily integrated from other sources or provided as a built-in system feature.Connectivity to various markets: When working across several markets, traders should know that different exchanges may send their data feeds in other formats, such as TCP/IP, Multicast, or FIX. Your software should support different format feeds.An additional choice is to use third-party data providers like Bloomberg and Reuters, which compile market data from several exchanges and offer it to end users in a standard format. The algorithmic trading program ought to process these aggregated feeds as necessary.Latency: This is the most crucial element in algorithmic trading. The temporal lag that results from moving data points from one application to another is called latency. Think about the following series of actions. A price
Add Comment