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imageThe process may vary from exchange to exchange, but CryptoHopper provides thorough resources on linking your account to various exchanges on their tutorials page. In order to link your exchange account to your CryptoHopper account you need to enter your API key into your CryptoHopper account. This key is found on your exchange account setting. Essentially CryptoHopper works by executing trades for you on whichever trading account you link it to.

Cryptohopper is a robotized crypto trade bot exchanging bot. The main components of a strategy are buy and Kucoin sell methods, which define when the bot is allowed to place orders. Gunbot comes with many free strategy presets, these are ready to use after making minimal changes - like configuring how much it is allowed to spend. Every trading pair can be assigned a single strategy. Different pairs can use different trading strategies. Strategies are specially adapted for spot and futures trading.

You can create an unlimited number of custom strategies. A strategy in Gunbot is a set of rules that define how it trades. Every strategy can use a number of protections, like setting custom gain and stop limit values, limiting the number of sell orders before trading is halted, prevent buy orders above the last sell rate to protect against buying in surging markets. Strategies can be assigned to one or more trading pairs.

With trailing you can maximize profit from any position. On futures, you can choose between mean reversion or trend following variants of individual strategies. The exchanges listed below are tried and tested. These can be used for free next to other exchanges that do need an API slot. Most popular exchanges work with Gunbot. Some partner exchanges don't require an API key to be registered: okGunbot, Gunthy, Beaxy and Txbit. New supported exchanges are regularly added.

imageAdditionally, lesser known spot exchanges are supported through the CCXT library, Kucoin these might not have the same high level of reliability yet. This can be achieved either by buying your coins on one exchange, and then transferring your funds over to another exchange, and If you liked this post and you would like to obtain much more information concerning crypto trade bot kindly visit the web-site. selling them for a profit, or doing it all within one exchange, because the exchange is going to do the transferring for you, keeping the entire process simple and fast. KuCoin's interface can be slightly daunting for new users, but once you learn your way around the platform, you will love the low 0.1% trading fees and the abundance of trading tools available.

These are my top 3 reasons to recommend KuCoin: I am really impressed with the range of services and coins available on KuCoin, and I can see why it is so popular around the world. Once your exchange account is linked to your CryptoHopper bot it will then execute trades according to the settings which you have applied to it. While the process is automated, there is still oversight required on your part, as a bear market could suddenly result in the bot performing trades which net a negative result.

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