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Trading cryptocurrencies is a lucrative opportunity for many.
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Time waits for no one and the crypto exchage market is no exception. A
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Fortunately, technology has made it possible for the traders to automate the exchage process including market analysis, order execution,
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Automated trading

So, automated trading is a method of participating in crypto or stock markets by using a
program that executes pre-set rules for entering and exiting trades.
As the trader, you will combine thorough technical analysis
with setting parameters for your positions, such as orders to
open, trailing stops, trailing stop loss orders, take profit, etc.



Automated trading methods enable you to carry out many or multiple trades in a small
amount of time, with the added benefit of taking
the emotion out of your decisions. That's because all the rules
of the trade are already built into the preset parameters.
With some algorithms, the traders can even use
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Automated crypto trading relies on algorithms which are actually the set of instructions used to
solve computational issues. In the crypto sphere, algorithms can trade digital assets on behalf of the traders.
And, the programs which use algorithms to trade are the bots.
The best platforms offer a variety of bots to the traders
which work based on preset conditions, signals, market analysis, and more.
Usually, trading bots use APIs that help traders to interact with multiple exchanges.

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