BestRate is the leading cryptocurrency bot in handling large volume trading with good speed and transparency. BestRate Company is known to be one of the best aggregators of crypto exchanges and crypto gateway.

The company thus provides trading bots and smart order routing algorithms to execute the exchange of large amounts of cryptocurrency. The following are some of BestRate’s significant features.

The best algorithm for exchanging big amount of crypto

BestRate provides the best algorithm for those who want to exchange a large sum at the best rate without engaging in a lot of manual labor.This bot uses simple tactical algorithms to accomplish the order.

These algorithms include Smart Order Routine (SOR), which helps in finding the currently available best liquidity based on multiple criteria including cost, speed, reliability, and the available liquidity.

The next algorithm is Iceberg, which shows only a small portion of the order to minimize the market impact. The third algorithm is PEG, which automatically changes the order price depending on the current market price up to a specified limit.

BestRate also offers algorithms that are more complex for very huge crypto amounts that require much time to accomplish. Such algorithms include time-weighted average price (TWAP); Volume-weighted average price (VWAP); Multi-regional VWAP; and Long-term liquidity seeking.

Fast Transactions

BestRate bots work with the speed of light when executing a trade in minutes. According to the bot designer, it may take 5 and 20 minutes to process a transaction via BestRate bot. Most orders, especially those involving low amounts of cryptocurrency may take just a few minutes to be processed.

Accurate market analysis

BestRate is capable of analyzing significant market parameters including prices, orders, volume, and time. When making trading decisions, BsetRate takes into consideration the actual rates at the crypto exchange, liquidity, and historical data. As a result, the bot brings the trader more profit for each order.

Trading terminal for multiple crypto exchanges

BestRate is an aggregator of crypto exchanges. It offers Unlimited APIs. No matter how many crypto exchanges the user’s account has, they can integrate all of them and navigate easily.

BestRate algorithms monitor the current rate at the top exchange platforms and conduct the transaction through the best ones. Therefore, the bot ensures that the user gets the best deal across the exchanges. This practice often results in more profits.