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A crypto trading bot is an auto-trading software that uses algorithms and mechanisms to monitor and analyze crypto markets. They read signals and make decisions on which order to place for optimum profit. These bots had proved efficient and helpful to investors in several areas:
First, they are more effective than humans are since they can handle a huge amount of data within a short time. They can scan all information available on a particular digital coin and execute a trade, within seconds.
Secondly, these bots follow a buy/sell signals. The signals help the bots to place orders leading to bigger profits while avoiding orders that are likely to result in losses.
Third, these bots can work round the clock. Finally, robots maintain discipline while trading by eliminating the effect of emotions. Emotions can lead you to inappropriate buying and selling practices. Wrong choices lead to losses. By solving all these problems, crypto bots have proved a blessing in the crypto market. One of such bots is Exchange Valet.
ExchangeValet is a set of cryptocurrency trading tools that enable users to manage their crypto portfolio more efficiently. ExchangeValet is an emerging tool that is continuing to grow in popularity. It provides users with a wide range of more comprehensive tools than those of other major exchange companies. It enables investors to maximize their opportunities.
This platform allows anyone to experience round the clock automated trading. It allows the users to trade a range of digital assets supported by Bittrex and Binance crypto exchanges. They can automate their trading activities on these exchanges through API key connections. They can incorporate features such as email/mobile order notification, portfolio tracking, and other range of options. The platform incorporates popular trading tools such as simultaneous stop-loss and take-profit orders.
Here is a summary of what you get when you subscribe for Exchange Valet plans:
The team behind this project designed Exchange Valet with ease-of-use in mind. However, the process of downloading or running the app may be challenging for first-timers. It requires some time to get used to the platform.
The 14-day trial period is a good plan for you as a starter since it allows you to explore the program. In addition, a customer support team will explain to you numerous aspects of using the platform.
Also, an FAQ section, video tutorials, and written guides will help you to catch up.
The team behind Exchange Valet is concealed. However, the project has some features that prove that it can be trusted. The bot does not require the users to submit their banking or credit card details.
ExchangeValet does not have any access to your crypto holdings. It can only access your account through the API key connection. Therefore, it cannot withdraw your funds. It simply connects with your account and only performs trades. Exchange Valet services run on the google cloud platform.
All data is fully encrypted under the AES-256. Also, The platform also complies with ISO 27001, ISO 27017, and ISO 27018 standards.