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Nowadays, automated crypto trading has become really popular. No wonder: when trading crypto, automation can be an extremely handy tool, if used right. Why it is so?
To begin with, a crypto trading bot will react to the changes on the highly volatile crypto market much faster than any human being is able to â simply because it is a piece of software. It means that if you set it up properly, it will be more effective than a live trader, even if it sounds somehow upsetting for us human beings.
Also, software has no emotions. It never hesitates. It doesnât get tired or distracted.
Well, this software â and in fact almost any computer program - has a drawback: it actually is âa quick idiotâ rather than a genius. It acts according to the certain algorithms and canât change the pattern. It does only what you have told it to do â and nothing more. Thatâs why, configuring your bot is of great importance: virtually everything depends on it.
In addition, much depends on the right choice of the resource youâre going to register on. Many people, especially those who are only going to try this thrilling new activity, ask themselves the same question, namely: what is the best automated crypto trading platform? Well, it depends what you mean when you say the best. Is it âuser-friendlyâ? For a novice, ease of use is crucial. Every new activity takes some time to master basic skills, not to mention getting experience. Greenhorns are just at the beginning of their journey â extremely difficult, yet exciting.
When the prices on the market oscillate, making decisions quickly becomes a tricky task. Itâs a skill that it takes time to obtain it.
Needless to say, the best way to learn something is copying actions of someone else, who is more knowledgeable and experienced than you. Here is when a copy trading function is of great help. On Wunderbit performance records of the most successful traders are completely transparent. You can subscribe to so-called signalers - trading experts, and instantly make the same transactions as they do. It is just what you need if you are a new user.
But the most important factor when choosing the resource for, say, automated bitcoin trading, is its security and reputation.
Wunderbit, which exists since 2018, has already became popular indeed. The platform specializes mostly on automated and copy trading. Here you can create the best bitcoin trading bot in a few minutes - using TradingView.
For those who place orders manually, there is a cutting-edge terminal with an intuitive interface. From a single account, you can access as many as thirteen reputable crypto exchanges.
Transactions on Wunderbit are pretty fast, take no more than ten minutes, which is also important when you are choosing an optimal resource to buy and sell crypto. And, of course, it offers high level of data protection.
Along with two-factor authentication when you access the platform, you will be asked to verify your identity before buying currencies - this measure is taken to prevent money laundering and fraud.
As you see, Wunderbit is the best resource, both for beginners and experts. Try it and see for yourself!
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.