Thousands of people all over the world trade on crypto exchanges, and even more feel like trying it.
No wonder that most newbies tend to choose large reputable platforms, such as Bitfinex, founded in 2012. As to professionals, they do appreciate a large array of trading options this exchange offers: margin accounts, spot trading, paper trading, derivatives, to name a few. Advanced order types are supported there, and a large number of investment features are offered to experienced users.
Bitfinex is also highly praised for its pretty low trading fees (below 0.20% in most cases) and its mobile app, which is user-friendly indeed.
To the deep regret of the United States citizens and residents, Bitfinex is not available in the USA.
Automated trading also has been gaining popularity with beginners and seasoned professionals alike. Using special software called trading bots saves time and effort. Unlike human beings, computer programs could be active round the clock. If configured properly, they could be really effective.
However, everyone should remember that investing in cryptocurrencies might be highly risky: the market is extremely volatile. So, it is a good idea to be cautious when making financial decisions, no matter whether you trade manually or use automated tools for it.
Bitfinex is one of the largest and most popular resources, where you can buy and sell cryptocurrencies, but it’s much more than just a crypto exchange.
Along with an impressive set of advanced crypto trading features, Bitfinex offers opportunities of peer-to-peer financing (i.e., margin trading and funding), OTC (over the counter), and derivatives trading for lots of digital assets. All these features are accessible from Bitfinex API. Trading bots will come in useful here as well. For example, you can create and customize a Bitfinex funding bot.
As you probably already know, margin funding is especially suitable when you pursue low-risk investment strategies. You won’t take the risks of trading; instead, you earn interest on your capital by lending your funds to the users who wish to trade with leverage.
But please note that from 1st January 2022, only users with Basic Plus Verification level and above can become funding providers on Bitfinex.
Being an intermediary between users and crypto exchanges, WunderTrading provides numerous handy features with the main focus on automated trading. It can boast of 39,000 users and more than 8,000 cutting-edge bots; the 30-day trading volume equals 350 million US Dollars.
On this platform you can create, say, a free Bitfinex trading bot in a few minutes. Using it from your account at WunderTrading, you can apply your strategies 24/7, saving plenty of time.
Novices often prefer copy trading – for a quite simple reason. It enables them to follow suit of experts with proven track records, mirroring their actions. All you need is to subscribe to their signals and set up a bot. Exhaustive tutorials and round-the-clock customer support will help you do this quickly and effortlessly.
Besides, from a single account on this platform, you are able to access as many as thirteen large and renowned crypto exchanges. They are: Bittrex, Binance, Binance Futures, Bitpanda Pro, BitMex, ByBit, Deribit, FTX, FTX US, HitBTC, Huobi, KuCoin, and Okex. It means that you can place orders on any of them from the one interface, which is handy and time-saving indeed. Managing bots on multiple resources also becomes as easy as ABC.
Make the most of the latest technologies – trade automatically!