No matter whether you are new to cryptocurrency exchanges or feel right at home there, you will surely benefit from special software designed for crypto traders. These programs save time and effort of zillions of users who trade on lots of reputable platforms such as Bitstamp. Bot trading is nothing new: such programs have long been known. What is more, they constantly evolve, becoming ‘smarter’ and more profitable for their users.
Besides, most are pretty user-friendly; even if you are a novice, you’ll easily create and set up a bot for Bitstamp or some other resource.
Multiple Take Profits
Order size in % or fixed amount ($)
Any signal from any Source
Automated move to breakeven
Bitstamp is among the oldest crypto exchanges: it exists since 2011. The company itself is headquartered in Luxembourg; it has gained an excellent, time-proven reputation.
This exchange allows deposits and withdrawals of fiat currency (USD, GBP, EUR), and multiple cryptocurrencies (BTC, BCH, ALGO, ETH, LTC, XRP, UNI, XLM, MATIC, USDT, to name a few).
In order to protect the monies from hackers, Bitstamp keeps 98% of its assets in the cold crypto storage (offline). Only a small portion used for everyday trading is transferred to the hot (internet-connected) storage.
Serious professional traders appreciate its stability, security, and API connectivity that’s among the fastest and most stable in the industry.
Needless to say, data streams in real time are available here 24/7, and so is customer support.
Bitstamp’s mobile application is much-praised and highly rated. It provides full trading functionality, so that you could place orders and manage them, deposit and withdraw funds, check the charts, etc. – from anywhere in the world.
As to the drawbacks (nothing is perfect, you know), it should be noted that Bitstamp lacks some well-known cryptocurrencies. You can’t trade Avalanche (AVAX), Solana (SOL), and Polkadot (DOT).
Traders often buy and sell crypto at multiple exchanges. Already having a bitcoin trading bot on Bitstamp, you may want to try other platforms. You can do it in two ways: either create a number of user accounts, one per exchange, or have just one – on Wunderbit platform, which will give you access to thirteen exchanges from the same account.
With Wunderbit’s cutting-edge tools, plenty of useful info, graphs and charts, updated in real-time, articles and tutorials, you can quickly gain experience and have every chance to succeed.
Copy trading is one of the functions, which are especially popular with beginners. It enables a novice to follow actions of an expert. Such experts are called signalers; their track records are available to all, so you could pick the most successful ones and subscribe to their signals. After that, whenever the expert makes a transaction, it will be automatically copied to your account.
When buying or selling crypto, you should be well aware of the fact that this market is extremely volatile. Prices are ever-changing, which means that there’s always a chance of either gaining or losing.
If you want to get a smaller yet more reliable source of revenue, you may try arbitrage – profiting from the slightest differences in prices for the same asset on different exchanges. When you set up your Bitstamp arbitrage bot, it will spot favorable moments much quicker than any human being.
All in all, using functions available on WunderTrading could help you trade faster, easier, and more efficiently. More than thirty-nine thousand of people have tried it and are satisfied with their performance. Join them now!
To send TradingView alerts to a Bitstamp, you'll need to use WunderTrading to bridge the gap between TradingView's alert system and the exchange's API (Application Programming Interface). This can be done in 3 simple steps.
1. Create API Keys: In your Bitstamp account settings, find the API section and create API keys. API keys are essential for connecting external services like TradingView to your Bitstamp account. Make sure to set appropriate permissions for the API keys, typically limited to trading and perhaps account information access.
2. Add you API Keys to WunderTrading: This will establish the connection between the Bitstamp and the bots that you will create.
3. Configure Alerts in TradingView: Open your TradingView chart. Click on the ‘Alert’ button. Configure the alert conditions (e.g., price level, indicator crossover). For the ’Webhook URL’ or similar option, enter the URL provided by WunderTrading.