Bitcoin Forum

Are there any exchanges that do not allow the use of bots in trading?

Thank you in advance for your reply.

I found on a number of places where a number of people are providing bots for trading on most of the exchanges. I will say that I found the bots of all exchanges which I know. people even use bot of nigger exchanges. I think none of the exchange will do that rule because the traders are using bots for the trade and the exchanges are in competitions and they will want that the traders come to them with convenience so they will allow that.

I think gdax didn't allowed to use bots or coinbase but only few altocoins are available to exchange from bitcoin to electrum or bitcoin cash or litecoin. Other exchanges are allowed to use bot trading.

Why you need a exchange site that don't allow bot tradings?
Local exchanges that I think would the best option.

It would be foolish for an exchange not to allow bot trading because bots put down huge volume..
I'm sure GDAX allows bots.. I trade GDAX on occasion and I bet anything those are bots chasing the 0% maker fee..
A quick google confirms..

Their is nothing wrong with bot trading IMO.. It's just another competitor, one that is often easily tricked and beat..

trading and exchanges is two very important factors in cryptocurrency world. when you trade then you waiting for exchange.

I heard about that about people using bot as an easier way of trading crypto currencies in fact some exchanges provides that kind of feature where you can automatically buy when the price hits the one that you've set up or sell when the market falls. I've seen it in some ads and some YouTube videos. But exchanges allows it for easier user experience.

I do not know about this transaction. Can you guide me? thank you

I think, about the availability of trader bots you better be interested in directly from the support team of exchanges

There are bots for almost any famous exchange, and most exchanges allow bots but make sure by reading their terms and conditions, also just a note many people think that bots are a way to make money with no effort but if you do not know how to make money trading manually then you are not going to make any money with bots since you need to know how to configure them and which crypto to trade.

Some exchange does have bots like that for trading and also to watch the flow and the direction in which the price of cryptocurrency are moving to. Bots usually do make trading and cryptocurrency monitoring easy, but in some case, it can make it also frustrating and misleading if the bots are not always updated regularly and fixed if error because it could cause misinterperating making traders to sell at the wrong price.

Most of the traders use bots to watch and make the trading themselves and you only have to check their updates, but be peaky on what bot application you are going to use.

Even if they allow the bot on trading I will still not use it because I know how to trade on my own and I can't take this kind of risk anymore. People should learn how to trade on the right way and don't depend on any bot. Anyways, some of the exchanges allow this thing just confirm it to the support team and ask hows the process of that.

I also don't trade with bot as well. I'm not against it but I feel that I needed to get my hands dirty specially on trading. And that's how we can experienced, which is very important in crypto trading. That's why its better to really to ourselves making the decision to sell/buy coins. Although bot has its advantage, I think only experienced and seasoned traders so used bot because they really now the impact of using it. But for inexperienced and casuals traders, its better to used your instinct to guide your on your trading journey. So to answer the OP, I'm sorry but I'm not aware of any exchanges that don't allow bots.

I do not see anything wrong with bot trading. A well programmed EA can function effectively in a trade.

Thank you for your comment. I'd like it.

So long as the bot is properly developed and equipped to react in diverse situations and make the best decision, it could prove more efficient than its human counterparts.

do you know where to find some bots for idex ?

No that is not true a human will always be better, the great advantage of bots is they can trade all day without a rest, which means they will see opportunities a human can't because he is resting or too tired to keep trading, but a good trader will always outperform a bot like the ones you can see being sold in the forum, so it is better to keep trading manually and use the bot when you are sleeping.

A simple inside-the-counter free bot yobit. Looking for currencies that can be bought for BTC and sell for USD with a profit. And vice versa. Automatically buys and sells.
https://infocollector.000webhostapp.com/bot.jpg
Download https://ru.files.fm/u/6jb9wswb#_ (https://ru.files.fm/u/6jb9wswb#_)

I think that almost all exchanges allow bots  trading. Although I do not use bots, I’ve heard that it kinds of deserve useful way in trading.  In fact, there are so many bitcoin trading Bots such as Gekko, haashbot, Zenbot, BTC robot and so on. Thus, probably  there is no exchanges that do not follow the use of bots in trading. Generally, I think everything’s in cryptomarket is equal and freedom. Bots also do have its potential profits, if you are smart, bot trading is such a good choice to get benefit.

I registered on YoBit and they have such thing as "order" where you set your targets for sell-buy, very useful BTW.

there are any exchanges that do not allow the use of bots in trading.. number of people are providing bots for trading on most of the exchanges.ibwill say that I found the bots of all exchanges which I know people even use bot of nigger exchanges and i think none of the exchange will do that rule because the traders are using bots for the trade and the exchanges are in competitions and they will want that the traders come to them with convenience so they will allow that....

i really hate bits, they are destroying the ups of the price.
i hope noone in the communtiy will use them as they are not good in the price.
realtalk!!!!

How much percentage of your bag can you hope to grab with a well-configured bot ?

Yes exchanges are full of bot always more accurate that are a ke to set actions based on sentiments and not only on simple market movement

The majority of all trading floors are now using the bot to adjust the price.

Using it is risky for your Money.
Maybe you do not lose money directly but indirectly through certain token low vol, as was the case recently BNB exchanges

I don’t think so that relying on the bot is a very good idea and that there is no way that you can make anything profitable by doing so. The bots cannot think like the way human brain does and that there is no such way that we can trust the bot and that too over the investments which we have made. It is better to keep practicing trading yourself and then keep putting in your efforts to make some good earning.

This is right, do trading on yourself based on your own technical analysis. It feels good to earn by using your own skills.

All current trading floor has a Bot. It helps stabilize the price.

There were several bots developed for the trading purpose. Very few functions with accuracy and to my knowledge it is good to go manually rather than depending upon bots. With bots everything is preprogrammed and it functions accordingly. It won't function respective to the current situation.

Hello guys I have asked about the bot trading.But I could not find a good source for that.Would u have such a good source would you like to share it with me here. I am really thank full for that. :)

as I know also the exchanges themselves use the bots for trading whereas you can see that a pump in binance also takes it effect in bitrex that`s to maintain arbitrage.

It is normal in this market. The floors are like to be most profitable.

Is that a kind of programming stuff like visual basic or what? I support on practicing trading in actual individual style, you only need a spreadsheet and smart thinking. Don't make it complicated and be calm on trading.

I am not in favor of any such thing named as bit trading and that is because of the reason that there can be no way that any of the bot can help you in making the right decision at tough times as they cannot think like the way normal human brain does. You must trust yourself and that you must work harder by gaining more knowledge yourself so that you may not blame anyone else in case of loss.

It will be more easy if you gave the name of the exchange in which you want to trade and then someone could give you a more detailed answer but I think it will be foolish for an exchange to not allow bots, bots trade every hour of everyday and can perform very small trades very rapidly and this creates volume which is a good thing for an exchange.

Bot trading is, unfortunately, the present and the future. Traders are not in demand anymore, as opposed to the 90s. Today, it's all about developers who can make the right algos and bots.

I like malairtebitcoin.com No downloading and you have access to trade all the altcoins

The bot do the floor laid out it helps an average price.

There are some exchanges that allows it. Cause it's much easier and convenient to use bot when trading you just have to set up the coin you want to buy then sell if it drops to the percentage that you've put to sell to cut losses. But sometimes this bot can be abuse and can be use to make fake trading volumes to raise a FUD and traders will do panic selling.

Bceм пpивeт.бoтaми xopoшo тopгoвaть?

I think all exchanges allow bots, or rather, they all allow automated trading. But of course, any suspicious trading activity, bot or otherwise, will probably be flagged by the system and related account banned/blocked/limited. Especially those bots that put up and take down orders so often, since this eats up server resources. You can be sure even employees run their own bots for automated trading on their own platforms.

With API provisions, I do believe most exchanges are not bothering about their server resources as they are making money with each and every trade. That is the reason most exchanges are loving bots and providing all the needed things to support automated trading.

Other than this, the efficiency of trading bots is more important  before we are choosing a right bot. Because trading bots are nothing but just predetermined program which will react as per the coding hence we cannot be sure about how they will respond to be a completely new market condition. Honestly I'm not recommending anyone to go for bot trading as it may lead to unexpected losses in an unexpected market conditions.

The bot's current floor trading was very popular in all the large trading floors.

Well,
Usually when an exchange doesn't want bots to be exist(usually makes us think that they are running bots and want their only bots to run on the system)- they simply just don't provide a public api to gain access to their server, which makes it much more harder to auto-trade in their system and it also makes it be illegal.
I can't think of any major exchange that doesn't accept bots because I believe that bots have a strong percent in the income of the exchange, and if they won't exist then only the exchanges are going to lose from that.

Oh, then you haven't experienced exchanges with low server resources. I remember how it was for Bittrex, I remember how it was for Poloniex when their servers simply got so slow. Bittrex even had to issue their changes several times, announcements like "small orders no longer allowed" or price must be within certain limits of current prices" or even "orders not filled after a certain time will be cancelled". And they admitted this was because of server resources. You think they'll allow bots who make orders like every second for a few Doges?

Not sure if there are exchanges that will not allow automated trading/bot trading. Every trade has a fee. The more the bots are automatically trading, the more the fee they are earning. So its a totally win situation for them. Also they help to increase the trading volume on their exchange, so why would they bother to stop the bots?

Any floor Bot is also available and very popular: Binance, Bittrex, Huobi, Okex.

Bits can prove to be efficient trading machines, as an EA can be programmed and fortified with data and strategy to react appropriately in any given situation.

For big exchanges, use of bot is necessary. How would humans handle tons of transactions round the clock without errors. Or do you have anything against the use of bots?

almost all small exchanges do notsupport bots, but why not bots, they are easier to use and handle lot of things.

Not all exchanges are allowing it, I've been using a local exchange and it's possible to use a trading bot to it though there are only 3 coins to trade.

But I'm sure about it, maybe the time that I've taken a look at it they are not allowing it and there are some changes right now.

Are you sure about this?

IDEX Bot Rules

We have introduced new trading policies to prevent abusive behavior that was degrading the IDEX trading experience. These policies apply to both bots and human traders alike and are implemented in an attempt to eliminate some of the unfair trading practices.

I think this link will the main root of your question ( https://www.reddit.com/r/auroradao/comments/7y35iq/idex_bot_rules/ )

Current trading platform Bot is very popular. It helps balance the price

I suppose the great exchange available now allows the use of bots to trade, nevertheless but I'm sure there are still exchanges that have not been touched by bots in the trade and maybe you can find them in a local exchange or a not so popular exchange. May be.

What’s the reason why you’re looking for an exchanger ghat doesn’t accept the use of bots? Makes no sense to me. There are lots of exchangers that allows that, so maybe you should probably go for any good one of those that are accepting the use of bots. As for which ones that are not accepting it, I don’t know single one. All the ones I know accepts it.

Uhm… yep. But they are making a mistake by not accepting the use of bots when the bigger ones are accepting it. There are lots of people who prefers to make use of bots cause it helps them a lot, and of course they are very helpful, especially for those who doesn’t have much time to spend in trading and all those stuffs, they can just put up a bot and let it work on it for them. Any small exchanger that’s not accepting it might be killing itself by discouraging members.

The trading platform now also uses the Bot. They use the Bot to adjust the price.

The file has been deleted. Can you update again? Thank you.

The current Bot is very much in the trading platform. Get acquainted with it.

It is very popular present. Be careful with the Bot.

I think that almost all of the trading or exchange sites have a bot because they are the one who manipulate the market. The market is based on how they are buying and selling their cryptocurrency. Just for my own opinion. Just always do some research on trading so you don't need to worry on bots trading in exchange sites. It is good to know everything in trading so you can have a lot of knowledge to earn profit.

Mostly traders dont waste time on manual trading and set bot to do this job , so exchanges cant take risk of not allowing bot trading . it will result in loss of trading fees paid to the exchange . also i want to know why you need to know such exchange ? bcoz it do not affect other normal users at all . They dont force you to choose bots for trading , on all exchanges you can do trading yourself .

I think gdax and coinbase does not allow it

I've seen many traders use different trades on different exchanges by using volume signals to buy and sell in a very short time, profit is usually less than 3%. It is also a good investment and effective way that investors can apply.

I agree that bot has a lot of uses, but I still believed that there are traditional investors who do it manually. Perhaps they saw that its better for them to make the trades and make the right decision as compare to a bot. And there's one downside of using bot though, remember the hack on Binance? The hackers used to exploit a bot that's why it was able to penetrate and made a sell. However, Binance was too quick and realize what's going on so they halted the withdrawal in time, resulting to the hackers losing money.

Well I can't literally say here that bot trading are safe. Imagine they are just bots keep telling their selves that it is for the exchanger. It is safe that you trade your own tokens or coins no matter what because you decide whether you hold or sell your money.

There are few alt coins that are available for the exchange.

There is clearly nothing with the bot trading and it is nothing but the competitor.

Many traders uses bots to watch on the activities.

Bots put down a lot of volume and it will be a bad idea to put this thing down.

The two most important factors in crypto currency world is trading and exchanges.

The top exchanges normally frown at the use of bots for trading, they normally disable such when they discover it. Do trading bots actually work,earn you money?

Lol. If they would disable bot activity, they would lose close to 90% of all their volume. The crypto market is more than ever a bot ruled market, and exchanges have no problems with it as long as these bots generate volume and fee income, because that's why they operate, it's a business.

People suck at trading, bots may suck too, but less than people so percentually you are more likely to make profit by having an algorithm trade for you.

It is a good tool or the device to see the various activities that are happening.

Trading and exchanges are the most powerful words in this universe.

Many private exchanges use bot to increase and keep hogh the price of tokens.
At the same time there are many bot for trading that manage your money setting risk profile.

It is not a great idea to put down the bots and you have to be careful with that.

The alt coins are there that are kind of available for the sale and you can buy it.