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Author Topic: Bot trading on Exchanges  (Read 554 times)
Midori_Team (OP)
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May 31, 2018, 08:42:40 PM
 #1

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

Thank you in advance for your reply.
Superways
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May 31, 2018, 09:46:27 PM
 #2

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.
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May 31, 2018, 10:32:09 PM
 #3

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.

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May 31, 2018, 10:38:48 PM
 #4

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..

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June 01, 2018, 03:11:14 AM
 #5

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

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

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June 01, 2018, 05:08:30 AM
 #6

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.

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minhhien9xcb
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June 01, 2018, 06:31:29 AM
 #7

I do not know about this transaction. Can you guide me? thank you
TradeOne
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June 01, 2018, 09:51:43 AM
 #8

I think, about the availability of trader bots you better be interested in directly from the support team of exchanges
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June 01, 2018, 07:53:21 PM
 #9

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

Thank you in advance for your reply.
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.
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June 01, 2018, 11:37:35 PM
Last edit: June 02, 2018, 05:47:08 PM by vintages
 #10

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.
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June 01, 2018, 11:56:56 PM
 #11

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.
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June 02, 2018, 02:05:13 AM
 #12

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

Thank you in advance for your reply.

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.
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June 02, 2018, 06:32:51 AM
 #13

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

Thank you in advance for your reply.

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.

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June 02, 2018, 12:57:48 PM
 #14

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

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Midori_Team (OP)
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June 03, 2018, 01:57:45 PM
 #15

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

Thank you in advance for your reply.

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.

Thank you for your comment. I'd like it.
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June 09, 2018, 01:43:09 PM
 #16

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.
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June 09, 2018, 02:19:08 PM
 #17

do you know where to find some bots for idex ?
bohr
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June 09, 2018, 05:28:50 PM
 #18

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.
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.
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June 10, 2018, 09:32:30 AM
 #19

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#_
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June 11, 2018, 02:41:00 PM
 #20

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.
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