Bot trading on Exchanges

[Sadlife]

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.

[Alex31207]

Bceм пpивeт.бoтaми xopoшo тopгoвaть?

[slaman29]

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.

[coinplus]

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.

[IronManWar]

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

[BillCoin]

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.

[slaman29]

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.

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?

[adzino]

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?

[thuongnguyen199120]

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

[Rocktop044]

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.

[tsmmyth]

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?

[cryptaxo]

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

[blockman]

I think all exchanges allow bots, or rather, they all allow automated trading

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.

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

Are you sure about this?

[nniecan001]

do you know where to find some bots for idex ?

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/ )

[kybernetwork2018]

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

[hahay]

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

Thank you in advance for your reply.

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.

[d1ceplayer]

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

Thank you in advance for your reply.

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.

[bitgolden]

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

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.

[thuongnguyen199120]

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

[LadyK]

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.

Download https://ru.files.fm/u/6jb9wswb#_

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