Modobot.com is a web-based automated trading platform for digital currencies. The public Beta is using the Bitstamp API. There is no software to download, and Bots can run twenty four hours a day, seven days a week. Modobot uses a basic feature set to employ a simple buy-low/sell-high strategy. Accounts are free, and include sandbox mode and a basic calculator to assist in determining spreads. Bitstamp accounts are
not required for sandbox mode.
Several measures have been put in place to help protect accounts. Site passwords are not stored in the database. Api keys are encrypted in the database. In the event that the site is compromised, the keys cannot be used to directly withdraw funds from your Bitstamp account.
Testing is ongoing, and there are likely to be a couple of rough patches. Live trading is available for activated accounts, but has not been thoroughly tested. Documentation and support can be found
here.
Regards,
Min
