Bitbns has tied up with Tradetron, a widely used algorithmic automation platform in the country, for the automated trading feature.
Automated Trading in Crypto: India’s leading cryptocurrency exchange Bitbns has introduced an automated trading feature for its traders and investors. The special feature of this feature is that through this, traders and investors will be able to trade in an automatic way. Bitbns has partnered with Tradetron, the widely used algorithmic automation platform in the country, for this. Under this partnership, Bitbns aims to provide its users with seamless trading and investment in the digital asset class. This feature is live on the Tradetron and Bitbons platforms and is available for existing and new users.
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Know the specialty of this feature
Automated trading is also known as Algo trading. The biggest advantage of automated trading is that users can execute a particular crypto trading transaction on multiple indicators. Automated trading has been a very popular method among equity traders. It is now slowly becoming a popular choice among crypto traders around the world as well.
This feature empowers strategy creators by allowing them to automatically execute their strategies and make them available to investors and traders around the world. Under this, users do not need to write code and still can create an algorithm to trade automatically.
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Know about Tradetron
Tradetron is a multi-asset, multi-currency, multi-exchange that allows strategy creators to build trading algorithms using a web-based strategy builder. Once users create the algorithm, it can be listed on an exchange, where investors can subscribe to it and take those trades into their existing brokerage accounts. According to Bitbns, Tradetron is the most widely used trading automation platform in the country.
Gaurav Dahake, Founder and Chief Executive Officer, Bitbounce, said, “This trading mechanism has the potential to create greater discipline by following a defined set of instructions regarding price, quantity and timing. In addition, the platform will help build more trust among retail investors who can now enjoy smart trading through a computer program while choosing the best strategy.”
