{"id":135152,"date":"2020-12-16T20:53:00","date_gmt":"2020-12-16T17:53:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/why-bots-can-be-crucial-for-crypto-traders-in-the-futures-markets\/"},"modified":"2020-12-16T20:53:00","modified_gmt":"2020-12-16T17:53:00","slug":"why-bots-can-be-crucial-for-crypto-traders-in-the-futures-markets","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/why-bots-can-be-crucial-for-crypto-traders-in-the-futures-markets\/","title":{"rendered":"# Why bots can be crucial for crypto traders in the futures markets"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4122d20e579\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4122d20e579\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/why-bots-can-be-crucial-for-crypto-traders-in-the-futures-markets\/#How_trading_bots_are_shaking_up_the_futures_markets\" >How trading bots are shaking up the futures markets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/why-bots-can-be-crucial-for-crypto-traders-in-the-futures-markets\/#Delivering_benefits_to_experienced_traders\" >Delivering benefits to experienced traders<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Why bots can be crucial for crypto traders in the futures markets <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-5a136f3a>\n<p dir=\"ltr\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/cryptorg.net\/en\"><img loading=\"lazy\" decoding=\"async\" width=\"1480\" height=\"200\" alt=\"Use Case\" src=\"https:\/\/s3.cointelegraph.com\/storage\/uploads\/view\/649bf388bf9009748867204954ee5459.jpg\"><\/a><\/p>\n<p dir=\"ltr\">The crypto industry has matured substantially in recent years \u2014 so much so that it\u2019s practically unrecognizable when compared to the bull run of 2017. And one of the biggest developments in this dynamic space? Futures.<\/p>\n<p dir=\"ltr\">These derivatives give investors exposure to the price movements of major cryptocurrencies like Bitcoin, without the need to physically own the asset. Although the arrival of futures trading presents opportunities, it isn\u2019t without risks \u2014 after all, BTC remains as prone as ever to sudden price movements.\u00a0<\/p>\n<p dir=\"ltr\">Through the futures market, crypto enthusiasts have an opportunity to generate returns when the markets are in decline, as well as when they\u2019re booming. That\u2019s because of how they can enter into short positions \u2014 buying BTC when it\u2019s high, and selling when it\u2019s low.\u00a0<\/p>\n<p dir=\"ltr\">Hurdles remain for those who are interested in gaining exposure to futures. The 24-hour nature of the crypto markets mean that traders constantly need to remain vigilant for sudden movements that affect the profitability of their positions. Unfortunately, we all need to sleep \u2014 and remaining fixated on a computer screen for every minute of our waking hours is ill-advised to say the least.<\/p>\n<p dir=\"ltr\">Then, there\u2019s the challenge of discipline. Over the years, so many traders have lost their cool in the heat of the moment \u2014 impulsively abandoning their strategies because they\u2019re driven by greed, or determined to chase after losses.<\/p>\n<p dir=\"ltr\">As futures trading has become more commonplace in the crypto space \u2014 just like it did in stocks and commodities beforehand \u2014 tools have started to emerge that allow traders to follow the markets 24\/7, with safeguards to prevent sudden decisions that work against their interests. What\u2019s the answer? Trading bots.<\/p>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"How_trading_bots_are_shaking_up_the_futures_markets\"><\/span>How trading bots are shaking up the futures markets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\">Traders tend to enjoy the greatest success with bots when they use this <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> as a complement to their existing strategies. Setting up one of these tools and wandering off for a few days isn\u2019t a good idea \u2014 they require constant supervision and tweaks in line with the latest fluctuations in crypto prices.<\/p>\n<p dir=\"ltr\">Let\u2019s imagine that a crypto enthusiast spots an opportunity while performing their technical analysis. The user can set up a trading bot to automatically enter into a position when certain conditions are met \u2014 irrespective of whether they\u2019re away from their PC. Better still, setting up the trade in advance can also save precious time, as this process can take a couple of minutes when it\u2019s done manually.<\/p>\n<p dir=\"ltr\">These days, sophisticated bots can also work under price restrictions and with a limited number of cycles \u2014 delivering notifications via Telegram so traders know what\u2019s going on. It\u2019s even possible to work on a semi-manual basis \u2014 users can contribute additional volume into their positions, with the bot subsequently rearranging the take profit based on the change in average transaction prices and volume.<\/p>\n<p dir=\"ltr\">Given how bots connect to futures trading platforms through an API, one common concern can be what h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ens if there\u2019s an interruption in the connection between the bot and an exchange. Bot providers are addressing this by ensuring that their software can analyze any missed activity and make corrections to the strategy once communications are fixed.<\/p>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Delivering_benefits_to_experienced_traders\"><\/span>Delivering benefits to experienced traders<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\">One company that provides automated digital currency trading is <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptorg.net\/en\">Cryptorg<\/a> \u2014 and it says its futures tool has the power to deliver better outcomes for experienced traders in a variety of market scenarios.<\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"670\" alt=\"Long and short positions can be entered into simultaneously\" src=\"https:\/\/s3.cointelegraph.com\/storage\/uploads\/view\/027c7aab0034c6e5e5e01816fa7f34df.jpg\" title=\"Long and short positions can be entered into simultaneously\"><\/p>\n<p dir=\"ltr\" style=\"text-align: center;\"><em>Long and short positions can be entered into simultaneously<\/em><\/p>\n<p dir=\"ltr\">Cryptorg first began offering bots three years ago, and support for futures was unveiled in September 2020 on its own exchange, as well as on Binance Futures and FTX. The company also has the ambition of enabling its bots to be used on the stock market.<\/p>\n<p dir=\"ltr\">Cryptorg says its tools are designed to be flexible around a trader\u2019s exacting requirements \u2014 and some users have experienced success by spending just 30 minutes a day on setting up their bots.<\/p>\n<p dir=\"ltr\">One of the platform\u2019s top priorities has been ensuring that its bots are smart, and are built to react to fast-moving events instantaneously. In time, developers hope to enable bots to make one-time trades that capitalize on unusual whale activity detected on exchanges.<\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"672\" alt=\"Cryptorg says its bots can complete trades far faster than human traders\" src=\"https:\/\/s3.cointelegraph.com\/storage\/uploads\/view\/332c8ea5513731a135b9eb0afc6deca1.jpg\" title=\"Cryptorg says its bots can complete trades far faster than human traders\"><\/p>\n<p dir=\"ltr\" style=\"text-align: center;\"><em>Cryptorg says its bots can complete trades far faster than human traders<\/em><\/p>\n<p dir=\"ltr\">We\u2019ve seen how drama in the Bitcoin markets can unfold in a matter of minutes. Just last month, cascading liquidations were the driving force of a massive correction that saw BTC fall 16% to lows of $16,334. In a crash that was reminiscent of what happened in March, long positions worth $262 million were liquidated in a single hour on Binance Futures, according to Glassnode data. This happened in the middle of the night in the U.S., meaning many investors would have woken up to painful losses if they hadn\u2019t been using a bot.<\/p>\n<p dir=\"ltr\">Cryptorg says its bots can help traders weather this uncertainty and stay prepared \u2014 offering much-needed safeguards against volatility, day or night. The latest figures suggest that there are 5,112 active trading bots on its platform, with over 150,000 deals being completed every week. Three subscription tiers are offered \u2014 appealing to newcomers, professionals and businesses who want to make the most of bot-traded futures.<\/p>\n<p dir=\"ltr\">In future, it <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptorg.net\/en\/roadmap\">plans<\/a> to offer professional monitoring for futures accounts \u2014 enabling traders to perform analysis at their convenience using a collection of statistics.<\/p>\n<div style=\"background-color: #f0f0f0; padding: 8px 21px; font-weight: bold; color:#253137;\">Learn more about Cryptorg<\/div>\n<div><span style=\"font-size: 12px; color: rgb(169, 169, 169);\"><span style=\"font-weight:600\">Disclaimer.<\/span> Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice. <\/span><\/p>\n<\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/why-bots-can-be-crucial-for-crypto-traders-in-the-futures-markets\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Why bots can be crucial for crypto traders in the futures markets &#8221; The crypto industry has matured substantially in recent years \u2014 so much so that it\u2019s practically unrecognizable when compared to the bull run of 2017. And one of the biggest developments in this dynamic space? Futures. These derivatives give investors exposure&#8230;<\/p>\n","protected":false},"author":1,"featured_media":135153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/storage\/uploads\/view\/6f9ef4ad3fabf8d88da386acd27142b0.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,86752,74863,71407],"class_list":["post-135152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-bot","tag-cryptocurrencies","tag-trading"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/135152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=135152"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/135152\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/135153"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=135152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=135152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=135152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}