Crypto markets move in an instant – APIs help the pros stay ahead
An advanced Bitcoin exchange says it offers the fastest API on the market – paving the way for improved and automated crypto trading.
HitBTC says the offering is aimed at professional traders who want to stay on top of the latest market swings even while they sleep.
APIs ensure that transactions can take place 24 hours a day, seven days a week – fitting given how the crypto industry never stops.
Not only can this allow professionals to take a much-needed break from their screens, but it gives them a chance to channel their energy into other activities.
HitBTC told Cointelegraph: “Modern automated cryptocurrency trading is completely dependent on APIs that transmit information to trading bots that are able to analyze the situation in the cryptocurrency market and make decisions beneficial to users.”
Crypto markets can move in an instant – reacting to breaking news such as interest rate announcements, inflation numbers or adoption news.
Bots can help professionals stay one step ahead of the game, buying them precious seconds against those who execute trades manually.
New features
HitBTC says its API provides programmatic access to the exchange’s next-generation trading engine – and all current users are encouraged to use V3.
Features are continually being added on a regular basis – including take profit orders and cash settled futures to name a few.
New trading pairs are continuously added to the margin trading tool as well – uniting top altcoins with the likes of Tether, Bitcoin and Ether.
Another important addition has been Euro Coin, which as you might expect is a euro-backed stablecoin issued by Circle.
While the API is designed for professionals, HitBTC’s crypto wallet is designed to be a free, easy solution for beginners.
Further bouts of volatility will inevitably lie ahead of the crypto winter, with a challenging macroeconomic climate increasing pressure on stocks and digital assets.
Having access to the right tools – including a cutting-edge API – can ensure traders are prepared for what comes next.
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