Crypto trading can be intimidating—which crypto assets to choose, when to enter and when to exit, how to spot an arbitrage opportunity… the variables that make or break your profit margins aplenty. What if there is a feature that lets you trade like a PRO but with minimal effort and time?
Introducing Algo Trading, a powerful feature that empowers CoinSwitch users to maximize profits by integrating expert trading strategies to their portfolio. Explore Algo Trading on CoinSwitch PRO.
Users can assess and choose from various strategies offered by the expert traders on CoinSwitch PRO by comparing their historical profit, minimum investment required, the number of adopted users, and more. Once a strategy is chosen and implemented, the algorithm will execute the trades on behalf of the user automatically. The strategy developer will take a share of the profits a user generates as per the agreement.
Boost League Ranking
Algo Trading on CoinSwitch PRO could also provide the additional benefit of boosting a user’s trading volumes, as the strategies offered by the expert traders are designed to discover and execute market opportunities, including arbitrage, rapidly and frequently. The higher trade volumes will boost the ranking of the user on the various trading leagues on CoinSwitch.
Implement in 3 Steps
- Explore the Strategies: The first step is to explore the strategies created by developers and assess their profitability. You can browse through different strategies and choose the one that aligns with your investment goals.
- Select a Strategy: Once you have found a strategy that you like, simply click ‘Explore’ to select it. CoinSwitch will then reach out to you to initiate the process of starting your Algo trading journey.
- Start Algo Trading: CoinSwitch will help you start your Algo trading journey with your chosen strategy. The developers will run the script and monitor trades for profit during the agreed duration.
Retain Control
Integrating an Algo Trading Strategy does not mean a user is ceding control of the account—the developer cannot access the user’s wallet or withdraw funds from it, but instead the trading strategy is executed on the user’s behalf through an API. The strategy developer, as per the agreement with the user, will charge a share of the profits generated from these trades. Payment terms will be clearly outlined in the Terms and Conditions that a user signs with the developer.
At any point, the user, should they choose to, can cease trading using the strategy. To stop the trading activity, simply contact us at api@coinswitch.co.
