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does binance have a trading bot
Binance facilitates automated trading through integrated strategies and partnerships with third-party bots like Shrimpy and TradeSanta, but it does not offer a dedicated bot platform.
Oct 26, 2024 at 11:59 am
Does Binance Have a Trading Bot?
1. Built-in Automated Trading Features
Binance offers basic automated trading strategies through its "TradingView" feature. This allows users to create indicators and alerts that trigger buy or sell orders when specific criteria are met. However, it does not provide a dedicated trading bot platform.
2. Third-Party Integrations
Binance supports integration with various third-party trading bots, such as:
- Shrimpy: A beginner-friendly trading bot that offers pre-set strategies and customizable options.
- TradeSanta: A cloud-based trading bot with advanced features, including stop-loss management and market analysis tools.
- 3Commas: A popular trading bot with automation features, copy trading functions, and risk management tools.
3. Binance Cloud:
Binance offers a cloud platform, "Binance Cloud," that allows developers to build and deploy their own trading bots. This platform provides access to Binance's infrastructure and APIs. However, it is primarily intended for professional traders and developers with programming knowledge.
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