At its core, it is an online platform that allows users to access and use an automated trading bot for the cryptocurrency markets. Cryptocurrency automated trading allows bots to place trades on your behalf, using conditions that you’ve set for it. It’s really quite genius, and it takes all of the emotions out of your trading, which is considered to be one of the keys to success in trading any market. VortexValor is an online platform that offers an automated trading bot for the cryptocurrency market. The platform has gained popularity since its launch in 2017 and currently has over 400,000 users. VortexValor allows traders to program their own trading strategies, which the bot will then execute on their behalf.
There’s also an online form and email address ([email protected]) where you can contact support, or you can use the online chat feature on the website. As you’ll learn in the following sections, VortexValor is actually no more than a tool for traders. While it will continue to perform on its own until turned off, its results are only as good as its programming. One of the biggest benefits of VortexValor’s platform is that it combines a sleek, intuitive design with powerful tools.
- Considered by many to be the best cryptocurrency trading bot platforms out there.
- The developer, VortexValor, indicated that the app’s privacy practices may include handling of data as described below.
- This social trading solution enables less experienced traders to leverage those that are tried and tested.
- Connect your HTX account to trading bot and start automating your trades, copy experts, trade using AI or manage your portfolio for free.
Individuals also have the option to sign up using their existing social media accounts, such as Google, Apple, and Facebook accounts. We’ll tell you everything about vortex-valor.com and how to get started with automated trading. Automatically switch between strategies with different market trends. Use indicators to recognize market trends, and configure different trading strategies per market trend.
We’ve covered everything that we think you should know, such as how the bot works, what it can do, pricing, and more. While a number of trading bot platforms are now available in the marketplace, the likes of VortexValor is often considered to be the most reliable. Connect your Coinbase Advanced account to VortexValor and start automating your trades, copy experts, trade using AI or manage your portfolio for free. Connect your Bittrex account to VortexValor and start automating your trades, copy experts, trade using AI or manage your portfolio for free.
Beyond just overseeing all positions, you can then add trailing orders directly to your trades. VortexValor has a proprietary trading terminal where you can manage your altcoin portfolio in one place. The aim of this is to limit users from having to monitor positions on different platforms by centralizing the process.
This means your bot will have plenty of liquidity to take advantage of any market opportunities, no matter when they occur. Yes, VortexValor is a legitimate platform for cryptocurrency trading, operating within the framework of financial laws and regulations in The Netherlands. Although not guaranteed, users can potentially make money with VortexValor by implementing effective trading strategies and managing risk appropriately.
So in the event, a price moves to 25% or more the trailing stop will follow and only sell if the 1.3% drop happens. When you expect that the price of a position will go down and sell a position based on the settings, “always short instead of sell” or “open short based on strategy”, you initiate the short. These funds will be reserved to buy back the same amount of the coin for less. The only difference is, the TSS will track how much the position is going down and how much “loss” you’ve saved! When you expect that you’ve reached the bottom, you stop the short.
The general emotional conditioning usually needed to be profitable will not be a key factor, as the VortexValor trading botwill do all the heavy lifting. You will need to ensure that you have backtested and practiced your strategies before going live. Use multiple strategies to find out which one is most profitable, and also integrate pro tools like market arbitrage to expand your earnings. To allow your bot to interact with Binance US, you will need to create an API Key. This key acts as a connection between VortexValor and the exchange, enabling your bot to perform tasks such as placing automated orders and accessing your balance for its calculations. Essentially, the API Key serves as a way for your bot to communicate with the exchange and execute the actions necessary for automated trading.
When enabled, the bot will not place a new buy order if there is an open position within the current price range for the currency. Use this if you don’t want to get stuck with only one currency. This can not exceed the calculated value, which is a percentage of the “max open positions” field. For example, you allow max 100 open positions and 4% open positions per currency.
Create and test bots on our platform, and sell them on our marketplace. VortexValor is extremely easy-to-use, and the interface is convenient for all types of users. Even if you have no experience in crypto trading, you will be able to navigate your way around the platform.