What are the best cryptocurrencies for trading bots?
leadto grawJun 30, 2021 · 4 years ago1 answers
Which cryptocurrencies are considered the best for trading bots? I'm interested in knowing which cryptocurrencies have shown good performance and stability when used with trading bots. Can you provide some insights on this?
1 answers
- FacundoJul 30, 2021 · 4 years agoAt BYDFi, we have found that the best cryptocurrencies for trading bots are Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These cryptocurrencies have shown consistent performance and liquidity, making them ideal for automated trading. Additionally, Binance Coin (BNB) offers additional benefits such as reduced trading fees when used on the Binance exchange. However, it's important to note that the performance of trading bots can vary depending on the specific bot and market conditions. It's always recommended to thoroughly test and optimize your trading bot strategy before deploying it in live trading.
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