An advanced Bitcoin exchange says it offers the fastest API on the market, paving the way for improved and automated crypto trading.
HitBTC says that its offering is aimed at professional traders who want to stay on top of the latest market fluctuations even while they sleep.
The APIs ensure that transactions can take place 24 hours a day, seven days a week, which is appropriate given that the cryptocurrency industry never stands still.
Not only does this allow professionals to take a much-needed break from their screens, but it also gives them the opportunity to devote their energy to other activities.
HitBTC told Cointelegraph: “Modern automated cryptocurrency trading relies entirely on APIs that pass information to trading bots that can analyze the situation in the cryptocurrency market and make decisions that are beneficial to users.”
Crypto markets can move in the blink of an eye, responding 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 versus those who manually execute trades.
MORE INFORMATION ABOUT HITBTC HERE
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 added on a regular basis, including take profit orders and cash settled futures to name a few.
New trading pairs are also continually added to its margin trading tool, uniting major altcoins with Tether, Bitcoin, and Ether.
Another crucial addition has been Euro Coin, which unsurprisingly is a euro-backed stablecoin issued by Circle.
While the API is designed for professionals, the HitBTC crypto wallet is designed to be a simple and free solution for beginners.
Inevitably, more bouts of volatility lie ahead as the crypto winter continues, with a challenging macroeconomic climate mounting pressure on stocks and digital assets alike.
Having access to the right tools, including a state-of-the-art API, can ensure merchants are prepared for whatever comes next.