Huobi AI Trading Bot Software Development Company
To know more about our services please visit:
Website : https://www.cryptoappfactory.com/
Phone : +91 73972244 61
Crypto App Factory offers the best Crypto Trading Bot
Development services with complete customer satisfaction.
In addition to crypto bot development, we offer
cryptocurrency wallet development to get any kind of
cryptocurrency exchange solution.
We Crypto App Factory have 100+ experts who are expertized
in developing trading bots. We collect the requirements from
customers and then proceed to the development process.
Our trading bots development involves the development of
fully automated bots or semi-automated bots with more
enhanced features and security.
Huobi was originally founded in 2013 as an exchange
dedicated to the market for Asian cryptocurrency traders for
making it a competitive choice for expert and automated
traders from across the world. Huobi users can make deposits
in both USD and CNY or they can use Bitcoin and Ethereum.
The huobi exchange supports more than 100 cryptocurrencies,
including major coins.
Huobi is one of the most popular crypto exchanges and
provides various features such as margin trading, staking,
lending, etc. Furthermore, the platform also offers its in-house
GRID trading bot.
Why Do You Need to Use a Trading Bot on Huobi?
Remember that trading is all about competition and making
the right decisions. If you are on the wrong side of the trade,
you will lose your money. If you are on the right side of the
trade you will gain your money. The idea is to find your edge
and then exploit that to the fullest extent. If you have a desire
to have an edge then you will see that automated bots on
Huobi can help you out to a certain degree.
Huobi Trading Bot: Pros and Cons
Pros
Huobi offers 32 crypto pairs for grid trading bot.
No subscription fee is required for the trading bot.
Furthermore, the platform has high security.
24/7 customer support.
Cons
Since the bot is in its initial stages, it does not offer variety.
Risks of using Huobi trading bot?
If the prices of the trading pair fall below the range, the
grid bot will stop placing orders and generate losses.
Moreover, if you’ve set a stop-loss price and it gets
triggered, the grid strategy will end.
If the price goes above the range, the grid bot will stop
placing the order, and as soon as the price falls in the
range, it will continue to place the trade. This way, you
won’t be able to benefit from the rising price.
The grid strategy at Huobi places an order based on the
price range and grid quantity. If the grid quantity is set
extremely low and the price fluctuates between the two
points, the system will not perform automatic order if the
capital use efficiency is low.
Unique Features of Huobi:
Huobi is full of interesting features that set it apart from the
competition.
Eco Chain
Huobi Eco, or HECO, is a decentralized and cost-efficient
public chain, like blockchain, that Ethereum developers can
use to get started easily. It is seamlessly compatible with
smart contracts.
Huobi Wallet
Huobi Wallet is a secure and professional Defi wallet. The
wallet uses advanced technology to ensure safe asset
management and protection. Users are in control of their
private keys, which the company never has access to. There
are multiple backup options to prevent loss or theft.
Huobi Mall
Huobi Mall is Huobi’s mining pool. It ranks in the world’s top
10 mining pool services and is the world’s largest staking
mining pool. This feature allows users to group and combine
computing power to mine different cryptocurrencies that are
available on the platform.
Advantages of Huobi Crypto Exchange:
Here are some of the highlighted features of the Huobi
cryptocurrency exchange,
Exchange
fees:
Huobi has a trading fee of 0.2% on each and every trade made
by both makers and takers for a trading volume below
5million. If the trading volume is up to 300 million and
above, the trading fee is 0.015 % for makers & 0.025% for
takers.
Withdrawals and Deposits:
Huobi Global has no fiat feature for deposits and withdrawals,
It accepts both cryptocurrency deposits and cryptocurrency
withdrawals for all users. There is no fee charged for both
deposits and
withdrawals.
Withdrawal limits vary depending on whether the currency
or cryptocurrency is withdrawn and whether you are a verified
user or not. You can see your limits on the withdrawal screen
once you log in.
Crypto App Factory
https://www.cryptoappfactory.com/
101, Kumaran Colony,
Vadapalani,
Chennai
Tamil Nadu
+91 7397 2244 61
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