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Bitbns partners with Tradeton to facilitate automated trading

June 22, 2022

Bitbns partners with Tradeton to facilitate automated trading
Bitbns, has collaborated with Tradetron, an algorithm automation platform, to facilitate automated crypto trading for its traders and investors. With this strategic partnership, Bitbns aims to enable its users to automate their investment strategies while facilitating smooth trading and investment in the digital asset class.

According to Gaurav Dahake, founder and CEO, Bitbns, the collaboration with Tradetron will offer users the proposition to avail of a systemic approach to active trading rather than being led by emotions. “By following a defined set of instructions pertaining to price, quantity, timing, among others, this trading mechanism has the potential to help build discipline into trading. Additionally, the platform will help build trust among retail investors who can now bank on a computer program to use smart trading while opting for the strategy that works best for them,” he added.

Automated trading, also known as algo trading, is the process of using computers programmed to follow a defined set of instructions for placing a trade to generate profits at a speed and frequency that is impossible for a trader. 

As per the company, the advantage of automated trading is that users can execute a particular crypto trading transaction on various indicators, inclusive of a targeted price.

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