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The Next Step in Blockchain Technology: Automated Solutions and Bots

Monday, 29 August 2022 11:10 AM

TBILISI, GEORGIA / ACCESSWIRE / August 29, 2022 / Crypto has brought about many inventions in the field of financial technologies, and users of any level can enjoy and take advantage of an unprecedented range of financial tools. Some things, such as instant transactions, full anonymity and complete agency of users over their funds, are now commonplace on the blockchain.

Сrypto automation is becoming the next big thing, and GOCHA offers top-tier automation solutions for both enterprises and crypto users. This will extend your project globally and provide all the necessary conditions for a successful business.

Building the most advanced products yet, it continues to make our products accessible to more and more people, ultimately accelerating crypto adoption and Web 3.0 around the globe.

ICODA Agency, Monday, August 29, 2022, Press release picture

Automated solutions can bring changes

Automated blockchain tools and solutions are steadily making their way into the daily functionality of crypto exchanges, wallets, and other services. For example, cryptocurrency trading bots act based on preprogrammed and algorithmic trading rules. Their decision-making is hinged on the price fluctuations in the market. They analyze market conditions such as price, volume, time, and orders. Operations of any kind that used to take hours and lots of effort to perform can now be completed in seconds. With GOCHA, users can study their particular case and get in-depth consulting on what aspects of the crypto user experience can be automated and how.

Automated tools that you may like

Crypto automation can benefit businesses. Users can arm themselves with a variety of tools that can enhance user experience greatly and easily multiply gains. These tools are market making, sniper bots, wallet copy-trading, price checking and bots for automated trading.

Market making

Market making provides additional liquidity in the order book with binding buy and sell bids and ensures execution at market-driven prices. This creates a reliable ecosystem for traders since they can see how much bid and ask is available at varying prices through level two quotations. The framework of the market-making strategy reduces the time required to execute a trade and the cost of transacting in that stock, allowing a large number of shares to be traded.

Sniper bots

Sniper bots are tools for finding and reacting to the best bids in online auctions. Sniper bots create a buy order the moment the tokens hit the market, so users can acquire assets in the same second. For this purpose, they scan the blockchain and identify transactions to do with the creation of liquidity pools.

Wallet copy trading

The goal of wallet copy trading is for the novice trader to have the same trades or copy the position as the investor they are copying. When users copy the trade, they do not receive the layout of the traders' strategy. Rather, they will follow their trades blindly. This can be a good automated solution for beginners who don't have the time or experience to trade.

Price checking

A price-checking system can help prevent users from getting whipsawed by major price moves that may occur before they have time to react or even when they simply aren't paying attention. Use an automated trading system as the user's eyes and ears to not only help prevent losses but also capture gains.

Bots for automated trading

Bots for automated trading are algorithms programmed to follow certain crypto trading strategies. It helps crypto traders conduct their trading and execute transactions using some technical indicators. Crypto trading bots can easily automate the analysis and interpretation of market statistics. These bots are connected to the crypto exchange, and they communicate directly with the markets through these exchanges.

ICODA Agency, Monday, August 29, 2022, Press release picture

GOCHA is a resource which contains all the innovative solutions in the field of blockchain. The main expertise is in developing crypto projects and trading both in B2B and B2C segments.

CONTACTS

Vlad Pivnev
Founder and CEO Gocha.io
+7 926 087 58 70

SOURCE: Gocha

Topic:
Blockchain & Cryptocurrency
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