Huobi Ai Trading Bot Software Development Company
For More Details Please Contact
Call / Whatsapp: +91 9840566115
Website: www.mlmsoftwaretamilnadu.in
MLM Software Development Company,
26, 49th Avenue, Ashok nagar,
Chennai - 600083
Huobi Ai Trading Bot Software Development Company
MLM Software
Chennai 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 have 24 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.
What Is Huobi?
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.
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