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Start Creating Rule. The idea is that you should always check and then double check the bots that you use to connect to HitBTC. You must be very careful when you are automating your processes and working with bots regardless of the exchange you are working with because it is your hard earned capital at play.
You must be very cautious in your speculating endeavors because time is money and money is time. Remember to triple check and always study the reviews and every other aspects that you think you should follow and check out before and while engaging any automated trading program.
This exchange is supported by a lot of automated trading platforms. Check out the reviews of the most profitable solutions:. A few of them have prominent free options, then there are those that have free trials. Remember that you can try out of a few of these with little money and value to see what your experience is with each of them. Further, always follow the double check rule that we proposed above.
We want to make sure that you follow best practices and one the best practices is to always play with money that you can lose. The next best practice is to always vet the exchange in other ways even if it is free, probably, especially if it is free.
Remember that there are also open source services that many can tap into and utilize for free. As the industry becomes more prominent, it is likely that more open source applications in this industry will flourish. You will need to make sure to account for trading limits, fees, and even minimal orders when launching HitBTC bot.
The first aspect is that you need to have funds to trade, second, you need to have funds to test out different strategies, you must account for fees, and other costs that are associated with the trading picture. The idea is to make sure to account for every single aspect to have the best trading experience possible. Make sure to make the right calculations from the start so you can have the right goals to hit and have a proper setup. Remember that proper preparation brings about major success whereas poor preparation can bring about failure.
How much money you need will depend on your goals and what you hope to do with your trading experience. Remember that there are a wide variety of unique pairs on the exchange. But there are also many pairs that may be classified as zombies that should be listed. When looking to trade, always make sure to invest in the right pairs that have the proper liquidity, volume, and other key metrics that let you have an effective safety net.
HitBTC exchange has much to offer and you can see automated bots that will help you with your trades. As always, make sure to make the best decisions and to move about with utmost caution in your trading journey.