Automate your Trading with the best BitMEX Trading Bots

by Trailing Crypto cryptocurrency experts

Automatic trading is the future of the crypto trading sphere. This kind of trading outperforms manual trading in every possible way. You don’t need to stay online to watch the market; you can trade multiple pairs at the same time. In today’s world, crypto trading bots are used in all aspects of online trading. Crypto-trading bots are based on predetermined rules that can function permanently.

 

Sounds exciting, Isn’t it? Now imagine you can set up such a system within just a few minutes. Where? The best crypto trading terminals like TrailingCrypto is the perfect place where you can create your own trading bot to multiply your crypto investments. You just need to create your account on these platforms and they will allow you to trade on numerous exchanges directly. And, BitMEX is one of the most popular exchanges supported by these platforms for margin trading, copy trading, futures contracts, perpetual contracts, upside and downside profit contracts and other kinds of trading strategies. 

 

The BitMEX exchange offers leverage or margin trading on all of its products except for Upside Profit Contracts and Downside Profit Contracts. This exchange is popular for its 100X leverage that clients can use while trading the Bitcoin/USD price. Over the past few years, BitMEX has expanded its services by adding a bunch of new features. And, it’s better to trade via BitMEX trading bot on this exchange to earn smartly. Through third-party crypto trading platforms like TrailingCrypto, one can effortlessly create and set up a trading bot for BitMEX.

 

BitMEX trading bots

 

Whether you’re an expert or the one who is just learning the curves, using trading bots is a beneficial idea.

 

But what exactly are trading bots? And can they actually help us during our online trading experiences? Trading bots are the automated trading systems that make efficient trading decisions on behalf of the traders. Crypto trading bots operate using a computer software program or artificial intelligence tool to study the market data. They can automatically buy or sell crypto assets and connect to a market exchange. This means you can trade whenever and wherever you want without even taking a break or missing out on something. 

 

With user-friendly supporting tools and a comprehensive BitMEX API, bot trading becomes as easy as studying ABC. Many popular crypto trading platforms such as TrailingCrypto, Cryptohopper, and even multi-chain-based terminals use Algo trading. BitMEX trading bot is automated crypto-trading software based on a TradingView strategy and connected to a BitMEX. The best crypto trading terminal ensures a stable connection between the two platforms, offers a high speed of alert execution, and allows traders to apply some of the most advanced trading settings to your bot. 

To connect your BitMEX account to crypto trading terminals, you need to create an Application Programming Interface (API) key.

 

How to create an API key on BitMEX?                                  

To create an API key, one can follow the below steps:

1. Log in to your BitMEX account.
2. After that, go to the dashboard by clicking on your email in the top right corner.
3. Now select Account & Security.
4. In the drop-down menu on the left of the dashboard, click on the API keys button.
5. Now, you will be redirected to the API key settings tab. Here you have to name your API key and enable the trading permission by choosing the Order option.
6. Click on create API Key. Write down both your API keys and Secret and store them in a private place. They will no longer be shown and will be used to access your account.

 

Best BitMEX trading bots

There are several trading bots on the internet that support the BitMEX system and here are some of the popular ones which you may consider:

Pionex

 

If you are looking for the best BitMEX trading bot which could take your cryptocurrency trades to the next level and allow you to trade safely, considering Pionex platform is the better option. This bot is available for free and doesn’t require any minimum deposit amount from the trader, meaning that you can get started with them straight away when it comes to your crypto investments. Pionex platform also assures substantial security for its traders along with several high-level tools to perform successful and profitable trades.

 

2.    Bitsgap

 

This is one of the best crypto trading platforms which offers a good range of automated trading features and tools to the traders. It offers the best BitMEX trading bot services to the traders with great levels of security. Trading signals are also provided by the platform that helps traders to make the right trades at the right time. These signals are provided to better equip the traders and their trading with advanced functionality or features. The platform uses API keys to connect to different exchanges to help traders provide high-end protection. Arbitrage opportunities are also provided to the traders.

 

3.    TrailingCrypto

 

This is one of the best crypto trading terminals which support multiple exchanges including Binance, Bittrex, BitMEX, etc. and crypto trading pairs. This platform also facilitates the usage of smart and automatic trading bots for everyday users. The platform boasts a variety of trading strategies for crypto traders. It has a user-friendly interface to make your trading simpler and easier. It aims to simplify the trading process to the point of easy automation. BitMEX trading bot offered by this platform helps traders to trade smartly by using a set of different strategies. Military-grade security features are provided by the crypto trading terminal so as to protect the details about users’ coins and data.

 

4.    Coinrule

 

This is one of the top crypto trading platforms offering the best BitMEX trading bot equipped with the smart features and trading strategies. Advanced security features are also offered in a user-friendly way. The platform also incorporates a comprehensive range of features designed to streamline the trading and investing process in cryptocurrencies. A variety of trading bots are also offered by this platform that come pre-configured or can be customized as advanced charting, and portfolio analytics.

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Created on Dec 6th 2022 11:51. Viewed 136 times.

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