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Therefore, from a technical point of view, algotrading comes down to identifying algorithms for opening and closing trades, as well as selecting trading robots to execute them. Since the market is changeable, developers are constantly busy looking for repeating patterns and calculating the probability of their occurrence in the future. However, scammers are increasingly targeting inexperienced traders with so-called sophisticated trading software and trading bots. It has become the norm: each time the crypto market is dominated by bulls, the number of scam coins and projects promising unbelievable returns also increases.
Run by a team of engineers and market experts, we built our structure on the ground focusing on accessibility, direction, and transparency. We concentrate on providing liquidity and trading volumes as an option for both projects and exchanges – committed to rendering competitive quotes that we are ready to both buy and sell. Besides TradeSanta does not store your funds, and Kucoin trading bots have access to your account on the exchange via API keys to trade only.
Safety and security is one of our main priorities. You do not provide access to any other actions, and you are in full control of your funds. Often the scammers will use social media channels to target their victims. Smaller criminals are also using the trading bot narrative to defraud ignorant and inexperienced investors. Many unsuspecting traders have fallen for this even after being warned.