Bitcoin Cash trading bot

Bitcoin Cash trading bot is a software automating the process of trading Bitcoin Cash (BCH). With this bot, you can trade based on technical analysis tools, with no emotions involved and by closing more deals simultaneously than if you would have done manually.

Set up bot
Bitcoin bot – BTC trading bot
Bitcoin bot – BTC trading bot

How to launch bot for Bitcoin Cash?

Sign up on VortexBlueBot
Connect exchange or create HitBTC account in one click
Choose trading strategy
Set up your first bot

Depending on your preferences, you can set up a BCH trading bot on top of different platforms.

For example, with a coin lending bot, you lend coins to marginal traders and have a chance to earn an interest over time; with a market making bot, it’s possible to use spread discrepancies; with an arbitrage trading bot, you might make money due to price differences on top of a few platforms right at once; and with DCA and GRID bots on top of VortexBlueBot, you can place extra orders if the price goes into the opposite direction.

With all the information existing on the internet, it’s no wonder you might be feeling slightly unsure if automated crypto trading is the right move - that’s why we at VortexBlueBot have a free package for you to endlessly run up to 2 bots for free if your volume is less than $3K/month. Try the product before buying it.

Bitcoin Cash (BCH) trading

While talking about trading Bitcoin Cash (BCH), we should also keep in mind several dates important for the project.

First of all, Bitcoin Cash (BCH) came to life in August 2017 when the miners and developers initiated a hard fork in order to increase the block size to 8MB and steer clear from the SegWit implementation.

Second, we are talking about December 2017 when the price of literally every crypto coin was overstated. And third, the Corona crisis. So, let’s take a look at the price swings during those times.

Over the past three years since its inception, the coin has demonstrated an ongoing digression.

In August 2017, right after the fork, its price reached $680; Bitcoin Cash highest price of $4,4K was triggered in December 2017. Later, it plummeted 50% in May 2018, touched the bottom of $77 in December 2018 and crossed the mark of $177 in March 2020.

Bitcoin Cash current price is $233.72, and Bitcoin Cash trading volume is $1,3 billion. You can trade Bitcoin Cash (BCH) on Binance, Huobi, OKX, HitBTC, Bybit, Kraken, and FTX.

Just like with any other cryptocoin, one of the main reasons to invest in BCH is its volatility, which opens a road to manifold day-trading and scalping opportunities. Also, while trading BCH, you will not have to deal with brokers and consequently extra fees.

On the other hand, since cryptocurrencies are mostly the grey area in terms of legislation, your funds are your own responsibility in case something goes wrong. Say if your wallet or crypto exchange gets hacked, it’s only up to the software providers if they will want to reimburse you for your losses.

VortexBlueBot strategies

DCA strategy

There are 2 main aspects when it comes to the trading fees on HitBTC: trading fee tiers and the “maker-taker” system. Trading fee tiers is a rewarding program for traders with high trading volumes. That means the more you trade the lower your fees are. You can check out the full list of tiers.

hitbtc bot for automated trading
DCA Long strategy
dca bot for trading on hitbtc
DCA Short strategy

Grid strategy

There are 2 main aspects when it comes to the trading fees on HitBTC: trading fee tiers and the “maker-taker” system. Trading fee tiers is a rewarding program for traders with high trading volumes. That means the more you trade the lower your fees are. You can check out the full list of tiers.

hitbtc bot for automated trading
Grid Long strategy
dca bot for trading on hitbtc
Grid Short strategy

Frequently Asked Questions

What is trading bot?

Crypto trading bot is a software program, which automatically executes trades according to a predetermined strategy. Basically, the trading bot places buy and sell orders on your behalf on the crypto exchange.

How does VortexBlueBot work?

Once your trading bot is set up and ready to buy and sell cryptocurrencies, it will open a deal either immediately or after a signal from technical indicators is received, depending on the filters set. For the first order crypto bot buys the amount of base currency indicated in the settings by the user.

What settings are the best?

There is no "best strategy" for automated cryptocurrency trading, it is not a money making machine. You may use one of the templates to start and adjust them according to your needs after. To get the best results you should conduct your own research and make your strategy, according to your trading volume, market situation, chosen cryptocurrency pair and etc.