TRON trading bot
TRON trading bot is a crypto trading software built to automate the process of trading any coin, in this particular case, TRON (TRX).
Set up botHow to launch bot for TRON (TRX)?
If you choose to trade with a TRON crypto bot, then you probably want to be able to place several orders simultaneously and get a competitive advantage over traders who have to open and close deals manually as well as overcome their emotions as a result of volatility swings.
Depending on your trading strategy you can use different bot types developed specifically to bridge the gap between a trader and their specific vision. For example, long and short bots help open the opportunities for position trading, coin lending bots, market making bots, signal bots and arbitrage trading bots utilize the markets in terms of short-term price movements. DCA and GRID bots you can run on top of VortexBlueBot offer a chance to place extra orders in case the price starts moving in the wrong direction.
It’s understandably hard to give a try to something new, especially when it comes down to your personal savings, that’s why we at VortexBlueBot offer our clients a free package where you can endlessly run up to 2 crypto trading bots for free if your volume is less than $3K/month. No need to buy before you get familiar with what exactly you’re buying.
TRON (TRX) trading
Now, why trade the TRON coin you may ask yourself, considering the fact that the current TRON (TRX) value is $0.01?
Well, you have not much to lose, first of all. TRON (TRX) is not a high-priced coin, but it's good news for newcomers since they can work with many assets right at once, not with fractions of them, just like in the case with Bitcoin.
Also, this coin is volatile, which is not such a bad thing for you as a trader, because you can turn this to advantage.
However, the spikes with the TRON (TRX) price might be insignificant, and you will likely want to buy a lot of these coins.
As of writing, the coin occupies the 17 place on the CoinMarketCap website in terms of market capitalization with the 24-hour trading volume of $547,281,129.
TRON exchanges
This is one of the most popular coins out there, so you will most likely be able to buy and sell TRON (TRX) on top of major cryptocurrency exchanges. TRON trading platforms include but are not limited to Binance, Huobi, OKX, HitBTC, Bybit, Kraken, and FTX.
HitBTC will let you trade TRON (TRX) for ETH, BTC, USDT and BCH. If you have an account on top of Huobi Global, TRON trading pairs include TRX/BTC, TRX/ETH, TRX/USDT and TRX/BTT.
With Binance, you can trade TRX for USDT, BTC, ETH, BTT, BNB, XRP, BUSD, USDC, WIN, TUSD. On top of Bitfinex, you can buy and sell TRON for fiat: USD, JPY, EUR, GBP in addition to ETH and BTC.
VortexBlueBot strategies
DCA strategy
There are 2 main aspects when it comes to the fees on HitBTC: the tiers and the “maker-taker” system. It is a rewarding program for traders with high trading volumes. That means the more you trade no matter what the market conditions are, the lower your fees are. You can check out the full list of tiers.
Grid strategy
There are 2 main aspects when it comes to the trading fees on HitBTC: the 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.
Frequently Asked Questions
What is trading bot?
Crypto trading bot is a software program, which automatically executes trades according to a predetermined strategy 24/7. 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 crypto assets, 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 earning your passive income, it is not a money making machine, it's just a treading tool. 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.