BTSE launches crypto trading terminal by Margin
BTSE has launched a new crypto trading terminal powered by Germany-based Margin, whose bot functions will be fully integrated with the digital asset platform in the near future to provide a seamless trading experience.
The digital asset exchange, which serves crypto institutions and retail traders, now boasts a trading terminal that offers five different trading bots and allows users to create custom-built bots using Python.
The trading terminal can be used free of charge.
Margin’s terminal supports Binance, FTX, Huobi, etc
Henry Liu, Chief Executive Officer of BTSE, said: “Crypto markets are 24/7 and never sleep. Having a variety of trading bots and tools helps traders navigate these markets while trading on BTSE. Crypto trading bots are for both beginners and advanced users as they can facilitate more profitable and well managed entries and exits during times of volatility and abnormal conditions. We are excited to bring new trading bot features to our users, allowing them to utilise tested and proven trading terminals like Margin.”
Jonathan Maycock, Co-Founder and CEO of Margin, commented: “Margin offers an easy to use, user-friendly trading terminal. By using this application, users can set up different strategies to buy or sell cryptocurrencies. The trading terminal also offers users a graphic user interface (GUI) that provides several features like detailed charts along with drag-and-drop options to configure the trading strategies.”
Margin’s crypto trading terminal is an automated, secure, and intuitive platform designed exclusively for cryptocurrency traders. It supports exchanges such as Binance, FTX, and Huobi, and offers a highly visualized trading experience featuring a responsive user interface.
BTSE partnered with Margin to make automated trading bots easier to set up for users who are interested in bot trading. The firm argues that automated trading can also act as a trader’s risk control mechanism against losses in a volatile market, as humans are not able to monitor market movements 24/7.
Margin’s integration will give BTSE users the capability to monitor technical indicators and execute pre-configured trading strategies without human intervention.
Trading bots are software programs that connect to exchanges via an API and make trades on behalf of users. They reference a variety of trading indicators and strategies configured by users, and are more efficient than humans in terms of performing fast, complex, probabilistic calculations. Margin offers a demo version with real market data to allow users to build confidence before deploying bots that trade using real funds.