crypto-asset-manager-app-iconomi-adds-support-for-automated-trading

Crypto asset manager app ICONOMI adds support for automated trading

ICONOMI, a platform for crypto-asset management, has announced the open of automated shopping and selling ideas. ICONOMI’s developed shopping and selling engine now permits users to change automatically across a complete lot of exchanges, shopping for the handiest prices and executing the drawl inside of explicit algorithm parameters.

“This characteristic brings a complete lot of advantages to users that enjoy to attain better orders with a explicit desired algorithm. Using automated shopping and selling on ICONOMI saves time and money in explicit situations, where users enjoy to attain gigantic orders and lack time or data to enact so manually. As a replace of merely placing market orders and shedding build, users can use the ‘Unhurried’ automated drawl and wait till the ICONOMI shopping and selling engine trades the enormous drawl.”


– The ICONOMI Crew

Algorithms For the time being Provided Consist of:

  • Unhurried (default) – Areas restrict orders (handiest repeat/handiest ask) and await them to procure stuffed. If the build changes in some unspecified time in the future of this course of, the algorithm automatically locations fresh handiest repeat/handiest ask restrict orders.
  • Medium – TWAP (time-weighted practical build) algorithm trades mounted quantities of sources over a mounted timeframe.
  • Snappy – Areas multiple restrict orders at the handiest market build over a shorter timeframe.
Users on ICONOMI can now attain single asset shopping and selling utilizing their fresh automated shopping and selling characteristic

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