SnapBots - Build Your Own AMM Bot

in #snapbots3 years ago

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Introduction


SnapBots is a community-driven open source project that aims to democratize algorithmic trading by making sophisticated high-frequency trading strategies freely available to everyone in the world. SnapBots believe will lead to a more open, fair, and inclusive global financial system.

Trading bots, the automated trading software that traders can use to overcome the issue of performing transactions on behalf of the crypto trader. Bots work depending upon the user’s strategy. As such, SnapBots is one of the software that is seen as an effective solution to grow crypto portfolio.

SnapBots allows user to choose various trading strategies such as :

Arbitrage - An opportunity arises when SnapBots can buy on one exchange at a lower price and sell on the other exchange at a higher price.

Scalping - Scalping is a trading style that specializes in profiting off of small price changes and making a fast profit off reselling. SnapBots make quick decisions, spot opportunities, and constantly monitor the market screen.

Volatility Trading - This strategy is a simple but expensive one, SnapBots reduce the cost of long put position by adding a short put position at a lower price

Build Your Own AMM Bot


While many people may want to dismiss cryptocurrency trading as a passing fad, there's no doubt it's becoming an economic force to be reckoned with. In fact, the global cryptocurrency market value is expected to reach $3.7 billion by 2027.

Cryptocurrency trading bots dig into the inner workings of this emerging market and outline the best strategies to grow crypto portfolio. SnapBots is a trading robot with a different concept and is completely automated.

With Snapbots there is no Import API, it becomes more secure, with snapbots you don't do manual bot setup, because the concept of snapbots is staking. So we only need to store our crypto in a snapbots wallet and then stake it. And snapBots will manage our funds in the market with a suitable trading strategy at that time, and we will get an interest from it.

About SNAPBOTS


SnapBots is an artificial intelligence (AI) research firm based in BVI with global users. Driven by its focus on fields of machine learning and deep learning, it aims to supply trading bots as a service.
For more information, please visit:

SnapBots- https://snapbots.io or FAQ section https://snapbots.io/faq.php

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