Does it sound good? Auto THORChain trading and doing trades while you’re with friends. This sometimes seems unthinkable, but it certainly isn’t. Using a cryptocurrency bot you can automatically trade with preset strategies. On this page I explain exactly how to do this.
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Crypto trading bot THORChain
A crypto trading bot will help you execute your strategies. The problem with advanced crypto traders is that they also have to leave the house . Because of this the traders miss lots of time of value changes and they can’t make trades on this. A THORChain bot can help you execute these trades without having to be behind the PC in person.
By using preconceived plans and ground rules, you can let your RUNE robot manage the trades. The THORChain bot automatically buys THORChain when the right moment occurs and sells it when you reach the target profit (or loss). Therefore, you can trade on many trading pair and the robot will automatically look for the best options for you.
Automatically trading THORChain can be a bit difficult in the beginning. All of a sudden you have to calculate out your own strategies and enter them into the robot. To do this, it is crucial to have a good sense of when you want to get in, sell and which stop loss you are going to use. A good cryptocurrency bot is Cryptohopper.
THORChain and Crytohopper
Cryptohopper is one of the best known trading bots that can help you implement your strategies. The professional sellers can build their own trades in a robot and the amateur trader can even duplicate methods from others.
When trading THORChain a lot can go wrong, especially when your robot does all the trading for you. A bot is completely rational and follows all your directions. Do you set something the wrong way? Then your robot will respond wrong for you.
The Cryptohopper marketplace is therefore a good beginning. Here you can use strategies from professional traders and even set up state of the art strategies before buying your THORChain bot. This way you can trade with the professionals and try to make some money while you relax or go out with family.
Cryptohopper marketplace
On the website of cryptohopper you can choose from three different products, namely: Templates, Strategies and Signals. The Templates are ready-to-use tactics that you can imitage on your THORChain robot. The templates incorporate the basics for buying and selling. Are you purchasing a template from a pro trader in the marketplace? Then the template can contain state of the art settings.
Strategies can also be copied to your own THORChain bot. These can be trading strategies with Technical Analysis or Candle patterns. These strategies can of course be set by you, but you can also buy them (or sometimes for nothing) from the professionals.
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With Signals it is probable to fully copy the robot of a pro and trade with the same positions as the experienced trader. The bot answers to the bot setting of the pro and makes sure it completes exactly the same trades. Of course it is recommended that you follow the most experienced trader, although this applies to every option of cryptohopper of course.
Cryptohopper exchanges
The nice thing about the cryptohopper is that you don’t need to put your own money on it or anything like that. You can connect the THORChain robot to your main cryptocurrency exchange and let the bot trade from there. This is done by using an API key that you can effortlessly create.
You can keep your cryptocurrency on the best known platforms and let your RUNE bot do all your trades. The best known platforms for connecting your THORChain bot are listed below. As far as the fee is concerned, these platforms are pretty cheap:
| Bitvavo | Payment with iDeal | View exchange |
| Binance | 150+ crypto | View exchange |
| OKEx | Free bitcoin | View exchange |
| KuCoin | Lesserknown coins | View exchange |
Don’t you have an account here yet, but would you like to trade in THORChain automatically? Then you can get one for free using the mentioned links. We also advice to do this because in busy markets, for example, Binance has had a membership stop. Take this to heart and be sure you get started quickly, even if you don’t want to start right now. Via the guidance video below you can see exactly how to connect your exchanges with the cryptocurrency bot.
Starting with a THORChain robot
Cryptohopper is relatively easy to use compared to other crypto robots. Moreover, you can start with a free 7-day trial. This can always be stopped, but it does give you the chance to view cryptohopper for free and possibly make your first profits already. Are you enthusiastic and do you want to go for it? Then you can buy the cryptohopper THORChain bot in different price ranges.
You start with the free seven days, always good. After that, you have the chance to pick the Explorer ($19 p/m), Adventurer ($49 p/m) and the Hero ($99 p/m). The better the bot, the more possibilities you can use. Below you will see the precise advantages of each THORChain cryptohopper robot. You can always trade with one of the robots on your favorite platforms. A THORChain bot is very suitable to use when you conclude that the crypto price prediction of a certain coin like THORChain will increase in value.
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