crypto exchange. StockSharp

Principles for trading cryptocurrencies

2020-09-01T13:33:56Z

Speculative trading is widely spread type of trading on most well-known exchanges nowadays. Without any doubts the crypto exchange is not an exception. Buying cheap and then selling it for a higher price is the basic principle of classic trading.[wink]

From now onwards it should be said that for a trader who trades foreign exchange or securities market the move to the sphere of crypto trading going to be enough clear and simple to understand. [happy]
Besides it, we need to mention that the crypto trading becoming a very popular among beginners. This is due to ease access and loads of trading platforms along with name of tokens (cryptocurrencies).

Let's review the crucial tools for traders for a quick introduction of the base principles of crypto exchanges.[nerd]

- Graphs
- An order to buy or sell
- History of executed orders, trading volume (market data)

Let's look at these components one by one. [nerd]

Our first financial tool is a graph or chart. Most of the best trading software programs give the building graphs a high priority. So, for example, all software from S# have function to build graphs to capture the whole information of a current trade. Moreover, our free trading terminal S#.Terminal make it possible to trade right from the graph. [love]

So what do we mean by repeatedly saying the word graph?

The chart(graph) - is a history of quotations of a crypto pair, the ratio of the rate of one crypto pair to another including the ratio of fiat money (dollar, euro, and others).
The most popular chart is Japanese candlesticks, they provide maximum needed information and provide the ratio spread (the difference between the best sell (ask) and the bid (buy) that are relevant now on, the smaller the spread, the greater the liquidity of the given security)[ninja]

A Japanese candlestick is a type of price chart that's main because of its very informative and the view of price movement for the chosen period of time. It makes it simple to do technical analyse of trading strategies, adjust, and correct the trading robots were built by it. More detailed explanations about candles we will tell in new article.[wink]

Potential risk of cryptocurrency market!

2020-08-25T12:34:08Z

Nowadays many experts concluded that cryptocurrency market is a financial bubble and its capitalization is blurred and unconfirmed.

However, in the light of growing algo traders and popularization of cryptocurrency, also as a form of cashless payment, might question the expert’s opinion about market decline. [laugh]

In any case, an algo-trader must consider all risks related to market fall.[smart] And with a help of trading software which can consolidate trading data and base on this data to build all necessary indicators. S#.Data(Hydra) is a great solution for managing market risk analysis. Hydra allows you to collect all market data and trade related data where a trader will be able to analyse market trends and make a right decision particularly any financial asset.

The forecasts of cryptocurrency market and crypto-trading are different of their development measure. So, the value of cryptocurrency market is estimated in hundreds of millions of dollars and its capitalization continues to grow. Therefore, crypto-trading becoming popular form of trading and in many cases more accessible to trade.

Traders have no fear of recent China announcement about regulation of blockchain industry, where some standards will be involved and function in China.

Let’s highlight the most common risks of cryptotrading:

- A myriad of different crypto tokens and therefore you will face a challenge and confuse to pick up a right one to trade
- The lack of proper regulation what lead to fraud in the market
- The lack of information of crypto capitalization of market cap it is under question
- A right choice of your strategy and trading software

However, it should be said that these cons also have some pros for traders, for instance a big choice of trading securities and access to it, ability to enter any market because of large number of platforms, multiple trading solutions and trading systems![happy]

The StockSharp company gives you a full list of everything you need for successful trading with minimal risk. You can buy our connectors to connect the most popular and famous cryptocurrency exchanges as well as program software which able to analyse the market condition and trends to make a right decision without any loss. More information about our products you can find on our website.

Potential risk of cryptocurrency market!

2020-08-25T12:34:02Z

Cryptocurrency trading strategies

2020-08-18T13:46:33Z

We’ve discussed about crypto-trading previously and today we continue our talk![happy]
Let’s take a look at one of the methods given by trader Hacker Moon and explain everything in details.
What is this method about and how to implement it? The base of this trading method is lied in a very simple action - to store your coins. The trader considers storing the several types of coins for a long-term period while monitoring the market and selling other tokens the price of within a day started to increase and vice versa.[wink]

The perform this type of trading is quite logical, right? However, you should understand and take into account that different exchanges trade different coins. And trade with various different crypto-exchanges, not just exchanges is pretty complex process and you have to be extra careful.
Most of crypto-exchanges such as Bitfinex, Binance, BitMEX and others, should be connected through connectors.

The StockSharp company developed a truly unique solution for traders, where each and single one can simply buy all required connectors in combination with our free trading platforms such as S#.Shell и S#.Designer give you a great opportunity simultaneously work with several crypto-exchanges! The use of this connection allows you to get all helpful tools and earn profit from growth of token market capitalization while the trading strategy itself don't take much of your time.[wink]

This trading technique is very simple; besides, it will decrease your risks since you handle with changing assets during the day, sell higher and buy lower. In fact, a trader does a diversification of assets by savings redistribution.[ninja]

Read more about our software programs to know and apply all possibilities and be able to fully manage your strategy by reducing risks and increasing profits.[love]

Cancel crypto-licenses!

2020-08-13T12:50:56Z

Hello!

Recently we’ve provided a great opportunity to know how our FIX connector works. Now we are making another step ahead and deactivating licenses for Binance, Bitmex, Deribit, DigitexFutures, Kucoin, PrizmBit in demo environment.

Now, if you are an owner of a our license, then you can simply work with demo on appropriate exchange without any license!

It’s very convenient to use in terms that your programmer won’t need to generate any additional licenses for access to your demo accounts, and the whole process gonna be easy and more stable.

However, we should mentioned that because of some technical reasons if you haven't crypto license yet you can’t be able to get all benefits of the license cancelling, it’s only available for existing owners of appropriate license. So within 7 days we will give you a 40% discount of the basic cost for any crypto-license (without source code).

To get a discount please click the link.

If you want to purchase more than 1 license then please easily us to info@stocksharp.com and the whole discount will be even bigger.

How to start trading cryptocurrencies?

2020-07-15T14:06:28Z

If you have decided to trading cryptocurrencies, then you should evaluate all the risks associated with this type of trade. In other words, without some basic knowledge and experience it's highly risky that might be causing you lose money rather than making it.

What are differences between trading vs crypto trading? Crypto trading has its own characteristics and advantages.

Some of them are:

- Growing number of cryptocurrencies
- A myriad of different trading exchanges
- A large number of different coins

According to the above information, a trader should be able to distinguish and pick the most promising coins, in addition the trader is required to possess many tangible and intangible skills for successful trading.

Let's highlight a key set of skills and knowledge that trader must have:

- A trader should know how to analyse the crypto that has been chosen to trade and necessary to understand the correlation along with the rate dependence and trade volume to understand investment activity.
- A trader needs to learn is to how to read and build out a price chart and the coding scheme that was introduced for the crypto currency.
- A trader must learn to trade correctly by having the patience and a strong mental attitude
- You should constantly monitor and make historical data analysis

These simple rules will help a trader to perform a successful trade in cryptocurrency market. The complexity of analyzing market data is determined not only by a proper knowledge but also a possibility to get it.

In an effort to facilitate and help the traders our company has developed a unique program called S#.DATA (Hydra). It gives you not only the ability to retrieve the market data but to analyse, build custom trading indicators and conduct the predicting behavior of the digital token.

Let us clarify and assure you that Hydra is absolutely free moreover can save data in a file format what can be used in any other platforms. To get more detailed information about our products can be found on the StockSharp website.

FAQ on Crypto trading. Сrypto trading what is it?

2019-12-02T16:13:58Z

Good afternoon.
Today we will consider a relatively young type of trade - Сrypto trading. What is the difference between cryptocurrency token trading and traditional trading? Traditional trading is, for example, trading in precious metals, currencies and stocks. The main difference between crypto trading and trading on the stock market is the high volatility of the exchange rate.[nerd]
Traders want to get a return of thousands of percent of the transaction, but in the stock market, such transactions are extremely rare, and the time of its occurrence is large enough, they buy shares of little-known companies in the hope of increasing capitalization, which is sometimes not feasible. Below is a graph of the change in the exchange rate of various exchange instruments for several years, which shows how much the exchange rate of cryptocurrency is changing, which allows you to earn more.

In Crypto trading, fast trades with high returns are quite common. Crypto trading has the greatest similarity with Forex trading. Here, too, the value of currencies is volatile, and stock speculators earn by selling more expensive cryptocurrency and buying cheaper.
Different strategies and opportunities can be used to work in the cryptocurrency market. The Designer program, for example, offers a trading solution by building its profitable strategy.

Anyone, even a novice trader, can build his robot with the help of cubes responsible for the trading algorithm. Built-in capabilities for debugging strategies on different markets, with the ability to trade on several platforms at once, make it an indispensable tool. More information about all the products of our company can be found on our website.