Crypto markets move in the blink of an eye — APIs help pros stay ahead

Published at: Aug. 15, 2022

An advanced Bitcoin exchange says it offers the fastest API on the market — paving the way for enhanced and automated crypto trading.

HitBTC says its offering is geared towards professional traders who want to stay on top of the latest market fluctuations even while they sleep.

APIs ensure transactions can take place 24 hours a day, seven days a week — fitting given how the crypto industry never stops.

Not only can this allow professionals to take a much-needed break away from their screens, but it gives them a chance to power their energy into other activities.

HitBTC told Cointelegraph: "Modern automated cryptocurrency trading relies entirely on APIs that transmit information to trading bots that are able to analyze the situation on the cryptocurrency market and make decisions that are beneficial to users."

Crypto markets can move in the blink of an eye — responding to breaking news such as interest rate announcements, inflation figures, or adoption news.

Bots can help professionals stay one step ahead of the game, buying them precious seconds against those who are executing trades manually.

More insights from HitBTC here

New features

HitBTC says its API delivers programmatic access to the exchange's next-generation trading engine — and all current users are encouraged to use V3.

Features are continually being added on a regular basis — including take profit orders and cash-settled futures to name a few.

New trading pairs are being continually added to its margin trading tool too — uniting top altcoins with the likes of Tether, Bitcoin and Ether.

Another crucial addition has been Euro Coin, which as you might expect, is a euro-backed stablecoin issued by Circle.

While the API is designed for professionals, HitBTC's crypto wallet is designed to be a free, simple solution for beginners.

Further bouts of volatility will inevitably lie ahead as the crypto winter continues, with a challenging macroeconomic climate piling pressure on stocks and digital assets alike.

Having access to the right tools — including a cutting-edge API — can ensure that traders are prepared for whatever comes next.

Learn more about HitBTC

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.

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