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re: Crypto Trading Bots

Posted on 11/5/21 at 9:23 am to
Posted by Special K
Member since Jun 2011
1113 posts
Posted on 11/5/21 at 9:23 am to
Posted by Zzyzx
Member since Nov 2018
2057 posts
Posted on 11/5/21 at 9:48 am to
So it’s the DCA bots you need multiple of?

The free and $14/month both only provide 1 DCA bot
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4801 posts
Posted on 11/5/21 at 11:15 am to
Unless it’s changed recently, 3 commas would let you make one composite bot with 5 different cryptos on the free plan. Think someone said they did change that up a bit though. Otherwise, get the advanced plan and have unlimited single bots.
Posted by LordSaintly
Member since Dec 2005
39477 posts
Posted on 11/5/21 at 11:44 am to
quote:

XTZ, IOTX, and LINK have been closing deals for me this morning.


IOTX has been very good to me. I'm trading all USDT pairs though (which was a mistake), so I can't trade a lot of popular cryptos.

I'm going to convert everything to USD pairs.


ETA: Also, Coinbase isn't allowing IOTX/USDT trading right now, which cost me some money because I didn't notice it soon enough.

If you're trading fiat, stick with USD pairs.
This post was edited on 11/5/21 at 11:54 am
Posted by TigerMan327
Elsewhere
Member since Feb 2011
5442 posts
Posted on 11/5/21 at 12:08 pm to
Is the consensus to use coinbase pro if binance.us is not available in your state? Aka Louisiana
Posted by Mark Makers
The LP
Member since Jul 2015
2352 posts
Posted on 11/5/21 at 12:12 pm to
quote:

Is the consensus to use coinbase pro if binance.us is not available in your state? Aka Louisiana


Interested in this as well, I just registered for FTX.us but maybe I should switch to Coinbase before I get started.
Posted by TigerMan327
Elsewhere
Member since Feb 2011
5442 posts
Posted on 11/5/21 at 12:15 pm to
I had planned to move forward with FTX but everyone talking coinbase
Posted by LordSaintly
Member since Dec 2005
39477 posts
Posted on 11/5/21 at 12:42 pm to
quote:

Interested in this as well, I just registered for FTX.us but maybe I should switch to Coinbase before I get started.


I can't speak for everyone else, but yeah I'm using Coinbase. It's good, but I know I could make more with Binance.

FTX may be fine to use but I'm not familiar with it.
This post was edited on 11/5/21 at 12:44 pm
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4801 posts
Posted on 11/5/21 at 12:55 pm to
Just look at fees closely. You may make 25-50 trades in a day. Those fees can definitely cut into your profits!
Posted by Aug1
Member since Nov 2013
79 posts
Posted on 11/5/21 at 1:33 pm to
What technical indicators are you using as your buy signal. I’m using RSI
Posted by Tadey
Baton Rouge
Member since Aug 2012
551 posts
Posted on 11/5/21 at 1:37 pm to
Im interested in someone's opinion on this with more experience as well. I think a lot of us are from Louisiana and wondering what the best exchange to use for this is?

Coinbase has high fees but is it still best for us?
Posted by Special K
Member since Jun 2011
1113 posts
Posted on 11/5/21 at 1:46 pm to
I’m using FTX.US in Louisiana and it’s been fine for the whopping 2 days I’ve used it.

3 commas and FTX have some type of partnership for lower fees but I’m not sure I’m hitting those. I think you may be able to get some more advanced features without paying for a subscription though:

https://3commas.io/blog/ftx-3commas-a-fruitful-partnership-for-traders
Posted by Mark Makers
The LP
Member since Jul 2015
2352 posts
Posted on 11/5/21 at 1:52 pm to
FTX.us has 28 different cryptos available from what I can tell, it sounds like Coinbase Pro may have alot more than that? Can you Coinbase folks confirm? That may be something to consider too
Posted by Special K
Member since Jun 2011
1113 posts
Posted on 11/5/21 at 1:52 pm to
Coinbase pro fees up to $10k - maker/taker both .5%
FTX - maker .1% / taker .4%
Posted by Tadey
Baton Rouge
Member since Aug 2012
551 posts
Posted on 11/5/21 at 1:53 pm to
Thanks very interesting. Looks better than coinbase pro to me. I think ill try it out.
Posted by Tadey
Baton Rouge
Member since Aug 2012
551 posts
Posted on 11/5/21 at 1:59 pm to
LINK

Uhhhhh... thoughts?
This post was edited on 11/5/21 at 2:01 pm
Posted by Mark Makers
The LP
Member since Jul 2015
2352 posts
Posted on 11/5/21 at 2:01 pm to
goto FTX.us not ftx.com
Posted by Special K
Member since Jun 2011
1113 posts
Posted on 11/5/21 at 2:02 pm to
FTX.US not .com
Posted by Tadey
Baton Rouge
Member since Aug 2012
551 posts
Posted on 11/5/21 at 2:03 pm to
Ah, sorry guys. I followed link in the article you sent. Thanks.
Posted by Special K
Member since Jun 2011
1113 posts
Posted on 11/5/21 at 2:04 pm to
Coinbase definitely has a lot more pairs than FTX which is a perk
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