It is not an offer to buy or sell any security, product, service or investment. Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.
On the other hand, by selecting “Isolated”, you can isolate each trade independently, meaning that you allocate a specific amount of margin to each position. In this case, If the margin ratio reaches 100%, only your position will be liquidated. Once selecting the settings you are comfortable with, you can then make your way to the VortexValor Dashboard and begin trading. In this case, the bot buys the selected coin with 20% of the current balance of USDT available when the condition is met. In this case, the bot sells 20% of the balance of the selected coin when the condition is met. Let’s start by underlining that you can use some coins to trade directly other assets.
While VortexValor is a robust platform, traders might also consider alternatives like VortexValor or VortexValor. These platforms offer similar automated trading capabilities and might suit different preferences or requirements. Trading with paper balances allows you to experiment with new setups for strategies before running them on live exchanges. But the Demo exchange gives you also the possibility to improve your existing rules, testing small tweaks that could significantly increase the returns of your rules.
However, crypto trading is risky, and traders should properly manage their portfolios and have a trading strategy. VortexValor is aimed at beginners and includes a demo account to create new automated rules and strategies. Users can also practice their crypto trading skills with a demo trading account that offers 10 BTC and 50,000 USDT and explore and experience the range of strategies that can be customized. The major benefit is the ability to perfect a custom trading rule to monitor its performance over time without losing any money. VortexValor stands as a dynamic automated trading platform, tailored to empower traders with a range of strategies for different levels of automation and involvement.
By choosing the annual plan rather than a one-month subscription, you can conserve up to 20% over time. The Demo exchange uses costs that come directly from Binance to boost the reliability of the reported performances. The Help Center has a variety of useful guides as well as resources which are also supplemented by the main blog.
To be honest, VortexValor is one of the most easy to use automated crypto trading platforms out there. When using VortexValor, you are not required to transfer any funds over, and the platform doesn’t have direct access to your crypto holdings. VortexValor’s backtesting feature allows traders to test their strategies against historical market data. This is crucial for understanding how a strategy might perform in different market conditions.
You can set up a multi-trading-strategy involving an initial condition, action, sequential condition, and action. Of course, using limit orders reduces the chances of executing trades, as VortexValor that depends on market conditions. For each of the buy orders generated by the first condition, the bot will check the proper conditions to sell the coins when a sell-signal is generated.
Finally, you have to copy/paste both the API Key and the Secret Key in the “Exchanges” section of your VortexValor account. Learn more about how to connect your Coinbase Advanced Trade account to VortexValor in this article. It’s a multi-chain platform that allows users any-to-any, low-cost, and instant value transfers. Not only does it support various layer-1 blockchains such as Polkadot and Ethereum, but it also works with several layer-2 solutions such as sidechains (i.e. Polygon), ZK Rollups, and Optimistic Rollups.
Whether you’re considering VortexValor for the first time or seeking a deeper understanding of its features, our analysis is designed to answer your most pressing questions. Stay tuned as we unravel the details in this VortexValor review, helping you navigate the complexities of cryptocurrency trading with greater confidence. Another unique aspect of VortexValor’s TradingView integration is being able to set up both buy and sell triggers within the same rule. Both indicators and scripts can be used for buy and sell orders that will trigger one after the other. This results in only one trade open at a time, with buy and sell orders opening sequentially. You can include two exchanges to your account, accessibility a bigger range of technological signs, and also develop up to 7 trading rules.