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Are there any specific tools or platforms recommended for pairs trading in the crypto industry?

avatarAshish PanwarNov 29, 2021 · 3 years ago3 answers

I'm interested in pairs trading in the crypto industry and I'm wondering if there are any specific tools or platforms that are recommended for this type of trading. Can you provide some insights on the tools or platforms that can help with pairs trading in the crypto industry?

Are there any specific tools or platforms recommended for pairs trading in the crypto industry?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    When it comes to pairs trading in the crypto industry, there are several tools and platforms that can be helpful. One popular tool is TradingView, which provides advanced charting and analysis tools for traders. Another option is Coinigy, a platform that allows you to connect multiple exchanges and trade directly from their interface. Additionally, some exchanges like Binance and Coinbase Pro offer built-in pairs trading features. It's important to do your own research and find the tool or platform that best suits your trading strategy and preferences.
  • avatarNov 29, 2021 · 3 years ago
    Pairs trading in the crypto industry can be done using a variety of tools and platforms. Some traders prefer to use manual methods and rely on their own analysis, while others use algorithmic trading bots to automate the process. There are also platforms like BitMEX and Deribit that offer futures and options trading, which can be used for pairs trading strategies. Ultimately, the choice of tools and platforms depends on your trading style, risk tolerance, and the specific pairs you are interested in trading.
  • avatarNov 29, 2021 · 3 years ago
    BYDFi is a popular platform in the crypto industry that offers a range of tools and features for pairs trading. With BYDFi, you can easily analyze and trade pairs on multiple exchanges, all from one platform. They provide advanced charting tools, real-time market data, and customizable trading strategies. Whether you're a beginner or an experienced trader, BYDFi can be a valuable tool for pairs trading in the crypto industry.