For those that are successful in developing cryptocurrency trading software, it may be both a personally and financially rewarding endeavor. The most crucial aspect of this strategy is to have a staff that is passionate and dedicated, as well as having all of the necessary abilities and expertise.
It will take longer to develop a more complex bot that can trade on numerous exchanges. More time will be required to develop the algorithm and ensure that there are no visible security holes that hackers might exploit.
Select a bot trading model:
What are trend tracking, arbitrage, and market making, for example? Keep in mind that more complicated trading models will take longer to construct.
Make a decision about which programming language you’ll use:
Make accounts with all of the exchanges:
The procedure for creating an account is straightforward. Please keep in mind that the procedures for creating new accounts varied amongst exchanges. Personal information must be reviewed and approved on some exchanges, while others allow for anonymous trade. Because vetting takes time, keep that in mind as you plan your project.