The cryptocurrency market is said to be highly volatile. Additionally, crypto investors trade in digital currencies round the clock from all over the world. Given the rapid fluctuations in pricing, periodic slowdowns of crypto exchanges, and slower transactions, people find it difficult to monitor and oversee crypto trading.
To achieve productive trading results, one must keep a watch on crypto exchanges every second, which is hard to do. This is where cryptocurrency trading bots come into play.
Crypto trading bots are computer programmes that trade cryptocurrencies across different platforms automatically. They work on behalf of owners or individuals.
MevEngine, a Private Tech Agency of Blockchain Engineers, Quant Developers, and Strategists, offers a wide range of trading bots to help traders and private companies ace the market. They work on the Decentralized Finance market [DEFI] and CEFI markets like the popular Coinbase.io, Binance, and Kucoin.
MevEngine uses a well-developed and audited smart contract, lightweight code, and improved algorithms to deliver top-quality trading bots.
Read on to learn about trading bots from MevEngine.
HFT DCA Trading Bot
MevEngine HFT DCA Pump Sniping bot combines the effectiveness of an HFT [High Frequency Trading] algorithm and DCA Pump Sniping technology to accurately move and capture profits along with the ever-changing market movement.
Using a combined advantage of day-trading and position trading HFT DCA trading bot ensures a consistent ROI [Return on investment] regardless of what the market is doing, either in recession or in a bull run. You are always covered with the DCA trading technology.
Sandwich Mev Trading Bot
MevEngine created the Sandwich Mev trading bot with solidity programming and properly structured smart contract. It is also known as a secured Sandwich Arbitrage contract bot, and hundreds of traders or businesses use it to make large gains.
The Sandwich MEV bot has powerful, smart contracts and complex algorithms, which lead to improved transaction speed and the ability of the bot to look for profitable transactions and quickly frontrun/backrun [sandwich] numerous times per day for profit.
FLASHLOAN DEX ARBITRAGE BOT
Arbitrage Trading is one of the safest ways to trade online and earn a profit on price differences that will never go away. DEX Arbitrage, also known as Decentralized Exchange Arbitrage, is a dependable trading method that profits on price disparities across decentralized exchanges.
Decentralized exchanges are cryptocurrency exchanges that run on Decentralized blockchain networks, allowing users to trade cryptocurrencies in a peer-to-peer manner without an arbitrator’s requirement. These exchanges utilize Automated Market Makers (AMMs) to decide cryptocurrency prices, which may sometimes result in price disparities between exchanges.
DEX arbitrage is the practice of purchasing a cryptocurrency on one DEX at a cheaper price and simultaneously selling it on another DEX at a higher price, benefitting from the price difference.
Flashloan DEX Arbitrage bot by MevEngine scans several Blockchains and DEX marketplaces for Flashloan opportunities 24X7 and executes each successful Flashloan deal very swiftly. Flashloan capitalizes on price fluctuations and price differences across DEXes to execute a quick buy low / sell high trade, resulting in a profit.
Summing Up!
All these trading bot products by MevEngine provide the ideal technological support required to automate profits reliably and profitably. These products are designed with faster, next-gen algorithms and have enabled thousands of crypto traders to automate their trades to rake in large profits.
