What is algorithmic crypto trading?

Algorithmic crypto trading is automated, emotionless and is able to open and close trades faster than you can say "HODL". Thousands of these crypto trading bots are lurking deep in the exchange order books searching for lucrative trading opportunities.

Can a crypto trading algorithm put out orders for more than one cryptocurrency?

Except, in this case the crypto trading algorithm will put out orders for more than one cryptocurrency. It will output the specific buy / sell orders for XMR and ZEC separately. This is perhaps one of the most favorable trading opportunities that exist for crypto trading algorithms.

Are crypto trading bots real?

Yes, crypto trading bots are real and are responsible for executing the algorithmic trades. With that basic knowledge of algo trading, take a closer look at some of the most popular algo trading crypto strategies. Moving averages are not a strategy by themselves, but they are the basis for many strategies.

How does algorithmic trading affect the market?

Market Impact: Large algorithmic trades can have a significant impact on market prices, which can result in losses for traders who are not able to adjust their trades in response to these changes. Algo trading has also been suspected of increasing market volatility at times, even leading to so-called flash crashes.