There are few technical skills you will need before you can consider how to create and build a crypto trading bot via scratch, that includes:
Programming Language
There are many programming languages that tech innovators create cryptocurrency trading bots includes, C, JavaScript, and Python.
API understanding and access
An API (Application Programming Interface) permit two computerized programs to communicate with each other. Most crypto exchanges allow you to generate API keys more effortlessly, but you’ll need to ensure you have the right permissions for your crypto trading bot to execute trades correctly.
Knowledge of Trading Strategies
There are many trading strategies to pick from, such as arbitrage trading, technical trading, and leverage bots.
Analytical skills
Not all crypto bots are made equal. The best-performing bots are made by developers who analyze market data and create effective trading algorithms.
Historical market data access
Testing your bot before you let it loose with your crypto is crucial and it’s where backtesting comes in. Backtesting refers to giving your bot access to historical market data to see how your bot performs and make improvements or fixes.
