Bithumb Adds Auto-trading Function

[Micky]

The South Korean crypto trading platform Bithumb has launched an “auto-trading” service – after partnering with a firm that will allow customers to trade using automated bots.

Per Hanguk Kyungjae, the trading platform, South Korea’s market-leader, has sealed a deal with a firm named Crom Innovation (transliterated company name), which specializes in trading bot solutions for the crypto industry.

The firm stated that it uses “advanced financial mathematics algorithms” and can help traders complete “repetitive transactions between high and low prices,” claiming that this feature would be “useful in a sideways-traveling market.”

Bithumb stated that its new auto-trading could be used for all the tokens it lists, adding that it has fully integrated the function with its platform, meaning traders do not need to install additional apps meaning that first-time investors could also make use of it.

more information