Automated Trading on a Decentralized Exchange

AUTOMATED TRADING ON A DECENTRALIZED EXCHANGE

Automated Trading on a Decentralized Exchange

Welcome to Tickerly, where innovation meets efficiency in the world of automated trading on a decentralized exchange. We are excited to announce our new integration with ApeX Pro, a trailblazer in the decentralized derivatives market, expanding our automated trading portfolio.

ApeX Pro: Redefining Decentralized Trading

ApeX Pro isn’t your average decentralized trading platform. As a multi-chain, permissionless trading system, ApeX Pro is meticulously engineered to facilitate high-performing precision trades. Offering limitless cross-margined perpetual contracts under a unique social trading framework, ApeX Pro represents a bold new direction for decentralized trading.

ApeX Pro integrates StarkWare’s Layer 2 scalability engine StarkEx and Validium to offer multi-chain support, minimal fees, profound liquidity, and ultimate security. By incorporating ApeX Pro into our supported platforms, Tickerly enables you to leverage the power of decentralized derivatives trading in an automated setting.

TICKERLY TRADING

Benefits of Automated Trading on ApeX Pro

Automating your trades with Tickerly on ApeX Pro opens the gateway to limitless access to the perpetual swaps market, along with several distinct benefits:

Efficiency

The combination of Tickerly’s advanced algorithms and ApeX Pro’s platform enables fast, precise, and efficient trades, maximizing your returns.

Performance

The integration of StarkEx and Validium into ApeX Pro ensures high-performance trading with low fees and deep liquidity, enhancing your trading experience.

Security

Trade with peace of mind knowing that ApeX Pro provides transparency on all trades, supported by Tickerly’s robust security infrastructure.

Flexibility

Tickerly’s support for ApeX Pro brings together the flexibility of multi-chain, permissionless trading with the efficiency of automated trading.

UNDERSTANDING THE DIFFERENCE

Understanding the Difference: Centralized vs. Decentralized Crypto Exchanges

When navigating the world of cryptocurrency trading, one of the fundamental distinctions to grasp is the difference between centralized and decentralized exchanges.

Centralized Exchanges (CEXs)

Centralized Exchanges (CEXs) function much like traditional stock exchanges. They are managed by a central authority or company that facilitates transactions between buyers and sellers. Centralized exchanges store users’ funds and personal information, making them convenient for high volume trading and offering advanced trading features. However, this centralization can make them vulnerable to hacking attempts and often come with privacy concerns due to the necessity of thorough user identification processes.

Decentralized Exchanges (DEXs)

Decentralized Exchanges (DEXs), on the other hand, operate without a central authority. They use smart contract technology to automate the matching and execution of trades, eliminating the need for an intermediary. This gives users full control of their funds, offering enhanced privacy and reduced risk of hacks. DEXs, like ApeX Pro, also provide the advantage of permissionless, peer-to-peer trading across various blockchain networks. The trade-off, however, is that they can sometimes be more complex to use, particularly for beginners, and may have less liquidity than their centralized counterparts.

Inside Look at Automated Trading on ApeX Pro with Tickerly

Getting started with automated trading on ApeX Pro through Tickerly is a streamlined process. First, you need to sign up on ApeX Pro using your Web3 wallet. Once done, you can transfer your funds to the exchange. You don’t need to manually create an API – simply locate your API and Stark keys on the platform.

After this, you can register these keys with Tickerly, set up your strategy alerts, and voila! You’re ready to delve into the world of automated trading on ApeX Pro.

SETTING UP AUTOMATED TRADING ON A DECENTRALIZED EXCHANGE

Setting up Automated Trading on a Decentralized Exchange

Step 1 : Register an Account

Select the Tickerly subscription plan that best suits your trading goals and sign up.

Step 2 : Connect your Apex Pro Account (API + SPARK)

Effortlessly link your Apex Pro account to Tickerly through a few simple steps, ensuring a seamless trading experience.

Step 3 : Set your Strategy on TradingView

Configure the strategy on TradingView and automate as many TradingView strategies as you want.

Step 4 : Sync your Tickerly Bot with a TradingView Alert

Import a standard alert message into your strategy notifications within just a few clicks to activate any strategy.

Step 5 : Start Trading on ApeX Pro

Sit back and observe as your TradingView strategies are flawlessly executed, freeing up your time to focus on broader aspects of your trading journey.

Tickerly: Your Partner in Automated Trading

At Tickerly, we strive to make automated trading accessible, efficient, and profitable. Our platform is designed to be user-friendly and capable, allowing traders of all levels to implement and manage their trading strategies effectively. With our newly added support for ApeX Pro, we are extending our commitment to facilitating seamless automated trading in diverse markets.

Start your automated trading journey with ApeX Pro and Tickerly today. Together, we are shaping the future of decentralized trading.

Tickerly