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This implies for every exchange they support; you can have any number of exchange accounts connected. Whether you have 10 Binance accounts or 1 for every exchange we support, Shrimpy works for your needs. When you have selected your account type and connected it through your API secrets offering the bot access to your account, you can then start letting Shrimpy automate your portfolio management.

< Read More Here ="p__1">You can do this throughout multiple linked exchange accounts with different assets in each custom portfolio you make. Or you can copy other traders' portfolio through the social leaders include. With a single click, you will instantly start implementing the same technique as the leader you follow. Each time the leader alters his portfolio, executes a trade, or adjusts his method, those modifications will quickly be copied to your portfolio.

Security Shrimpy is one of the most safe crypto bot platforms on the market. Every API secret is safely encrypted and stored using validated hardware security modules to safeguard the privacy and integrity of your exchange API keys. Shrimpy only needs the ability to check out data and make trades, so your funds can not be removed from the exchange.

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Portfolio Management Social portfolio management is an idea that is being specified by Shrimpy. They permit crypto investors to take advantage of social portfolios by copy leading traders, discuss various methods, and automate their portfolio. Shrimpy is not designed for trading signals or indicators like numerous other crypto bots. Rather they focus on portfolio management through easy automation of things such as rebalancing, dollar-cost averaging and stop loss.

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Social Trading Related to portfolio management, social trading is the most special function of Shrimpy and what separates it from other crypto trading bots. As discussed earlier, with one click you can execute a leader's strategy, but it goes even more than that. Fans have direct access to a powerful portal where they can search the top crypto traders and leaders in the market.