How many exchanges out there for the cryptocurrency?
The best source to respond to this question is coinmarketcap where they have 273 exchanges in their list.
Another good source of a website for the cryptocurrency is coingecko where they have 358 exchanges listed on their website.
It means there are many exchange sites, out there for cryptocurrencies, and every exchange has there owned pros and cons.
- For different countries there are different exchanges.
Exchanges focus on a specific region or country so they don't offer transaction in every fiat currency but rather offer for that region or country only. - Different exchange have there owned exchange type.
Maybe you will find BTC ETH trading pair in one exchange but will not find it in another. - Fiat transaction.
If an exchange is for a specific region or country then you can only convert your coins to that fiat currency which they have on there plate form. - Exchanges with low fees.
You will find some exchanges which may not offer many cryptocurrencies but the one that they offer is with low fees. - Exchanges with high volume.
This is mostly the best option to select an exchange as you will always have a volume to trade-in.
So everyone have an account in almost more than one exchange, I have an account in a few exchanges, How many do you have? (Spoiler: Laughing this question was for fun. )
Everyone has an account in more than 1 exchange and to better take advantage of the trading skill, programmer created there own code according to there skill on market and analysis that they did on the pair so they created a code for there needed and run them at the time when it suite them and at the end earn allot. But what about those programmers who know a little bit about trading but don't know how to code a program according to there need.
Introducing
YANDA.IO
Yanda allows automatic trading strategies across multiple exchanges without the need to code. Yanda is not an exchange but a platform where you can take benefit by connecting to many different exchanges.
Yanda integrates multiple crypto exchanges via API keys to provide a cloud-based Personal Automated Trading Software that allows the creation of automated trading strategies with no coding and no deposit required. Traders can also share their creations to the other users of the platform for a reward.
How to connect
First register on the site, YANDA.IO.
Login to your account and the Dashboard will look like this.
On the left side, you can see all the exchanges that are available to connect your account(Poloniex, Bittrex, Coinbase Pro, Binance, Bitmart)
Select an exchange from the list and move over it and click connect.
I clicked on Poloniex. As you can see, we need
- API Key
- API Secret
That we can get from our exchange website. For more detail either you can see the Tutorial or FOLLOW THE LINK.
How to Create a Strategy
Click on "PATS" from the top menu bar.
On the left side of the screen, you will see a set of tool that you can set according to your strategy.
If you don't know how to create a strategy then watch this video. Video created by Yanda
Copy the strategy
If you know someone whose strategy you follow or believe in it then not to worry as you can copy their strategy as well.
Select the exchange that you already connected, in my case Binance.
And then select the "Strategies Marketplace".
You will find many strategies which you can copy and start earning on there strategy.
This is a good approach if you don't know what are those parameters and how and where to set them.
$10 reward for New Members
Every new member who will join their platform and link anyone of the exchange to there platform will get $10.
Register on the site: Yanda.io
and link your exchange with API KEY.
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