NOWNodes Launches Shibarium’s Trading Bots Tutorial for SHIBARMY
- NOWNodes launches a tutorial for SHIBARMY on building trading bots.
- The lesson covers strategy, tools, data sources, and responsible trading.
- Traders can automate transactions and manage portfolios more efficiently.
NOWNodes, a blockchain infrastructure provider, has launched a new tutorial for the SHIBARMY community on constructing trading bots for the Shibarium decentralized exchange. The lesson was built in response to community requests for guidance on trading bots, which may assist in automating transactions and managing portfolios more efficiently.
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— NOWNodes (@NOWNodes) May 5, 2023
We asked our community in Telegram chat what next #Shibarium guide you’d like to see next. The majority voted for a Trading Bot
Take it away – #NOWDev x @ShibariumNet is back with a new exclusive tutorial
Let’s #BUIDL together – we’re going to help you.… pic.twitter.com/f6Z1KxdaaP
The lesson covers the fundamentals of developing a trading bot, such as creating the trading strategy, selecting the appropriate tools and Shibarium settings, and identifying trustworthy data sources. Moreover, it also includes detailed instructions for building a small trading bot in Python and accessing ShibariumBeta on-chain data.
Restricted Functionality of ShibariumBeta dApp
Significantly, traders may use a decentralized exchange (DEX) or an oracle to extract data. The lesson demonstrates techniques and how to get data about particular Shibarium coins, such as SHIB.
NOWNodes highlights the necessity of trading responsibly and advises users that trading entails risks. Besides, the ShibariumBeta dApp will have restricted functionality, and traders must use caution to avoid causing damage to the community.
However, members of the SHIBARMY may develop and configure their trade bots by following the guide. They may save time and earn more significant money returns by using automated trading.
Overall, the NOWNodes tutorial is an excellent resource for individuals seeking to traverse the realm of trading bots and obtain a better grasp of the Shibarium decentralized exchange. However, as cryptocurrency markets evolve, traders must remain educated and adapt to new trends and technology.
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
