Today's episode is an exploration of crypto trading bots and algorithmic trading with Daniel Anderson. Daniel is a software engineer and a freelancer who builds tools for cryptocurrency traders. Before he got into the crypto space, Daniel was a software developer for IBM.This conversation is broken up into 4 chapters: - Chapter 1: What trading bots are, how they work, and why they’re useful- Chapter 2: Approaches for setting up, testing, and executing algo trading strategies- Chapter 3: Popular algo trading strategies- Chapter 4: The future of algorithmic trading In this episode we discuss:

How John Mcafee inspired Daniel to start building crypto trading bots
What trading bots are and what they do
How algorithmic trading works
Factors that new algo traders must take into consideration when backtesting
How to account for slippage
Portfolio allocation strategies
How trading bot platforms allocate funds
How fees are accounted for in algo trading 
Why you won't find trading bots on decentralized exchanges (yet)
Popular algo trading strategies
Why doing arbitrage with crypto is harder than it looks
Algo trading strategies for accumulating BTC versus USD
What the future of trading bots looks like

Sponsors
Crypto Loans By Nexo
Nexo is the world’s largest & most trusted crypto lender offering automated instant crypto credit lines, which allow you to use your crypto (e.g., Bitcoin, Ether, XRP) as collateral to get cash in 45+ fiat currencies & stablecoins without selling your cryptoassets. Nexo also offers interest earning accounts yielding up to 6.5% per year for stablecoins & Euros. Interest is paid out daily & you can add or withdraw funds at any time.
Nexo is also a strategic partner of exchanges, OTC desks, traditional & crypto funds helping them earn interest on idle stablecoins & fiat. The company's growing portfolio of structured institutional products includes fully collateralized continuously rebalanced swap agreements allowing counterparties to effectively manage their balance sheets. To learn more, check out Nexo.io.
Nomics’s Cryptocurrency Market Data API
The Nomics API offers squeaky clean and normalized primary source trade data offered through fast and modern endpoints. Instead of having to integrate with several crypto exchanges, you can get everything through one screaming fast fire hose. If you found that you or your developer have to spend too much time cleaning up and maintaining datasets & ingesting market cap data, instead of identifying opportunities. Or if you’re tired of interpolated data and want raw primary source trades delivered simply and consistently with top-notch support in SLAs, then check us out here. Or if you’d like to order historical cryptocurrency market data as CSV exports from top exchanges, email us at sales@nomics.com.