When trading cryptocurrencies, exchange downtime or maintenance is common. These interruptions can disrupt trading, causing missed opportunities or failed orders. To safeguard strategies during these periods, it helps to use tools that handle disruptions seamlessly. This article explains how Gunbot keeps trading activities safe and continuous, even when exchanges go offline.
Gunbot's Measures During Downtime
When an exchange goes down, Gunbot will try to reconnect and resume trading, repeatedly.
User Control and Flexibility
While Gunbot manages most aspects of downtime on its own, it also provides options for user control:
- Manual Intervention: Traders can manually pause or modify their trading strategies during downtime. This enables a customized approach, particularly for traders who prefer direct control.
- Strategy Adjustments: Gunbot allows adjustments to strategy settings in anticipation of the exchange resuming operations. This enables traders to optimize strategies and be ready to act as soon as the market reopens.
Seamless Resumption of Trading Activities
Once the exchange is back online, Gunbot does not just resume where it left off; it ensures a smooth transition back to active trading:
- Automatic Reconnection: Gunbot automatically reconnects to the exchange, ensuring the bot is back in action without delay.
- Resumption of Trading Strategies: The bot resumes trading based on the predefined strategies and any adjustments you made during downtime. This seamless transition keeps trading operations running with minimal disruption.