If you’re looking to trade cryptocurrencies on Coinbase, you might be wondering if you can do so automatically. The short answer is no, you cannot auto trade on Coinbase.
However, there are a few workarounds that you can use to automate your trading on the platform.
In order to trade cryptocurrencies on Coinbase, you first need to create an account and link a payment method. Once your account is created and verified, you can then deposit funds and start buying and selling cryptocurrencies.
The whole process is fairly simple and straightforward.
However, where things get a bit more complicated is when you try to automate your trading. Coinbase does not have any built-in features that allow for automated trading.
This means that if you want to automate your trading on the platform, you’ll need to use third-party software or services.
There are a few different options available for those looking to automate their Coinbase trading. One popular option is called CryptoTrader.
CryptoTrader is a cloud-based platform that allows users to create and backtest cryptocurrency trading strategies. Once a strategy is created, it can be automatically executed by the CryptoTrader bot on your behalf.
Another option is to use an external API to place trades on Coinbase. This option requires a bit more technical knowledge, but it can be done.
There are a few different tutorials available online that show how to set up an API connection between Coinbase and an external trading platform or bot.
Ultimately, whether or not you can auto trade on Coinbase comes down to using third-party software or services. While Coinbase does not have any built-in features for automated trading, there are still ways to do it if you’re willing to put in the time and effort.