Navigating the crypto market can be tough, especially for beginners. That’s why companies like 3Commas are creating tools to help traders manage their strategies and boost their portfolio performance.
3Commas: Automating Your Crypto Trading
3Commas is a platform that lets you automate your crypto trading strategies. We talked to Yuriy Sorokin, the CEO of 3Commas, to learn more about how it works and where the crypto industry is headed.
What is 3Commas?
3Commas was created in 2017 to give traders access to powerful tools that were previously only available to Wall Street professionals. Thousands of traders and developers use 3Commas to automate their strategies and build their own products.
Choosing the Right Automated Trading Tools
Yuriy emphasizes that traders need tools that are precise, flexible, and can adapt to changing market conditions. 3Commas is designed for experienced traders who already understand the market and need advanced solutions to optimize their strategies across multiple exchanges.
3Commas: More Than Just a Tool
3Commas is more than just a tool – it’s a trusted solution used by thousands of traders. They’ve processed over $450 billion in trades since 2017.
3Commas’s Evolution
3Commas started as a way to simplify their own trading, but it has evolved into a solution for institutional clients like fund managers and family offices. One of their biggest developments is their Asset Management product, which helps professionals manage multiple accounts efficiently.
Tokenization: The Future of Asset Management
Yuriy believes that tokenization will be a major driver of mainstream adoption in the crypto space. It will bridge traditional finance and the crypto world, creating more liquidity and accessibility for assets that were previously hard to invest in.
Mainstream Adoption: The Next Steps
The crypto industry has seen a split in adoption: in wealthier nations, it’s often an investment strategy, while in regions with less stable currencies, it’s becoming part of everyday life.
The next big milestone for mainstream adoption is the creation of ETFs for other promising coins like Solana, XRP, and Cardano. Following that, Yuriy sees crypto being integrated into traditional investment vehicles, like 401(k)s and Roth IRAs.
Using Automated Trading During a Bull Run
Timing is everything during a bull run. Automation can help traders avoid emotional decisions and optimize their bots for cost efficiency and risk management.
The Benefits of Automation
Automation allows traders to use strategies that are impossible to execute manually. It also frees up time for professional traders to focus on technical analysis and client relations.
Want to learn more?
If you’re interested in crypto trading, Yuriy encourages you to check out 3Commas and see how automation can make your trading more efficient.
