Day trading bitcoin is not easy when you have a software application that is not designed for making fast order entry. Fast decision is part of the UX design of a good trading application.
Below is a list of features that are needed for a real time day trading crypto app
- Fast order entry with entering numbers
- Change orders by dragging and dropping existing orders
- Market scanners to find hidden opportunities
- Multiple Charts on a single page
- Quote board to see list of hot coins or favorite coins
- Fast real-time quotes
- Low processor usage
- Free form layout for multiple charts
- Ladder orders
Muunship’s cryptocurrency application gives traders the ability to enter fast orders, see real-time quotes,
What is the best way to find coins that are good for scalping coins. Muunship market scanners on the app is a great way to find these hidden opportunites.
Coins breaking high, is probably the day trading cryptocurrency market scanners that can be used to find coins that moving in the markets. This is specially helpful when the market is dead or not volatile. You want to buy coins that are breaking highs, as this is the only way to see volume in specific coins.
I personally am glued to the screen to see this hidden opportunity. By linking the markets scanners to the charts, anything a new coin is shown in the results, I click on the name of the coin to change the charts. By doing this, I can scroll thru the list rather fast.
Muunship Market Scanners
Because Muunship trading app uses multi threaded architecture, the charts change very fast, along with the orders books and the trades widgets. You are then able to find the momentum in the coin, but seeing green trades fill the widgets and the orderbooks moving very fast.
This type of scan is currently being used for the stock markets, but it is lacking for Robinhood app. Day traders are using this techinque to make quick scalps and make upwords of a couple of hundreds of dollars in a very fast in and out trade.
Now that this scanner is introduced crypto markets, traders who trade on the Binance exchange or Bittrex exchange, are able to make money. Because the bitcoin markets, require very little capital, it provides traders with very little funds to get started in trading bitcoin and alt coins. Also unlike the stock markets that is subject to heavy regulation and day trading rules, this does not apply to the crypto markets.
This is the reason that day trading crypto has taken off and the bitmex like exchanges are seeing all time high volume. By accessing the exhange API over the web, it has become cost effective for such platforms to now offer very low price or even free to the traders.
Muunship trading platform is currently free for traders on iphone, android, and desktop. Traders are encouraged to take advantage of the free scapling crypto app.
This is the optimal time to trade crypto and Muunship team would like to be part of the success for the crypto community and encourage users to market this platform.