Cryptocurrency Quant Trading Basics: APIs, Markets, and Bot Setup
Summary
This introductory guide explains foundational concepts for automated cryptocurrency trading, using the FMZ platform as its main example. It covers exchange accounts and internal asset wallets, APIs for market data and order actions, and API keys with permission controls and IP restrictions. It distinguishes spot trading pairs from contracts, explains base and quote currencies, and describes how contract type and margin currency affect the market being traded. The visible material also introduces bot hosting, operating systems, and programming language choices.
The article is primarily a terminology and platform primer rather than a strategy lesson. It contrasts JavaScript, Python, C++, a platform-specific language, and visual strategy building in terms of ease, flexibility, speed, or limitations. Its practical points include checking where deposited assets are held and restricting API permissions, especially withdrawal access. The supplied text is incomplete, so some sections are missing; it offers no quantitative results, trading method, or evidence comparing platform or language performance.
Key ideas
- Exchange APIs let programs retrieve market information and manage orders and account data.
- API keys grant access and should use only the permissions required, with withdrawal rights treated cautiously.
- Spot markets are identified by trading pairs, while contracts also require a contract type and margin convention.
- Automated trading requires a hosted bot environment and a compatible programming language.
- The guide introduces platform concepts but does not describe or evaluate a trading strategy.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.