Shibarium, the upcoming Level 2 Network based on the popular Shiba Inu (SHIB) cryptocurrency, is soon set to welcome trading bots. Recently, NowNodes, a blockchain node infrastructure provider,have come with a guide on how investors can build custom trading bots on the network. The tutorial explains how to define the trading strategy and set notifications. In order to build the required trading bot, one needs certain tools, such as Python 3.11.3, Ethereum Node & WebSocket access, and Node.js to work with Shibarium Beta. Then, data is imported and prices are retrieved through a script followed by constructing the bot’s logic with Python. Once complete, the bot can monitor prices and transmit notifications to the user’s Telegram Bot.

The addition of trading bots to Shibarium is likely to attract more investors and further bolster the network’s adoption. Automated trading via bots is especially popular since it helps reduce emotional decision-making and offers a wide range of advantages. As an example, in February, Binance added Shiba Inu to its auto-invest service, allowing investors to auto-invest in the cryptocurrency without manual intervention.

Supported by NowNodes, Shibarium is taking strides towards welcoming automated trading solutions. After the release of the tutorial, investors can customize their trading bots according to their specific needs. The help provided by NowNodes is likely to retain existing users and help attract more investors towards the network.



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