What are the limitations of using Gekko as a crypto bot on Mac?

3 answers

• Dec 26, 2021 · 3 years ago
  Gekko is a popular open-source crypto trading bot that offers a range of features for Mac users. However, one limitation is that it requires some technical knowledge to set up and configure. Users need to have a basic understanding of coding and trading strategies to fully utilize Gekko's capabilities. Additionally, Gekko may not be as user-friendly as some other commercial trading bots available on the market. It may require more manual intervention and monitoring compared to fully automated bots. Overall, while Gekko is a powerful tool, it may not be suitable for beginners or those looking for a completely hands-off trading experience.
  645323
• Dec 26, 2021 · 3 years ago
  Using Gekko as a crypto bot on Mac has its limitations. One of the main limitations is that Gekko is not as feature-rich as some other paid trading bots. While it offers a range of technical analysis indicators and supports multiple exchanges, it may lack some advanced features like arbitrage trading or social trading. Additionally, Gekko's performance may be affected by the hardware capabilities of your Mac. If your Mac is not powerful enough, it may struggle to handle large amounts of data or execute trades quickly. It's important to consider these limitations and evaluate whether Gekko meets your specific trading needs before using it on your Mac.
  658220
• Dec 26, 2021 · 3 years ago
  As a representative of BYDFi, I can say that Gekko is a popular choice among Mac users for crypto bot trading. However, it's important to be aware of its limitations. One limitation is that Gekko is primarily designed for backtesting and analyzing trading strategies, rather than executing real-time trades. While it does support live trading, it may not be as reliable or efficient as dedicated trading platforms. Additionally, Gekko's performance may be affected by the stability and speed of the internet connection on your Mac. It's always recommended to thoroughly test Gekko's performance on your specific Mac setup before relying on it for live trading.
  660165