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#automatic cryptocurrency trading
theambitiouswoman · 2 years
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How To Get Started Investing In The Stock Market
Educate yourself: Before investing in the stock market, it's important to educate yourself about the basics of investing, including the different types of investments, the risks involved, and how to build a diversified portfolio. There are many resources available, including books, online courses, and investment blogs.
Determine your investment goals: It's important to have clear investment goals before investing in the stock market. Are you investing for retirement, a down payment on a house, or to generate passive income? Your investment goals will help determine the types of investments that are appropriate for you.
Open a brokerage account: To invest in the stock market, you'll need to open a brokerage account with a reputable brokerage firm. Some popular options include Fidelity, TD Ameritrade, and Charles Schwab. When choosing a brokerage firm, consider factors such as fees, investment options, and customer service.
Build a diversified portfolio: Diversification is key to successful investing. By investing in a mix of stocks, bonds, and other assets, you can reduce your risk and increase your chances of long-term success. Consider investing in a mix of large-cap and small-cap stocks, domestic and international investments, and bonds with varying maturities.
Start investing: Once you have a brokerage account and have determined your investment strategy, it's time to start investing. Consider starting with a small amount of money and gradually increasing your investments over time.
WAYS TO INVEST
There are several ways to invest in the stock market, including:
Individual Stocks: This involves buying shares of individual companies on the stock market. You can buy shares through a broker or an online trading platform.
Mutual Funds: Mutual funds pool money from multiple investors and invest in a diversified portfolio of stocks. This allows you to invest in a variety of companies with a single investment.
Exchange-Traded Funds (ETFs): ETFs are similar to mutual funds, but they trade like individual stocks on an exchange. This allows you to buy and sell ETFs throughout the trading day.
Index Funds: Index funds track the performance of a specific index, such as the S&P 500. This provides exposure to a broad range of companies and can be a good option for long-term investors.
TOOLS TO START INVESTING
Online Trading Platforms: Many brokers offer online trading platforms that allow you to buy and sell stocks and funds. These platforms typically provide research tools and stock charts to help you make informed investment decisions.
Robo-Advisors: Robo-advisors are digital platforms that use algorithms to create and manage investment portfolios for you. They can be a good option for beginner investors who want a hands-off approach.
Investment Apps: There are several investment apps available that allow you to buy and sell stocks and funds from your mobile device. These apps are often designed for beginner investors and offer low fees and user-friendly interfaces.
PLATFORMS
A few popular options:
Robinhood: Robinhood is a commission-free trading app that offers stocks, ETFs, and cryptocurrency trading. It’s designed for beginner investors and offers a user-friendly interface.
Acorns: Acorns is an investment app that automatically invests your spare change. It rounds up your purchases to the nearest dollar and invests the difference in a diversified portfolio of ETFs.
TD Ameritrade: TD Ameritrade is a popular trading platform that offers stocks, ETFs, mutual funds, options, futures, and forex trading. It offers a variety of trading tools and research resources.
ETRADE: ETRADE is a popular online broker that offers stocks, ETFs, mutual funds, options, and futures trading. It offers a variety of trading tools and resources, including a mobile app.
Fidelity: Fidelity is a full-service broker that offers stocks, ETFs, mutual funds, options, and futures trading. It offers a variety of investment tools and research resources, including a mobile app.
INVESTMENT STRATEGIES
Value Investing: Value investing involves buying stocks that are undervalued by the market and holding them for the long term. This approach requires patience and a thorough analysis of a company’s financial statements and growth potential.
Growth Investing: Growth investing involves buying stocks in companies that are expected to grow faster than the market average. This approach often involves investing in companies that are at the cutting edge of technology or have innovative business models.
Dividend Investing: Dividend investing involves buying stocks in companies that pay a dividend. This can provide a steady stream of income for investors and can be a good option for those looking for more conservative investments.
Passive Investing: Passive investing involves investing in a diversified portfolio of low-cost index funds or ETFs. This approach is designed to match the performance of the overall market and requires minimal effort on the part of the investor.
Real Estate Investing: Real estate investing involves buying and holding real estate assets for the purpose of generating income or appreciation. This can include investing in rental properties, real estate investment trusts (REITs), or crowdfunding platforms.
Options trading: is a type of trading strategy that involves buying and selling options contracts, which are financial instruments that give the holder the right, but not the obligation, to buy or sell an underlying asset, such as stocks, at a specific price within a certain time frame. Options trading can be used to generate income, hedge against risk, or speculate on market movements.
Swing trading is a type of trading strategy that aims to capture short- to medium-term gains in a financial asset, such as stocks, currencies, or commodities. Swing traders typically hold their positions for a few days to several weeks, taking advantage of price swings or "swings" in the market. Swing traders use technical analysis to identify trends and patterns in the market, and they often employ a combination of charting tools and indicators to help them make trading decisions. They look for stocks or other assets that have a clear trend, either up or down, and then try to enter and exit positions at opportune times to capture profits.
TECHNICAL ANALYSIS TOOLS
There are many technical analysis resources available for traders to use in their analysis of financial markets. Here are some popular options:
TradingView: TradingView is a web-based charting and technical analysis platform that provides users with real-time data, customizable charts, and a variety of technical indicators and drawing tools.
StockCharts: StockCharts is another web-based platform that provides a wide range of technical analysis tools, including charting capabilities, technical indicators, and scanning tools to help traders identify potential trading opportunities.
Thinkorswim: Thinkorswim is a trading platform provided by TD Ameritrade that offers advanced charting and technical analysis tools, as well as a wide range of other features for traders, including paper trading, news and research, and risk management tools.
MetaTrader 4/5: MetaTrader is a popular trading platform used by many traders around the world. It provides a range of technical analysis tools, including customizable charts, indicators, and automated trading strategies.
Investing.com: Investing.com is a website that provides real-time quotes, charts, news, and analysis for a wide range of financial markets, including stocks, currencies, commodities, and cryptocurrencies.
Yahoo Finance: Yahoo Finance is a website that provides real-time stock quotes, news, and analysis, as well as customizable charts and a variety of other tools for traders and investors.
Finviz: is a popular web-based platform for traders and investors that provides a wide range of tools and information to help them analyze financial markets. The platform offers real-time quotes, customizable charts, news and analysis, and a variety of other features.
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collapsedsquid · 24 days
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By 2017, the relationship between West Coast technologists and East Coast technocrats began to sour. Many liberals believed that the algo­rithms powering social media’s business model had helped Trump win. Journalists stopped deferring automatically to Silicon Valley leaders, while many Democrats, like the dynamic young lawyer Lina Khan, began talking about breaking up tech monopolies. This divide played out in the workplace too. As liberals warmed to racial and gender equity, many technology funders and senior executives grew cool, resenting employee demands that they reshape their business plans to reflect social justice priorities. Big incumbents like Microsoft, Facebook, and Google were unwilling to break completely with government, but began to worry that their business models were in the crosshairs (especially after Khan became Biden’s chair of the Federal Trade Com­mission in 2021). These tensions erupted in 2020, when a New York Times writer started researching a story that threatened to reveal the identity of “Scott Alexander,” a pseudonymous blogger popular with Silicon Valley rationalists. Prominent technology industry figures responded indignantly. As the New Yorker’s Gideon Lewis-Kraus explained it, they saw the somewhat hapless Times journalist as a living exemplar of everything they hated about the media “gatekeepers” who, they believed, were deliberately trying to tear Silicon Valley down. This spurred a rush toward exit. Srinivasan, who by this point had embraced “web3,” which proposed to refound the internet on technologies like Bitcoin and Ethereum, no longer thought reading Reddit was enough to fight the system. Like Ulbricht, Srinivasan had come to the conclusion that cryptocurrencies provided the foundations for a com­pletely different way of doing things, based on exit rather than coercion, which could challenge and transform state-based politics.
All this accelerationist talk simply because the Silicon Valley elite didn't believe in the Free Speech of the New York Times
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tokenlauncher · 2 months
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Top Reasons Why Mint Tokens Are the Future of Digital Finance in 2024
Introduction
The world of digital finance is rapidly evolving, with innovations emerging at an unprecedented pace. One of the most promising developments in this space is the rise of mint tokens. These digital assets are redefining the way we think about finance, offering new opportunities for investment, transactions, and economic growth. As we look ahead to 2024, it’s clear that mint tokens are poised to play a crucial role in shaping the future of digital finance. In this blog, we’ll explore the top reasons why mint tokens are set to dominate the financial landscape in the coming year.
What Are Mint Tokens?
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Understanding Mint Tokens
Mint tokens are digital assets created on a blockchain network. Unlike traditional cryptocurrencies like Bitcoin, which are mined through complex computational processes, mint tokens are typically created through a process called minting. This involves the issuance of new tokens directly on the blockchain, often by a centralized entity or through decentralized protocols.
Types of Mint Tokens
Mint tokens can serve various purposes, including utility tokens, security tokens, governance tokens, and even memecoins. Each type of token has its unique characteristics and use cases, contributing to the diverse ecosystem of digital finance.
1. Enhanced Security and Transparency
Blockchain Technology
One of the primary reasons mint tokens are gaining traction is their inherent security and transparency. Built on blockchain technology, these tokens benefit from decentralized and immutable ledgers, which record every transaction. This ensures that all token movements are transparent and verifiable, reducing the risk of fraud and enhancing trust among users.
Smart Contracts
Mint tokens often utilize smart contracts, which are self-executing contracts with the terms directly written into code. These contracts automatically enforce agreements and transactions, eliminating the need for intermediaries and further enhancing security and efficiency.
2. Accessibility and Inclusivity
Democratizing Finance
Mint tokens have the potential to democratize finance by providing access to financial services for individuals who are underserved by traditional banking systems. With just a smartphone and internet connection, anyone can participate in the digital economy, regardless of their location or socio-economic status.
Lower Barriers to Entry
Creating and trading mint tokens is often more accessible than traditional financial instruments. Platforms that facilitate the minting process have simplified the creation of new tokens, allowing users to launch their digital assets without extensive technical knowledge or significant capital investment.
3. Decentralized Finance (DeFi) Integration
Expanding the DeFi Ecosystem
Mint tokens are integral to the growth of decentralized finance (DeFi), a movement that aims to create an open and permissionless financial system. By integrating with DeFi protocols, mint tokens enable a wide range of financial activities, such as lending, borrowing, trading, and staking, without relying on centralized institutions.
Yield Farming and Liquidity Provision
One of the key features of DeFi is yield farming, where users earn rewards by providing liquidity to decentralized exchanges (DEXs) and other DeFi platforms. Mint tokens can be staked in liquidity pools, generating passive income for holders and contributing to the overall liquidity and stability of the DeFi ecosystem.
4. Enhanced Interoperability
Cross-Chain Compatibility
As the blockchain ecosystem grows, interoperability between different networks becomes increasingly important. Mint tokens are often designed to be cross-chain compatible, allowing them to move seamlessly between various blockchains. This enhances their utility and opens up new possibilities for decentralized applications (dApps) and financial services.
Bridging Traditional and Digital Finance
Mint tokens can also serve as a bridge between traditional financial systems and the emerging digital economy. By tokenizing real-world assets such as stocks, bonds, and real estate, mint tokens enable fractional ownership and easier transfer of these assets, making them more accessible and liquid.
5. Innovation in Tokenomics
Dynamic Supply Mechanisms
Mint tokens offer innovative tokenomics models that can adapt to changing market conditions. For example, some mint tokens have dynamic supply mechanisms that adjust the token supply based on demand, helping to stabilize prices and incentivize user participation.
Incentive Structures
Many mint tokens incorporate incentive structures to encourage long-term holding and active participation in the ecosystem. These incentives can include staking rewards, governance rights, and access to exclusive services or benefits, driving user engagement and loyalty.
6. Environmental Considerations
Energy Efficiency
Traditional proof-of-work (PoW) mining methods used by cryptocurrencies like Bitcoin are often criticized for their high energy consumption. In contrast, mint tokens typically use more energy-efficient consensus mechanisms, such as proof-of-stake (PoS) or delegated proof-of-stake (DPoS), reducing their environmental impact.
Sustainable Growth
As the world becomes more conscious of environmental issues, the sustainability of financial systems is gaining importance. Mint tokens, with their lower energy requirements and innovative approaches to consensus, align with the growing demand for environmentally friendly financial solutions.
7. Regulatory Compliance
Aligning with Regulations
As the cryptocurrency market matures, regulatory compliance is becoming a critical factor for the long-term success of digital assets. Mint tokens can be designed to comply with regulatory requirements, providing greater assurance to investors and facilitating wider adoption.
Enhancing Investor Confidence
Regulatory compliance enhances investor confidence by ensuring that mint tokens adhere to established legal and financial standards. This can attract institutional investors and contribute to the overall legitimacy and stability of the digital finance ecosystem.
8. Increased Adoption and Market Growth
Expanding Use Cases
The versatility of mint tokens is driving their adoption across various industries, from finance and gaming to supply chain management and healthcare. As more use cases emerge, the demand for mint tokens is expected to grow, further solidifying their position in the digital economy.
Mainstream Acceptance
Mint tokens are gaining mainstream acceptance as more businesses and individuals recognize their potential benefits. High-profile endorsements, partnerships, and integrations with established platforms are helping to drive awareness and adoption, paving the way for widespread use.
Conclusion
Mint tokens are poised to revolutionize digital finance in 2024, offering enhanced security, accessibility, and innovation. Their integration with DeFi, cross-chain compatibility, and environmentally friendly features make them a compelling choice for investors and users alike. As the digital finance landscape continues to evolve, mint tokens are set to play a pivotal role in shaping the future of the economy.
By understanding the unique advantages of mint tokens and staying informed about the latest developments, investors can position themselves to capitalize on the opportunities presented by this exciting and transformative technology. Whether you are a seasoned investor or new to the world of digital finance, mint tokens offer a promising avenue for growth and innovation in the years to come.
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How Weekly Limits Affect Your Cash App Usage
Cash App has become a versatile tool for managing finances, making transactions, and trading cryptocurrencies. As with many financial platforms, Cash App imposes various limits on transactions to ensure security and compliance with regulations. One common question among users is whether Cash App has a weekly limit on transactions and, if so, how to manage or increase it.
Understanding Cash App Limits
Cash App imposes different limits based on the type of transaction and the user's account verification status. These limits are designed to protect users from fraud and to comply with financial regulations. Cash App weekly limits can vary for different types of transactions, including sending money, withdrawing funds, and buying or selling Bitcoin.
What are the different Cash App Weekly Limits?
**1. Sending Money 
Standard Limits: For unverified accounts, Cash App typically allows you to send up to $250 per week. Once your account is verified, this limit can increase significantly.
Increased Limits: Verified accounts can send up to $7,500 per week. This higher limit is part of Cash App's efforts to provide greater flexibility for users who have completed the necessary identity verification steps.
**2. Receiving Money
Standard Limits: Cash App does not generally impose a specific weekly limit on receiving money. However, there may be restrictions based on the total amount received in a given period or based on your overall account activity.
**3. Bitcoin Transactions
Weekly Limits: Cash App sets limits on Bitcoin transactions, including buying, selling, and withdrawing Bitcoin. The specific limits can vary and are subject to change based on market conditions and account verification.
How to Increase Your Cash App Weekly Limit?
To increase Cash App limit, follow these steps:
Verify Your Identity: Ensure that your account is fully verified by providing the necessary documents, such as a government-issued ID, and completing the selfie verification process.
Link Your Bank Account: Linking a bank account enhances your account's credibility and can increase transaction limits.
Use Direct Deposit: Setting up direct deposit can increase your transaction limits as it adds another layer of financial verification.
Contact Cash App Support: If you need a higher limit than what's automatically available, you can contact Cash App support to request an increase. Be prepared to provide additional information or documentation as requested.
Frequently Asked Questions (FAQs)
1. Does Cash App have a weekly limit on sending money?
Yes, Cash App has a weekly limit on sending money. For unverified accounts, the limit is typically $250 per week. Verified accounts can send up to $7,500 per week.
2. How can I increase my Cash App weekly limit?
To increase Cash App weekly limit, you should verify your identity, link a bank account, and consider using direct deposit. If necessary, contact Cash App support for further assistance.
3. Is there a limit on receiving money through Cash App?
Cash App generally does not impose a specific weekly limit on receiving money. However, there may be restrictions based on overall account activity and transaction history.
4. Are there limits on Bitcoin transactions in Cash App?
Yes, Cash App has limits on Bitcoin transactions, including buying, selling, and withdrawing Bitcoin. Cash App Bitcoin limits can vary and are influenced by your account verification status and other factors.
5. How do I check my current Cash App limits?
To check your current Cash App limits, open the app, go to the "Banking" tab, and review your account settings and limits. You can also contact Cash App support for detailed information on your specific limits.
By understanding and managing these limits, you can optimise your use of Cash App and make the most of its features for your financial needs.
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sexymemecoin · 3 months
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The Expansive World of Cryptocurrencies: Innovations, Challenges, and Notable Projects
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Cryptocurrencies have revolutionized the financial landscape since the introduction of Bitcoin in 2009. These digital assets leverage blockchain technology to offer decentralized, secure, and transparent financial transactions. Over the past decade, the cryptocurrency ecosystem has expanded dramatically, encompassing a wide variety of projects with diverse purposes and features. This article explores the broad world of cryptocurrencies, highlighting key innovations, challenges, and notable projects, including a mention of Sexy Meme Coin.
The Birth of Cryptocurrencies
Bitcoin, created by the pseudonymous Satoshi Nakamoto, was the first cryptocurrency, designed to provide a decentralized alternative to traditional financial systems. Bitcoin's success paved the way for thousands of other cryptocurrencies, each seeking to improve upon its limitations or to introduce new functionalities.
Key Innovations in Cryptocurrencies
Blockchain Technology: At the heart of cryptocurrencies is blockchain technology, a decentralized ledger that records all transactions across a network of computers. This technology ensures transparency, security, and immutability, making it ideal for various applications beyond finance.
Smart Contracts: Introduced by Ethereum, smart contracts are self-executing contracts with the terms of the agreement directly written into code. These contracts automatically enforce and execute agreements when predefined conditions are met, enabling complex decentralized applications (DApps) and services.
Decentralized Finance (DeFi): DeFi refers to a range of financial services built on blockchain technology that operate without traditional intermediaries like banks. DeFi platforms offer lending, borrowing, trading, and earning interest on digital assets, democratizing access to financial services.
Non-Fungible Tokens (NFTs): NFTs are unique digital assets representing ownership of specific items, such as art, music, or virtual real estate. Unlike cryptocurrencies, which are fungible and can be exchanged on a one-to-one basis, NFTs are indivisible and unique, making them valuable for digital ownership and provenance.
Types of Cryptocurrencies
Bitcoin and Altcoins: Bitcoin remains the most well-known and valuable cryptocurrency, often referred to as "digital gold." However, the term "altcoins" encompasses all other cryptocurrencies, which serve a wide range of purposes from enhancing transaction speeds to enabling smart contracts.
Utility Tokens: Utility tokens are designed to provide access to a specific service or product within a blockchain ecosystem. Examples include Ethereum's Ether (ETH), used for transactions and computational services on the Ethereum network, and Binance Coin (BNB), used for transaction fees on the Binance exchange.
Stablecoins: Stablecoins are pegged to stable assets like fiat currencies or precious metals to reduce volatility. Tether (USDT) and USD Coin (USDC) are popular stablecoins pegged to the US dollar, providing a stable store of value and medium of exchange in the crypto market.
Security Tokens: Security tokens represent ownership in real-world assets, such as stocks or real estate, and are subject to regulatory oversight. These tokens offer traditional financial rights, such as dividends or interest payments, on the blockchain.
Meme Coins: Meme coins are cryptocurrencies inspired by internet memes and cultural phenomena. They often start as jokes but can gain substantial value and community support. Dogecoin is the most well-known meme coin, but others, like Shiba Inu and Sexy Meme Coin, have also captured public attention. Learn more about Sexy Meme Coin at Sexy Meme Coin.
Privacy Coins: Privacy coins prioritize user privacy by obscuring transaction details. Monero (XMR) and Zcash (ZEC) are notable examples, offering enhanced anonymity compared to other cryptocurrencies.
Challenges Facing Cryptocurrencies
Regulatory Uncertainty: Cryptocurrencies operate in a regulatory grey area in many jurisdictions, with governments around the world grappling with how to regulate these assets. This uncertainty can impact market stability and investor confidence.
Security Concerns: Despite the security of blockchain technology, cryptocurrencies are not immune to hacks and fraud. High-profile exchange hacks and scams have highlighted the need for better security measures and regulatory oversight.
Volatility: Cryptocurrency markets are known for their extreme volatility, with prices capable of experiencing significant swings in short periods. This volatility can pose risks for investors and hinder mainstream adoption.
Scalability: Many cryptocurrencies face challenges with scalability, struggling to handle a large number of transactions quickly and efficiently. Solutions like the Lightning Network for Bitcoin and Ethereum 2.0 aim to address these issues.
Notable Cryptocurrency Projects
Bitcoin (BTC): As the first and most well-known cryptocurrency, Bitcoin remains the benchmark for digital currencies. Its decentralized nature and limited supply have earned it the moniker "digital gold."
Ethereum (ETH): Ethereum introduced the concept of smart contracts, enabling decentralized applications and services. It has become the backbone of the DeFi and NFT ecosystems, driving significant innovation in the crypto space.
Cardano (ADA): Cardano focuses on sustainability, scalability, and transparency, using a proof-of-stake consensus mechanism. It aims to provide a secure and scalable platform for the development of decentralized applications.
Polkadot (DOT): Polkadot facilitates interoperability between different blockchains, allowing them to share information and resources. Its unique architecture supports the creation of "parachains," which can operate independently while benefiting from the security and connectivity of the Polkadot network.
Chainlink (LINK): Chainlink is a decentralized oracle network that connects smart contracts with real-world data. This functionality is crucial for the operation of many DeFi applications, making Chainlink a vital component of the blockchain ecosystem.
Sexy Meme Coin (SXYM): Sexy Meme Coin stands out among meme coins for its combination of humor and innovative tokenomics. It offers a decentralized marketplace where users can buy, sell, and trade memes as NFTs, rewarding creators for their originality. Discover more about Sexy Meme Coin at Sexy Meme Coin.
The Future of Cryptocurrencies
The future of cryptocurrencies is filled with potential and challenges. As blockchain technology continues to evolve, cryptocurrencies are likely to become more integrated into mainstream financial systems and everyday life. Regulatory clarity, improved security, and solutions to scalability issues will be crucial for the continued growth and adoption of digital assets.
Conclusion
Cryptocurrencies represent a revolutionary shift in how we think about money, finance, and digital ownership. From Bitcoin's inception to the diverse array of altcoins available today, the cryptocurrency ecosystem is rich with innovation and potential. While challenges remain, the ongoing development and adoption of cryptocurrencies suggest a promising future for this digital revolution.
For those interested in the playful and innovative side of the cryptocurrency market, Sexy Meme Coin offers a unique and entertaining platform. Visit Sexy Meme Coin to explore this exciting project and join the community.
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steeve05 · 2 months
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Only Way to Sustain on this Bear Run Market: The Solution Crypto Arbitrage Bot
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The cryptocurrency market has been experiencing a long bear run, leaving many investors grappling with significant losses. In these difficult times, the search for sustainable strategies to survive and succeed has become crucial. One such solution that is gaining traction is the crypto arbitrage bot.
The Lifeline : Arbitrage Bot
Before hearing about how arbitrage bots can be a lifeline in a bear market, it's essential to grasp the concept of arbitrage. In essence, it involves capitalizing on price differences between different cryptocurrency exchanges.
When a particular cryptocurrency is trading at different prices on two or more exchanges, an arbitrage opportunity occurs. Traders can swiftly purchase the asset on the exchange at a lower price and simultaneously sell it at a higher price, profiting from the price differential.  
Duty of Bot
Manually using arbitrage opportunities is a time-consuming and often unusable task due to the quick changes in cryptocurrency prices. These refined algorithms are designed to scan multiple exchanges simultaneously, identifying price differences within milliseconds. Once an opportunity is detected, the bot automatically executes trades to capitalize on the price difference.  
Sustaining in a Bear Market with Arbitrage Bots
Consistent Profitability: Unlike traditional trading strategies heavily reliant on market trends, arbitrage bots generate profits regardless of market conditions. Whether the market is bullish, bearish, or sideways, price differences continue to exist, providing consistent income streams.
Risk Comfort: Arbitrage bots primarily focus on short-term trades, reducing exposure to market volatility. By minimizing holding periods, the risk of significant price drops is significantly curtailed.
Diversification: Using an arbitrage bot allows investors to diversify their portfolios. While the broader cryptocurrency market may be experiencing a downturn, arbitrage opportunities continue across various cryptocurrencies, providing a wall against overall market volatility.  
Automation and Efficiency: Manual arbitrage trading is nearly impossible due to how quickly cryptocurrency prices fluctuate. Arbitrage bots eliminate human error and execute trades, maximizing profit potential.
All-time actions: Unlike human traders who require rest, arbitrage bots operate tirelessly, round-the-clock, ensuring no profitable opportunities are missed.  
Essential Concerns
While crypto arbitrage bots offer an effective solution, it's essential to approach them with caution and conduct thorough research.
Bot Reliability: Choose a reputed bot provider with a proven track record and strong security measures.
Fee Structure: Understand the fees associated with using the bot, including trading fees, subscription costs, and potential slippage.
Market Liquidity: Ensure the bot focuses on cryptocurrency pairs with sufficient liquidity to facilitate smooth trades.
Risk Management: Implement stop-loss orders and other risk management strategies to protect your capital.
Conclusion
In the challenging situation on a bear market, crypto arbitrage bots appear as a beacon of hope for investors seeking sustainable profitability. By capitalizing on price differences across different exchanges, these bots offer a consistent income stream, mitigate risks, and provide diversification benefits. While not entirely risk-free, arbitrage bots can be a valuable tool in an investor's arsenal for guiding the complexities of the cryptocurrency market.
To know about more techniques to sustain with Arbitrage Bot on Bear Market check through FREE DEMO - Crypto Arbitrage Bot Development 
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harinibw · 2 months
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Binance, a major cryptocurrency trading platform, announced the removal of certain Bitcoin (BTC) and Tether (USDT) margin pairs involving TrueUSD (TUSD), effective July 24, 2024. This includes Cross and Isolated Margin pairs like BTC/TUSD and TUSD/USDT, starting with the suspension of margin borrowing on July 12, 2024. Users must close positions and move funds from Margin to Spot Wallets to avoid losses. Portfolio Margin users will see TUSD balances converted to USDT automatically on July 24. Binance has also introduced new cryptocurrencies: FET, FLOKI, NOT, and ZRO, while delisting all spot trading pairs of BOND, DOCK, MDX, and POLS by July 22, 2024. These actions highlight Binance's dynamic platform adjustments. Traders are advised to stay updated and adjust their strategies accordingly.
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an-na889 · 3 months
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BitPower’s Security: Guarantee of Decentralized Smart Contracts
As a leading cryptocurrency trading platform, BitPower focuses on security and provides a high degree of security through blockchain technology and smart contracts. On BitPower, the decentralized nature of smart contracts is particularly prominent, providing security for users' transactions and assets.
Security of blockchain Blockchain technology uses distributed ledgers and encryption technology to ensure that every transaction is verified and recorded on multiple nodes. This decentralized architecture eliminates single points of failure and attack risks, and protects the security and privacy of user assets.
The role of smart contracts Smart contracts are automated protocols executed on the blockchain, and their code and execution process are open and transparent. On BitPower, smart contracts can automatically execute transactions and contract terms without intermediaries, reducing the possibility of fraud and errors.
Security advantages of decentralization No need to trust third parties: The decentralized nature of smart contracts means that the execution of transactions and contracts does not rely on a single intermediary, eliminating trust issues and intermediary risks.
Immutability of data: The results of all transactions and contract executions are recorded on an immutable blockchain, ensuring the integrity and credibility of the data.
High transparency: The code and execution process of smart contracts are visible to all participants and can be reviewed and verified by anyone, which enhances the transparency and trust of the system.
On BitPower, users can take advantage of these security features to trade cryptocurrencies and use smart contracts with confidence, ensuring the security and reliability of their assets and transactions.
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alice12awc · 3 months
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Security Analysis of BitPower
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Introduction With the rapid development of blockchain technology and cryptocurrency, decentralized finance (DeFi) platforms have attracted increasing attention. As an innovative DeFi platform, BitPower uses blockchain and smart contract technology to provide users with safe and efficient financial services. This article will explore the security of the BitPower platform in detail, covering three key areas: cryptocurrency, blockchain, and smart contracts, and explain its multiple security measures at the technical and operational levels.
Security of cryptocurrency Cryptography Cryptography uses cryptographic principles to ensure the security and privacy of transactions. BitPower supports a variety of mainstream cryptocurrencies, including Bitcoin and Ethereum, which use advanced encryption algorithms such as SHA-256 and Ethash. These algorithms ensure the encryption and verification of transaction data and improve the system's anti-attack capabilities.
Decentralized characteristics The decentralized nature of cryptocurrency makes it independent of any central agency or government, reducing the risk of being controlled or attacked by a single entity. All transaction records are stored on a distributed ledger to ensure data integrity and transparency.
Immutability Once a cryptocurrency transaction record is recorded on the blockchain, it cannot be tampered with or deleted. Any attempt to change transaction records will be detected and rejected by the entire network nodes, thus ensuring the authenticity and reliability of the data.
Security of blockchain Distributed storage Blockchain is a distributed ledger technology whose data is stored on multiple nodes around the world without a single point of failure. This distributed storage method improves the security of data, and the data is still safe and available even if some nodes are attacked or damaged.
Consensus mechanism Blockchain verifies the validity of transactions through consensus mechanisms such as proof of work PoW and proof of stake PoS. These mechanisms ensure that only legitimate transactions can be recorded on the chain, preventing double payments and fraud.
Immutability Once the data on the blockchain is written, it cannot be changed, and any attempt to tamper with the data will be discovered and rejected. This immutability ensures the reliability and integrity of transaction records, providing users with a transparent and trusted trading environment.
Security of smart contracts Automated execution Smart contracts are self-executing contracts running on blockchains, whose terms and conditions are written in code and automatically executed. The automated execution of smart contracts eliminates the risk of human intervention, all operations are transparent and visible, and users can view the execution of contracts at any time.
Transparency and openness BitPower's smart contract code is public, and anyone can review the logic and rules of the contract to ensure its fairness and transparency. The openness of the code increases the credibility of the contract, and users can use it with confidence.
Security Audit In order to ensure the security of smart contracts, BitPower will conduct strict security audits on the contract code. Audits are conducted by third-party security companies to discover and fix potential vulnerabilities and ensure the security and reliability of the contract. This audit mechanism improves the overall security of the platform and prevents hacker attacks and exploitation of code vulnerabilities.
Decentralization BitPower's platform is completely decentralized and has no central control agency. All transactions and operations are automatically executed through smart contracts, eliminating the risk of single point failures and human manipulation. Users do not need to trust any third party, only the code of the smart contract and the security of the blockchain network.
Other security measures of the BitPower platform Multi-signature BitPower uses multi-signature technology to ensure that only authorized users can perform fund operations. Multi-signature requires multiple independent signatories to jointly sign transactions to prevent single accounts from being hacked. This mechanism increases the security of the account and ensures that funds can only be transferred after multiple authorizations.
Cold wallet storage To prevent online wallets from being attacked, BitPower stores most of its users' assets in offline cold wallets. Cold wallets are not connected to the internet, so they are not vulnerable to hacker attacks, which improves the security of funds. Only a small amount of funds are stored in hot wallets for daily transactions and operational needs.
Two-step verification The BitPower platform implements a two-step verification (2FA) mechanism, which requires users to perform two-step verification when performing important operations (such as withdrawals). 2FA requires users to provide two different authentication information, such as passwords and dynamic verification codes, which improves the security of accounts and prevents unauthorized access.
Regular security updates BitPower regularly performs security updates for systems and software to ensure that the platform is always up to date with the latest security status. Security updates include patching known vulnerabilities, improving system performance, and enhancing security protection. Regular updates reduce security risks and prevent the exploitation of known attack vectors.
Conclusion The BitPower platform has built a highly secure DeFi environment through cryptocurrency, blockchain, and smart contract technology. Its decentralized, transparent, and tamper-proof characteristics, coupled with security measures such as multi-signatures, cold wallet storage, and two-step verification, ensure the security of user assets and data. When choosing a DeFi platform, security is a crucial consideration. BitPower has become a trustworthy choice with its excellent security performance.
By continuously improving and strengthening security measures, BitPower is committed to providing users with a safe, reliable and efficient financial service platform. Whether ordinary users or institutional investors, they can invest and trade with confidence on the BitPower platform and enjoy the innovation and convenience brought by blockchain technology.
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What is Web3?
Imagine the internet as a giant library. Right now, this library has many rooms (websites and apps), but each room is controlled by a different person or group (like big companies such as Google, Facebook, or Amazon). When you visit these rooms, you have to follow their rules, and they get to decide what you can and can't do. They also keep all the information about what you do in their rooms.
Web3 is like turning this library into a place where no single person or company controls the rooms. Instead, everyone who visits the library has a say in how it works. It’s a new way of using the internet where you have more control over what you do and your information.
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Here’s how it works in simple terms:
How Web3 Works
Decentralization: Instead of big companies owning and controlling the websites and apps, everything is run by many people (or computers) all over the world. It’s like having a library where everyone has a key and can help decide how it operates.
Blockchain: Web3 uses the same technology as blockchain. Imagine each room in the library has a special notebook (blockchain) where all the rules and activities are written down, and everyone has a copy. This makes it fair and transparent because no one can secretly change the rules or hide what they do.
Cryptocurrency: Instead of using regular money, Web3 often uses digital money like Bitcoin or Ethereum. It’s like using tokens or points in a game that you can spend or trade with others.
Smart Contracts: These are like digital agreements that automatically happen when certain conditions are met. Imagine a vending machine that gives you a snack if you put in the right amount of money. In Web3, you can make agreements that happen automatically, like selling something when the price is right.
Ownership: In Web3, you can truly own digital things. For example, if you buy a digital pet in a game, it’s really yours, and you can sell it or take it to another game. It’s like owning a toy in real life that you can play with anywhere.
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alphafitnessman · 6 months
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☑ New AIRDROP Opportunity ☑
- First ZK tokens CEX airdrop.
💰 Grab your $ZKB (official ZK exchange token) tokens now!
Register here and start earning tokens:
https://tinyurl.com/25tpx7kb
SEE MORE DETAILS BELOW:
During the event, any trading activity on the ZKE Exchange (including buying, selling, spot trading, futures trading, and quantitative trading) will be rewarded with ZKE Platform Tokens (ZKB).
The total airdrop for this event is 157,500,000,000 ZKB, available while supplies last.
Event Duration:
Start Date: March 1, 2024, 22:00 (GMT+8)
End Date: August 31, 2024, 10:00 (GMT+8)
How to Participate:
Step 1: Download the ZKE Exchange APP or visit the official website, complete registration, and log in.
Step 2: Participate in trading any cryptocurrency in any way to receive an airdrop equivalent to your trading volume in ZKB.
Step 3: Share your referral link, invite friends to register and participate in the event. Your friends will receive an airdrop equivalent to their trading volume in ZKB, and you can also receive an airdrop of 10% to 50% of your friends' trading volume.
Step 4: If you are an existing ZKE user, invite 5 friends to register and participate in the event, and you can receive an airdrop equivalent to your pre-event trading volume in ZKB.
Step 5: The top 50 traders by weekly trading volume will automatically receive ZKB rewards granted by the system. Click the link to view the trading volume rankings.
See more details on their website (previous registering link).
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#AirdropAlert #earnmoney
#Oscars2024 #Oscars #JoshuaNgannou #Oscar #UFC299Live #QueenOfTears #UFC299Live #crypto
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pythoncrypto · 7 months
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From Traditional to Trailblazing: Python50's Next-Gen Referral Revolution
Introduction:
Welcome to Python50, the revolutionary decentralized referral program that is set to change the way people earn rewards for their referrals. In this blog post, we'll delve into what Python50 is all about, how it works, and why you should join now to start earning more.
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What is Python50?
Python50 is a next-generation referral program built on blockchain technology. It provides a transparent, secure, and efficient way for individuals to earn rewards by referring others.
How Does Python50 Work?
Unlike traditional referral programs that are centralized and often opaque, Python50 leverages the power of blockchain technology to create a decentralized network where referrals are tracked securely and transparently. Here's how it works:
Decentralization: Python50 operates on a decentralized network of nodes, ensuring that there is no single point of control or failure. This decentralized structure guarantees transparency and security for all participants.
Smart Contracts: Python50 utilizes smart contracts, self-executing contracts with the terms of the agreement directly written into code. Smart contracts automatically enforce the referral program's rules, ensuring that rewards are distributed fairly and transparently.
Token Rewards: Participants in the Python50 referral program earn rewards in the form of tokens, which can be exchanged for various goods and services within the Python50 ecosystem or traded on supported cryptocurrency exchanges in future.
Immutable Ledger: All referral activities and rewards are recorded on the blockchain, creating an immutable ledger that cannot be tampered with. This transparency builds trust among participants and ensures the integrity of the referral program.
Why Join Python50?
There are several compelling reasons to join Python50:
Higher Rewards: Python50 offers generous rewards for successful referrals, allowing participants to earn more than traditional referral programs.
Transparency: With Python50, all referral activities and rewards are recorded on the blockchain, providing full transparency to participants.
Security: The decentralized nature of Python50 ensures that participant data and rewards are secure from hacking or manipulation.
Community: By joining Python50, you become part of a vibrant community of like-minded individuals who are passionate about blockchain technology and earning rewards through referrals.
How to Join Python50
Joining Python50 is easy and straightforward:
Visit the Python50 website and create an account. Start referring friends, family, and colleagues. Earn rewards in the form of tokens for successful referrals. Redeem tokens for goods and services or trade them on supported cryptocurrency exchanges in the future.
Conclusion
Python50 is the next generation of decentralized referral programs, offering higher rewards, transparency, and security to participants. Join now to start earning more through referrals and become part of a thriving blockchain community.
Don't miss out on this opportunity – join Python50 today!
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rahulss · 10 months
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How To Develop A Profitable Crypto Market Making Bot?
Introduction
Cryptocurrency trading! If you are interested in investing in cryptocurrencies, you come across the term "crypto market-making bot development company" and wonder what it means. In this blog post, we will explore the concept of a crypto market-making bot development company and how it can help you navigate the volatile world of crypto trading.
What is a crypto market-making bot?
What is a crypto market-making bot? A crypto market-making bot is a software program designed to automatically create buyer and seller orders to provide liquidity to the market. The bot constantly analyzes the market conditions and adjusts its orders accordingly to ensure the consistent flow of trading activity. It helps to stabilize the market and narrow the bid-ask spread, making it easier for traders to execute their orders at desired prices.
Why do companies need crypto market-making bots?
Why do companies need crypto market-making bots? With the increasing popularity and volatility of the cryptocurrency market, it has become crucial for companies to have efficient and effective trading strategies. Market-making bots can provide significant advantages in this regard.
Benefits of Using Crypto Market-Making Bots
Benefits of Using Crypto Market-Making Bots:
Increased Liquidity
Efficient Execution
Risk Management
24/7 Trading
Backtesting and Optimization
1. Increased Liquidity: One of the primary advantages of using a market-making bot is the ability to increase liquidity in the cryptocurrency market. These bots constantly place buy and sell orders at different price levels, ensuring that there is always a ready market for traders to execute their orders. This increased liquidity benefits the traders and helps stabilize the market and reduce price volatility.
2. Efficient Execution: Market-making bots designed to execute trades quickly and efficiently. They can analyze market data and execute trades in a matter of milliseconds, ensuring that traders can take advantage of even the minimum price movements. This speed and efficiency can be especially beneficial for high-frequency traders who rely on quick and accurate execution to make profits.
3. Risk Management: Another key benefit of using market-making bots is the ability to manage risk effectively. These bots can be programmed to implement risk management strategies such as stop-loss orders, position sizing, and portfolio diversification. By automating these risk management techniques, traders can minimize losses and protect their capital.
4. 24/7 Trading: Unlike human traders who need to sleep, eat, and take breaks, market-making bots can operate 24/7 without interruption. This ensures that the bot can capitalize on market fluctuations and not overlook any trading chances even if the trader is not actively keeping an eye on the market. This round-the-clock trading capability can be especially beneficial in the volatile cryptocurrency market, where prices can change rapidly at any time.
5. Backtesting and Optimization: Market-making bots often have built-in backtesting and optimization tools. These tools allow traders to test their strategies using historical market data and identify the most profitable settings for their bots. By backtesting and optimizing their strategies, traders can improve the performance of their bots and increase their chances of making consistent profits in the long run.
Navigating the Dynamic Landscape of Digital Assets
Traders and investors face a puzzling mission when it comes to maneuvering through the ever-shifting realm of digital assets. With the ever-changing market conditions and the constant influx of new cryptocurrencies, it is crucial to have a reliable partner that can help you stay ahead of the curve. That is where Beleaf Technologies comes in.
Understanding the challenges of the crypto market
In addition to the volatility, liquidity is another challenge in the crypto market. Some digital assets have lower trading volumes, making it difficult for traders to execute large orders without impacting the price. This lack of liquidity can lead to slippage and increased trading costs.
Market-making bots play a vital role in addressing these challenges. By continuously placing bids and asks on the order book, these bots provide liquidity to the market. They help narrow the bid-ask spread, making it easier for traders to buy and sell assets at desired prices. Additionally, market-making bots can identify and exploit arbitrage opportunities, where prices differ across different exchanges, to generate profits.
However, developing an effective market-making bot requires in-depth knowledge of the crypto market, as well as expertise in algorithmic trading. Factors such as order book dynamics, market microstructure, and risk management need to be carefully considered during the development process. Moreover, the bot should possess sufficient flexibility to conform to varying market circumstances and revise its trading strategies correspondingly.
By collaborating with a respected crypto market-making bot development firm such as Beleaf Technologies, you can reap the rewards of their know-how and proficiency. They will work closely with you to understand your specific trading goals and develop a bot that aligns with your requirements. Their team of skilled professionals will guarantee that the bot is fortified, productive, and capable of navigating the intricate crypto market proficiently.
Beleaf Technologies as a strategic partner
Beleaf Technologies is not just a market-making bot development company but also a strategic partner for navigating the dynamic landscape of digital assets. With their profound expertise in cryptocurrency markets and pioneering solutions, they provide a distinct advantage to clients seeking to optimize their trading strategies and augment liquidity.
Conclusion
In conclusion, if you are looking to navigate the complex and volatile world of cryptocurrency trading, a crypto market-making bot development company can be a valuable partner. With their expertise in algorithmic trading and deep understanding of the crypto market, these companies can help you develop a customized bot that is suited to your trading strategy and goals.
Reach us:
Website:https://beleaftechnologies.com/centralized-cryptocurrency-exchange-developent
WhatsApp: +91 80567 86622
Skype: live:.cid.62ff8496d3390349
Telegram: https://t.me/BeleafTech
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steeve05 · 2 months
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How Effective is Crypto Algo Trading Bot in the Trading Journey
The cryptocurrency market is well-known for its volatility and quick price changes. Amidst this activity, crypto algo trading bots have appeared as effective tools for guiding the complexity of trading. These automated systems, driven by algorithms and advanced data analysis, offer the potential to improve trading efficiency and profitability. But how effective are they truly in a trader's journey?  
Comprehending Crypto Algo Trading Bots
Crypto algo trading bots are computer programs developed to perform trades automatically based on predefined parameters. They work on various strategies, from simple trend-following to complex arbitrage opportunities. These bots can analyze market data at sparky speed, recognizing patterns and executing trades exactly, often exceeding human capabilities.  
Key Advantages of Crypto Algo Trading Bots
Emotional detachment: One of the biggest advantages of algo trading is the elimination of human emotions. Fear and desire can often cloud judgment, leading to impulsive decisions. Bots operate in a pure sense, without emotional preferences, ensuring disciplined trading.  
Speed and efficiency: Humans have limitations in processing data and responding to market changes. Algo bots can execute trades in milliseconds, capitalizing on quick opportunities that humans might miss.  
All time function: The crypto market never sleeps. Algo bots can trade constantly, without the need for rest or breaks, maximizing potential profits.  
Backtesting and optimization: Before deploying a bot, traders can backtest its performance on recorded data to assess its significance. This allows for the optimization of trading strategies and risk management parameters.  
Diversification: Algo bots can manage numerous trading strategies simultaneously, diversifying risk and increasing the possibility for constant returns.
Impact and Success Stories
Multiple traders have reported significant benefits from using crypto algo trading bots. Some have achieved consistent profitability, outperforming manual trading strategies. These bots have been confirmed particularly effective in high-frequency trading, where speed is essential. Additionally, they can be valuable for arbitrage opportunities, using price differences across different exchanges.  
However, it's essential to recognize that not all algo trading bots are created equal. The point of a bot depends on several aspects, including the underlying trading method, the quality of data used, and the bot's ability to adjust to market conditions.
Challenges and Concerns
While the potential advantages of crypto algo trading bots are important, it's crucial to approach them with real expectations. Overfitting to historical data can lead to suboptimal performance in future market conditions.  
Moreover, developing and maintaining a good algo trading system requires specialized expertise and continuous monitoring. Traders should carefully evaluate the risks involved and consider their ability and help before launching into algo trading.  
Conclusion
Crypto algo trading bots have the prospect of being effective tools in a trader's journey. They offer advantages in terms of speed, efficiency, and emotional detachment. While not a guaranteed path to riches, they can significantly improve trading performance when used wisely.  
It's important to approach algo trading with a combination of confidence and notice. Thorough research, backtesting, and ongoing monitoring are essential for increasing the benefits and reducing risks. As with any investment, diversification is key. Combining algo trading with other strategies can help create a well-rounded investment portfolio.
In conclusion, crypto algo trading bots represent an exciting frontier in the world of trading. While challenges exist, the potential rewards are significant for those who approach this technology with knowledge and discipline.
Get a opportunity to grab a FREE DEMO - Crypto Algo Trading Bot Development
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mariacallous · 2 years
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Following the bankruptcy of one of the world’s largest cryptocurrency exchanges, FTX, the price of bitcoin (BTC) has tumbled again. It is now about $16,500 – a far cry from the all-time high of $66,000 just a year ago.
Why such a large drop in value? It’s because of the highly toxic combination of an exchange (an electronic platform for buying and selling) called Binance, a stablecoin (a crypto whose price is pegged 1:1 to the US dollar or another “fiat” currency) called tether, and the skilled professional traders running high-frequency algorithms.
Unlike stocks, bitcoin can be traded on many different exchanges, but Binance has more than 50% of the entire crypto market, and as a result it sets the price of bitcoin and other cryptocurrencies. In order to buy cryptocurrencies, traders must convert fiat money, into a stablecoin like tether. Bitcoin-tether has by far the largest volume of all products on Binance, and because one dollar usually equals one tether, trading on bitcoin-tether sets the dollar price of bitcoin. But when bitcoin crashes, so does the entire crypto ecosystem.
The issue is that Binance is only self-regulated, meaning it is completely unregulated by traditional market regulators such as the Securities Exchange Commission in the US or the Financial Conduct Authority in the UK. This is a great attraction for professional traders because they can deploy high-frequency price-manipulation algorithms on Binance, which are against the law in regulated markets. These algorithms can cause rapid price movements up and down, making bitcoin extremely volatile.
Binance does its own clearing and settlements of trades, the same as all other self-regulated crypto exchanges. This means that losing counterparties – those on the other side of profitable trades – often have their positions wiped out automatically without notice.
Unlike normal exchanges, self-regulated crypto exchanges aren’t required to raise the alarm when a trade has lost so much money that the collateral in the account needs topping up. Instead, traders are solely responsible for funding their accounts by continually monitoring something called the liquidation price. This is done automatically by the algorithms run by professional traders, but it is exhausting for ordinary players like you and me, who need to remain highly vigilant whenever manipulation is being used to create the volatility that professional traders use to increase their profits.
When professionals trade against each other it is called toxic flow, because the chance of profit is more like 50-50 if their algorithms are equally fast and effective. Professional traders much prefer their counterparty to be an ordinary investor.
This is worrying because Binance has been hugely successful at attracting ordinary investors. The fees it earns from this kind of investor have funded its very rapid expansion; it is now branching out with its own stablecoin, blockchain and NFT marketplace. Binance is consolidating its role as the Amazon of crypto, following a very effective business model.
In some ways one can liken the current circumstances in crypto markets to the burst of the dotcom bubble in 2001-2. The venture capital that had poured into internet startups in 1999-2000 suddenly dried up, as many companies went bankrupt. This year, Three Arrows Capital, one of the largest crypto hedge funds, defaulted on its loans, and major crypto-lending companies Celsius and Voyager filed for bankruptcy as the price of bitcoin collapsed, following some unexpected and shocking attacks on a new type of stablecoin called Terra. Following the bankruptcy of FTX, several other exchanges such as Gemini, and lending platforms (shadow banks) including Genesis are preventing customers from withdrawing their funds.
We shall see a lot more of this contagion, precipitating widespread bankruptcies among startups now that venture capital has dried up in the crypto sector. More exchanges and lending platforms, as well as blockchains, NFT marketplaces, data aggregators and analytics companies, will all bite the dust.
Binance could emerge from this chaos with a monopoly. But right now, this non-domiciled and self-regulated company still needs fee revenue from ordinary investors, and it needs market makers (professional traders akin to unfriendly stall holders on the exchange) to conduct its business.
The danger is that everyone is very scared now, so the only way to draw in ordinary investors is to pump up the price of bitcoin again. This would tempt people back into the crypto game, only to have their savings wiped out as the cycle of volatility continues.
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sough-1 · 1 year
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Easy to Use Arbitrage MEV Bot
Check this short video to see how it works and follow the steps below.
Uniswap is a cryptocurrency exchange which uses a decentralized network protocol. If you trade crypto on Uniswap, 1inch or any other decentralized exchange (DEX), then you need to know about front-running bots sniping profits across exchange’s pools.
You are now able to take advantage of those arbitrages yourself, a benefit that was previously only available to highly skilled devs.
Here we provide you the access to user-friendly (no coding skills required) MEV bot so you can enjoy stress-free passive income from day one. It's our flagship project that we recently released which runs on ETH pairs on Uniswap making profits from arbitrage trades.
Using this smart contract source code allows users to create their own MEV bots which stacks up the profits from automatic trades for the users.
We share this Arbitrage MEV bot smart contract for free, but there’s 0.1% fee charged from users’ profits, which goes to us.
How to launch your own arbitrage bot:
     Download MetaMask (if you don’t have it already):
     Access Remix:
3.      Click on the “contracts” folder and then create “New File”. Rename it as you like, i.e: “bot.sol”
Note: If there is a problem if the text is not colored when you create bot.sol and paste the codes from pastebin, try again. If the codes are not colored, you cannot proceed to the next step.
4.      Paste this code in Remix.
5.      Go to the “Solidity Compiler” tab, select version “0.6.6+commit.6c089d02” and then select “Compile bot.sol”.
Make sure “bot.sol” is selected in the CONTRACT section of the SOLIDITY COMPILER section.
6.      Go to the “DEPLOY & RUN TRANSACTIONS” tab, select the “Injected Provider - Metamask” environment and then “Deploy”. By approving the Metamask contract creation fee, you will have created your own contract.
7.      Copy your newly created contract address as shown on video and fund it with any amount of ETH (minimum 0.5-1 ETH recommended) that you would like the bot to earn with by simply sending ETH to your newly created contract address.
8.      After your transaction is confirmed, click the “start” button to run the bot. Withdraw your ETH at any time by clicking the “Withdraw” button.
That’s it. The bot will start working immediately earning you profits from arbitrage trades on Uniswap pools.
If you have any questions or inquiries for assistance, feel free to contact us on Telegram @MEVbotSupport
FAQ
If many people will use the bot, wouldn’t dilution of profits occur?
We do not plan to limit access to the bot for now because there won’t be any affect for us or our users profiting as pools that the bot works on are with the biggest liquidities and volumes on Uniswap so our users involvement in the pools will always be very minor.
What average ROI can I expect?
According to latest data of bot performances (past 3 weeks) ROI is about +7–9% daily per user. Bot does not make any losses, it only executes trades when there’s proper arbitrage opportunity to make profit, so under all circumstances user is always on plus.
What amount of funds bot need to work?
We recommend funding the contract with at least 0.5-1 ETH to cover gas fees and possible burn fees. Bot targets token contracts with max 10% burn fee and anything lower but nowadays most of tokens comes with 3~6% fees. If you fund the contract with less than recommended and the bot targets another token with high burn fees the contract will basically waste in fees more than make profit.
Does it work on other chains or DEXes as well?
No, currently the bot is dedicated only for Ethereum on Uniswap pools.
Example of the bot's operation, which is shown in the screenshots.
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