announced Friday that its program is now open to users in more than 100 nations around the world. The program, first piloted in late 2018 on an invitation-only basis, allows users to earn by taking part in various educational tasks. According to the blog :
Earn enables users to earn crypto for answering quizzes, completing tasks, and trying new decentralized protocols. Asset issuers likewise use Earn to teach people how to use their new and projects. Earn opportunities are currently publicly available for Lumens (XLM), ZCash (ZEC), Basic Attention (BAT), and 0x (ZRX), with many more coming soon.
With the announcement, the program is now available for users in the U.S. and United Kingdom, as well as various countries across the European Union and Asia. Users can participate by signing up on , completing their identity verification, and meeting the program’s eligibility requirements. There will also be a waiting list for users who live in countries where Earn is not yet available.
described the reasoning behind the program’s creation and explained that progressing “from to buying it to earning it” provides an important opportunity for the public to become more educated about crypto technology:
With this international expansion, anyone with a smartphone in a supported country can now earn crypto while they learn about crypto just by setting up a free account. This means millions more people now have a trusted, safe, and legal bridge to the cryptoeconomy — even if they don’t have a credit card or bank account with which to buy .
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis. Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more efficiently, and sometimes even in their sleep.
Also read: Trading and Technical Charts
Cryptocurrency Algorithmic Trading Bots
Lots of bitcoin traders use trading bots to perform quicker trades than humans can naturally process by themselves. Trading bots became popularized in the cryptocurrency environment years ago, with the infamous Mt. Gox “” bots back in 2013. These alleged bots were accused of pushing the price of bitcoin up faster than a natural bull run. However, bots are not necessarily bad tools and they have been used in computational trading since the seventies. They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously without having to rest.
Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market actions, such as time, price, orders, and volume. Bots or program trading is used within many global stock exchanges and is a legal practice for the most part. bitcoin trading bots are said to establish more efficient trading and can be utilized on many well-known cryptocurrency exchanges today. There are bots that are free of charge and can be downloaded online. Some people have also designed their own . Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Subscription Bot Services
Haasbot
The algorithmic trading software, created by Haasonline, trades bitcoin and over 500 altcoins on many popular exchanges. This includes fully automated trades on platforms such as GDAX, Poloniex, Bitfinex, Kraken, Huobi, BTCC, Gemini and much more. Haasonline details the bot is customizable and enables a variety of technical indicator tools.
“Our bitcoin bot utilizes industry leading indicators such as StochRSI, MACD-Histogram, PPO, Ultimate Oscillator, Ulcer Index, Regression Slope Cross, and more,” explains Haasonline.
BTC Robot
considers itself the world’s first electronic cryptocurrency robot. The trading robot offers multiple plans for different types of software and membership. The cheapest robot plan is US$149 for the silver software, which gives traders a downloadable version for various Windows operating systems. Mac users have to pay a touch more. The company notes that its algorithmic trading does not predict markets perfectly, and there will always be losing and winning trades. It further added that:
100% winning systems are impossible, so don’t be fooled by so called “get rich scams” promising such impossible results.
Cryptotrader
is a cloud-based automated bitcoin trading bot that claims to allow users to build algorithmic trading programs in minutes. The company also offers a “Strategy Marketplace” where users can purchase and sell trading strategies. Cryptotrader says that it is supported by most of the popular exchanges such as Coinbase, BTCe, Bitstamp, and more. The business states that its automated trading bots in are unique compared to the current bots on the market today.
Trade While You Sleep
Bot trading may not be for everyone as the software can be difficult for inexperienced traders to understand. Furthermore, traders have to trust in the efficiency and reliability of companies or the free software that offers algorithmic cryptocurrency trading. There are many different businesses online offering bot services, and some of them may not be legitimate. Alongside this, free trading bot programs can be found on sites like Sourceforge, but people should research diligently before trusting any free software. However, reputable and functioning trading bots may increase trade profits, if used correctly.
What do you think about trading bots? Let us know in the comments below.
Images via Pixabay, Haasbot, BTC Robot, Cryptotrader websites.
Why not keep track of the price with one of bitcoin.com’s widget.
EUR Slips on Slowing Growth, Politics Grips GBP – US Market Open MARKET DEVELOPMENT – USD HITS 9-WEEK HIGHS AS EUR AND GBP SUFFER EUR: The Euro remains on the backfoot having broken below 1.14 […]
Financial Analyst Gary Shilling Shorts bitcoin: It’s a ‘Grand Ponzi Scheme’ from WordPress https://ift.tt/2Pz3PyG https://ift.tt/2Pz3PyG https://ift.tt/2Do4I6a from Blogger https://ift.tt/2Fso3pk via SEO Services