The mere sight of cryptocurrency market charts can wear traders out, and it’s likely that this added to the length of the bear season.It may seem like a never-ending grind for both novice and seasoned traders to stay afloat in the cryptocurrency market after it hit historic lows for well over a year.
It’s critical for traders to get together and share knowledge during periods like these, when the volatility of the market makes individual efforts and manual orders rarely profitable.One project attempts to address this possibility by integrating a social component into cryptocurrency trading.With the automated trading that CryptoRobotics provides on cryptocurrency exchanges, users can put well-liked strategies into practice.Traders can execute trades concurrently and profit from each other’s profitable trading strategies thanks to their cloud-based technology.By creating a trading index that will unite all traders and investors into a single, large community with common objectives, CryptoRobotics hopes to bring traders and investors together with features like autostrategies, copy trading, and crypto signals.
CryptoRobotics’ dedication to bringing traders and investors together for a common goal is one of the company’s primary points of differentiation in the market.CryptoRobotics wants to build a trading index that supports a community with shared objectives, in contrast to many other projects that concentrate on increasing commissions and fees. Their profit-sharing model guarantees equity and justice for every member of the community.Successful traders receive rebates, and investors split profits with the traders who developed the strategies.This strategy emphasizes community support and acknowledgment for enthusiastic traders, appealing to both novice and seasoned traders.
Trading robots and signals—first supplied by analysts or seasoned traders, and then carried out by robots—are combined in the auto-following CryptoRobotics feature.This feature makes it easier for beginners to trade continuously with a simple setup.Professional traders and analysts can profit from their trading strategies by using automation in the interim.
CryptoRobotics is also integrated with fifteen significant cryptocurrency exchanges. With its risk-management system, users can trade on spot and futures exchanges using its bots.The team at CryptoRobotics elucidated that the project amalgamates optimal methodologies from conventional asset markets, such as user-generated strategies, duplicate trades, and risk mitigation via multi-asset investment.
“CryptoRobotics is a platform for beginners and experienced traders, but most importantly, for enthusiastic traders who need community support and recognition,” a CryptoRobotics spokesperson said. “Those who love the market and stay awake for weeks anticipating a big win or after a fatal mistake.”
CryptoRobotics is the newest startup to join the growing roster of promising Web3 and cryptocurrency companies that Cointelegraph Accelerator has selected.In the competitive world of cryptocurrency investing, the CryptoRobotics team has already developed a product that brings in money.Since its launch, CryptoRobotics has generated over 55,000 registered users, 20 trading robots, and over 50 popular strategies. Its social approach to trading has accelerated.In 2022, the platform witnessed trading volume exceeding $1 billion.The majority of the startup’s staff is based in Bali, while its head office is in Estonia.