Gimmer - Make your CryptoTrade Successful with Bots

cryptotaofficial (56)in #blockchain • 7 years ago

Currently, a lot of people are trying to make profit trading on cryptocurrency exchanges. The ubiquitous volatility of cryptocurrencies with their drastic increases and decreases in value that can happen in a matter of days makes them attractive to an army of wannabe traders, hoping to make money on buying low and selling high. Usually, for most of them, it happens the other way around. The experienced traders using sophisticated algorithms and equations always get ahead, executing pre-programmed orders, constantly adjusting to the prices, volumes and time, predicting the future rates based on the historical data. As Michael Lewis, author of "Flash Boys: A Wall Street Revolt" put it,

"The insiders are able to move faster than you. They are able to see your order and play it against other orders in ways you don't understand."

Although in this quote he referred to the situation on the stock market, it's even more true for the wild, unregulated, and volatile market of cryptocurrencies. Many traders to increase their chances use bots, monitoring activities on cryptocurrency exchanges and automatically placing orders when the observed conditions fit certain criteria. While those bots give a significant advantage to their users, they also narrow the circle of potentially successful traders to a group of people with the good programming skills and high experience in crypto trading.

One solution allowing more people to trade on cryptocurrency exchanges with higher chances of success lies in the platforms specializing in developing and renting trading bots. One of such platforms is Gimmer, a company offering a variety of bots capable of performing trading strategies with a different level of complexity. Gimmer's bots can simultaneously trade multiple cryptocurrency pairs utilizing various market indicators for making their decisions. The entry-level simplest bot is provided by the platform for free. The cost of renting more advanced bots depends on the level of their sophistication, how many currencies they can operate, and how many indicators and safeties they use.

In addition to renting bots, the Gimmer platform provides a number of additional services related to crypto trade. One of them is an implementation of another interesting trading strategy called Crypto-Arbitrage. Crypto-Arbitrage is a strategy based on buying and selling cryptocurrencies simultaneously on the different exchanges making a profit off the price difference. The arbitrage bots constantly monitor various cryptocurrency markets and can pick the optimal place and time for making a deal. Also, the platforms allow its users to lend their cryptocurrency to traders using its algorithms to find the best loan terms available at the moment. The more experienced traders can earn money on the platform lending their strategies to other users. In this case, the user renting the bot pays an additional fee, which goes to the strategy owner. The strategy stays secret for the person renting it, which prevents the attempts to copy and use this strategy for free.

All the operations and transactions within the Gimmer platform are conducted using platform-specific GMR Tokens. GMR Tokens are an Ethereum based ERC20 cryptocurrency tradable on cryptocurrency exchanges. The platform provides a high level of security for the operations with the user's funds. In order to conduct operations, Gimmer connects to the user's exchange wallet. This way it never holds user's cryptocurrencies directly.

demo-fta-backtest-1@2x_preview.png

Considering the growing interest in cryptocurrency trading and demand for the algorithms and bots allowing the traders improve their efficiency Gimmer has a high chance of further success.

Token structure

Maximum supply: 110,000,000 GMR
Available in presale: 15,000,000 GMR
Available in public token sale: 85,000,000 GMR (plus any unsold presale tokens)
Soft cap: 4,800 ETH
Hard cap: 35,000 ETH
Maximum Bounties, Advisers, Team and Reserves: 10,000,000 GMR
Accepted cryptos: ETHER (ETH)
Exchange rate: 1 ETH = 2,500 GMR (plus applicable bonus)
Presale minimum transaction: 30 ETH
Public token sale minimum transaction: 0.1 ETH