Eterbase: Introducing EterBot v2.0

ETERBASE
ETERBASE
Aug 25 · 2 min read
Image for post
Image for post

EterBot, your personal trading assistant, allows you to do close to High-Frequency pure market making directly on eterbase.exchange. As you already know, its integrated directly inside Eterbase which allows its users to place orders through DMA (Direct Market Access) instead of through API, which means you’ll be able to do market making faster than through any other trading bot.

Grid Trading is the first trading strategy that was implemented with a goal to help its users to gain stable and passive profits with low risk in the volatile cryptocurrency market. This trading strategy profits from the ups and downs of the market, you set a Price Range for the bot, adjust how many Grids you want and as long as the price stays within your set range, the bot will always sell a portion when the price goes a bit up and buy a portion when it goes a bit down.

Based on the feedback, usage, and overall performance, we’ve decided not to waste too much time and EterBot got its first upgrades!

EterBot v2.0: Trailing UP and StopLoss

Image for post
Image for post

Market movements cant be controlled or predicted all the time, and if you’re already having a trading assistant, taking care of your investment should be a priority. That's why we’re proud to announce that EterBot has two new updates that will assist you day and night: Trailing UP and StopLoss

What Is Trailing UP?

Trailing UP is a trading strategy that uses Grid-based Trading, but according to the market movements, it automatically adjusts your TOP RANGE in order to give you a flexible trading range in a volatile market, while it can be also combined with the StopLoss feature.

What Is a Stop-Loss Order?

A stop-loss order is an order placed on the exchange to buy or sell a specific asset once it reaches a certain price. A stop-loss is designed to limit an investor’s loss on a position. For example, setting a stop-loss order for 10% below the price at which you bought the asset will limit your loss to 10% regardless of how the market moves afterward.

You cant control the market movements, but you can control the final outcome of your trades and EterBot will be the perfect assistant to help you even when you don’t have too much time.

For up-to-date information, subscribe here: https://www.eterbase.com

Follow our social media and don’t be shy to join the discussion:
https://t.me/eterbaseexhcange
https://facebook.com/ETERBASE
https://twitter.com/ETERBASE
https://www.reddit.com/r/Eterbase
https://www.linkedin.com/company/eterbase-ag/

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch

Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore

Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store