Why UpBots performance fees are cool

Daniel UpBots

Published in

Upbots

4 min readJul 23, 2021

You’ve arrived just in time for another edition of the UpBots weekly wrap up! Take a seat and get ready to enjoy.

Having to pay monthly fees on trading tools really sucks, but it sucks 100x more when you’re paying fees for something that you’re not winning with! Well, UpBots is revolutionizing the whole idea of fees with our unique performance fees model, and yes, we have an article all about it.

We’ve also taken a new approach to visual content with some new informative infographics. Topics such as crypto scams and UpBots performance fees were previously covered. You can check them out on each of our social media channels.

Then to truly wrap everything up for the week, there’s our world-famous list of platform updates. So let’s dive in!

UpBots Performance Fees Article

Why on earth should you pay monthly for something that isn’t benefiting you? This has been the case with various trading tools and it often leads to lots of user frustration.

Luckily, UpBots has taken notice and changed the subscription fees game with…*shiny and glittery effects* performance fees. The performance fees model is unique because there are incentives at every corner of the platform to help keep users winning.

This encourages algo devs and other users to keep using platform services because, in the end, everyone wins.

Learn everything you need to know about performance fees right here.

New visual content

To help break down any higher-level topics to an easily digestible state, coupled with a little story narrative along the way, we’ve developed a new visual content strategy.

Now you can learn about hot topics in crypto, as well as the core functions of UpBots, through fun and descriptive infographics. The past few weeks saw us publish infographics on crypto scams and why the UpBots performance fees are revolutionary.

You can view the pieces on crypto scams and performance fees on all of our social media channels. Be sure to follow each page to not miss any awesome content!

Platform Updates

Performance fees system updated

Updates for the current performance fees system have been pushed by the team. Distribution to UBXT staking pools is now enabled, allowing for the allocated percentage of fees to flow to staking pools after being deducted.

UBXT withdrawal is also currently enabled and an update was made to help improve UBXT deposits. Both of these features allow users to withdraw and deposit UBXT funds to/from their UpBots account.

More info on performance fees will be reported as development rolls on.

Bot name added to user notifications panel

Users will now see the corresponding bot name that completed a trade for them under their user notifications.

For each notification you see in the panel’s list, you’ll see the date & time, message, bot name, and source mapped out.

New application dashboards making progress

Some bright, shiny, and new interface dashboards are making their way onto UpBots. They’re even extra cool because they were produced by a former UX/UI lead from Paypal!

These sleek new dashboards will bring a great new user experience for all UpBots users. More info regarding these new dashboard designs will come as development progresses.

My Bots stats portal added

Algo developers who are plugging their trading algos in to UpBots bots, will have access to the My Bots stats portal. It’s here that they can view important back end details on each of their bot’s performance metrics.

Data related to total followers, date activated, total UBXT accumulated, and more are all viewable in this portal. Algo devs can access this portal right now on our platform.

That’s it for this week! Be sure to catch us for the next one.

And now a meme from our community…