Multibot is a new word in the crypto trading

The cryptocurrency market has an unprecedented growth now. The crypto industry surprises everyone with the rapidity and pace of its development.

However such an impressive leap has its own flip side of the coin. Today the situation is the following: the crypto market develops so quickly that infrastructure solutions for providing the industry with convenient tools for working with digital assets are not keeping up with it.

Seeing this problem our team has set a goal to correct this situation by creating Multibot, a platform that can make easier the cryptocurrencies trading.

What is the situation on the market right now and what can Multibot offer? Let’s find out everything in a proper order.

Today the crypto investment branch is on the rise and among the leaders in profitability. The cryptocurrency shows a solid growth potential. So according to Coinmarketcap, from January to October 2017 the total market capitalization has increased from $17 billion to $179 billion. At the same time Bitcoin at the beginning of the year costed about $960 and in early November we all saw it stepping over the price limit of $6,500.

At the same time this branch remains extremely volatile. The cryptocurrency quotations are not supported by the real economy. Their rate is formed mainly due to the mining cost, as well as the correlation between supply and demand for a particular crypto asset.

Therefore the digital money price curve is so volatile — it is influenced with a variety of factors, often in a critical dependence on the information background and the trading environment. And information signals play a significant role in shaping the agenda on the cryptocurrency market.

The market situation in early September this year can be a sort of a textbook example already, when after the ICO ban in China the whole industry collapsed by 20%. The cryptocurrencies had to “regain consciousness” for several weeks in order to be able to regain lost ground.

This market remains one of the most risky for investments among all those widely available to a mass investor. However it is also the most profitable. In this branch there are many different factors traders need to consider if they want to work successfully and multiply their capital.

To react in time to the changings of the market situation the crypto asset holders have always to be “on their toes”. However being constantly aware of everything and everywhere is impossible, it always leads to financial losses. Unless, of course, you have a reliable automated assistant which is not only monitoring the market situation, but even transfers money from the exchanges if necessary.

How to avoid losses? Our answer — Multibot.

Multibot offers its users to automate the monitoring process of the cryptocurrency market as much as possible. We are developing a cloud service that will allow the crypto assets holders to minimize their own financial loss risks due to exchange rate fluctuations.

With Multibot you will no longer need to worry about missing some nuance which may lead to the situation if your assets unexpectedly lose the value. Our system algorithms will take care of this — they continuously monitor the market situation according to parameters set by the user.

As a targeted monitoring object Multibot uses the data from the largest crypto exchange trades with potential future coverage of as many trading platforms as possible. This will allow the users of our system to receive as full and reliable information as possible, which will show in detail the current picture of the digital currencies quotations activity.

Multibot analytics will help traders to determine for themselves perspective trends in time and react quickly to any important changes.

The platform interface has available flexible options helping traders to customize the functions of Multibot for their own needs: general monitoring of the exchange rate dynamics of a particular currency, tracking the crypto assets capitalization, trading volume, summary statistics for target positions, etc.

With the option of a special customizable notifications users can always quickly receive important trade signals in any convenient form (push notifications, e-mail, through messengers, SMS).

Multibot can also set the automatic trading according to the specified criteria for you. Thus, in case of the necessary conditions on the market (buying/selling when a certain price is reached, buying/selling when the price changes over a period of Y by more than X, etc.), the system will be able to perform the necessary actions independently. So, a trader even being offline shouldn’t worry about the work of his assets with the maximum benefit.

If to evaluate the current trends in the cryptocurrency market development we can make the assumption in the foreseeable future it will continue to develop confidently. And it means attraction of more and more investors. The more players appear at the crypto market, the more popular are complex, multifunctional solutions for managing digital assets.

With the Multibot functionality people will get convenient tools for comfortable and efficient cryptocurrency trading. We can confidently ensure our platform will become a reliable asset protection!

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