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Blockchain

Bityard Launched Copy Trading System to Benefit both Copiers and Traders

Bityard recently launched the copy trading system for CFD (contract for difference) trading, allowing users to copy trading activities from advanced traders, which greatly reduces the difficulty of crypto investment for beginners. Via the Bityard copy trading system, beginners can learn how to trade correctly from the experts, and traders who get copied and followed […]

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Bityard recently launched the copy trading system for CFD (contract for difference) trading, allowing users to copy trading activities from advanced traders, which greatly reduces the difficulty of crypto investment for beginners. Via the Bityard copy trading system, beginners can learn how to trade correctly from the experts, and traders who get copied and followed can receive extra profits from each successful trade while getting copied. Right now, the Bityard copy trading service is available on different devices including mobiles and PCs.

On January 8th, Bitcoin surpassed $41,000 to set an all-time high. Even though down to under $40,000 afterward, Bitcoin still has been attracting more and more investors to enter the market. However, cryptocurrencies are different than many types of assets since the prices are much more unstable, which makes it much harder for junior investors to establish proper investing strategies for crypto CFD trading.

In the past, many investors would go online and look for investment advice from any finance-related communities. There were also people called signal providers who shared trading strategies or information which might include cryptocurrency type to invest, position opening time, or level of leverage so that other investors online could follow the instructions to trade.

The introduction of copy trading system of trading service providers makes it much more convenient for investors to copy other traders since the copy trading process can be completed on one place online. Investors don’t need to go to different online groups for signals then trade somewhere else anymore. Bityard, a fast-growing crypto exchange, also has developed a professional copy trading system that will greatly benefit both copiers and signal providers (or, advanced traders).

Bityard Launched Copy Trading System to Benefit both Copiers and Traders

Source: Seo Lab Services

On Bityard, when a user wants to copy a trader, the user only needs to find one among all the traders with good performance, and complete the trading settings to start copying. The process is pretty simple and easy.

Bityard Launched Copy Trading System to Benefit both Copiers and Traders

Source: Seo Lab Services

Bityard copy trading system allows users to flexibly manage the position settings, which includes their position margins. A copier can increase the position margin when the copier has confidence in a trader, and can also limit it to avoid huge losses due to possible forcedly closed positions.

Bityard Launched Copy Trading System to Benefit both Copiers and Traders

Source: Seo Lab Services

There is a great number of top traders on Bityard. These traders all have been approved by Bityard so that the users can copy them without worries. All traders must complete a series of strict verification processes on Bityard before they get copied by other users. Once Bityard makes sure a trader is qualified enough, the trader will become “listed”, and the performance data of the trader will become visible to all Bityard users. Those data include profit rate, win rate, P/L ratio which shows the overall trading performance of the listed traders on Bityard.

Also, Bityard users can find different types of traders on Bityard via the trader tag function. Those tags are related to trading styles of the traders including “short term”, “aggressive”, “mainstream” and so on.

Bityard Launched Copy Trading System to Benefit both Copiers and Traders

Source: Seo Lab Services

Bityard copy trading system doesn’t only benefit copiers. For listed traders, the copy trading system

also brings them extra income. Any listed trader will get at least 8% commission from the profits of each successful trade while getting copied.

In addition, Bityard has brought more social features to its copy trading system. A listed trader on Bityard has their own personal homepage, where the trader can leave short self-introduction on the page. This will help other users to know more about the trader.

Bityard copy trading system has an easy-to-understand user interface design with sophisticated functions, which makes trading much easier for copiers and crypto beginners. The system was developed with the service concept “Complex Contract, Simple Trade” by Bityard in order to bring more convenience and simplicity to users.

Disclaimer: This is a paid post and should not be taken as news/advice.

Source: https://ambcrypto.com/bityard-launched-copy-trading-system-to-benefit-both-copiers-and-traders/

Blockchain

PARSIQ Integrated Into Polkadot For Smart Triggers Across the Relay Chain

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[PRESS RELEASE – Tallinn, Estonia, 11th May 2021]

PARSIQ, a platform that monitors data and automation across blockchains, bridging both on and off-chain apps and sending out user alerts once transactions are executed, now offers compatibility for smart triggers with the Polkadot Relay Chain.

A smart trigger is effectively a smart contract that is deployed into the PARSIQ ecosystem. It allows triggers from external chains to be passed to off-chain systems. It collects data across a variety of chains in real-time and then constructs an indexed composition of actions in any one chain in the process of reverse-engineering. It can validate and process a huge amount of real-time data simultaneously via its distributed data management layer by utilizing chain-specific feature extraction.

Building a Bridge

PARSIQ shares the same ideology as Polkadot, which is to bridge data across a huge network of chains, leaving all chains completely equal to one another, where each chain has its own personal real-world uses and strengths. This is a model which builds strength from numbers and enhances usability by combining the entire group of chains into one strong network.

PARSIQ, rather than being a chain itself, is the bridge between the chains and between off-chain applications too. Developers can build their own smart triggers using PARSIQ. These smart triggers react to events, plus they are able to store and alter data and also to learn from the data as they grow.

The platform, in addition to monitoring data and creating alerts, can also be used to deploy bots, as well as for areas like monitoring AML, performing automated accounting, and more. Each developer’s data stream is completely unique with its own branding retaining as well as its pricing structure, even while it is growing and learning from the entire network.

PARSIQ is now integrated across all of the major blockchains, including Bitcoin, Ethereum, Binance Smart Chain, Solana, Celo, Dash, and Algorand, to give users a way to simplify the automation of all their processes and applications off-chain, on-chain, and even across Layer-2 chains.

About PARSIQ

PARSIQ’s smart triggers have far-reaching functionality, including monitoring transactions, assets are withdrawn from a user, sent to other users, transfers exceeding a pre-set level, and many more. Developers can use the PARSIQ platform to build their own smart triggers for data workflow automation, storage, and learning here:

https://portal.parsiq.net/signup

Examples of workflows include:

Alerts of DOT transactions as they happen

Bridging events in the Polkadot Relay Chain (as well as other chains) with a simple user interface

Monitor data flow and create advanced analytics from the data

Alerting to strong potential trades

Usage for traders, platforms, and market researchers to build strong, data-backed pictures of the markets.

About Polkadot

Created by one of Ethereum’s founders, Dr. Gavin Wood Polkadot’s goal is to take blockchains to a state closer to Web3, where all on-chain activity is shared across a variety of chains. It is an intersection capable of translating architecture into one heterogeneous language for customizing side chains to connect with public blockchains.

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Source: https://cryptopotato.com/parsiq-integrated-into-polkadot-for-smart-triggers-across-the-relay-chain/

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Blockchain

Raze Network Kicks Off Testnet Phase With UI Community Voting

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[PRESS RELEASE – Singapore, Singapore, 11th May 2021]

Raze Network, the first Polkadot-based privacy protocol, is bracing to engage community members with our first testnet. Early birds will be able to provide feedback on the quality, function, and overall experience of the Polkadot-based privacy protocol.

This huge milestone clears the way for ‘Razers’ and collaborators to easily test drive the newest features and allows plenty of maturation time for these new features to be fully tested.

Our team already started designing the user interface of the privacy protocol we promised to launch. However, we want to resort to the collective wisdom of our community on how to actually bring this to realization, thus launching this UI Community Voting Campaign.

The beta testnet marks the latest step forward in Raze Network’s overall mission to enable the broader community to contribute to the evolution of our trustless decentralized privacy protocol.

Raze Network’s applications present the decentralized finance (DeFi) community with a cross-chain middleware solution on Polkadot for concealing transactions when operating on decentralized exchanges.

With a clear vision and solid use-case, the protocol-based solution leverages the Polkadot ecosystem to offer the required privacy layer for the crypto sphere. The privateness protocol aims to guard anonymity for all the DeFi stack on the Polkadot.

To achieve higher participation during the testnet, Raze Network is organizing a number of events, competitions, and challenges to encourage participants to actively test critical components of our ecosystem. Specifically, we will airdrop 1,000 $RAZE tokens to 10 lucky voters based on how many entries they generated to vote for the best UI style.

$RAZE is set to be the lifeblood of the Raze Network, designed as a utility token to represent participation in the ecosystem.

The launch of Raze Network’s UI testnet comes on the heels of several other recent milestones, including a robust set of developer resources and partnerships that continues to expand.

Just in April, we announced the strategic listing of Raze token on the popular DeFi platform, Uniswap. This listing closely follows our completed triple IDO event on three launchpads.

Interestingly, apart from going live on DEX exchanges, $RAZE tokens will also soon be listed on several tier-1 centralized exchanges.

This networked testnet release allows Raze to continue working with our partners towards the mass adoption of decentralized applications and smart contracts.

Since its inception, Raze Network sought to develop an infrastructure that is easy to understand and smooth to navigate. One where even new users can reap the benefits of a cross-chain middleware solution for anonymous transactions, payments trading, and mining.

Although the token launch is done, the real work starts. Most recently, we have completed the development of mint, transfer, and redeem contracts in Solidity. Currently, we are testing how to deploy these contracts on EVM.

Also, the major front-end and client modules that can invoke the aforementioned contracts have been developed.

About Raze Network

Raze Network is a Substrate-based cross-chain privacy protocol for the Polkadot ecosystem. It is built as a native privacy layer that can provide end-to-end anonymity for the entire DeFi stack. The Raze Network applies zk-SNARKs to the Zether framework to build a second-layer decentralized anonymous module.

It will then be imported as a Substrate-based smart contract. The objective of Raze Network is to enable cross-chain privacy-preserving payment and trading systems while protecting the transparency of your assets and behaviors from surveillance.

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Source: https://cryptopotato.com/raze-network-kicks-off-testnet-phase-with-ui-community-voting/

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Blockchain

First Spot: Coinbase’s App Surpassed TikTok, Instagram, and Facebook on iOS in the US

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Coinbase’s mobile application has become the most popular app on iOS in the US. With its rise to the top, it has surpassed some highly utilized applications like TikTok, YouTube, Instagram, Facebook, and more.

Coinbase Tops US iOS Chart

According to data from SensorTower, the mobile application of the largest US crypto exchange has taken the first spot in terms of the most popular free apps on iOS in the country.

The app enabling users to buy, sell, or simply hold various digital assets has climbed with several spots in the past few weeks.

As of writing these lines, TikTok – the Chinese video-sharing social networking giant that saw the light of day in 2016 takes the second spot.

Further down the list is YouTube, followed by other social media giants like Instagram and Facebook. Interestingly, Robinhood’s app is not even in the top ten. The iOS application of the financial services company takes the 12th spot.


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It’s worth noting that the top 50 free iOS applications have two Coinbase representatives. The exchanges’ wallet app is the 46th most popular application, which places it ahead of Uber, Google Drive, and Microsoft Teams.

Coinbase’s Rise

Taking the aforementioned first spot only validates Coinbase’s popularity boost in the past year or so. The company took full advantage of the ongoing crypto bull market, which has seen prices exploding.

Consequently, the firm reported a massive increase in terms of user base, volume, and revenue in the first quarter of 2021.

These impressive results came shortly before Coinbase became a publicly traded company. As CryptoPotato reported in mid-April, the firm’s shares (COIN) launched on the giant US exchange – Nasdaq.

Although some of the early backers sold off their stocks and prices suffered in the month that followed, Coinbase only intensified its aggressive expansion. In the latest endeavor, the firm agreed to acquire Skew – the popular crypto analytics company.

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Source: https://cryptopotato.com/first-spot-coinbases-app-surpassed-tiktok-instagram-and-facebook-on-ios-in-the-us/

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