ALGO-SIMPLEX
New trading generation.
Transactions on financial platforms are not always done manually. Experienced traders often use algorithms created using codes and special software. These mechanisms help to open and close trades based on pre-established rules. For example, based on price ticks in the underlying market.
High frequency
High Frequency robots are capable of taking up to 1 million orders per day, while a traditional trader places around 70 orders per day. These robots represent nearly 60% of transactions in the United States. The real added value of these robots is their speed of execution which allows them to obtain better prices than human traders. The strategies are defined upstream so that the robot analyzes multiple signals simultaneously.
Artificial Intelligence
Today is the race to who will have the most efficient robot. For this, traders/coders use the latest technologies to have the best returns and beat other robots. The use of artificial intelligence and in particular NLP (Natural Language Processing) algorithms which scrape the internet and dissect the news make it possible to link strategies based on technical analysis to macro-economic analysis.
Use a single account for trading
Choose a suitable account type and trade CFDs on cryptocurrencies without opening an account with a crypto exchange. At Algo-Simplex, you can manage cryptocurrencies and other asset types from a single account.
What is KYC in crypto?
This meant that these businesses became subject to know your customer (KYC) and anti-money laundering (AML) rules under the Bank Secrecy Act of 1970. Due to this, before any customer opens an account on a cryptocurrency exchange, they’re now asked to go through a KYC process.
KYC is a requirement you’ll encounter on almost all centralized crypto exchanges. That said, it is still possible for customers to purchase crypto without going through a crypto KYC process. However, these methods are far more complicated and much riskier.
The advantages of algo-trading
Algo-trading, also called algorithmic trading, is the act of partially or totally automating your trading. For this, purchase and sale instructions are coded in a computer language (python, java, C++, etc…).
Algorithms can work day and night and therefore increase trading opportunities. It is for this reason that many investment funds, banks, independent traders use this technology to increase returns. They have the ability to analyze a large amount of data simultaneously and make decisions in a few milliseconds. Indeed, during periods of high volatility, the algorithms have the ability to act very quickly based on multiple data. It is possible for them to determine correlations that humans could not perceive thanks to Machine Learning algorithms for example. Many strategies have been developed from these correlations between different indices / cryptocurrencies / currency pairs. One of the biggest advantages is the removal of human psychological biases that are extremely present in trading. Indeed, knowing how to manage his emotions is essential for a trader in order to avoid acting under impulses. The use of an algo-trading allows to act according to a previously defined strategy. Thus, all the psychological aspects related to the fear of losing or greed are removed because the algo-trading follows the strategy that has been defined to the letter.
Why Invest in Crypto?
Cryptocurrency has become extremely popular over the past few years, but many consumers and investors may be wondering what all the commotion is about. Why would anyone choose cryptocurrency when their local currency works just fine for most things? Why would someone invest in a cryptocurrency?
In fact, there are a lot of advantages to using and investing in cryptocurrency. Here are the top benefits to consider.
Inflation protection
Many see Bitcoin and other cryptocurrencies as offering protection against inflation. Bitcoin has a hard cap on the total number of coins that will ever be minted. So, as the growth of the money supply outpaces the growth in the Bitcoin supply, the price of Bitcoin ought to increase. There are numerous other cryptocurrencies that use mechanisms to cap supply and can act as a hedge against inflation.
Diversification
Cryptocurrency can offer investors diversification from traditional financial assets such as stocks and bonds. While there’s limited history on the price action of the crypto markets relative to stocks or bonds, so far the prices appear uncorrelated with other markets. That can make them a good source of portfolio diversification.
By combining assets with minimal price correlation, you can generate more steady returns. If your stock portfolio goes down, your crypto asset may go up and vice versa.
Guaranteed Security
Unless someone gains access to the private key for your crypto wallet, they cannot sign transactions or access your funds. However, if you lose your private key, there’s also no way to recover your funds.
Furthermore, transactions are secured by the nature of the blockchain system and the distributed network of computers verifying transactions. As more computing power is added to the network, it becomes even more secure.
Fast and Global
If you want to send someone money in the United States, there are few ways to move money or assets from one account to another faster than you can with cryptocurrency. Most transactions at U.S. financial institutions settle in three to five days. A wire transfer usually takes at least 24 hours. Stock trades settle in three days.
But one of the advantages of cryptocurrency transactions is that they can be completed in a matter of minutes. Once the block with your transaction in it is confirmed by the network, it’s fully settled and the funds are available to use.
At Algo-Simplex, you can manage cryptocurrencies and other asset types from a single account
Are You Looking Dive Into Crypto?
Digital Currency Market
At Algo-Simplex, you can trade 230 of the most popular crypto assets: Bitcoin, Binance Coin, Solana, Stellar, Ethereum, Ripple, etc.** including crypto-associated ETFs (BLOK, META, XBTF) and Stocks (COIN, NVDA, RIOT).
Buy, sell and exchange cryptocurrencies easily and securely, with our trusted partner: Switchere
Digital Currency Market Values
Crypto trading is similar to trading other assets, ranging from buying CFDs on cryptocurrencies to trading stocks of crypto-currency companies and crypto-associated ETFs. Security of transactions performed at Algo-Simplex is provided by the application of encryption methods.
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What Our Clients are Saying
« Reliable switch. Swaps performed 3 times. Always fast. Great support. Could be trusted! »
I’m really amazed how quickly the deal was done. I was a little skeptical at first since this was my first ever cryptocurrency transaction. My experience was great! Everything went quickly and smoothly. I will definitely use this service again in the future.
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