BitMart Officially Partners with Shrimpy
The Shrimpy team is pleased to announce our official partnership with BitMart Exchange! BitMart users can now create crypto index portfolios and execute indexing and rebalancing strategies directly through the Shrimpy application.
Furthermore, BitMart users will also be able to trade through Shrimpy’s Universal Exchange API. This will provide developers and experienced traders with the necessary tools to construct and execute automated trading strategies through 3rd party applications. Additional details regarding the Universal Crypto Exchange API can be found here.
As one of the fastest growing trading platforms within the crypto space, BitMart is a young exchange with an ambitious vision. Launched in 2017, BitMart seeks to address many of the challenges that exist with a large number of cryptocurrency exchanges. Within the crypto space, a good portion of exchanges exist as listing and liquidity platforms for low-cap cryptocurrencies and tokens. When it comes to providing important features necessary for advanced trading and long-term investment, many exchanges are limited in trading capabilities beyond basic buy/sell orders.
BitMart looks to solve this industry-wide problem by offering a wide range of financial products, include futures-contract trading, OTC trading, on-network trading, and DEX trading. Furthermore, BitMart is also planning on becoming a blockchain incubator and provide technical, financial, and marketing solutions for traditional business with digital asset initiatives. By supporting a diverse ecosystem for blockchain projects and cryptocurrencies, BitMart aims to become an industry leader in financial products for digital assets. BitMart’s vision aligns with Shrimpy’s mission of facilitating global use and adoption of cryptocurrencies and digital assets across the globe.
On April 30th 2018, BitMart was officially registered as a Money Service Business by the Financial Crimes Enforcement Network (FinCEN), allowing it to legally perform crypto-to-crypto trading in most U.S. states and territories. More recently, BitMart was announced as a recipient of SVIEF’s 2018 Top 30 Innovation Awards.
BitMart is headquartered in the Cayman Islands, with office branches in the United States, China, and South Korea. It services over 500K traders located in over 180 countries spread across the globe.
Low Trading Fees
With one of the lowest trading fees available across crypto trading platforms and exchanges (0.05%), BitMart is focused on providing a low-cost trading platform for its customers
Debit/Credit Card Deposit
BitMart recently announced their official partnership with Simplex, allowing users to buy & deposit cryptocurrencies with their debit or credit card. BitMart seeks to lower the barrier of entry for non-crypto users by providing a simple and easy method of acquiring their first cryptocurrency.
Shrimpy’s mission in the crypto space is to develop a universal interface for cryptocurrency traders and developers to easily access liquidity pools from exchanges all across the world. Achieving this goals means accelerated exchange integration and scaling infrastructure development to support 3rd-party app developers. Shrimpy now supports a total of 11 exchanges, listed below.
Free to use, Shrimpy is a portfolio and tracking application used by cryptocurrency traders looking to automate their portfolio. With Shrimpy, anyone can create a crypto index and implement an automated trading strategy within a matter of minutes.
Users can also track their entire crypto portfolio across multiple exchanges and cold storage wallets from a single unified dashboard.
Shrimpy’s Premium features include the following:
Social: The easiest way to follow other traders, share strategies, and learn about different assets.
Insights: A complete view of the most popular trends on Shrimpy.
Backtesting: An analysis and backtesting tool for evaluating crypto indexing strategies.
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