Shrimpy Announces Support for HitBTC
Shrimpy is pleased to announce official support for HitBTC! HitBTC users can now use Shrimpy to create crypto indices and automate rebalancing strategies. Shrimpy’s trading engine is able to periodically analyze a user’s portfolio and systematically automate trades, ensuring that a user’s desired portfolio and asset ratio is maintained.
HitBTC is one of the world’s most advanced cryptocurrency exchange. Since 2013, HitBTC has been providing markets for Bitcoin, Ethereum, Litecoin, Dogecoin, Monero, USDT, and more than 300 cryptocurrencies in total. HitBTC has earned a reputation for its core matching engine, which offers traders a wide range of features such as real-time clearing and cutting-edge order matching algorithms.
Since Shrimpy’s core indexing feature revolves around rebalancing, Shrimpy is always looking towards low-cost exchanges to ensure that our automated trades incur minimal trading fees for our users. HitBTC is known for having some of the lowest trading fees in the market. While this may seem insignificant at first, trading fees can have a significant impact on a portfolio’s overall performance and return.
HitBTC is also known to offer several fiat-crypto trading pairs. By introducing traditional currency into its ecosystem, HitBTC aims to attract first time traders looking for a simple and easy way to convert their fiat into crypto. HitBTC also does not charge any deposit fees. Withdrawal fees are generally limited to the network fees associated with transferring specific cryptocurrencies.
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.
Shrimpy is an automated crypto trading & portfolio management tool that lets users automate their cryptoasset portfolio strategy like a traditional index fund.
Shrimpy for Consumers
Users are able to configure a custom cryptocurrency portfolio and implement a passive management strategy, removing the hassle of having to actively trade crypto.
The free version of Shrimpy includes complete automated trading, indexing and rebalancing features for ALL users. Shrimpy also offers a monthly premium subscription for $8.99/month. The premium subscription includes:
Shrimpy Social: Follow, communicate, and share strategies with other Shrimpy traders.
Shrimpy Insights: Learn how other Shrimpy users are constructing and managing their crypto portfolio.
Advanced Backtesting: An robust backtesting tool for evaluating custom cryptocurrency portfolio & strategies.
Shrimpy Web Application: Shrimpy - Cryptocurrency Portfolio Management
Shrimpy’s Crypto Trading API for Developers
Beyond the consumer app, Shrimpy also offers a Trading API for developers looking to integrate scalable exchange trading functionality into their app.
Shrimpy’s Universal Exchange API was created as a cloud-based solution to address several crypto developer roadblocks including Exchange Trading, Product Scalability, and User Management. With Shrimpy’s API in hand, developers are not limited in scope when it comes to creating the next era of groundbreaking products that will shape the future of crypto.
Shrimpy’s API is a cryptocurrency trading API that is readily compatible with all of the following exchanges and their API endpoints: Binance API, CoinbasePro API, Bittrex API, Kraken API, Gemini API, Poloniex API, Huobi API, KuCoin API, Bibox API, BitMart API, and HitBTC API. Instead of having to manage all connections to every exchange, users can simply leverage Shrimpy’s existing crypto exchange trading infrastructure and focus on actual product development.
Shrimpy Crypto Trading API: Shrimpy | Crypto Trading APIs for Developers