Arbitrage Trading Made Easy With Hivereck Trading Bot

In the world of crypto , timing and exposure are everything. Broader access to information, quicker links to markets and faster execution of trades are key factors. The volatility of cryptocurrencies, their markets and round the clock open means that a trader has to be on his or her toes at all times.

Bots: Helping Traders

Automatic trading programs and algorithms, commonly known as trading bots, or just bots in the trading industry, are pieces of software that are designed to help traders in selection and execution of orders. Quick, fast and automated, these bots are increasingly being used by traders to gain that edge.

With speed and efficiency that humans cannot match, bots are becoming increasingly widespread in their role as trading gains momentum. Currently, these bots are cumbersome, complex and require intimate knowledge of their workings. This has created issues for traders who are novices or are not so technologically adept, effectively creating a barrier of entry into trading.

: Simplicity and Power in Trading

London-based Hivereck has developed a trading bot that opens the gates for all kinds of traders. The simplistic nature, combined with advanced trading features means that now any trader can compete with the most resourceful ones.

The Hivereck trading bot uses a simple technique to give traders an advantage. It studies different trading orders in several exchanges, utilizing different trading pairs at the same time. This results in the to identify which trade would yield the most profitable returns. With quick easy steps, the is the most user-friendly in the crypto trading industry at the moment:

  • Sign up and verify account.
  • Select profit to be given in USD or BTC.
  • Deposit USD or crypto in wallet.
  • Start trading.

Hivereck accepts deposits in BTC, LTC, ETH, QTUM, USD and more. By placing trading orders, users can take advantage of Hivereck’s ability to connect with 1,500 markets across 75 crypto exchanges. A highly reactive and round the clock trading means that with the same trading pairs, there can be a difference of as high as 15% in price across different exchanges. Hivereck trading bot leverages its connectivity to the exchanges and executes a trade on the exchange with the maximum profitability. Users can earn profits of 2% to 7% through this.

Hivereck’s option to distribute the profit in USD or BTC is another advantage. Profits are handed out after 24 hours of a trade. With fluctuating value, the profit in BTC can be less than what was achieved. Users have the option to receive their profits in USD, countering that volatility.

Hivereck bot is the ultimate in trading, with its vast access to different trading markets. The ability to find the difference in difference in exchange rates and capitalize on it makes Hivereck trading bot a tool every trader must have.

For more information on the trading bot, visit their website: http://www.hivereck.com/

Disclosure: This is a sponsored article

Arbitrage Trading Made Easy With Hivereck Trading Bot

Arbitrage Trading Made Easy With Hivereck Trading Bot

This article was originally posted on The Merkel – with a dedicated news section and also a variety of educational articles relating to , […]
Source: cryptonewsmonitor
Arbitrage Trading Made Easy With Hivereck Trading Bot

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Hivereck Trading Bot Lets Traders Easily Take Advantage of Arbitrage Opportunities

, a London-based software solutions company, has developed an innovative yet simple trading bot to easily manage . The market-leading is suitable for both novice and professional traders — leveling the playing field with its simplistic algorithm.

Arbitrage trading is on the rise and is being used more frequently by Altcoin and traders (both amateur and experienced). Cryptocurrency and traditional forex have proven to be hard to predict but Hivereck has created a and simpler tool that will benefit all levels of traders to mitigate transaction exposure and boost profits — the solution that all traders have been waiting for.

In the past, traders were required to possess detailed knowledge of the exchange, fees structures and APIs to be able to place successful trades. However, the innovative arbitrage bot means that this will no longer be the case.

Many exchanges offer the same currency pairs but the rates between them can vary from 1% to 15%. This offers great earning potential for Altcoin or BTC traders. The Hivereck bots grants users an average of 2% to 7% and profits are allowed to be withdrawn twenty-four hours after the trade.

Arbitrage trading is a strategy used globally to buy low and sell high, taking advantage of varying order book prices at different exchanges, regardless of market conditions, making it a popular tool around the world with its potential to make strong returns.

Hivereck is an arbitrage trading bot that trades several pairs between numerous exchanges. It also includes company funds, with the addition of the funds deposited and locked by users internationally. Hivereck’s strategy works by buying cryptocurrencies from exchanges where the prices are at their lowest and searching for prices in different exchanges to then sell on the exchanges where the prices are at their highest. This ensures that traders receive profits depending on their assets.

Hivereck levels the playing field by offering transparency, efficiency, and simplicity. Its algorithm allows users to simultaneously place numerous currency pairs between several global exchanges so that it is easier to identify and exploit prices as they differentiate. Everyone is in search of good deals when it comes to finances and providing traders with this solution — to search and transact — makes the Hivereck bot the perfect marketing tool to assist digital traders in finding better trades.

Users can withdraw their funds within 24 hours depending on their asset values, and can also use fiat currencies to trade. To get started on the Hickerick platform register an account here, and then proceed by depositing cryptocurrencies into the wallet, then choosing BTC or USD to collect earnings.

There is a range of other currencies aside from BTC and USD that can be deposited including LTC, EHM, and QTM. Once the account is active and has funds, users can trade at over 75 global cryptocurrency exchanges across 1,500 markets, granting traders maximum exposure.

Users benefit from maximum returns with Hivereck, and arbitrage trading is just that little bit easier. To learn more, visit Hivereck Solutions at http://www.hivereck.

Disclosure: This is a sponsored article

The post Hivereck Trading Bot Lets Traders Easily Take Advantage of Arbitrage Opportunities appeared first on NullTX.


Source: nulltx
Hivereck Trading Bot Lets Traders Easily Take Advantage of Arbitrage Opportunities

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Bitcoin and Cryptocurrency Trading in Iran Illicit

Bitcoin BTC Iran

There have been reports that miners have
increased Iran’s energy consumption by 7 percent.  The Iranian government has, nonetheless, been
very accommodating to the miners. The West Asian nation has ratified a bill
that officially acknowledges cryptocurrency mining. The Iranian government,
however, has not been so friendly towards cryptocurrency .

The ratified bill has failed to give cryptocurrency trading the same merit as crypto mining. As per the approved bill, the Iranian government does not recognize digital currency trading done within its borders as lawful.  Tweeting about the issue, Global Coin Research says:

 “Iranian government claims that it will not recognize as lawful any trade activity carried out inside Iran involving cryptocurrencies. It will also not view the digital coin as legal tender, and the Central Bank of Iran would not guarantee their value.”

More Accommodation for

The harsh stance taken on crypto trading, might not do much to dampen the mood of the growing Iranian interest in digital assets. Iranians are turning to digital coins to enable them to access international currencies. Iran is currently stifled by unending US sanctions targeting the Islamic Republic’s already ailing economy.

Cryptocurrencies have allowed Iranians to bypass the Trump administrations sanctions, over its nuclear deal with other global players. The Bitcoin craze has been the subject of many Iranian newspapers headlines, even discussed by the nation’s top ayatollahs. There also have been police raids on mining farms set up to make a profit from the digital currency.

Many government officials have decried crypto mining’s energy-hungry process. Most miners have also been abusing the nation’s system of subsidized electricity. The threat of raids and conflicting statements from authorities have nonetheless, driven crypto mining into the shadows, with miners wary of identification.

A Dawn for Iran’s Cryptocurrency Mining

Now as the nation, joins the list of the progressive countries that have acknowledged cryptocurrency mining as a legitimate industry, the situation is bound to ease up. Crypto mining has been a gold mine for Iranians at a time when the rial has tumbled heavily against the dollar.

Iran had banned the importation of mining machines until the
bill on cryptocurrencies was ready. This issue will hopefully change as per the
ratified law.  The new law says that
mining will be allowed under certain conditions.

First, the miners will require approval from the mining
regulators. Additionally, there will be no mining in a 30-kilometer boundary
around all provincial centers. The only exception to the boundary rule is
Tehran, the capital city, and Esfahan, the central city, which has more
stringent restrictions.

The miners are also expected to adhere to rules set by the country’s communications and standardization authorities. This is in the areas about mining machines. There will be fees too that miners will need to cover to mine digital currencies in the country. The base price for energy used on mining farms will be as per the export costs.

Taxes will also be levied on mining farms, now classified as
industrial manufacturing units. There is, nonetheless, an exemption for miners
that return the profit earned from the mining activities back to the nation’s
economic cycle. Iran is also ready to set up industrial zones for foreigners
out to take advantage of the nation’s cheap energy. 

Bitcoin and Cryptocurrency Trading in Iran Illicit

Bitcoin and Cryptocurrency Trading in Iran Illicit

This article was originally posted on Ethereum World News – an independent news provider covereing Ethereum, , Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain […]
Source: cryptonewsmonitor
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