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Trading in decentralized finance is evolving rapidly and empowering people worldwide to access new forms of income. Spearheading this revolution are platforms like SuperBots, a BSC-based protocol enabling users to deposit their capital in vaults for secure and efficient trades on decentralized markets.
SuperBots accelerates the mainstream adoption of DeFi trading through high-performance bots that automatically trade for their owners. This way, users can achieve profitable trades, regardless of their experience or skill. Furthermore, the platform does not charge any fees for deposits and withdrawals. Instead, it only takes performance fees and one transaction fee.
How SuperBots Works
SuperBots enables traders to automate their DeFi trades by using particular strategies in a specific market. The platform has vaults operating 24/7 and year-round, allowing users to trade safely without being prisoners to a strict schedule.
Traders can use SuperBots without creating an account on the platform. They need a MetaMask wallet to connect with the platform and begin trading immediately. Moreover, they don’t need experience in crypto trading or a thorough understanding of DeFi to trade on SuperBots.
High security is one of the primary aspects separating SuperBots from other DeFi trading services. The platform is secured by CertiK and Immunefi, two of the industry’s leading audit and security providers. Furthermore, all the trades occurring through SuperBots are blockchain-based and safe. All the platform’s smart contracts are verified on BscScan, and the management team uses multisig for all contracts. You can find a list of all SuperBots security audits here.
Automated Trading in DEX with SuperBots
Expert trading is not readily available for everyone, notably less for newcomers to this practice. SuperBots seeks to eliminate this barrier through algorithmic trading vaults, a feature allowing users to lock their funds in a pool and let trading algorithms do the work for them.
Each of these vaults uses a different algorithm, accommodating various trading strategies, operations, and coin pairs. Investors pouring capital into a pool gain collective sharing rights. Also, they receive xUBXT tokens in exchange for their funds. Users can transfer these tokens freely and enable another wallet to later withdraw the capital.
SuperBots does not create or own the algorithms available on its platform. Instead, they are the products of third parties, who get a percentage from investors obtaining profitable trades thanks to them.
The platform uses 1inch, a DeFi and DEX aggregator, for trading to reduce slippage on trades. Also, this feature enables users to divide the volume between different pools by optimizing the slippage automatically.
SuperBots vaults rely on performance fees to operate. The vault converts 15% into UBXT tokens when a trade is profitable. Then, it redistributes these funds trickling from these fees to staking pools and to the 3rd-party developers providing the algorithms. Additionally, the platform retains a smaller percentage of successful trades. On the other hand, if there is no profit, the system does not charge any fees.
Users can deposit funds on SuperBots straight from their wallets and retain 100% ownership over their crypto. More importantly, they can withdraw their capital whenever they please.
The platform also offers a Super-Vault, a feature simplifying DeFi trading by automatically dividing a user’s funds equally between the 5 best-performing bots. This tool rebalances the distribution monthly based on the bots’ performance.
You can check how the SuperBots perform here.
The Bottom Line
SuperBots proposes advanced and secure forms of DeFi trading. Its automated trading in DEX service is affordable to most traders because the platform has a no-fees policy on deposits and withdrawals. Also, it allows inexperienced traders to succeed through the vaults using algorithms and social trading to guide their strategies toward profit.