Upbots Launches a Brand new feature, the Bot Creator

After the App earlier this year and recently a revamping of the marketplace, Upbots have just launched yet another feature for their community, The Bot Creator. The Bot Creator will allow users to link their own strategy to the Upbots infrastructure.

Check more details on this below!

Upbots is regarded as the intermediary, compiling all the knowledge required to succeed in the cryptocurrency market in one location. They recently reported that their user base increased by 15,000 new members, and that February alone saw a 17.36% growth in new user sign-ups.

UpBots’ ongoing platform updates and enhancements, as well as their collaborations with Binance Broker, Alameda Research, Taureon, and CMS Group, have contributed to their considerable growth.

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Who is Upbots for?

• For novice and cryptocurrency-savvy audiences

UpBots offers backtested cryptocurrency trading robots that are entirely free to use and don’t require any prior trading experience from the user. Additionally, they offer multi-leveled staking with increasing benefits based on the amount of money invested. In addition, UpBots offers a wealth of instructional materials to increase a beginner’s understanding of trading and cryptocurrency.

• For those who create automatic trading algorithms

UpBots just announced their brand new Bot Creator. UpBots provides a platform for algorithm developers as they can list their algorithm on the platform, for everyone to see and use if the latter is good enough. It is a good way to earn a passive income for someone who has coding and trading skills.

What makes UpBots unique?

• Fair performance fees model

They use the High water mark technique and there are no management costs. The highest level that a user’s capital can be used by a bot is known as a high water mark. Even if the last trade performed well, no costs will be deducted if this is not surpassed. Only profitable deals receive commissions.

• Choice of bots

With its SHORT/LONG crypto trading bots, UpBots offers a fantastic potential for diversification, guaranteeing that no matter which way markets move, the bots will always pick the most profitable course of action. UpBots recently added close to ten news algorithms, both LONG only and LONG/SHORT.

• Possibility to create your own bot

With the new addition of the Bot Creator, users can now link their strategy directly to the Upbots infrastructure, it is a way to centralize all the trading in one and only place.

More details about the Bot Creator

The Bot Creator will work exactly the same way as for a classic bot, connected to a centralized exchange through an API. The new addition is available for the users directly in the Upbots scroll down menu. Every user of the feature will be able to choose the capital used for each of the “personal bot”.

After the creation of a new bot, the last stage will be the linkage between the algorithm and the Upbots infrastructure, via API. The most common solutions are Tradingview or Python using the webhook provided by Upbots.

Conclusion

All in all, after taking a good look at UpBots and their newly launched Bot Creator we can safely say that UpBots is continuously growing, and expanding their reach letting us safely assume – there will be much more happening for the brand in 2023. According to the management team, another very important feature is about to be released.

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You can learn more about UpBots by following the links below: Website |Twitter | Instagram | Facebook | YouTube.

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