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Author Topic: [ANN][ITO] BmyBit Automated Trading across multiple exchanges  (Read 3053 times)
DKREBEL86
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October 30, 2017, 01:13:56 PM
 #1







BmyBit services are online and available for registered users

BITTREX | GDAX | POLONIEX | HITBTC | KRAKEN | BITFINEX | CEX | C-CEX | BINANCE | KUCOIN | BITSTAMP



NOTE: The company focused on the release of its services before anything else in order to provide the maximum transparency to its community.




  • Introducing BmyBit



An all-in-one automated trading platform for digital assets. The convenience of a wealth management service with no deposit needed.


The platform is online since May 2016 and consists of:


    • Personal Automated Trading System PATS
    • Automated Arbitrage System
    • Manual Trading
    • Digital wallets (Bitcoin and BmyCoin)
    • BmyFolio
    • User profiles
    • Chat (public and private)
    • REST API


    We are working on the mobile version. Here is a demo video (no audio) of the new UI/UX for mobiles:


    The mobile version is online




    • Our infrastructures



    Our data base is built on Google Cloud Bigtable and our servers run on Amazon Web Services.

    Bigtable and AWS are both seamless scaling and highly secure.

    After the completion of the Huge Thing acceleration program for Fintech startups, the company received allowances for the use of Google and AWS services.




    • Who is using BmyBit?



    The platform is already populated by more than 4,700 users and 350 active traders that are testing the automated trading services with outstanding results. The track of their records is available online for registered users only @ bmybit.com/leaderboard .

    Users connect their accounts with digital exchanges with BmyBit via API keys [ without withdrawal permissions ] in order to avoid eventual malicious attempts to their funds.





    • Why BmyBit?



    BmyBit is for traders that hold digital assets in more than 1 digital exchange. The platform helps to keep track of all records from trading activities over several exchanges. Users can perform manual trading (by placing limits to buy and to sell) and start automated trading strategies.

    We are completing a C2C model in order to let out greatest users create trading strategies that beginners and intermediate users might follow by paying the owner of these.

    The blockchain will process multi-signature transactions in order to execute escrow agreements between parties on BmyBit.com.

    BmyCoin is the only asset accepted as a form of payment on BmyBit.





    • How does it work?



    After the registration, users shall input their API keys from digital exchanges into BmyBit. After the APIs step, users will be able to use the trading services of the platform.


    1 Registration   >>  2 API Keys [input]   >>  3  Trading across multiple exchanges [service]


    We believe that the best way to describe a product is thorough a video demonstration of it. Therefore we have captured an overview of bmybit.com from a living session with our CEO:






    • BmyBit blockchain - the MultiChain protocol



    There will be 2 blockchains, both private, built over the same Multichain protocol. One blockchain issues the BmyCoin token and will be spent for streaming the multi-signatures agreements between the parties. The other blockchain issues no tokens and will be spent for the storage of the AML and KYC data from clients and to elect the committee members. Once the C2C model will be implemented, the committee main power will be handling the eventual disputes that might occur between customers. The decentralised election process will be implemented over BmyBit's MultiChain protocol.

    The 2 blockchains will share information about the users in order to:

    • Crystal clear payment system
    • Be AML & KYC compliant
    • Store the agreements over a distributed model
    • Avoid third parties from escrow agreements
    • Simplify the audit mechanisms








    • Road map (Dec 15 - Dec 18)









    • Founding team





    Check our team @ bmybit.com/team




    • Our Solicitors



    The BMYC token is a utility token. BMYC tokens are not securities and are not an investment. To ensure compliance with anti-money laundering (AML) policies, Know Your Client (KYC) procedure will be implemented.




    The full documentation of BmyBit Ltd is available on Companies House







    ITO




    Follow the steps below to buy BmyCoin (BMYC)








    • The BmyCoin role in BmyBit ecosystem



    • BmyCoin (BMYC) is a crypto asset issued on a BmyBit private blockchain.
    • BMYC is the asset accepted as a form of payment on bmybit.com.
    • BMYC is exchangeable against Bitcoins on bmybit.com; and via the exchanges that will list the token.







    • Token Sale + bonuses













    The BMYC token is a utility token. BMYC tokens are not securities and are not an investment. To ensure compliance with anti-money laundering (AML) policies, Know Your Client (KYC) procedure will be implemented.


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    BitBull13
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    October 30, 2017, 02:17:21 PM
     #2

    Which is the minimum amount of Bitcoin that I can invest? And the maximum?   Huh
    Skoppola
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    October 30, 2017, 02:19:41 PM
     #3

    How the trade system do a trading?
    It's automatically buy/sell? And directly do an action on our bittrex account?
    Why need our 2FA, which it's the one of important key to login into our account?
    DKREBEL86
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    October 30, 2017, 02:25:34 PM
     #4

    Which is the minimum amount of Bitcoin that I can invest? And the maximum?   Huh
    Hello,

    the limits depend from your exchange. Each provider allows trading with different parameters. We will add this figure on the website ASAP. Currently, the system simply tells you if you cannot start a strategy because of insufficient funds.

    Upper limits are usually related to your verification level. Each exchange allows you to trade up to a certain amount depending by your ID verification level.

    DKREBEL86
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    October 30, 2017, 02:29:56 PM
     #5

    How the trade system do a trading?
    It's automatically buy/sell? And directly do an action on our bittrex account?
    Why need our 2FA, which it's the one of important key to login into our account?
    The explanation is well exposed in the main post of the thread.

    BmyBit allows 3 different strategies that run in different ways. The strategy that you can currently start is the Static one. The static strategy automatically buy and sell according to your expectations of profits and risk level.

    You can choose whether to activate the 2FA or not. As you will share your API keys with us, we would like you to activate the 2FA in order of keeping your information safe. 

    DracoMal87
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    October 30, 2017, 02:46:18 PM
     #6

    Would like to see your automated trading system in action live. Can you provide some demo accounts to check how it works ?  Cool
    Also, a video walkthrough of your system making profits on automation would be a good option to show how it works.
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    October 30, 2017, 03:01:11 PM
     #7

    Where links website on your project dev? I did not see it on the main page. I want to know how performance your project. seems very interesting if following the progress of this project. all right. hope success.

    DKREBEL86
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    October 30, 2017, 03:04:27 PM
     #8

    Where links website on your project dev? I did not see it on the main page. I want to know how performance your project. seems very interesting if following the progress of this project. all right. hope success.
    Hello,

    the link is on top, just below the title. But you can access it from here bmybit.com

    You can check our performances thorough bmybit.com/leaderboard (you need to have an account). In the leaderboard page you will find the P&L of our users.

    I wish you a profitable day! BTC

    DKREBEL86
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    October 30, 2017, 03:06:18 PM
     #9

    Would like to see your automated trading system in action live. Can you provide some demo accounts to check how it works ?  Cool
    Also, a video walkthrough of your system making profits on automation would be a good option to show how it works.

    Hello!

    Although we are making new videos, you may find our existing tutorials on our YouTube page at https://www.youtube.com/channel/UCB5EJuBSY5wm7jrG41-eK1g

    I hope to seeing you soon on our platform!

    Wish you a profitable day!

    Glundung
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    October 30, 2017, 03:39:21 PM
     #10

    It is amazing, With the use of some kind of robot to do a trading, Well for now i think it will be able to replace some of the existing trading tool or market.

    BitBull13
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    October 30, 2017, 03:41:24 PM
     #11

    Thank you for your reply!
    Also could you please explain to me how it works the lock-in profits level? Huh
    DKREBEL86
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    October 30, 2017, 03:45:16 PM
     #12

    Thank you for your reply!
    Also could you please explain to me how it works the lock-in profits level? Huh
    The lock-in profit level simply teach the system on when to close your strategy. Assuming that you will go for a 10% Lock-in, the strategy will automatically stop when the profits are reached,

    If you are already using our platform you can always send an email to us. One member of the team will be happy to reply to you ASAP! Smiley

    DKREBEL86
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    October 30, 2017, 03:52:04 PM
     #13

    It is amazing, With the use of some kind of robot to do a trading, Well for now i think it will be able to replace some of the existing trading tool or market.
    Thank you for this feedback!

    I wish you a profitable day with us! BTC

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    October 30, 2017, 04:03:24 PM
     #14

    Would like to see your automated trading system in action live. Can you provide some demo accounts to check how it works ?  Cool
    Also, a video walkthrough of your system making profits on automation would be a good option to show how it works.


    Thank you.
    Also, how can I connect my exchanges with your platform?  Undecided
    DKREBEL86
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    October 30, 2017, 04:13:26 PM
     #15

    Would like to see your automated trading system in action live. Can you provide some demo accounts to check how it works ?  Cool
    Also, a video walkthrough of your system making profits on automation would be a good option to show how it works.


    Thank you.
    Also, how can I connect my exchanges with your platform?  Undecided
    Hello,

    you can connect with us by using you API keys from exchanges.

    If you have an account with one of the exchanges that we support, you will be able to put your Keys into the box that represent your exchange from the home page of our website.

    Please share some feedback with us if you can. We are always happy to make the on-boarding process easier!

    gamechain
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    October 30, 2017, 04:37:23 PM
     #16

    How much about the total supply?
    I can't see any detail about the coin.
    if it's basic on the Etherethum Blockchain?
    DKREBEL86
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    October 30, 2017, 04:47:58 PM
     #17

    How much about the total supply?
    I can't see any detail about the coin.
    if it's basic on the Etherethum Blockchain?
    Hello,

    The token in not an ethereum based token but it runs on a unique blockchain created with MultiChain technology. The token belongs to the coloured algorithm.

    The total BMYC issued are 10 Million, and we the initial supply for the ICO will be 3 Million.

    I will post some other updates regarding this topic soon! Smiley

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    October 30, 2017, 05:02:23 PM
     #18

    Very similar to trading robot. I understand correctly that in order to do exchange on exchanges, you need to be registered to them to work through your application?

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    October 30, 2017, 05:08:20 PM
     #19

    Why one will want to go through this process when in presence of Shapeshift and Changelly these things can be done hassle free way. I may be missing some part to understand that's why my question is this regard to understand it better way. I hope you will indicate the advantages for people like me to have idea about this system you are going introduce.

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    October 30, 2017, 05:10:27 PM
     #20

    How much about the total supply?
    I can't see any detail about the coin.
    if it's basic on the Etherethum Blockchain?
    Hello,

    The token in not an ethereum based token but it runs on a unique blockchain created with MultiChain technology. The token belongs to the coloured algorithm.

    The total BMYC issued are 10 Million, and we the initial supply for the ICO will be 3 Million.

    I will post some other updates regarding this topic soon! Smiley
    ok ,I had reserved this thread,and I would follow your project.
    if you need the Chinese translation,I can finished it Wink
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