BmyBit Automated Trading across multiple exchanges

[DKREBEL86]

Hi, will terminating a strategy automatically remove orders from the exchange?

Yes, it will 

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[BitBull13]

Hello! I saw you released Yobit. What's the minimum amount I can invest on it?

Hello,

The minimum amount on YoBit is 0.007 BTC equivalent.

Ok thanks. My unlimited strategies for life, are also valid for Yobbit, right?

[DKREBEL86]

Hello! I saw you released Yobit. What's the minimum amount I can invest on it?

Hello,

The minimum amount on YoBit is 0.007 BTC equivalent.

Ok thanks. My unlimited strategies for life, are also valid for Yobbit, right?

Yes, they are unlimited with all the exchanges we will release

[DracoMal87]

Hi, will terminating a strategy automatically remove orders from the exchange?

Yes, it will 

Thanks! Also, how can I send my money to another account? I can't see any withdraw option.

[BitBull13]

Hello! I saw you released Yobit. What's the minimum amount I can invest on it?

Hello,

The minimum amount on YoBit is 0.007 BTC equivalent.

Ok thanks. My unlimited strategies for life, are also valid for Yobbit, right?

Yes, they are unlimited with all the exchanges we will release

But why should I buy a pack if I have unlimited strategies for life?

[DKREBEL86]

Hello! I saw you released Yobit. What's the minimum amount I can invest on it?

Hello,

The minimum amount on YoBit is 0.007 BTC equivalent.

Ok thanks. My unlimited strategies for life, are also valid for Yobbit, right?

Yes, they are unlimited with all the exchanges we will release

But why should I buy a pack if I have unlimited strategies for life?

Well, in this case you don’t have to... unless you want to increase the number of strategies that you can run simultaneously. If you have any other doubts, please contact us via email so we can be more specific with your account.

[halle889]

what do you exactly mean by not holding funds? there is also no deposit but there are fees, so what's the difference? how does it work from after connecting bittrex or other exchange?

We don’t hold funds because we trade via your API keys. We don’t ask for fees, but we sell plans for trading with our automations. You just need
To go to PATS after you have established the connection via APIs, choose a pair and start trading

got it. I can see that you're about to introduce a dynamic strategy, which is an improved version of the static strategy. is it going to replace it at some point since it is 'improved'? 

Hello! Good question.

No, it is not going to replace the static but simply add value to PATS. Many of our users want to keep a bigger control on their strategies, therefore they prefer the static one.

so it will be more effective but there will be more risk involved?

actually, is not going to determine a major level of risk. The risk will be working same way as the static strategy.

are there any minimum amounts that can be invested in a strategy?

[DKREBEL86]

what do you exactly mean by not holding funds? there is also no deposit but there are fees, so what's the difference? how does it work from after connecting bittrex or other exchange?

We don’t hold funds because we trade via your API keys. We don’t ask for fees, but we sell plans for trading with our automations. You just need
To go to PATS after you have established the connection via APIs, choose a pair and start trading

got it. I can see that you're about to introduce a dynamic strategy, which is an improved version of the static strategy. is it going to replace it at some point since it is 'improved'? 

Hello! Good question.

No, it is not going to replace the static but simply add value to PATS. Many of our users want to keep a bigger control on their strategies, therefore they prefer the static one.

so it will be more effective but there will be more risk involved?

actually, is not going to determine a major level of risk. The risk will be working same way as the static strategy.

are there any minimum amounts that can be invested in a strategy?

Yes, depending by the exchange you’re using there will be a minimum amount required. For instance, Bittrex minimum amount is 0.007 BTC

[DracoMal87]

Hello! When are you going to release the Dynamic strategy?

[BitBull13]

Hi, can you explain to me how the leaderboard works?

[DKREBEL86]

Hello! When are you going to release the Dynamic strategy?

Dynamic strategy differ from the static because it follows the waves. It can be considered as an advanced algorithm to use when entering in a long position with a pair. We are working to release it before the end of December

[DKREBEL86]

Hi, can you explain to me how the leaderboard works?

leaderboard calculates the weighted average profits from the strategies of users

[herome2]

Dynamic trading strategy is an improved version of the standard trading strategy, which is a trading platform? Or a trading software?

[DKREBEL86]

Dynamic trading strategy is an improved version of the standard trading strategy, which is a trading platform? Or a trading software?

we do not have a "standard" trading strategy. We provide a Static strategy. We are an Automated trading platform bmybit.com

[halle889]

is it possible to disconnect an exchange, for example bittrex after connecting it with API keys?

[DKREBEL86]

is it possible to disconnect an exchange, for example bittrex after connecting it with API keys?

You can modify and deactivate the APIs from your exchange, but not from BmyBit.

[Qunenin]

I know that the dev teams and those are there to make a profit and I appreciate that. But I think that lower fees would get you guys a lot more action. I have my own written code that trades, but I think that those that need a service like this are not prepared to drop ATM $600 to take a chance on using another persons method of trading.

[FIFA worldcup]

By December that could be as much as $1000 or more, although I think $700 is a better guess.
At a lower price I think that you will grab those new traders coming in the door.

[DKREBEL86]

I know that the dev teams and those are there to make a profit and I appreciate that. But I think that lower fees would get you guys a lot more action. I have my own written code that trades, but I think that those that need a service like this are not prepared to drop ATM $600 to take a chance on using another persons method of trading.

it is not about profits. We want to scale and grow, therefore we are not taking profits in our early stage.

In fact, even if there are costs that must be covered for the ongoing of the business, our services cost 50% less than our competitors.
 

[DKREBEL86]

By December that could be as much as $1000 or more, although I think $700 is a better guess.
At a lower price I think that you will grab those new traders coming in the door.

we have introduced a monthly package that cost less than this BTC