Hello Hive community!
If you’ve been following my blog, you might have noticed that I’ve been a bit quiet lately. Rest assured, it’s not because I’ve given up on Hive – quite the opposite! I’ve been deeply immersed in developing a new service platforms centered around the Hive blockchain.
After months of hard work, testing, and refinement, I am thrilled to announce the "Beta" launch of our new Hive trading bot platform https://hive.trading - a keychain based frontend for running our trading bots on the HIVE internal market! This project has been a labor of love, and i'm excited to be here to share the details with you.
The Journey
Our journey began with a simple idea: to create a reliable, automated trading bot that can help users navigate the complexities of the Hive market. Over the past few months, we’ve tackled numerous challenges, from integrating with the Hive blockchain to fine-tuning our trading algorithms. Each step brought us closer to our goal, and today, we are proud to present a robust trading platform ready for the Hive community.
Features of the Hive Trading Bot Platform
Automated Trading: Our bot executes trades automatically based on predefined strategies and market conditions. Users can set their preferences and let the bot handle the rest.
Technical Indicators: We’ve incorporated various technical indicators such as Bollinger Bands, SMA (Simple Moving Average), and RSI (Relative Strength Index) to ensure accurate market analysis and trading decisions.
Trend Analysis: The bot analyzes market trends and makes decisions based on both technical indicators and external trend impact analysis. This ensures a well-rounded approach to trading.
Failsafe Mechanisms: In cases where external services (like AI for trend analysis) are unavailable, our bot defaults to internal trend analysis and signals, ensuring continuous operation without interruptions.
Development Highlights
Integration with Hive Blockchain: One of the core components of our platform is its seamless integration with the Hive blockchain. We’ve ensured that all transactions and market data interactions are handled efficiently and securely.
AI-Enhanced Decision Making: We’ve leveraged the power of AI to enhance our bot’s decision-making capabilities. By analyzing trend impacts and market conditions, the AI provides valuable insights that inform our trading strategies.
Community-Centric Development: Throughout the development process, we kept the Hive community in mind. Your feedback and suggestions have been invaluable, helping us create a platform that meets your needs and expectations.
How Does It Work?
Using our bots is straightforward. Simply log in with Hive Keychain, select a bot, and if you haven't already activated it, you'll be prompted to burn HELIOS tokens to subscribe. For our launch, I've made it very affordable – just 1 HELIOS burn for one whole month of bot use per bot (2 HELIOS for 3 months, and 3 HELIOS for 6 months). This special offer won't last forever, so it's a good idea to sign up as soon as possible. Currently, we have three bots available, with more details provided on our FAQ page.
Once you've successfully burned HELIOS for your bot, you'll be directed to the bot's settings page. Here, you can manage the bot and set the trade amount. Initially, all bots are set to zero, so be sure to update your HIVE and HBD trade sizes to enable the bot to place trades!
Once you have successfully burned HELIOS for your bot you will come to the bot's settings page where you can manage the bot, set the trade amount. Initially all bots are set to zero, so be sure to update your HIVE and HBD trade sizes to enable the bot to place trades!
Launch and Future Plans
We are thrilled to open our platform to the Hive community and eagerly await your feedback and experiences. This is just the beginning. We have plans to continuously improve the bots, introduce new features, and adapt to the ever-evolving market conditions.
Future developments include more bots, such as arbitrage bots, stock trading bots, and bitcoin trading bots. Essentially, any kind of bot can be run, with Hive acting as an intermediary. The sky's the limit, and my plan is to keep building since it's something I'm passionate about.
We also aim to add more login methods beyond Keychain. While we started with Keychain due to its popularity and ease of use, we plan to open the site to other browsers beyond Google Chrome in future updates.
Thank you for your support and patience throughout this journey. Your engagement will be instrumental in bringing this project to life. This is a very new platform, so any feedback will be greatly appreciated. If anyone has a bot they would like to have added to the platform, please let me know in the comments below.
Join us in this exciting venture and experience the power of automated trading on the Hive blockchain!
Follow @coininstant for more!
