🗣 This week in crypto

Let's discuss recent crypto industry updates:

🟢Bybit announced it is stopping trading services in France and closing its services to the region in August. All open positions will be liquidated by August 13, 2024.

🟢Slovenia launched the first digital bond in the EU. The bond was issued and placed by BNP ( Banque Nationale de Paris) Paribas, with a nominal size of 30M euros ($32.5M), a 3.65% coupon and maturity date of Nov. 25, 2024.

🟢BlackRock's United States Dollar Institutional Digital Liquidity Fund (BUIDL), has reportedly paid out $7M in dividends since its launch in March, 2024.

Why does it matter? There is a healthy interest in asset tokenizations onchain and investors are getting dividends, a system which can potentially increase funds inflow into the sector.

🔗 Read More

#3commas #TradingBots #CryptoNews #Web3 #Bitcoin

🚀ATTN: 3Commas DCA Bot users! We're rolling out the Native Stop Loss feature to help you manage your trades more effectively and reduce slippage

Here's how it works:
🟢Instant Setup: As soon as a deal is opened, a Stop Loss native trade is created immediately. This is a conditional market order, which will automatically trigger when your Stop Loss price is hit.

🟢Automatic Execution: The Native Stop Loss is handled directly by the market, ensuring that your assets are sold closer to your preferred price, even during fast market movements.

🟢Post-Sale Check: After the Stop Loss is triggered and executed, the system ensures all assets are sold. If anything remains, additional market orders are created to sell the rest.

Supported Markets:
Initially, this feature is available for:
- Binance Futures (USDT-M & COIN-M)
- Bybit Perpetuals (USDT & Inverse)
- Gate io Perpetuals (USDT & BTC)
- Crypto com Perpetuals

⚠️ Note: If you're using trailing stop loss or a stop loss timer, Native Stop Losses won’t apply.

This feature helps minimize price slippage, so you can potentially sell your assets at better prices, making your trading experience smoother and more efficient. Get ready to take your trading to the next level with 3Commas ⬆️

#CryptoTrading #DCA #3Commas #StopLoss #TradingBots

👀 Retail stock trading platforms experience (in)convenient outages for customers

Reuters confirms earlier reports on X that multiple retail stock trading platforms are experiencing mysterious outages during the ongoing market bloodbath, eerily reminiscent of Robinhood suspending trading during the big GameStop short squeeze of 2021. You all remember how that played out: https://en.wikipedia.org/wiki/GameStop_short_squeeze

We just wanted to point out that even though crypto is taking a big hit today, the exchanges are still open and your bots are still working, because the crypto industry believes in letting traders play the hands they’re dealt rather than shutting it down. If you’ve set up contingency bots to trade on downward trending markets, congratulations on successfully implementing your risk hedging strategy. (Hey, let us know in the comments 👇 if you used Signal or DCA Bots to execute your strategy)

🧑‍⚖️ For legal reasons we are not going to speculate on why so many retail trading services experienced outages at the same time. But we welcome your speculation in the comments!

📄 Here’s the article

#Retail #Crypto #TradingBots #3commas #Web3

📣 Updated 3Commas Free Plan is Live 📆

We have made some big changes to our Free plan! Starting today, all Free plan users will have access to the following features:

✨Unlimited Terminal - Trade without limits!
🤖 3 Active SmartTrades - Maximize your deals! (Futures Trading excluded)
📈 1 Signal Bot - Automate your trades effortlessly!
🔄 1 Grid Bot - Enhance your grid trading strategies!
💹 1 DCA Bot (single pair) - Perfect for single-pair trading!

These updates are designed to give new users a strong toolset to learn with before they scale up their bot strategies 🚀 💬

See all 3Commas plans here: https://3commas.io/pricing
Click here to learn more about all available subnoscriptions within 3Commas.

#3Commas #Trading #Crypto #FreePlan #Update

🚀📈 Dive into the Bull Market with The Trading Parrot's Latest Secret Weapon

Looking for some secret sauce to gain an advantage during this cryptocurrency bull market? 🌟 Our ambassador, The Trading Parrot, has just dropped an invaluable video that might be the solution you’re looking for!

Discover their new Ping Pong Bot setup, exclusively available for 3Commas users, designed to turbocharge your crypto trading. 🤖💥This unique setup allows for multiple concurrent deals of the same coin, entering the market at various times based on precise technical indicators 📊

The Trading Parrot takes you through a detailed 24-day journey, showcasing the impressive results for Bitcoin and Ethereum, and dives into the mechanics of alternating strategies to maximize your chances of success. Plus, get insider tips on customizing the bot's settings to match your risk tolerance and strategies for various cryptocurrencies.

Check out the video now and start trading smarter, not harder 🧠

🔗 https://youtu.be/9C682LYZTNo?si=sJkc5IiGU6uWgNn-

#CryptoTrading #PingPongBot #BullMarketStrategies #TheTradingParrot #3Commas

🚀 Hey 3Commas fam! Ready to level up your trading game? 🎯 Check out this awesome tutorial by our brand ambassador, The Wall Street Bull! He breaks down how he uses DCA Bots to crush his goals. 💪 Don’t miss it!

🎬Watch here: https://youtu.be/9w3gRw-rhKw?si=U-J9yKysDRmHtFuN

#3Commas #DCABots #CryptoTrading #TheWallStreetBull

📣 New Signal Bot feature!

Now you can use Webhooks to place Limit Orders with Signal Bot.

👀 Check out this quick video that shows you how the feature works.

🌟 This week in crypto - August 9th, 2024

Let's discuss recent crypto industry updates:

As reported earlier in July, the new Asian bitcoin buyer Metaplanet has acquired a total of 203.7 bitcoin. Metaplanet is looking to buy more Bitcoin after getting a $6.8M loan.

Around $22.8 billion worth, or 404,448 BTC, has moved to permanent holder addresses over the past 30 days according to Crypto Quant data.

Russia: A new crypto mining law will take effect in November 2024. Crypto mining firms in Russia will be allowed to register through a state database to mine crypto.

The crypto ETP fund issuer Valour has signed a memorandum of understanding with the Nairobi Securities Exchange (NSE) and financial instrument issuance platform SovFi on issuing and trading digital asset exchange-traded products (ETPs) on the NSE in Kenya.

Read More: https://3commas.io/blog/3commas-weekly-crypto-industry-updates-august-9th-2024

📣 Reminder, 3Commas Users

You still have time to join the Coinbase Advanced API Multi-Portfolio Competition! Trade $100+ via a non-default portfolio by August 31, 2024 to earn $20 in USDC. The $20,000 prize pool is still up for grabs!

🔗 Sign up here: http://coinbase-consumer.sjv.io/eKE3GD

Terms and conditions apply 🌟

Read the full details on the Coinbase page: https://help.coinbase.com/en/coinbase/getting-started/getting-started-with-coinbase/new-customer-incentive

📣 Big news for 3Commas users!

We’ve just launched new Signal bot features that give you even more control and flexibility in your trading. 🔧 Now, you can set specific limits on active SmartTrades, manage your investments more effectively, and tailor your strategy to fit your risk tolerance. Ready to optimize your trades and safeguard your investments? Dive into our latest blog article & video to learn more about these powerful updates! 📈💼

📹 Check out how it works: https://www.youtube.com/watch?v=2RMxlTc_9ew

👉 Read more: https://3commas.io/blog/signal-bot-max-number-of-active-smarttrades-per-bot-pair

#CryptoTrading #3Commas #SignalBot #SmartTrades #TradingTools

New DCA Bot feature incoming 🚀

Our latest blog post breaks down an incredible new feature for your DCA bot. Now, you can average out deals not just by % deviations but also with powerful signal-based filters like RSI, Bollinger Bands, MACD, and more!

Want to know how it works? We’ve got step-by-step examples and practical tips on optimizing your deals using averaging signals. Secure your deals and maximize your profits with this game-changing enhancement!

👉 Dive in and learn how to elevate your trading strategy today: https://3commas.io/blog/dca-bot---trigger-safety-orders-with-signals

#CryptoTrading #DCABot #TradingSignals

🗣 This week in crypto - August 16th, 2024

Let's discuss recent crypto industry updates:

🟢Marathon Digital made another Bitcoin buy of 4,144 Bitcoins at an average price of roughly $59,500 worth $249M, bringing its total Bitcoin reserve to 25,000 BTC.

🟢Salary in Dubai; In a recent court ruling at the United Arab Emirates’ Dubai Court of First Instance, the judiciary recognized salary payments in crypto as a valid payment type under employment contracts.

🟢Binance in India; Binance makes an official return to India after registering with India’s Financial Intelligence Unit—FIU-IND. Users can now access the website and download the mobile apps.

🔗Read More: https://3commas.io/blog/3commas-weekly-crypto-industry-updates-august-16th-2024

#Binance #3commas #Trading #BTC #TradingBots

⚙️ Use Stop Loss Breakeven for DCA Bots on 3Commas mobile app!

We’ve just released our latest iteration of our app and it’s got some killer new features you can use to make your bots better and carry out your strategies even when you’re not near your laptop.

Here’s what’s new for iOS and Android:

• Added search functionality for the Grid Bot list. You can search by bot name, pair name, and even by keywords in the notes you’ve added.
• Added Stop Loss Breakeven for DCA bots.
• Enhanced and expanded statistics for DCA bots. Added a separate screen with statistics filtered by bots and accounts of interest.
• Fixed various bugs.

📱 Update your 3Commas app on iOS: https://apps.apple.com/us/app/3commas-crypto-trading-tools/id6446649413

🤖 Get the new version on Android: https://play.google.com/store/apps/details?id=io.threecommas.wallet&hl=en_US

#trading #cryptotrading #tradingbots #mobiletrading

🔗🎯Our users can link multiple exchange accounts simultaneously for ultimate flexibility! 📈Effortlessly trade across 14 top exchanges, managing both Spot and Futures accounts with ease — whether you prefer using bots or manual trading. 🙌🏻

#3Commas #automatedbots #tradingefficiency #cryptoexchange #trading #tools

🧨 Hedge your risks with Stop Loss Breakeven for DCA Bots

This feature works for DCA Bots with Multiple Take Profit levels and is designed to reduce the potential risks when the market starts moving the wrong way.

Watch the video to get a full walk-through of this hot new feature.

🚀 Improve your account security and convenience with Fast Connect for Coinbase Advanced 🚀

Connecting your Coinbase Advanced account to 3Commas is quicker and easier than ever. 🌐💨

Follow these simple steps:
1️⃣ Go to the My Portfolio page and click “Connect a new account.”
2️⃣ Choose Coinbase Advanced from the list of exchanges.
3️⃣ Sign in or create a new Coinbase Advanced account and allow access.

You're all set to automate your trading strategies on Coinbase Advanced with 3Commas! 📈💼

For a detailed step-by-step guide, check out our Help Center article: Link

#CryptoTrading #3Commas #CoinbaseAdvanced #FastConnect

Managing risk and securing advantages are paramount when trading crypto. Advanced stop-loss and take-profit strategies can significantly enhance your trading performance by potentially minimizing losses and maximizing gains.

Difference Between Stop Loss and Take Profit

While a stop loss limits potential losses, a Take Profit order greatly increases the chances that gains are realized before market conditions can reverse.

The Importance of Stop Loss in Crypto Trading

🟢Protecting Your Investment
A well-placed stop loss ensures that you’re not losing more than a predetermined amount, safeguarding your capital from unexpected market swings.

🟢Capitalizing on Market Volatility
By setting strategic stop loss points, traders can leverage crypto market volatility to their advantage, ensuring they exit trades at optimal moments.

🟢Emotional and Psychological Benefits
Trading can be stressful. A stop loss provides peace of mind, knowing there’s a safety mechanism in place.

In this guide, we'll explore several techniques to help you trade smarter and more confidently.

📚 Read more: https://3commas.io/blog/optimizing-your-trades-advanced-stop-loss-and-take

Build your trading strategies with 3Commas! 🌟

#CryptoTrading #3Commas #TradingTools #StressFreeTrading #SmartInvesting

🗣 Let's dive into the recent crypto industry updates:

🟢CZ Release: Records show that authorities have moved former Binance CEO Changpeng “CZ” Zhao to an administrative facility in the Greater Los Angeles area.

🟢Dirham-backed Stablecoin: Tether, the largest operator of stablecoins, has partnered with the UAE’s Phoenix Group and Green Acorn Investments to launch a dirham-backed stablecoin.

🟢Meli Dollar: The new dollar-pegged stablecoin in Brazil was issued through Mercado Libre's financial arm, Mercado Pago. It will be available through Mercado's Pago app.

🟢Hong Kong’s license push: The Securities and Futures Commission (SFC) in Hong Kong has expressed dissatisfaction with the ongoing inspections of crypto exchanges that are waiting to be fully licensed.

Read More: https://3commas.io/blog/3commas-weekly-crypto-industry-updates-august-23-2024

🚨 Dear Traders,

We have been made aware of issues with overall balance and virtual portfolio balance displaying.

Don’t forget you can review the latest status of 3Commas, including our supported exchanges, for planned and unplanned maintenance notifications at: status.3commas.io.