3Commas Announcements – Telegram
3Commas Announcements
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🌟 Welcome to the official Telegram channel of 3Commas.

• Our chat: @Community_3Commas
• Other links: linktr.ee/3commas.io
• Support: support@3commas.io
• Russian-speaking chat: @commaschatru

💚 The choice of elite traders since 2017
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📌 Release notes

🔹Email and Telegram Notifications are now supported for Futures Smart Trades.

🔹 Linking Binance Margin accounts can now be performed at the “My Exchanges” page and linking the API created on Binance.com

🔹 Creating Futures Smart Trades has been simplified:
- Available balance and funds used to create trades are now displayed with the selected leverage included;
- Position margin is now indicated, this shows the amount of funds required to open and maintain the margin on the position;
- Maximum Total (Position Size) now displays including leverage.
​​Here’s our digest with the hottest news:

Capitalization: $216 billion
Trading Volume (24h): $151 billion
BTC Dominance: 63.9%
BTC: $7,548 (+6.33%)

🔹In a recent Bloomberg report, analysts cited several factors that could lead to the growth of bitcoin similar to the one in 2017. The main factors supporting growth are: decrease in volatility, increase in futures trading volume, and transition of bitcoin from a risky speculative asset to a digital version of gold.

🔹Market analysis resource Glassnode provided data on the balance growth of investor wallets. According to the data, the holders are adding over 75,000 BTC daily to their positions. This trend indicates that whales are still confident that now is the right time to buy bitcoin and that there is an opportunity for cryptocurrency growth.

🔹Testing on the Digital Yuan started last week, and now large corporations are connecting to take part in the real-world assessment of the currency. It is important to note that Western companies like Starbucks and McDonald’s, are included.

🔹One billion USDT has been printed over the past month, which is equivalent to $40 million per day.

🔹BitMEX exchange continues to lose market share, both in the number of open positions and in the bitcoin futures trading volume. The share of BitMEX in the futures market decreased from 35% in mid-March to 25% in mid-April. It fell from 25% to 20% in terms of trading volume over the same period. Meanwhile, Binance Futures is gaining momentum and becoming the leader in futures trading.

#3C_digest
​​Binance Futures Tournament Results

Dear 3Commas and 3C.Exchange users who participated in the Binance Futures tournament, sadly the tournament has come to an end.

Two teams represented 3Commas throughout the tournament: “3C team” and “3Commas Team”; the total number of participants across both teams exceeded 1300 traders.

According to the results of the tournament, the “3C team” ranked 11th, just a step away from the top ten. We would like to thank the team for participating.

Yet another contest is about to kick off. We will announce the start of the registration process over the e-mail and in our social networks. Stay tuned.
​​New Bybit contest with a 1BTC prize!

We are pleased to inform you that Bybit and 3Commas have launched a new contest for traders.
Leave a request to join the contest and get pleasant bonuses, and a chance to win the grand prize!

Applications are accepted until May 9. The competition will be held from May 9 till May 18.
To win, you need to showcase the highest PnL on the BTC/USD perpetual Bybit contract. The prize pool is 1 BTC!

Bonuses available for every participant:

- free trading bots
- free signals
- $10 trading bonus

Fill out an application

Find prize pool distribution details and more info about the competition here.

Join the Telegram group to stay up to date.
​​Options Trading Strategies

In part one, we talked about what “Options” are and discussed their features on the Binance exchange.

In this article, we will analyze basic options strategies. Each one of these strategies is focused on the use of no more than two different options. Profit and loss may be limited or unlimited, depending on the trader’s goal. The choice of strategy depends on the trader’s analysis predicting price fluctuations of the underlying asset as well.

Read article

#BLOG
​​Here’s our digest with the hottest news:

Capitalization: $228 billion
Trading Volume (24h): $137 billion
BTC Dominance: 63.7%
BTC: $7,925 (+2.13%)


🔹 Binance Exchange has launched its own mining pool. Binance Pool will set its fees at 2.5% on May 31st. Until then the users will benefit from zero commission. The purpose of the pool is to contribute to the development of the global crypto mining industry and extend the miners’ capabilities. The press release states that major miners can contact Binance to receive an extension of the discounted period.

🔹One of the largest manufacturers of mining equipment in China, Ebang International has filed an application with the US Securities Commission (SEC) for an IPO. The mining giant is planning to raise $100M during the initial public offering .

🔹Another Bakkt CEO, Mike Blandina, has stepped down from the post. He will be replaced by David Clifton, vice president of M&A and integration at Bakkt parent company Intercontinental Exchange (ICE).

🔹Bitcoin halving may cause an increase in the number of crypto-billionaires. Forbes experts have come to this conclusion by analyzing the behavior of the asset prior to and after the decrease in the mining reward.

🔹A best-selling author and cryptocurrency expert Andreas Antonopuloc is sure that CBDC, Libra, et al, are no different from traditional money in any way. He also noted that the authorities are “trying to wrap the same pig in a new package and serving it as something revolutionary, something disruptive, and something new.”

#3C_digest
Binance will delist a number of trading pairs due to low liquidity.

The list includes: BTS/ETH, LOOM/BNB, OAX/ETH, ONG/BNB, POWR/BNB, WAVES/TUSD.

The removal will take place tomorrow at 12:00 PM (UTC).
3commas had the 10th largest team in the Binance Futures competition.

We are happy to see traders using our tools, but what we value even more is each one of you supporting us during competitions. Stay with us, as there are many more neat tournaments and new victories to come!
​​The dark side of the halving

Less than two weeks are left before the Bitcoin halving, with many analysts predicting that the asset price will rise to new highs after the anticipated event. Our first article about Bitcoin halving, "Will halving raise the BTC rate to $12,000?" highlighted the main reasons behind a possible growth of Bitcoin.

Today we would like to look at the event from a different perspective and focus on the "dark side" of the halving and identify the main reasons why the price may not surge so high neither before nor after this miner reward cut.

Read article

#BLOG
​​Here’s our digest with the hottest news:

Capitalization: $246 billion
Trading Volume (24h): $204 billion
BTC Dominance: 65.2%
BTC: $8,778 (-5.60%)


🔹Pavel Durov once again postponed the launch of the TON blockchain platform due to the ban by the U.S. court. Investors have a choice between an immediate return of 72% of the amount and a 110% return by April 30, 2021.

🔹London start-up and crypto-derivatives market data provider, Skew, launched the skewTrading platform and raised $5 million in a new round of financing. Skew intends to use the raised capital to expand the engineering team and strengthen the distribution network. The total volume of investments received by the company reached $7 million.

🔹 As per the Whale Alert twitter bot, Tether issued 160 million USDT before the start of the Bitcoin rally.

🔹Binance trading volume has exceeded $16 billion over the past 24 hours, CZ, the CEO noted: “The exchange outshined its own performance during the peak of January 2018”.

🔹BitMex crypto-derivatives exchange has lost approximately 50% of the market over the past six months. Last November, BitMEX accounted for 41.6% of the total interest. Now, this value has fallen to 21%. Most users chose other platforms migrating to ByBit, FTX and Binance Futures.

#3C_digest
We are glad to inform you that the contest for the best review has ended!

You can watch the reviews that won prizes in the post.

Here are the winners!

Desy Andreeva
Abhishek Singh
Victor Triga
Devendra Singh
Timmy

They get a promo code for 30 days of access to the PRO functionality!
We are very pleased to receive positive feedback from you, so we give all other participants a promo code for 10 days of access to the PRO functionality!

Please check your Email to get the prizes!
​​The Next Gold Rush Is to Overtake the Market?

The whole world is quarantined, small and medium-sized businesses are literally demolished, unemployment rates are reaching new highs, and people are running out of money. At the same time, the crypto industry witnessed capital inflow and intensive growth of interest in the first quarter of 2020. This article will concentrate on whether the crypto market can be expected to become the next “Gold Rush” of the modern days.

Read article

#BLOG
​​Here’s our digest with the hottest news:

Capitalization: $250 billion
Trading Volume (24h): $144 billion
BTC Dominance: 66.1%
BTC: $9,029 (+0.18%)


⚡️Six days left until bitcoin halving⚡️

🔹 Mimblewimble protocol testing has kicked off on the Litecoin network. The Mimblewimble protocol aims to improve the privacy, scalability, and functionality of the blockchain.

🔹 The Telegram team sent an updated letter to investors stating that US investors will not be able to stay in the project for another year and expect to return 110% of their investments. The only option available to them is to pick up 72% of the investment.

🔹 Vitalik Buterin said that with the transition to Ethereum 2.0, emission of ETH is going to decrease from 4.7 million to a number in between 100,000 and 2 million ETH a year. Most likely, issuance will be significantly lower than 2 million ETH.


#3C_digest
​​Blockchain scalability trilemma

From a technical point of view, creating a centralized network that supports transactional scalability is a no-brainer. This has already been done by PayPal, Visa, MasterCard, and many others. Building a system that offers its users an optimal combination of scalability, decentralization, and security is a non-trivial task. Vitalik Buterin was the first to outline the scalability trilemma. The problem is that blockchain systems can only excel at two of the following three properties: decentralization, security, and scalability.

In this article, we will dive into this issue and have a look at the solutions that exist today.

Read Article

#BLOG
​​Here’s our digest with the hottest news:

Capitalization: $264 billion
Trading Volume (24h): $197 billion
BTC Dominance: 67.8%
BTC: $9,773 (+5.20%)

🔹Open interest for bitcoin on the CME futures exchange set a historical maximum of $400 million. One of the analysts claims that open interest is net short and betting on a price decline.

🔹IntoTheBlock analysts’ latest report revealed data on Tether addresses. According to the report, 115 addresses control 56% of the total Tether supply. Moreover, 28.89% of the coins are stored on nine addresses, while 106 large-scale enterprises hold 27.11%.

🔹The independent TON community has launched its own version of the blockchain. The Free TON community, which consists of software developers, validators, and users, announced the launch of its own blockchain on Thursday. The network is based on the original code but uses its own tokens, which will be distributed among users.

🔹The largest manufacturer of mining equipment Bitmain has confirmed problems with the new Antminer S17 units. After numerous customer complaints, Bitmain confirmed that the new Antminer S17 series ASICs have problems and said they would take “all necessary measures” to fix them.

#3C_digest
Binance will delist a number of trading pairs due to low liquidity.

The list includes: AMB/ETH, APPC/ETH, AST/ETH, BAT/TUSD, BCPT/ETH, INS/ETH, NEO/PAX, NXS/ETH, QTUM/BNB, STRAT/BNB, SYS/ETH, TFUEL/BNB, XEM/BNB.

The removal will take place tomorrow at 12:00 PM (UTC).
Last chance to register for the trading competition!

Dear 3Commas users, registration for the joint Bybit and 3commas tournament will be closed tomorrow. The competition will be held from May 14 to May 23.
To win, you need to achieve the highest PnL from all competitors on the BTCUSD Inverse Perpetual contract on Bybit (not USDT Perpetual contract).

Follow the instructions to complete the registration:

Step 1. Fill out the participation application. This is necessary to receive a trading bonus successfully.

Step 2. Please proceed to the contest page in order to register. To complete registration, deposit 0.02 BTC into your account.

Bonuses for the participants:

- free trading bots;
- free signals;
- $10 trading bonus.

Fill out an application
​​Here’s our digest with the hottest news:

Capitalization: $243 billion
Trading Volume (24h): $132 billion
BTC Dominance: 67.2%
BTC: $8,907 (+2.27%)


🔹 Binance will launch Binance Leveraged Tokens (BLVT) and simultaneously list the first pair of leveraged tokens, BTCUP and BTCDOWN, which are similar to the controversial and recently delisted FTX tokens. The listing is scheduled for 2020/05/14 at 10:00 AM (UTC)

🔹 Nuriel Roubini called Bitcoin a scam based on its recent 15% drop over 7 minutes. The economist added that this type of wanton crashes is a sign of a manipulated market.

🔹 Cryptocurrency derivatives exchange ErisX announced the launch of physically settled Ether (ETH) futures contracts, a first-of-its-kind debut in the U.S. Users can trade the contracts starting May 11th. Contracts are based on ETH-USD with monthly and quarterly expiration dates.

🔹 Researchers at an analytics company Glassnode have provided growth statistics for bitcoin wallets. The number of bitcoin addresses holding less than 1 BTC has doubled over the past four years, while the addresses with over 1000 BTC gained 13.2%.

#3C_digest
Learn how to trade better

Improve your trading skills with our academy. Two updated courses are available for you, we hope you find them useful:

15 Minutes to Financial Freedom

This course covers all the main functions of 3Commas: Smart Trade, Buy/Sell functions, Split Targets, Trailing Take Profit and Stop Loss. It includes trading techniques from the basics of trading with bots to trading psychology. Suitable for both beginners and advanced users, including ones who want to learn as quickly as possible.

Account builders

The goal of the course is to teach the techniques of increasing the size of your trading account. You will learn how to quickly configure 3Commas and start trading, as well as learn three effective methods of building your account.

Read more
📌 Release notes s_43

🔹Stop-loss timeout is now available for trading futures with Smart Trade. What is a Stop Loss Timeout?

🔹We added a PNL (%ROE) status message to the “Profit/Loss” section on deal status displays in Smart Trade terminal (future trading): %ROE - profit and loss on this contract, and return on equity percentage.

🔹Information on funds locked on smart trades is now displayed when you hover over the blue balance on the Smart Trade terminal screen when a Futures exchange is selected.

🔹The “Favorite exchanges” function has been added. Now selected exchanges are shown at the top of the exchanges list.
​​Atomic Swaps

The process of exchanging cryptocurrencies on exchanges and other specialized platforms can still be quite time-consuming and often involves high commissions. In addition, not all exchanges support the necessary coins or the necessary trading pairs. As a result, a trader who wants to exchange one cryptocurrency for another is faced with the need for additional conversions.

In this article we will elaborate on how the atomic swap technology solves these problems and eliminates the need for trusting a third-party.

Read article

#BLOG