We are pleased to announce that the live testing phase is over. Our latest AI crypto trading bot will be available from now. In this article, we take a look at why this is good for you.
How is this different from “another signal service”?
How was it made?
How to make money with it?
Why should you consider using an AI Bot?
The Bulls & Bears AI bot has provided consistent returns so far. Moreover, it does not require any trading experience. Beginners can use it too. It tracks market movements 24 hours a day, every day of the week. It is always ready to catch a good trading opportunity. The Bot needs to be integrated into your own account. So, there can be no risk of you transferring your money somewhere and it will disappear. The Binance crypto exchange takes care of the security of your money. It is the largest and most reliable crypto exchange.
What are the results?
AI Bot has been tested since March 2020. It performed consistently throughout this time. We saw low drawdowns. The biggest decline was in August when the Bot fell from 46% profit to 31%. This process took 3 weeks. After that it started to perform well again and did not stop until 65%. Nobody likes drawdowns, but we must acknowledge that they are inevitable. There is no strategy out there which has 100% accuracy.
At the time of writing, the average monthly return is + 8.08%. Keep in mind that this number is an average. In practice, there was a month when the bot brought over 30% profits. But there was also a month when it only made 3%. This is natural. The goal is always to look at a longer period.
How does it work?
We believe that Artificial Intelligence, along with its subcategory Machine Learning, is going to disrupt the trading industry. This is true for traditional asset classes but even more true for cryptocurrencies which are 100% digital in nature, having huge quantities of data available publicly on the blockchain, and being highly driven by sentiments of the market.
Our usage of AI for cryptocurrencies trading at b-cube.ai takes several dimensions:
1) Use of sentiment analysis, based on social media and news. We absorb these data, store, filter and process them with NLP (Natural Language Processing) in real time in order to evaluate the sentiment of the market about a given cryptocurrency.
2) Use of machine learning to absorb different uncorrelated features and detect patterns in multiple dimensions, which can be related to price and volume.
It uses a built-in risk management method. High, medium, low risk traders are classified into separate classes. The development of the risk management strategy was personally overseen by our CEO Guruprasad Venkatesha. He has perfected his knowledge in this field in 15 years. After a successful exit from his own portfolio management firm, he worked for Morgan Stanley before turning to cryptocurrencies.
How did we create it?
Our start-up was incubated in March 2019 in the program of the French University Centrale Supélec. Thanks to this, we were also able to work with the Paris-Saclay University. This cooperation was essential. We were able to use the university’s quantitative finance lab (the university is ranked number 1 in mathematics worldwide).
Special thanks to Professor Dr. Damien Challet for his help. More than an advisor. A true mentor with exemplary knowledge in the field of quantitative finance. Who used to run his own hedge fund successfully in Switzerland.
How can you start using it?
You will need to have a Binance Futures account.
You need to fund the account with the USDT amount you want the bot to trade. This amount is not subject to a minimum limit. You can start with as much as you want.
You need to integrate the account to B-cube with the API keys. This allows the Bot to only buy and sell, but cannot transfer from your account. API keys are also secure thanks to our encryption process.
If you have it, you need to subscribe to the Bot. The price is € 59 per month. Therefore, you can rent to use it in return.
Don’t worry if something isn’t clear from these. We’ve made several explanatory videos that might help. But feel free to ask our customer service for help.
Who are we?
B-cube.ai is a FinTech startup from Paris. The company is registered in France, but we also have an office in Hungary.
Our addresses:
Incubator of CentraleSupélec
3 Rue Joliot Curie
91190 Gif-sur-Yvette
FRANCE
Incubator of Start IT @ K&H
Győr-Moson-Sopron County Chamber of Commerce and Industry Szent István út 10 / A, Third Floor
Győr 9021
HUNGARY
E-mail: contact@b-cube.ai
Thank you for reading!
DISCLAIMER
Trading cryptocurrencies involves risk. The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the article’s content as such. Author, website or the company associated with them does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions. Lastly, this article is not targeted at French citizens or residents.