Shrimpy Announces Support for HitBTC
Shrimpy is excited to announce official support for all HitBTC Exchange users! HitBTC users can now use Shrimpy to automate their crypto portfolio strategies. Shrimpy’s trading engine is able to periodically analyze a user’s portfolio and systematically automate trades, ensuring that a user’s desired portfolio and asset ratio is maintained.
HitBTC is one of the world’s most advanced cryptocurrency exchange. Since 2013, HitBTC has been providing markets for Bitcoin, Ethereum, Litecoin, Dogecoin, Monero, USDT, and more than 300 cryptocurrencies in total. HitBTC has earned a reputation for its core matching engine, which offers traders a wide range of features such as real-time clearing and cutting-edge order matching algorithms.
Since Shrimpy’s core indexing feature revolves around rebalancing, Shrimpy is always looking towards low-cost exchanges to ensure that our automated trades incur minimal trading fees for our users. HitBTC is known for having some of the lowest trading fees in the market. While this may seem insignificant at first, trading fees can have a significant impact on a portfolio’s overall performance and return.
HitBTC is also known to offer several fiat-crypto trading pairs. By introducing traditional currency into its ecosystem, HitBTC aims to attract first time traders looking for a simple and easy way to convert their fiat into crypto. HitBTC also does not charge any deposit fees. Withdrawal fees are generally limited to the network fees associated with transferring specific cryptocurrencies.
Shrimpy’s Mission
Shrimpy’s mission in the crypto space is to develop a universal interface for cryptocurrency traders and developers to easily access liquidity pools from exchanges all across the world. Achieving this goals means accelerated exchange integration and scaling infrastructure development to support 3rd-party app developers. Shrimpy now supports a total of 11 exchanges, listed below.
About Shrimpy
Free to use, Shrimpy is a portfolio and tracking application used by cryptocurrency traders looking to automate their portfolio. With Shrimpy, anyone can create a crypto index and implement an automated trading strategy within a matter of minutes. Users can also track their entire crypto portfolio across multiple exchanges and cold storage wallets from a single unified dashboard.
Shrimpy’s Premium features include the following:
- Social: The easiest way to follow other traders, share strategies, and learn about different assets.
- Insights: A complete view of the most popular trends on Shrimpy.
- Backtesting: An analysis and backtesting tool for evaluating crypto indexing strategies.
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Originally published at blog.shrimpy.io.