All About BTC, LTC, ETH mining as well as other alternative crypto currencies
Tradewave, a cloud-based trading platform using automated trading bots that you can create and customize has launched a live trading option as previously users were able to only create and backtest strategies (our brief check of the service). Tradewave is very similar in concept to the Cryptotrader service that we have reviewed already, however there are quite a lot of differences between the two. Tradewave uses Python for writing the trading bot code directly in the browser and then the bot runs in the cloud doing the trading for you, so you don’t need to worry about downtime or have to leave your computer on and connected to the Internet all of the time. The service offers free functionality for creating bots and backtesting them, but in order to get access to live trading functionality you will need to upgrade your account for $19.99 USD a month ($10 USD a month at Cryptotrader for the cheapest live trading plan). At the moment Tradewave offers live trading support at the following crypto currency exchanges: Kraken, Bitstam, BTCe and Bitfinex, however the services does support only the primary BTC and LTC for USD/EUR trading pairs and not all crypto currencies supported by some of the exchanges.
Today the BTC-E crypto currency exchange, one of the top exchanges, has announced the option to withdraw funds to VISA and MasterCard cards, regardless of the issuer of the card or the currency. There is a 5% fee associated with the service to transfer funds from the exchange to your card and currently only USD can be withdrawn. If the card is not in USD the issuing bank will automatically convert to the card’s currency based on its exchange rate. It should take 2-4 business days for the funds to be available in the card according to the exchange. Note that only Visa and MasterCard credit cards are supported, the debit cards with Maestro or VISA Electron logos are not supported by the new payout system. We have not yet tested the service, but we do plan to check it out as it offers another convenient way to get cash from selling Bitcoins or other alternative crypto currencies if the amount is not very big.
A new version of the Haasonline Automated Trading Bot software was released along with an update for the trading platform for existing users. The new Beginner Trade Bot is a bit more limited compared to the Simple and Advanced versions of the trading software, but also comes at a much affordable price, making it ideal for people that want to try it out first without having to invest a lot in the software for the more expensive licenses. And the good news is that you can upgrade at a later time to the other two versions by paying for the difference, so if you like the results and need more features you can upgrade, if not you would not have paid up to 0.9 BTC to see that this software is not for you. The price for a license for the Beginner Trade Bot is 0.25 BTC and you can get 5% discount if you add the coupon code “5off” (without the quotes) on checkout. Note that the promo code for the discount can also be used for the other two versions of the software, not only for the Beginner license.
The update to the software that existing users have received brought some new features and improvements, but due to changes in how user settings are stored in the new version after upgrading the trade bot configuration and the exchange API keys will be lost and yo will need to set them again and that can be a bit of a bother, especially if you have configured a lot of bots already with different settings. On the other hand there are some useful improvements in the new version along with new indicators, better options for selecting the trading amount that the bot can operate with and more advanced check if the set orders have executed or not. With the older version we had a few cases when an order is sent to an exchange such as Cryptsy and not getting executed for a while without getting removed due to a timeout, so hopefully the new update will fix these problems. We are currently testing the automated trading bot on LTC/BTC trading to see how good it will perform in the current market situation with the Litecoin prices going up and so far we are seeing good results getting some profit from our automated trades.