Shrimpy, one of the largest automated portfolio management platforms, is encouraging crypto investors to leverage its trading automation capabilities. The platform has introduced a wide array of automated trading features designed to help cryptocurrency investors spend less time on managing trades and portfolios.
According to Shrimpy, using their automated trading feature is a good way to improve trading efficiency and overall investing outcome. In addition, the platform has different packages to help investors access the service.
Shrimpy Invites Traders to Join Their Platform
Today, Shrimpy is inviting investors to leverage the platform’s automated trading features. The platform, launched in 2018, has been upgrading its systems and introducing new features to make trades completely automated, minimizing the time users spend managing their portfolio.
And for those who are not keen to trade themselves, Shrimpy offers an exciting social trading feature that allows rookie users to copy strategies from experienced investing veterans.
However, Shrimpy's social trading feature is coming with a collection of automated tools. According to Shrimpy, the investors will benefit from trading and earning incomes passively.
Shrimpy Announces Several Automated Trading Features
As the platform invites investors to trade on their system, Shrimpy also announces several of its top automated trading features. According to their website, Shrimpy combines portfolio rebalancing, indexes, portfolio stop loss, and DCA to ensure the trader spends less time trading.
In social trading, the market leader who has expertise in trading will change their portfolio to profit. The portfolio rebalancing tool automatically adjusts the investor's portfolio once the leader makes any changes. After the adjustments, you can make gains similar to those of a market leader. Hence, the portfolio rebalancing tool is Shrimpy's primary social trading automation feature.
Shrimpy is also offering investors an index trading feature. This automated feature helps investors index the crypto market. It buys and sells assets on your favorite exchanges and helps you create an index of your choice.
According to their blog, the most exciting thing about their indexes is that you can choose several assets to fit your indexes without any limits. This indexing feature is another one that Shrimpy encourages crypto traders to leverage.
Another automated tool Shrimpy has developed for investors is the portfolio stop loss. Portfolio stop loss is a feature that will help you limit your losses when trading on Shrimpy. Especially when passively social trading, there is a high chance that the leader could make mistakes. But according to Shrimpy, the stop loss will aid the investors to cut down their losses if a certain threshold is crossed.
Finally, Shrimpy completes its auto-trading feature with dollar-cost averaging. DCA involves purchasing a particular asset periodically to reduce the impact of volatility. Shrimpy automates DCA trading making things easy for investors.
Get a Shrimpy Package
Of course, to use any of the services mentioned above, you must register with Shrimpy. Shrimpy announced several packages available for each investor. According to their website, you can take either of the following three packages: Starter, Professional, and Enterprise. Depending on your needs, you can get one of those three packages and work with them for your automated trading systems.