SimonsChain uses quantitative strategies to leverage digital currency asset management and create the first smart investment advisory application in the cryptocurrency circle

In 2017, digital currency and blockchain gradually entered the public eye. The price of Bitcoin hit a new high this year, exceeding 30,000 yuan per coin. The myth of wealth creation in the digital currency industry is attracting more and more attention.

The current situation beneath the hot appearance is that due to the "get-rich-quick effect" created by the digital currency industry in a short period of time , a large number of non-professional investors have poured in crazily, while there are very few traders who truly understand finance. This has led to blindly investing in projects and buying currencies, and the norm of making random trades based on random news, making them the meat on the chopping board of the bookmakers.

At present, the entire digital currency market is still in its early stages of development and is also moving towards standardization and specialization. In the ecological landscape of digital currency and blockchain, there are already many ecological co-builders in exchanges and issuing institutions, but the only thing missing is asset management service providers. SimonsChain strives to improve the entire currency circle ecology from this perspective.

SimonsChain is an innovative team established in May. Most of its founding members come from traditional financial fields and first-tier digital currency exchanges. They entered the digital currency field and used quantitative strategies to leverage the market. It is also the first on-chain application of the well-known domestic public chain Achain.

Recently, SimonsChain launched the first digital currency smart investment advisory product based on WeChat - Arbitrage Bao

Arbitrage Bao can monitor the prices of multiple mainstream digital currency exchanges at the same time. After being processed by the algorithm model, it forms the fair price at the current moment to ensure the effectiveness of price deviation judgment. When the corresponding currency of the exchange in question has an appropriate price deviation, Arbitrage Bao will push buy or sell suggestions in real time. Follow the pushed buy or sell suggestions to complete the actual buying and selling operations and obtain price difference profits.

Some screenshots of the product were circulated in the internal testing group. From the perspective of functions, there are several parts:

Monitor Selection

There is a 3-day free trial period for the first use of Arbitrage Bao . Currently, it supports 4 exchanges and 4 large-cap currencies for selection.

Monitor Home Page

After enabling monitoring, Arbitrage will monitor prices based on the selected exchange and currency, and display them on the homepage.

Information push

It can be seen that Huobi, OK, and JuBi all appeared with prompts and suggestions and generated corresponding profits.

The public account and mobile phone text messages will be pushed as soon as possible, and the transaction will be completed according to the price information pushed to make a profit.

Monitoring details

Click on a certain information reminder to see the corresponding historical monitoring records, which is convenient for tracking

Personal Center

Enter the personal center, which provides some personalized settings, such as turning on /off information push and setting the do not disturb mode at night.

It also has an ETH account and an SMC account. SMC is the pre-sale certificate for the right to use SimonsChain's products. The launch of this product also implements the earlier project planning commitments to users.

According to team members, SimonsChain will soon issue tokens, and the application launch and token issuance work will be carried out simultaneously.

There are not many products that have landed in the digital currency application layer. SimonsChain combines its own advantages to launch digital currency smart investment advisory products, filling a big gap in this field. Of course, the value brought by the product itself is the real foundation for the development of the project. I hope that the SimonsChain team will develop more excellent strategy products to serve users in the future.

Welfare broadcast

SimonsChain’s first digital currency application, [Arbitrage Bao], offers a 3-day free trial.

Add SinonsChain WeChat secretary and remark "arbitrage treasure" to get the opportunity to accumulate product trial period.