Rules for Cryptocurrencies
No platform currently offers rules for cryptocurrencies with the casuistry that ICONOMI can have.
Since a rule in ICONOMI can easily be traded with pairs that currently do not exist in the Exchanges or more than one at same time.
For example with Profit-take rule:
If Bitcoin goes up 10% it sells 60% and buys OSMO and sells 40% and buys USDC.
Less experienced users usually have problems creating rules in Exchanges and I think it would be very beneficial for ICONOMI not only because of the gain in Fees if not because it would really be offering an innovative solution to a problem to the general public.
There are two options we are considering for the "take profit" rule - would it be better to have the possibility to sell:
- part or up to 100% of the profit made OR
- 100% of the profit AND also part (or 100%) of the initial investment
your feedback is more than welcome.