BitSonar: Legit Bitcoin Trading Bot for Earning Cryptocurrencies?

BitSonar is a digital company registered in Estonia. The company started operations in 2016 as a family office with the aim of investing in cryptocurrency. With more progress onwards, the development team joined BitSonar, which made it able to improve its trading strategies.

With the onboarding of the development team, the company was able to improve its performance and created its first unique trading algorithm that utilized advanced risk-free trading strategies. All the same, it was not enough to satisfy the performance goals of the company.

To reach its goals, the team created a new forecasting method and self-learning neural network that precisely determines the direction of the market and increases the profitability of the fund. Initially, BitSonar had seven employees and an investment pool of $250,000.

What Next for BitSonar?

The company has grown into a mature investment fund, with its algorithms constantly evolving to improve the overall performance of the fund. The company uses pair trading techniques coupled with arbitrage and quantum approaches to trading. When they reached a $5 million private capital threshold, they realized that further sustainable growth of the fund requires an inflow of funds from the public investor round.

Consequently, BitSonar expanded its team working on the main aspects of the fund—risk management and algorithms development—to ensure their investors obtained the highest possible returns for the lowest possible risk level.

Company Products

BitSonar is a quantum cryptocurrency fund. The platform uses complex mathematical models and predictive analytics to forecast the direction of the crypto market. This approach allows them to mitigate nearly any risk while significantly increasing the fund’s returns.

Additionally, BitSonar strictly regulates trades by calculations performed using deep historical analysis.

System Trading: The platform implements the Echofund trading system, which identifies patterns across large volumes of historical data from the mainstream cryptocurrency exchanges. Its algorithms carefully monitor search trends and activity on social networks to predict future market moves.

Trend Analysis: They identify and analyze trends and patterns and use them to form trading hypotheses, which they eventually test over long periods before using them to handle money for the fund and investors.

Instant Response: One of the qualities of the BitSonar trading platform is a quick response. The platform uses unique technologies created by its team to have high-precision trading ideas. By using AI technology, the algorithms are able to react to price signals and market moves in a matter of milliseconds.

Risk Management: BitSonar uses automated risk management to control all requests made by the fund’s robots. Besides, ongoing quantum analysis allows the platform to mitigate all potential risks in their positions and achieve the highest profitability for the lowest risk level.

BitSonar Advantages

BitSonar approach has yielded significant advantages over outdated traditional market analysis as follows:

  • Mitigated risk levels
  • Stable, high profitability and returns
  • Optimization in decision-making processes
  • Increased fund’s performance during periods of abnormal market activity
  • Reduced exposure to “human factor” risks
  • Opportunity to identify market trends and patterns, which traditional markets cannot observe

Currently, BitSonar has 52 employees and an investment pool of $9,363,680. It has also expanded its operations to 13 countries.

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