KuCoin Exchange Partners With Shrimpy to Automate Crypto Asset Portfolio Management
Shrimpy, which is a portfolio automation tool for crypto recently announced that they would work with KuCoin as a preferred exchange partner. The Shrimpy partnership with KuCoin will focus on offering users automated management of their portfolios using various tools.
The recent developments in the crypto world have had a major effect on the slowed adoption and use of crypto. Despite this downward trends in the market, Shrimpy and KuCoin have chosen to go on with the partnership to offer better investment and portfolio management. Their partnership was much needed in the crypto world since every move is crucial right now.
As part of the celebrations for the partnership between Shrimpy and KuCoin, Shrimpy is hosting trading competitions on a weekly basis. These competitions will start on December 10, 2018, and last up to January 7, 2019. Users should join and use the free portfolio management tools offered by Shrimpy as they trade on the KuCoin exchange. Besides that, users who join Shrimpy and perform rebalances on KuCoin will get access to a free month of Shrimpy Premium.
According to the CEO and Founder of Shrimpy Michael McCarthy, they were quite excited to be launching the partnership with KuCoin. This will make it possible to offer investment management tools to crypto users and traders. He added that he hoped this would help to take crypto to the masses and make crypto investment simple and painless.
Shrimpy is a portfolio management tool that comes as a free app, which lets users automate their portfolio management with a few clicks. With the few clicks, users will set their asset allocation and rebalancing for their crypto assets. Once the strategy has been created, Shrimpy will take care of the management and execute the strategy picked by the user. This way, they are helped to achieve their goals.
The KuCoin global exchange was launched in September 2017. It has its headquarters in Singapore and has offices in Thailand, China, Bulgaria, and the Philippines. It is often called The People’s Exchange. KuCoin wants to offer users a convenient and secure platform where they can trade crypto. It has various features to entice users that include up to 30% discounts on trading fees. Besides that, this global exchange also supports various major languages to ensure ease of use for all.
The exchange recently finished their Series A funding round where they managed to raise $20 million from institutional investors. These were Neo Global Capital, Matrix Partners, and IDG Capital. The exchange, being backed by prominent digital asset investors, wants to ensure that crypto finally reaches the masses.
The Trading Competition Details
Each week, Shrimpy is going to name 5 winners. They will be chosen according to their trading performance. The winner gets $100 while the runners-up all get $25. They will also be getting a free Shrimpy Premium subscription for a month. Anyone else who rebalances his or her KuCoin will also get the premium month.
KuCoin Partners with Shrimpy to Simplify Portfolio Management
— KuCoin Updates (@KuCoinUpdates) December 6, 2018