Hello and welcome! If you found your way here you are probably curious what CryptoAMS is and what we do. Lets start with who we are:
Crypto Asset Management Services (CryptoAMS) was founded with the idea of leveling the playing field in the crypto market and allowing anyone, regardless of technical skill, to have access to an autonomous crypto trading bot.
One of the truly unique things about crypto is that the transaction data on a blockchain is publicly available by default. Anytime someone transfers any crypto from one wallet address to another, the transaction has to be confirmed on the blockchain, and that data is accessible to anyone with an internet connection. You don’t get to know who owns the wallet addresses, but you do get to see the data about the transaction.
Crypto is both completely anonymous while also being completely open and transparent at the same time. It’s quite the dichotomy!
In our last story we discussed how our innovative crypto-trading bot, Otto, works and how we offer an autonomous crypto-trading bot accessible without technical know-how. In this post, we will illuminate another innovative element of the CryptoAMS service — the billing currency.
Many of you have undoubtedly heard of cryptocurrencies like Bitcoin, Ether, and maybe even Dogecoin. There are thousands of tokens out there and some of them have a utility, and some of them don’t (like, Dogecoin). We created our own utility token for our service called Ameribucks. Ameribucks is the only token accepted by Otto for automated trades.
Otto is a cloud-based, fully autonomous crypto-trading bot created and hosted by CryptoAMS. 24 Hours a day, Otto scans a list of over 40 cryptocurrencies for the perfect buying opportunity.
Once identified, Otto will purchase X% of your Total Current Value (TCV) of a cryptocurrency. Otto will then hold on to that cryptocurrency until the right sell opportunity presents itself, then it sells it back into USDT with a profit goal of 1%. Otto repeats this as often as possible throughout the day and usually completes around 50 trades on a good day.