Mercor Launches Pioneering Decentralized Copy Trading Platform

Mercor Finance is a decentralized automated trading platform pioneering a new approach to algorithmic trading, with a focus on equipping amateur investors with decentralized tools normally only accessible to institutions of scale. The platform available allows users to invest their money using predefined automated strategies, monitoring performance through an easy-to-use platform dashboard.

Automation brings several benefits to the world of investing. Algorithms work 24/7 and are faster and more reliable than humans could ever be, allowing investors to spend less time monitoring charts while earning a higher level of passive income. In addition, automated strategies remove the main error factor in investing, which is emotion. This is particularly emphasized when investing in crypto assets, where emotional expressions such as “fear of missing out” and “fear, uncertainty and doubt” impair healthy decision-making.

Participating developers can also easily create strategies independently or at the request of users using Mercor’s python package and other various developer tools. Similar tools were previously only available to institutional investors with the capital to invest in technological innovation.

Speaking of launch, Mercor’s Director said:

“Over the past year, we have worked tirelessly to build the best decentralized financial algorithmic copy trading platform. With the introduction of our new multi-token algorithms, we are confident that we have created the most advanced and unique DeFi platform. The future for Mercor is extremely exciting, with so many new features and partnerships.”

Recently Mercor Finance also has: partnered with automated trading pioneer, boost alpha, a specialist in developing high-quality artificial intelligence-based trading strategies. Follow the team attend To boost Alpha’s headquarters, Mercor is confident the partnership will contribute significantly to its mission to bring the latest technology to the world of automated commerce.

Towards algorithmic copy trading via DeFi

Mercor’s platform has been in development for over a year. During this period, the team has achieved several milestones, including the launch and proof of concept of a beta platform and refining the developer-investor interaction.

In addition, Mercor’s API access and python package sets it apart from other similar platforms. It allows developers to write in an environment they are comfortable with, shortening the learning curve for interacting with the platform. Consequently, this creates the ideal environment for investors who have access to expert developers to create hyper-customizable trading strategies. Normally this is only available to investors with scale.

In terms of decentralization, Mercor’s platform combines the benefits of DeFi and development with automated trading. Users can purchase Mercor’s native token, MRCR, and deploy it to get instant strike rewards and access higher levels of functionality provided by the Mercor platform.

MRCR is native to Binance Smart Chain (BSC) and is available to buy with BNB or BUSD.

Finally, Mercor developers have the ability to create multi-token pair algorithms, essentially enabling developer-created indices. Diversification is the first method to reduce the risks of investment portfolios. Multi-asset pair algorithms not only create diversified indices, but they also enable dynamic monitoring and adjustment, meaning user portfolios automatically respond to market conditions. This gives Mercor an edge in algorithmic trading.

The MRCR token is available on both decentralized and centralized exchanges, including PancakeSwap and Bitmart. Read more about MRCR utility

About Mercor

Mercor Finance is a decentralized automated copy trading platform with the aim of democratizing the world of algorithmic trading. Users and developers can invest in and create custom trading algorithms and track their performance through the platform’s user-centric dashboards.

The team has also worked hard to partner with investors and development teams, with companies such as BlockBank, Ramp, GD10 Ventures, Flourishing AI, Darkpool, and Modefi partnering with Mercor and developers such as Boosting Alpha, Bot Capital, Moonquant Capital, and LX Trading. are actively developing on the platform.

Mercor’s vision is to provide any investor or developer with the tools necessary to compete with the influx of institutional investors in the crypto asset space. Given its development and platform features, Mercor is well on its way to making this vision a reality.

Visit their website to learn more about how Mercor Finance is pioneering the algorithmic trading space in the cryptocurrency world.

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Media contact information

Contact email: [email protected]

MERCOR FINANCE is the source of this content. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Disclaimer: This is a paid post and should not be treated as news/advice.

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