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Spent a year and and a half building an algorithmic cryptocurrency trading platform, and we’re launching in closed beta tomorrow

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Spent a year and and a half building an algorithmic cryptocurrency trading platform, and we’re launching in closed beta tomorrow

This is probably the most exciting update that I can give on this project. 6 developers alongside myself have been working on this for about a year and a half now so it makes me very happy to finally write this post. Because we’re a small team, we've been communicating with people closely and worked towards implementing features that users actually want. We named the application AESIR because who doesn't love Norse Mythology. All 7 of us are active on r/cc and it's through this very subreddit that we met and decided to build something together.

Before I go any further, I just want to clarify something - algorithmic trading platforms are not some magical money-printing plug-and play systems, and anyone who claims they are / or are advertising it as such are a complete fraud. Algorithmic trading platforms are simply a series of tools that you use as you see fit. If you're a bad trader / lack a trading strategy and have a tendency to yolo funds without testing a strategy first, a trading algorithm won't magically make you a good trader.

There are multiple reasons why one might want to use an algorithm in order to perform their crypto trading, but the two main reasons are: automating an existing profitable but manual strategy or find new strategies that you would not be able to manually trade. The first tool that we built into AESIR is a great example of the second reason. We want to challenge the way that people trade, and make it easier to employ macro trading strategies. So we built a Volscan Module that allows you to buy any cryptocurrency on your selected exchange that spiked my more than x% in y seconds.

For instance, you could tell AESIR to scan an exchange and buy any coin that gains more than 3% in the last 5 minutes. This goes well beyond the scope of what manual trading can do, as you would never be able to analyse over 1000 trading pairs every 5 minutes. You’d need a lot of coffee for that!

So with this approach to trading, and coming from a small remote team, we are really proud to finally say that we now have an MVP ready for launch in closed beta mode. It’s still quite a way until it makes it to a full release, as now the application will only be open to a few people to allow us to test the main functionalities of the app, and point out multitude of bugs for us to fix.

The Roadmap to Release

  • The most important thing for us now is to closely monitor the closed beta testing process. There will inevitably be a multitude of issues that arise during the beta, so we need to use that we log, catch and fix those before moving forward.
  • The next step for us after Closed Beta will be Load Testing phase where test how well the application can handle a large number of users.
  • After load testing, we need to temporarily close access and deal with all of the issues that have come up during Closed Beta and Load Testing. This could be a matter of a couple of weeks, or longer depending on how many issues come to the surface during the testing period.
  • Finally — one more internal testing phase before release and we will be ready for an Open Beta.

If you want to get involved with the project, we have our own subreddit at: https://www.reddit.com/r/aesirofficial/

Obligatory Sneak Preview

Live monitoring

https://i.redd.it/wqpr5q3215j91.gif

You can monitor each trading strategy using a live monitor, that will show you exactly what happens behind the scenes, in the moments leading up to a buy / sell.

Copy Trading

https://i.redd.it/gq0qfim115j91.gif

Strategy builder

https://i.redd.it/j2kphgzj15j91.gif

So yeah, that's it really. Just excited as we're moving towards releasing this application. Thanks for reading :)

Edit: Since some of you have asked for them, here are the open beta application link and our discord server: https://discord.gg/jmqr7SvXVM https://aesircrypto.com/signup.html

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