UpBots Announces KuCoin Listing and $25,000 Trading Contest

UpBots represents a highly ambitious project, aiming to create a fully-fledged ecosystem for the modern trader. In doing so, beginners and advanced cryptocurrency traders will no longer have to rely on multiple and often unreliable platforms to fulfill their needs. 

An Overview of UBXT Use Cases

After launching a state-of-the-art staking program promising a huge annual percentage return (APR), UpBots’ UBXT tokens have now been listed on KuCoin. These tokens are likely to grow in value, as they hold three different use cases. Firstly, UBXT tokens can be utilized to participate in the lucrative staking program promising a 25% APR besides a series of other rewards. UBXT tokens are also great for speculative purposes since their value is bound to increase as UpBots prepares to launch its trading interface. Lastly, traders will be able to use the tokens as a payment method for in-platform services. 

Announcing the UpBots KuCoin Trading Competition

UpBots has recently announced the upcoming commencement of a rewarding trading competition. At this time, the prize pool consists of 2.5M UBXT tokens, which is roughly equal to $25,000. The details will be announced on the 23rd of November, whereas the competition will kick off a day later. 

To participate, users must hold a valid KuCoin account. 

Exploring the UpBots Service Proposition

UpBots is a Swiss platform that strives to democratize the financial revolution through the means of a blockchain-based trading platform. To achieve this goal, the startup is building multiple tools that are suitable for both novice and experienced traders. 

With this in mind, UpBots users should expect the ability to trade on both centralized and decentralized cryptocurrency exchanges via a set of powerful tools built within a simple, yet beautiful interface. As the name suggests, UpBots will feature several advanced trading algorithms. By deploying these bots, traders can save considerable time while gaining profits. The algorithms can also be customized to better fulfill user needs. Furthermore, bot developers are given access to a marketplace through which they can rent out their bots. Passive income is therefore easily attained. 

Beginners will most certainly come to appreciate UpBots’ social copy-trading feature alongside the signals marketplace. An all-encompassing trading knowledge base will help train new traders, while allowing them to grow at their own pace. Extensive decision support tools are also provided to ensure that traders only make smart transactions. 

Last but not least, DeFi enthusiasts are free to use UpBots to stake, lend and borrow digital assets from a myriad of next-gen protocols.