We are pleased to announce two major updates to the Cryzen and crypto trading community. Cryzen is hosting a crypto algo trading competition and two surprise bounties. More details on how to participate below.
Competition
How do I participate?- Create an algo (using the Cryzen platform — sign up for a free account on cryzen.com) which trades etc_usdt on a daily or minutely time frame; anything goes strategy wise.
- Use the backtester to simulate your algos, deploy live as well (to make sure you are not overfitting and that your algo does not error out on the live market).
- At the end of April 7, 2019 (23:59) UTC time, all algorithms should be submitted via email to [email protected] with the subject line “Algo Trading Competition April 2019 Submission”.
How submissions will be judged:The top 10 algos with respect to backtesting profits over a specific period of time (chosen by our staff, and undisclosed until the end of the competition) will be run on the live markets with $100 USDT for 4 weeks ending May 5 UTC Time.
The algo making the most money over this period (with the highest ending balance) will be deemed the winner. Any algorithm that errors out on or during live deployment will not be restarted, so make sure to test your bot in live trading!
Prizes:1st Place — $1K USD, 50K XEN Token
2nd Place — 30K XEN Token
3rd Place — 20K XEN Token
RSVP:
http://meetu.ps/e/Gw5K0/GKqXw/fNote: remote participation is allowed, to register kindly send an email to
[email protected].
Updates:
- After closing of the competition on April 7th, we will take 1 week to access/determine the top 10 algos as described above. These top 10 algos will then be launched to the live markets on April 14th 23:59 UTC time and will remain live for 4 weeks to May 12th 23:59 UTC time, at which point the bots will be terminated, and the winners determined within 24hrs.
- Your algo must make at least 1 trade (on backtesting over our hidden qualification regime) to qualify to be among the top 10.
- Strategies running on a daily frequency are also allowed.
BOUNTIES
As you may have been aware, things are revving up in the Cryzen world. After the full launch of our platform, we recently rolled out our code2ui technology, that renders all premade strategies to a highly simplified UI. We are currently announcing a surprise bounty to facilitate with further usage, development, improvement, and feedback on the Cryzen algorithmic trading platform (soon to evolve into your personal crypto trading assistant!).
Live trading bounty:Anyone running algorithms live for at least 7 days this month will be awarded 5k XEN, granted to the first 20 participants of this bounty (you must run a strategy that has at least 1 buy and 1 sell, a screenshot will be required as proof).
Bug bounty:Anyone reporting any bugs or edge cases on the system will be awarded 10k XEN, granted to the first 10 participants of this bounty (this one is a bit subjective as our staff will have to evaluate what constitutes a bug — but following the common sense rule, we expect no issues). Bugs must be unique and the only the first reported instance of a bug will get rewarded.
Due date:This bounty will stay open to end of April 7, 2019 UTC time — email
[email protected] with subject line “Live trading bounty” (include a screenshot of your live run with at least 1 buy and 1 sell) or “Bug bounty” (with a detailed description and means of reproducing the identified bug) to participate in either bounty respectively.
Conditions:Anyone participating in the bounty must further acknowledge that they are doing no “work” for Cryzen, and that their bounty efforts have fallen out of the natural use of the system. We do not encourage anyone to run algos live or hunt for bugs solely for the sake of the bounty.
We look forward to your participation! to stay up to date on all Cryzen related news, follow us on Social Media!
Website: www.cryzen.com
Twitter: twitter.com/cryzenllc
Facebook: facebook.com/cryzenllc
LinkedIn: linkedin.com/company/cryzen
Youtube: https://www.youtube.com/channel/UCgrMOxSZi-q-2T1Jmx_fNGA
