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KuCoin Adds Automated Crypto Portfolio Management


sludgefeed.com 07 December 2018 05:50, UTC
Reading time: ~1 m

KuCoin, a Singapore-based cryptocurrency exchange, announced Thursday that it is bringing automated portfolio management to its trading platform via a partnership with Shrimpy.

KuCoin Partners with Shrimpy to Simplify Portfolio Management

See the official announcement here:https://t.co/1rFJnyFmmD@ShrimpyApp pic.twitter.com/1vcje5vPaU

— KuCoin Updates (@KuCoinUpdates) December 6, 2018

According to the announcement, Shrimpy’s free portfolio management tools allow investors to automate their entire cryptocurrency portfolio and strategy without complex APIs.

With just a few clicks, users can set their asset allocation and rebalancing strategy for their cryptocurrency portfolio. Once the portfolio strategy is created, Shrimpy takes care of the rest and executes your strategy to achieve your desired portfolio.

The features offered by Shrimpy include instant asset allocation, automated rebalancing, custom index tool and volatility protection.

The Shrimpy integration launches into an increasingly competitive crypto exchange landscape, where industry leaders like Coinbase and Circle have also recently launched similar automated portfolio products designed for retail investors.

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