What is OTC trading in crypto? OTC trading (Over-the-Counter) refers to the exchange of cryptocurrencies directly between two parties, outside of centralized exchanges. This model allows for private, custom-tailored agreements on trade volume, price, and settlement methods. It has become particularly relevant for institutional investors, businesses, and individuals dealing with large volumes who seek privacy,…
March 2023 marked a crucial stage in the development of our trading bot. After completing local testing, the bot achieved sufficient stability to transition into full-scale operation. The team took an important step—purchasing and configuring a Microsoft Azure virtual machine while optimizing memory load management for the running bot. This ensured stable bot operation with…
The history of Burvix Traders began in December 2022. Throughout 2023, we focused on improving our trading bot, enhancing its stability and efficiency. By the end of the year, we launched the first version of the Burvix Traders platform, allowing clients to monitor the performance of their bots in real time. In the spring of…
The first month of our Burvix Traders bot’s operation highlighted the need for further improvements, and by February 2023, we had made significant enhancements to its stability. As with any new product, a considerable amount of time and resources were dedicated to debugging. During this period, the team managed to identify and fix a vast…
Cryptocurrency markets have always been characterized by high volatility—this is an axiom. Unlike most financial instruments, cryptocurrencies experience significant price fluctuations, sometimes reaching tens of percent within just a few hours. However, there are situations when volatility is not just a market feature but a consequence of global events that fundamentally change the rules of…
We want to share the story of one of our company’s products—the Burvix Traders trading bot. In a series of materials, we will go month by month, tracing the development of our bot and platform. The project began with two experienced traders from our team, each with over a decade of experience across various markets—from…
The history of our trading bot dates back to the summer–fall of 2022. By that time, the technical documentation for the first strategies had already been developed, and we had a clear understanding of how the bot should operate in an automated mode. To test the strategies manually, we chose two exchanges—FTX and Binance. However,…
Centralized exchanges (CEX) are the most common platforms for cryptocurrency trading. They operate similarly to traditional financial institutions, where all transactions are controlled by a central entity. This ensures high transaction speed and user convenience but also introduces certain risks. Advantages of centralized exchanges High liquidity Centralized exchanges typically have significant trading volumes, enabling fast…
Volatility is one of the key characteristics of cryptocurrencies, defining the rate at which their prices change over time. Unlike traditional assets, cryptocurrencies exhibit significant price fluctuations due to factors such as market sentiment, liquidity, and macroeconomic events. Understanding volatility differences across various cryptocurrencies allows traders to optimize algorithmic trading strategies and maximize profits. Differences…
Fundamental analysis is a key method for evaluating investment opportunities based on market conditions, industry trends, company management, and potential risks. Its main goal is to help investors identify promising assets for long-term investment while avoiding high-risk ventures. Market and Industry Analysis The first step in fundamental analysis is assessing the market. Investors need to…