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Introducing World Markets’ AI-managed trading accounts

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AI-managed trading

Artificial Intelligence (AI) is slowly becoming a common tool used in trading, especially when it comes to trading digital assets. This technology is growing and developing quickly, and thanks to this interest and development, it is becoming more and more efficient.

The need to use AI in trading comes from several reasons, such as the fact that the AI can keep track of the market even when the trader can’t. This is important, as digital assets markets tend to be open 24/7, which can present plenty of opportunities, which traders usually miss due to sleep or work.

Not to mention the fact that AI-managed trading completes trades without falling into the common pitfalls, such as allowing the emotions to get in the way. These and other reasons have caused AI trading bots to emerge, as well as trader-operated AI-managed trading accounts on various online services, such as World Markets.

What is World Markets?

World Markets is a firm that has been around since 2003. Of course, back then, it only acted as a precious metals dealer. Since then, the company has built up an impressive reputation, which made it a leader in the Bullion INvestment industry.

Recently, however, it decided to expand its operations. As such, it became a provider of digital trading services. It covers things like STOs, digital Gold, as well as the mentioned AI-managed trading accounts.

The company aims at institutional investors, such as private banks, HNW investors, funds, and even retail investors. 

The company claims to have over 50,000 clients around the world, with the annualized return sitting at 718%. 

But, while the firm’s history, present, as well as speculations about its future, are rather interesting, the thing that interests us the most right now is its AI managed trading accounts.

How do World Markets’ AI-managed trading accounts work?

Whenever the markets are bullish, everyone tends to become overly optimistic. This can be dangerous, as investors tend to invest in anything, believing that they can make no wrong. 

The situation is the opposite when it comes to bearish periods when everyone panic-sells ina order to avoid losing the value of their assets. However, there is a better way to go about the situation than to simply buy when the prices rise and sell when they drop. Both of these market states can be used in a greater way — one which will secure superior returns for the trader, and that is to use AI accounts.

The accounts are simple enough to open, and all you need to do is start by opening a regular trading account. After that, digitally sign the trading agreement, so that the company’s team would have trade-only access to your account and funds.

Lastly, deposit your funds, and 24 hours later — the trading can begin. The company’s AI will find the best deals and it will use your deposit to make you a profit. The company’s team of professional traders will manage it, and all you need to do is deposit the funds and watch as these experts do wonders with any amount you provide them with.

Also, you, as a trader, can check your account at any point in time. You can monitor it constantly, or check upon it any few months — it completely depends upon you.

How much do you have to pay to start?

When it comes to most other companies’ managed account fees, they usually come in excess of 30%. However, World Markets does not ask for this much.

There are only two pricing structures for traders to choose from. You can either select:

Standard accounts, with a 20% performance fee and 1% annual management fee

Gold Premier accounts (€25,000+), with a 10% performance fee.

The first account type will let you keep 80% of the profits, while the second one will allow you to keep 90% of what your managed account earns.

There are no upfront fees.

The company is extremely dedicated to the security and safety of your funds. More than that, it will also maintain reasonable levels of risk, and ensure that your profits remain, after originally earning them.

This has grown to become one of the best ways of trading and earning money out of crypto price shifts, without needing any experience.

Conclusion

Artificial Intelligence has revolutionized trading, mostly by eliminating the emotionalism of the crypto market ecosystem. It has long been suggested that emotions are one of the greatest obstacles when it comes to traders making large profits, as we tend to get carried away or make a wrong step due to fear of loss, or greed. 

The AI eliminates this completely, and can act only when doing so is sensible and logical. Meanwhile, you get to be as involved or detached as you wish, leaving everything to your AI managed account, or monitoring it the whole time.

Image by Gerd Altmann from Pixabay

Crypto

BNB Price Surges Past $300, Faces Crucial $339 Hurdle: What’s Next?

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BNB price has noted significant gains over the past few days, surging past the psychological resistance of $300. The native cryptocurrency of the Binance Exchange has surpassed Solana to regain its position as the fourth-largest cryptocurrency by market cap. The digital currency has been rallying lately with a 7-day profit of more than 15%. Additionally, BNB has clocked a phenomenal gain of 38% in the month to date.

Binance Coin Outlook

BNB price has been on a strong bull run for the past week, breaking out of its consolidation. Even so, the asset has experienced a correction in its uptrend over the past 24 hours but remains above the crucial level of $300. BNB’s total market cap has decreased by 4% over the past day to $48 billion, while the total volume of the asset traded over the same period dipped by about 15%.

Over the past year, Binance Coin has had to cope with Fear, Uncertainty, and Doubt (FUD)  on the back of the regulatory troubles of its underlying exchange. Earlier, the BNB price touched a low of $223.50, a few days after its former CEO, Changpeng Zhao, pleaded guilty to money laundering charges. However, the cryptocurrency has managed to rebound 46% in value since then.

The recent price rally has been associated with various positive developments in the Binance ecosystem, including the Introduction of the Isolated Margin Auto-Transfer Mode. This feature enables…

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Altcoins

Solana Price Surges Beyond $100, Dethroning Ripple and BNB To Secure Fourth Place

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Solana price performance in recent times has been remarkable, surpassing Ripple and Binance Coin to become the fourth-largest cryptocurrency by market cap. The SOL price breached the critical level of $100 for the first time since April 2022 over the weekend to imbue optimism among investors. However, the altcoin has corrected by 7%, suggesting that the market is overheated. At the time of writing, the ‘Ethereum killer’ was trading slightly lower at $111.60.

SOL Outlook

Solana price has made a significant recovery over the past few weeks, climbing above the psychological level of $100. The altcoin has been one of the best-performing assets this year, extending its year-to-date gains to more than 1,025%, with more gains recorded in the past month alone. However, even with such growth, analysts have noted that Solana has a bleak chance of topping its ATH of $260.

The reason behind this is the increase in supply relative to its value. In November 2021, when the Solana price hit its all-time high of $260, its total market capitalization was around $78 billion. Despite the value of the crypto asset being less than half of what it was at the top, its market cap is currently hovering near $50 billion.

This has been brought about by the increase in the Solana supply by more than 100 million SOL over the past two years. According to some analysts, for the altcoin to retest $260, its…

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Altcoins

Solana Price Skyrockets to 20-Month Peak Amidst Memecoin Frenzy

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Solana price has noted significant gains over the past few weeks, climbing to its highest level since April 2022. The ‘Ethereum Killer’ almost topped the crucial level of $100 on Friday, before pulling back slightly. The asset’s recent surge has catapulted Solana’s total market cap to $39.6 billion, ranking 5th after and above BNB and XRP, respectively. Solana has jumped by more than 22% in the past week and more than 80% in the month to date. At the time of writing, SOL price was trading 0.90% lower at $93.10.

Catalysts Behind SOL’s Rally

Solana price has been on a strong bull run over the past few days, rocketing to its highest level in 20 months as the network benefits from the substantial activity and strong interest in memecoins. The SOL token, the native digital asset of the high-performance blockchain platform Solana, has shown some serious strength over the past few weeks, outperforming all the altcoins in the market.

The recent surge in the Solana price has been linked to heightened on-chain activities on the Solana blockchain. Notably, the ongoing hype for the blockchain’s speedy transactions, cheap fees, and a lottery of meme coin issuances has buoyed SOL’s on-chain activity. Metrics have revealed that Solana has been the strongest draw among on-chain traders, with trading volumes and network fees outperforming Ethereum- the largest altcoin by market cap.

Cited figures provided by DeFi aggregator DeFiLlama

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