Veles Finance offers automated cryptocurrency trading and portfolio management tools that utilize advanced encryption techniques to ensure user data protection. The platform enables users to efficiently manage their digital assets amidst market volatility and security risks.
Funding
Funding not disclosed
Founders
Product
Problem
Many cryptocurrency traders, especially those new to the market, lack the time or expertise to actively manage their portfolios and navigate market volatility, leading to missed opportunities or potential losses. The complexity of setting up and monitoring trading strategies can be a significant barrier to entry.
Solution
Veles Finance provides a platform for automated cryptocurrency trading through customizable trading bots, enabling users to deploy strategies without constant supervision. The platform connects to major cryptocurrency exchanges via API, allowing bots to execute trades on spot and futures markets based on pre-defined parameters and technical indicators. Users can either create their own bots with flexible customization options or copy ready-made strategies from experienced traders. Veles Finance also offers backtesting tools to evaluate the performance of trading strategies using historical data. Risk management tools, such as stop-loss and take-profit orders, are available to help users control risk and protect their capital.
Target Audience
Veles Finance targets cryptocurrency traders, particularly beginners and those with limited time, who seek to automate their trading strategies and manage their digital assets more efficiently.
Features
- Support for both spot and futures trading on connected exchanges
- Customizable trading bots with a range of technical indicators (CCI, MFI, RSI, Bollinger, TradingView signals)
- Risk management tools including Stop-Loss to Breakeven, Multi-Takes, and Trailing Take Profit
- Backtesting capabilities to analyze trading strategies using historical data
- Marketplace for copying trading strategies and signals from other traders
- Fast-API connectivity to exchanges for low-latency trading
- Ready-made bot strategies for users who prefer pre-configured options
- Ability to limit the maximum number of simultaneously running bots