Ferrum Network Will Financially Support Bot Ocean’s Project

Crypto Trade To Be Automated, Investments Will Be Made By Ferrum Network
  • Ferrum Network has been onboarded as the prominent investor for Bot Ocean’s project to automate the trading of cryptocurrency
  • The network is set to launch an ecosystem that will function across multiple blockchains
  • Staking technology will also be utilised strategically through this partnership in Bot’s new initiative 

Ferrum Network will be joining Bot Ocean’s automated crypto trading enterprise in the capacity of becoming its prime investor.

Bot’s Computerised Crypto Trading Project

Bot Ocean is working on the development of cutting edge trading tools and bot systems to computerize crypto exchange and attune users belonging to all experience levels. They are building upgraded algorithms for trading tools, which will permit brokers to browse a wide scope of exchanging bots. 

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The crypto trading-bot provider has partnered with Ferrum Network. The latter will be joining the team as a prominent investor. It will also be extending support in terms of providing staking technology to the new project.

Ferrum is ready to launch a decentralised finance (DeFi) ecosystem. This will operate over numerous blockchains. The elimination of obstructions which prevent widespread acceptance of crypto tokens will also take place. It will be enabled by the network’s user-friendly products oriented toward staking. The incorporated directed acyclic graph (DAG) will facilitate transactions of cryptocurrency within milliseconds. This can be done with a near-zero processing fee, which adds significant value to the network. 

Ferrum Is Already Transforming Crypto Tech

The UniFyre Wallet introduced by Ferrum Network has paved the way for crypto-tech evolution. People can send and receive digital coins with the “Link Drop” technology included in the wallet. It has also initiated free of risk over-the-counter swaps which are encrypted in a link that can be shared. 

The staking service will be utilized by Bot’s initiative, which is claimed to be the fastest and most protected way of transferring digital assets between Binance and Ethereum’s blockchains. 

Bot Ocean centers around democratizing the algorithmic cryptographic money market. They are extending the freedom to utilize powerful exchanging means to developers that will assist them in exploring the market. It gives the most impressive trading bots that can dominate human exchanging systems by testing them against gigantic authentic information. Without much of a stretch, users can blend-and-match different exchanging techniques and make their significant portfolio, subsequently beating the customary crypto market.

The association will fuel over 50 projects. All of them would employ Ferrum’s innovation in terms of staking technology. They would also include more than $20 million TVL across its DeFi staking convention. In this way, Ferrum Network is considerably more than simply a staking platform for Bot Ocean. Both the stages will cooperate to make a vigorous blockchain foundation that will encourage other financial investors to put resources into the development of DeFi.

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Ritika Sharmahttp://www.thecoinrepublic.com
Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.

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