BitMart, a premier global digital asset trading platform, will list Mercor Finance (MRCR) on June 22, 2021. For all BitMart users, the MRCR/USDT trading pair will be officially available for trading at 4:00 AM EDT. To celebrate the listing of MRCR, BitMart is giving away a total of 176,000 MRCR in Buy & Win, and Trading Competition Events!
What is Mercor Finance?
Mercor’s mission is to disrupt and democratize the global algorithmic trading market by building a bridge between algorithmic trading and everyday investors worldwide. Over 80% of all market transactions are currently done with the use of algorithms and trading automation tools. These types of trades leverage computational resources and speed to outperform human traders. However, algorithms are becoming more complex with the advancement of machine learning and artificial intelligence. Aside from speed, these algorithms are now also becoming extremely successful in making the right decisions. Many different strategies exist, ranging from relatively simple, trend-following strategies all the way to advanced AI trading algorithms, reacting to live world events, weather, Twitter sentiment, and more.
Increasing demand for reliable, high-frequency and effective order execution as well as a growing demand for reduced transaction costs, are expected to further accelerate the algorithmic trading market. The expected CAGR of the algorithmic trading market over the years 2020-2025 is 11.23%. At the beginning of 2020, the corona crisis caused stock markets worldwide to plunge. Algorithmic trading has been contributing to market rebounds after the March lows. Thus, algorithmic execution tools in foreign exchange increased significantly since March 2020. In crypto markets this dominance is not yet as strong. The consensus is that crypto markets are moving in that direction, playing into the hands of large institutional investors currently entering the market. Mercor aims to diminish this advantage and offer similar capabilities to individuals worldwide.
BitMart Exchange is a premier global digital assets trading platform with over 2 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 365+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their website, follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.
About Mercor Finance
Mercor Finance is a decentralized algorithmic trading market on Binance Smart Chain, Mercor disrupts financial markets by building a bridge between algorithmic trading and every-day investors worldwide. To learn more about Mercor Finance, please visit their website, follow their Twitter and join their Telegram.
Mercor Finance, A Decentralized Algorithmic Trading Market on Binance Smart Chain (BSC), to List on BitMart Exchange
June 16, 2021 at 06:03 AM EDT