Changes to bonus policy since 02/07/2020

Changes to bonus policy since 02/07/2020

Apitrade

Due to changes in market conditions and a dramatic improvement of Apitrade trading algorithms (in particular, the introduction and successful completion of testing of the main apitrade algorithm - "the squeeze bot"), the previous bonus policy, developed two years ago, when there was an alt season almost every month, has become irrelevant.

The minimum terms (14 and 45 days) after which bonuses were added to apitrade balance in the event that users forced to complete trades at a loss led to many users panicselling trades to early, after which they accumulated a large number of unnecessary bonuses, which is why they subsequently did not replenish their Apitrade account with money (which the service needs to pay the costs of the servers and employees, as well as development of new algorithms and projects). Subsequently, the prices of these coins in most cases reached the target (we are talking about new deals opened in the last few months, after the introduction of the squeeze bot). Thus, the user, because of his impatience, inflicted losses on both his deposit and service.

Improvement of the algorithms (introduction as the main squeeze bot algorithm) has led to a multiple increase in % of successfully closed trades. Even trades that seemed hopeless (such as MDA) in 99% of cases are closed with a profit within 100-150 days, however, users who are used to panicsell after 14 or 45 days did not notice it.

In this regard, from February 7, the rules for adding bonuses have been changed:

The "Panic sell" button appears near the trade if its term is more than 100 days. Prior to this, there is only the “cancel trade" button (when using it bonuses are not added).

Bonuses in the amount of 50% of the loss, which will allow to further increase the deposit on the exchange free of charge by the amount of the loss, are accrued when you click on the "Panic sell" button 100 days (or more) after the trade is opened.

Double bonuses in the amount of 100% of the loss, which will allow to further increase the deposit on the exchange for free twice as much as the loss, are added only 365 days (or more) after the trade is opened (including with automatic panic sell).

Bonuses can be deducted if: the user does not use the service for more than 180 days (does not log in to the service, does not trade); the user disseminates slander about the service; the user from the moment of introducing these rules offers to sell an account with bonuses to other persons.

We draw the attention of users that bonuses are not compensation for any service errors (as some users think), because no one can know in advance where the price will go and how the market will change. Bonuses are a reward for loyal users to use the service for free for a certain period of time, and are designed for users to use the "Panic sell" button to receive bonuses wisely, only in exceptional cases (when the user is absolutely sure that the price will not return, for example , in case of coins delisting from the exchange and similar cases).

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