“Progress is impossible without change, and those who cannot change their minds cannot change anything.”
We admit – not everything was instantly perfect during our initial release. That’s why on our first month, we made it a point to create a place for user discussion through the Slack workspace. We have listened to all your suggestions. We have heard your call for an improved interface, for additional exchanges, for wider payment options, and for better algorithms. We would not have progressed to this stage if not for all your comments and the little tweaks here and there.
In January of this year, we launched the web version of CBS to accommodate the requests of those who wanted to have a clear overview of the trading charts. Users then were able to access their CBS accounts from both the mobile application and the web version.
Then on the same month, we also increased the exchange platforms from only one (which is Bittrex btw) to four which included Binance, HitBTC, and Polionex. We even gave new users the chance to extend their trial period for another seven days!
As they say, the first few months of business are really the most trying times. Yet they also presented us with greater chances to improve the system even further. We made adjustments to the dashboard so you can save and keep track of all bases that you used for the trade. All saved bases have since been synced with the mobile app and the web version.
We just can’t stop when we feel that there are more things to be done. The months of February and March have seen some of the most dramatic changes and major overhauls in Crypto Base Scanner.
We decided to revamp the base scanning algorithms in order to help various users with different trading style options. The new algorithms show distinct results in terms of the number of bases and the height of bounces. You can now choose among three algorithms – (1) Day Trading that shows 1-hour charts with plenty of bases; (2) Conservative Trading that works on 2-hour charts with lesser bases yet with higher bounces; and (3) Position Trading that works on 4-hour charts with the least amount of bases yet with the biggest bounces.
But changing algorithms would not be enough to help our clients get their desired results and find more trading opportunities. So we also included another reliable feature – the statistics element. With this inclusion, users can determine if a specific market has either high or low success rates. They can also look at the median bounce percentage in order to identify the height of bounces.
After including statistics and changing algorithms, we also made a significant remodeling of the CBS filters in April. We just realized that more filter functions could help our clients find the best trading pairs.
Then in the same month, we added Cryptopia on the existing four cryptocurrency exchange platforms that are supported by the CBS system. Making an addition to the number of platforms honestly helped us attract more users. Similar to business expansion, we were able to extend our services to those who are using other platforms.
The following month of May, we resolved one of the major hindrances to easy and successful trading that were faced by our users – keeping track of trades. We launched the desktop version of Crypto Base Scanner which now allows you to sync your orders while tracking your trades. You only need to configure the API keys for your preferred exchange platform that is supported by CBS.
In every process of building up, revising, tweaking, and improving the Crypto Base Scanner, we always consider the privacy and security of our users. Putting the API keys on your desktop is secure since you only put the keys on your machine. The API keys are encrypted with a generated password on your machine and sent to the servers.
Since the inception of Crypto Base Scanner in December 2017, we have already created at least 12 versions of the system to ensure that we always keep up with user demand, needs, and preferences. We have gone through a lot of work – fixing bugs, adding new chart time frames, expanding the supported exchanges, improving system performances, adding exchange API keys, and more.
From all the developments that happened in the past eight months, we only see brighter and bigger horizons in the coming years. We plan to extend our help from the hundreds of traders that are now using the Crypto Base Scanner application to thousands more. We won’t stop unless we make the crypto world a lot more sensible to the general users.
In the coming months, you will see further developments such as more exchange platforms, real-time chart updates, trading via the desktop application, and more. We are just really excited to see more people earn from the base strategy with the help of Crypto Base Scanner.
