Hummingbot partners with Crypto.com exchange for high frequency trading and liquidity mining

Hummingbot will also be integrating its data systems and infrastructure to enable liquidity mining campaigns on Crypto.com. We are targeting to roll out the liquidity mining infrastructure for Crypto.com by the beginning of Q4 2020.

The liquidity mining infrastructure integration includes trade data and real-time exchange order book collection, trade monitoring and verification, automated rewards payouts, as well as dashboards to report live liquidity mining returns, performance, and leaderboards. In addition, Team Hummingbot will provide 24/7 live user support, marketing collaboration, and performance data reports.

Upon completion of the liquidity mining systems integration, Crypto.com has committed to offering reward pools for liquidity mining campaigns that reward users of Hummingbot for providing liquidity on the exchange for a wide range of tokens.

We are looking forward to being able to offer token issuers who have listed on Crypto.com a more economical, transparent, and fair alternative to hiring professional market makers for promoting liquidity and trading efficiency for their tokens.

Hummingbot is an affiliate of Crypto.com. Anyone who signs up to Crypto.com Exchange, creates a new account, and passes Advanced KYC using Hummingbot’s affiliate code (hummingbotcro) will receive the following incentives:

One of Hummingbot’s core beliefs is that efficient trading and token liquidity is essential to the long-term adoption of cryptocurrency. Furthermore, we believe that a decentralized, community-based and open approach, rather than relying on a limited group of quant fund/crypto market makers, is a long-term and sustainable way of achieving this. We have committed to keeping Hummingbot open-source and free for everyone, always. We appreciate our partners such as Crypto.com that help us to continue building on and maintaining Hummingbot.

Crypto.com was founded in 2016 on a simple belief: it’s a basic human right for everyone to control their money, data and identity. Crypto.com serves over 3 million customers today, providing them with a powerful alternative to traditional financial services through the Crypto.com App, the Crypto.com Card and the Crypto.com Exchange.

For additional information, please navigate to the following pages:

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