How it will work:

Create an algo (using the Cryzen platform — sign up for a free account on cryzen.com) which trades etc_usdt on a minutely or daily time frame; anything goes strategy wise.

Use the backtester to simulate your algos, deploy live as well (to make sure you are not overfitting and that your algo does not error out on the live market).

At the end of April 7, 2019 (23:59) UTC time, all algorithms should be submitted via email to support@cryzen.com with the subject line “Algo Trading Competition April 2019 Submission”.

How submissions will be judged:

Who will win?

The top 10 algos with respect to backtesting profits over a specific period of time (chosen by our staff, and undisclosed until the end of the competition) will be run on the live markets with $100 USDT for 4 weeks starting April 14 and ending May 12 23:59 UTC Time.

The algo making the most money during this live run period (with the highest ending balance) will be deemed the winner. Any algorithm that errors out on or during live deployment will not be restarted, so make sure to test your bot in live trading!

Only one condition:

Any algorithm submitted for this competition will be made available publicly & chosen to be published on Cryzen as a default algorithm with credit given to the original developer — anyone whose algo is made available as a default algo on Cryzen will also be given 10K XEN Token.

Prizes:

1st Place — $1K USD, 50K XEN Token

2nd Place — 30K XEN Token

3rd Place — 20K XEN Token

Further details:

When: April 6–7, 2019 (you can make a submission at any time)

Where: Remote or 111 Ellis St, San Francisco, CA 94102 — (Free pizza and soda on site April 6–7)

RSVP: Meetup http://meetu.ps/e/Gw5K0/GKqXw/f

Costs:

Anyone upgrading to the Cryzen Starter tier (please see https://www.cryzen.com/plans) for live trading for the purposes of this competition will be refunded at the end of the competition — please send a refund request to support@cryzen.com from the email address used to create your cryzen account on or after April 8th 00:00 UTC with subject “Refund Request”. Refund requests apply to upgrades to the starter tier only.

Updates:

Update #1 : After closing of the competition on April 7th, we will take 1 week to access/determine the top 10 algos as described above. These top 10 algos will then be launched to the live markets on April 14th 23:59 UTC time and will remain live for 4 weeks to May 12th 23:59 UTC time, at which point the bots will be terminated, and the winners determined within 24hrs.

: After closing of the competition on April 7th, we will take 1 week to access/determine the top 10 algos as described above. These top 10 algos will then be launched to the live markets on April 14th 23:59 UTC time and will remain live for 4 weeks to May 12th 23:59 UTC time, at which point the bots will be terminated, and the winners determined within 24hrs. Update #2 : Your algo must make at least 1 trade (on backtesting over our hidden qualification regime) to qualify to be among the top 10.

: Your algo must make at least 1 trade (on backtesting over our hidden qualification regime) to qualify to be among the top 10. Update #3 : Strategies running on a daily frequency are also allowed.

: Strategies running on a frequency are also allowed. Update #4 : Email support@cryzen.com at any time to request a free Starter account for the month of April.

: Email support@cryzen.com at any time to request a free account for the month of April. Update #5: We are running a promo to reward users for participating in the Battle of the Bots #1. To participate, send an email to Support@cryzen.com with your user id and we’ll gladly upgrade you to a starter account for the month of April.

To help you prepare:

Learn how to build a crypto trading bot on Cryzen: https://youtu.be/biSv6994rpY

Learn how to deploy a trading bot to the live markets: https://youtu.be/EZIeIz0y2Fk

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