The story of BWEnews: China’s most Famous Cryptocurrency News Trader

BWEnews is one of the most well-known products and traders in the Chinese cryptocurrency field this year. It uses robots to publish news in real time and also uses robots to trade news. Just two seconds after Binance announced the launch of ACT, it quickly bought 10.9 million ACT at a price of $320k. As the price of ACT rose rapidly, the investment made a profit of $3.4 million. “I make money off the information delays of retail traders and the limited reaction times of market makers who can’t pull their orders fast enough. Retail traders often rely on a few slow news outlets or word-of-mouth, so if I buy before they do, there’s profit to be made”.

Author: BlockBeats Read more