August 3 Samsa Product Update
You ask, we listen
This week at Samsa, we have been busy looking at the bigger picture. The current product we have is an automated cryptocurrency trading tool with transparent analytics of your trade performance alongside tokens and crypto indexes. And right now, this is extremely valuable to the cryptocurrency super-users who take advantage of Samsa’s services. But we believe in a much bigger future. We see a future where Samsa can be a one-stop shop for finding the best cryptocurrency investing strategies and a future where anybody, including your neighbor’s uncle’s cousin once removed can start investing at the click of a button. We’ve taken significant first steps in realizing that future and we are excited to share it with you down the road. Until then, it remains ever so important to build a solid foundation, which we are just as excited to share with you this week.
Order Histories
The most important feature we have been working on at Samsa this week is showing users their Order History. With the help of user feedback, we realized that this was a huge gap in our product. Even though Samsa was automatically rebalancing user exchange accounts on Coinbase Pro and Binance, there was no way to see what was going on behind the scenesunless you visited your actual exchange accounts. This extra leap in order to confirm whether Samsa was working properly is something which needed to be addressed immediately.
As such, we have implemented an Order History feature which can be found on the Strategy tab of Track for both Binance and Coinbase Pro accounts. Hence, if you drastically change your slider strategy, you now have the ability to see the trades which Samsa placed for you based on your rebalance frequency. If you maintain a particular slider strategy over time, you should notice that Samsa will maintain your portfolio position and make minor adjustments only when necessary.A quick reminder that this feature is live for both Binance and Coinbase Pro.
Learn More About Samsa
As of this writing, you can now visit the Learn section of the Samsa website. Consider this the blog of Samsa. You will be able to find other Product Updates like these, our insights on various cryptocurrency trends, informational videos, as well as other sites that feature us such as hackernoon.com. We view this as a valuable resource for people learning about Samsa for the first time. Be sure to check it every once in a while for new content as it is released!
Up and Coming
A feature we will be developing is Public Exchange Profiles. In summary, Public Exchange Profiles will be a way for users to opt-in and make their performance data (sharpe ratio, volatility, returns, etc.) public. Currently on Samsa, you are able to view the performance of tokens and indexes before choosing your own personal strategy. With this implemented, Samsa could then also feature the best performing traders which fellow traders or new investors can use as a guide for their own strategies. We’ve started prototyping this feature and would love to hear your thoughts on whether you would like to see this for real! Until then, we will continue to make sure the current product is as visually simplistic yet functionally robust as it can be.
Your Feedback Drives the Product
We encourage you to Sign Up and Join the Samsa Community. As you get to know the product, we’ll get to know you. Reach out to us, leave us constructive feedback, and help us drive future iterations of the product because when You ask, we listen.
This article and related content is for informational purposes only. It should not be considered investment advice, and you should consult a financial advisor and do your own research and due diligence prior to making any investments. Where securities or commodities are referenced, it is only for illustrative purposes only, and does not imply any position on securities or commodities classification. To the extent that Samsa services are offered or discussed, those services are available only for Samsa whitelisted assets only. See our full terms here.