PATS stands for Personal Automated Trading System. It currently works with digital assets, and it is used by both private and institutional investors from more than 200 countries and territories worldwide.

Trading algorithms

PATS is composed of several algorithms made for trading digital assets 24/7 with no downtime.

The first prototype of the PATS has been launched on March 2016. The team at BmyBit tested it for more than a year before the beta release to the public.

Currently, PATS is composed of 3 different trading bots:

  • Automated Static Trading
  • Automated Dynamic Trading
  • Automated Arbitrage

The Automated Static Trading is the first robot launched by BmyBit. It scored an average of 4.62% daily profits calculated on over 13 thousand strategies ran by BmyBit's users.

After selecting a pair of assets, this strategy automatically converts the half of the investment in the counter asset of the pair and automatically places orders to buy and to sell in order to produce profits.

By splitting the investment into 2 sides, the static strategy determines the initial price of the investment. The initial price will determine the calculation of the profits and losses.

The Automated Dynamic Trading is an improved version of the Static Trading. It is the last trading bot launched by BmyBit after the big request of the early adopters of the platform.

The Dynamic strategy automatically places orders to buy and to sell in order to produce profits.

It also follows the waves in order to restart the strategy every time that the price goes far above the last selling price or far below the last buying price (but always above the risk level).

The Automated Arbitrage works across 2 different exchanges. In order to use it, the user must have an account with at least 2 digital exchanges supported by the arbitrage bot.

This bot performs the simultaneous buying and selling of assets in different markets in order to take advantage of differing prices for the same asset.