Risk Management

Bálkar has developed self-learning Neural Network trading strategy, a form of Artificial Intelligence software, with the goal of maximizing returns and minimizing the risk of BTC / USD trading.

Bálkar offers Risk Management and Remote trading of Bitcoin – BTC, where the AI automatically buys and sells or short sells BTC on behalf of the customers. The customer creates an account on an exchange, which Bálkar trades on, shares the so-called API key and API secret to their account with Bálkar for trading.

Customers have full control over their account and have an overview of all the transactions that take place on the exchange and can monitor their position in real time.

Bálkar Miðlun operates Bitcoin Risk Management and Remote trading on two markets. Bitstamp which is an exchange for Bitcoin where you can buy and sell Bitcoin. Bitstamp is a regulated entity in Luxembourg and is one of the oldest exchanges for Bitcoin. The other market is Bitmex, which is a derivative market where it is possible to buy and sell Bitcoin forwards with a leverage. This market offers its users leverage, i.e. to trade with borrowed funds and to short sell Bitcoin, i.e. profit from declining price. Bitmex is not a regulated entity and is incorporated in Hong Kong.

Trading no short selling

Trading with short selling

The algorithm is a machine learning algorithm which updated itself if it finds more profitable trading setups.

If you are interested in having your BTC – Bitcoin traded for you with this service you can register with Bálkar for Risk Management and Remote trading here.

Other assets that are being tested

Bálkar will later offer Risk Management and Remote trading of Ethereum (ETH) and Bitoin SV (BSV). The AI does not have as much experience trading these coins as Bitcoin BTC, but you can follow the trading results following the link below as we gather experience. Later the AI might also be deployed on other cryptocurrency pairs, traditional currency pairs, stocks or bonds.

You can see our Risk Management testing for other assets here.

Email: balkar@balkar.is

Tel: +354 620 3700