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We’d like to inform you of changes to our refund policy that will take effect on November 7, 2024.

The 14-day grace period will apply only to your first purchase. This update will impact all customers with ongoing paid subscriptions, aiming to provide a smoother experience for new users and maintain integrity.  

Please take a moment to review the updated policy for full details.

We appreciate your unwavering support and understanding! Our support team is always here to help if you have any questions.

This article gives the latest cryptocurrency industry news to 3Commas automated bot traders for the third week of October. All information is current as of October 18th, 2024.

3Commas Weekly Crypto Industry Updates October 18th, 2024

Important Notice: Upcoming Update to Our Refund Policy

Learn everything about crypto,
trading and bots

Copyright 3Commas.io - A cryptocurrency trade management platform offering DCA bots, Grid bots, Options bots, Futures, bots, HODL bots, Scalper Terminal, and full Portfolio management all from a single convenient interface.

Since becoming aware of the suspicious activities taking place, we immediately launched an internal investigation. We will continue with the investigation in the light of the new information and also notify law enforcement authorities accordingly. Furthermore, we have and will continue to optimise and enhance the security measures, taking into account new information we have received, by now we have requested exchanges to revoke all keys that were connected to 3Commas.

We strongly recommend every user to reissue an API key they have currently connected to an exchange.

As our investigation continues, we will update you as appropriate. We truly appreciate your patience and understanding at this time. Should you have any questions please contact 3Commas support

Important announcement!

Reduce Setup Time for DCA Bots with the New Crypto Screener on 3Commas

Take your DCA bot strategies to the next level with the new TradingView Crypto Screener—customize, filter, and optimize like never before!


Black Friday Has Arrived—Take Your Trading to New Heights

This Black Friday, 3Commas brings you exclusive deals that can transform your trading experience. Whether you’re a seasoned pro or just starting out, our limited-time offers are designed to supercharge your trading journey.

Special Offer for New Users: Get your first month of Pro for just $9.99

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 With Pro and Expert plans, enjoy unparalleled automation and advanced features, giving you the freedom to focus on making informed decisions while 3Commas does the heavy lifting.



Earn Big This Black Friday: Invite & Earn 25%

Black Friday is the perfect time to share 3Commas and help your friends unlock smarter trading.

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Share it now while Black Friday deals are live—everyone wins

Take your Black Friday excitement further by inviting friends to join the 3Commas community. Participate in our Invite Leaders Contest and win up to 200 USDT in cash prizes.

Use your invite link on Telegram or Discord

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Check out the FAQ for full details and find the Terms and Conditions here.  

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Get ready to add serious power to your trading game with 3Commas this Black Friday. Enjoy unbeatable discounts of up to 50% on Pro and Expert plans and exclusive offers for new users. Plus, invite friends to join 3Commas and earn 25% commissions on subscriptions. Don’t miss this chance to unlock advanced tools, scale your strategies, and win big.

Black Friday 2024: Transform Your Trading with 3Commas’ Best Deals Yet

3Commas is announcing the completion of our full integration with Coinbase today. The integration also features Coinbase’s perpetual futures, allowing 3Commas to offer comprehensive bot automation, empowering users to trade both spot and perpetual futures with advanced automated strategies. Through this integration, 3Commas users can seamlessly deploy sophisticated trading strategies directly on Coinbase, combining high-liquidity access with the strategic advantages of 3Commas’ market-leading DCA, Grid, and Signal Bots.

“This integration with Coinbase through their Advanced Trade API is another highlight of our collaboration with Coinbase. We're especially proud of the addition of perpetual futures, with 3Commas being one of the first and only automated solutions integrating this,” said Yuriy Sorokin, CEO of 3Commas. “With the new perpetual futures functionality, our users have the flexibility to create sophisticated, data-driven strategies that adapt to market shifts, whether they’re trading spot or perpetual futures. This expands the possibilities for traders to incorporate more comprehensive trading plans that can take advantage of a wider variety of opportunities while managing their risk with greater precision.”

Key Highlights of the 3Commas x Coinbase Integration:

Comprehensive Bot Options: Utilize the full range of 3Commas bots—including DCA, Grid, and Signal Bots—optimized for both spot and perpetual futures on Coinbase.

Enhanced Risk Management: Employ Signal Bots with multiple take-profit, stop-loss, and breakeven settings, allowing traders to stay in the market longer and exit with precision.

Coinbase Advanced Perpetual Futures Trading: Explore the potential of perpetual futures, testing predictive skills and creating opportunities for returns.

With this integration, 3Commas aims to provide professional traders, asset managers, hedge funds, and other operators of actively traded crypto assets, with streamlined, smarter trading solutions on a high-liquidity platform. This integration solidifies 3Commas’ commitment to delivering innovative trading tools that empower users to optimize strategies and operate confidently in all market types.

Start automating your trading strategies on Coinbase today.

*Perpetual futures trading through Coinbase Advanced is only available to non-US customers in select jurisdictions. Crypto derivatives are not available to retail clients in the United Kingdom. In order to create a Coinbase Advanced trading account, customers will need to pass through our standard assessment checks to determine their eligibility for this product. The information provided is for educational purposes only. All trading and investment strategies involve risk, including risk of loss, and thus may not be suitable for everyone.

This blog details the completion of integrating all 3Commas features with the Coinbase cryptocurrency exchange.

3Commas Launches Full Integration with Perpetual Futures on Coinbase

Professionals Now Have a Comprehensive Trade Automation Solution For Coinbase

Let's discuss what has happened in the crypto industry in the third week of October, 2024.

Kraken crypto exchange launches own Wrapped Bitcoin token

Cryptocurrency exchange Kraken has launched its own tokenized version of Bitcoin representing BTC holdings stored by the exchange and audited by Trail of Bits, a security auditing firm that has worked on projects like Worldcoin.


The new kBTC was introduced on Oct 17, and launched across interoperable networks including Ethereum and OP Mainnet (formerly Optimism). The wrapped Bitcoin — kBTC is backed 1:1 by an equivalent amount of Bitcoin in the custody of Kraken Financial, a Wyoming-chartered special purpose depository institution.


Bitcoin as the base currency of the cryptocurrency market has made it convenient to have it across DApps — Decentralized Applications. The new kBTC will be reportedly available for the decentralized market, providing the market with more deep liquidity.


Spot Bitcoin ETFs reach $20B in net flows.


The spot Bitcoin exchange-traded funds (ETFs) in the United States has achieved a significant record in net flows, just as Bitcoin nears previous all-time high again.


US-based spot Bitcoin ETFs crossed $20B in total net flows on Oct. 17. It only took spot Bitcoin ETFs 10 months to achieve $20B net flow while it took Gold ETFs roughly five years to record the same net flows.


The adoption of cryptocurrency is inevitable, it is also obvious that institutional and traditional investors appear to choose investing in Bitcoin to gold because of its scarcity and limited supply, where only 21M Bitcoin will exist.


Ireland drafting an urgent crypto regulation ahead of EU money laundering laws


Ireland is preparing to draft “urgent” cryptocurrency regulations ahead of upcoming European Union Anti-Money Laundering and terror financing standards.


According to the Irish Examiner, a local news outlet, the Ireland’s Finance Minister, Jack Chambers, made this public to the cabinet stressing the need for an urgent legislation to update crypto regulations before the EU laws take effect on Dec. 30.


The EU’s “Anti-Money Laundering and Countering the Financing of Terrorism Act” will empower financial intelligence units, allowing them to suspend transactions. It will also introduce strict reporting requirements for crypto exchanges and a 10,000 euro ($10,850) limit on cash payments.


Traders should be aware of how these new laws will affect tax reporting and crypto asset declarations to adhere to the Anti-Money Laundering laws.


Italy wants to increase capital gains tax on Bitcoin from 26% to 42%.


The Italian government wants to increase the capital gains tax for investments in Bitcoin to 42% from 26%. This was made public by the Deputy Economy Minister, Maurizio Leo. 

During the news conference at Palazzo Chigi on Oct. 16, Leo said that the withholding tax on Bitcoin capital gains should rise to 42% per Italy's new budget bill, which the Council of Ministers approved.


Leo also said that the bill would remove the minimum revenue requirement of 750M Euros for the Digital Services Tax which was introduced as part of the country’s budget in 2019.


Traders should be aware of this new development in order to strategically make the right crypto investment decisions.


Crypto companies paid $19B in settlements to US regulators in 2024.


Since 2019, US regulators have collected a total of $31.92B in settlements from 25 crypto companies across various lawsuits. 


Data from CoinGecko shows bankrupt crypto exchange FTX and affiliated trading firm Alameda are majority of the funds after paying $12.7B to the Commodity and Futures Trading Commission (CFTC) in an August settlement. 


The total settlement does not involve individual lawsuits against executives. The total settlement amounts included forfeiture, disgorgement, civil penalties, settlement and prejudgment interest.


Traders should take caution when trading on some crypto exchanges. Most of the exchanges on the settlement list have shut down operation. Traders are encouraged to avoid exchanges with shady activities that are against regulatory rules.


What we’re seeing is an increased regulatory updates on cryptocurrency activities across countries. Also, we recorded an increased effort by regulators in protecting investors interest and ensuring a safe trading environment for individual crypto users and institutions.

Kraken kBTC on OP and Ethereum Mainnet, Bitcoin investment tax in Italy.

Let's discuss what has happened in the crypto industry in the second week of October, 2024.

Uniswap launches its own layer-2 blockchain, Unichain


Uniswap Labs announced that Uniswap, the largest decentralized exchange (DEX), has launched its own application-specific layer-2 blockchain network, dubbed Unichain.

Following the announcement, the app chain testnet is already available and has promised to deliver faster and cheaper transactions and enhanced interoperability across blockchain networks.

Unichain is part of Optimism’s Superchain, an interoperable network of layer-2 scaling solutions built using Optimism’s technology stack. Other layer-2 chains like Base, Mode etc are built with the Optimism stack.

Just after the launch announcement, the token price surged by 25%. The new chain launch might provide more utility for the token economy in the future. 

Report: Global crypto adoption to hit 8% by 2025

Global cryptocurrency adoption is on track to hit a significant milestone, with 7.51% of the world’s population now using digital currencies, according to a report by MatrixPort.

The report projects this figure to exceed 8% by 2025 which will make cryptocurrency a mainstream sector of the financial market.

The increasing adoption can be attributed to the rise in institutional interest following the recent asset exposure offered by Bitcoin and Ethereum ETFs—Exchange Traded-Fund. Also, the report notes that institutional interest is a key factor to the growth in adoption. 

More than 63,000 BTC has been deposited to exchanges in the last 72hrs.

According to data from CryptoQuant, roughly 28,000 BTC—Bitcoin was sent to exchanges on October 7th, then on October 8th an additional 23,500 BTC was transferred, and roughly 12,000 coins made their way to exchanges on October 9th.

In all, the data shows that over 63,500 BTC, valued at approximately $1.83B, was sent to crypto exchanges. 

Even though exchange inflows do not necessarily mean an intention to sell, high inflows indicate that investors may be prepared to sell in the near future.

Usually, when investors move funds from non-custodial wallets to exchanges, they are either looking to liquidate this asset or they are looking to stake it for returns.

South Korea allows division of crypto in divorce settlements

South Korean laws allow married couples in South Korea to divide cryptocurrency holdings during divorce proceedings, according to a law firm specializing in the country’s legal system.

South Korean law firm IPG Legal cleared the misunderstanding with regards to cryptocurrencies as an asset during divorce cases. While responding to clients, the firm said that under South Korean law, both tangible and intangible assets can be divided during a divorce:


“Under Article 839-2 of the Korean Civil Act, either spouse may request a division of marital assets accumulated during the marriage upon the divorce in Korea.”


The increased use of cryptocurrency in finance has led to its recognition as an asset in marital cases. This shows that there is a wide adoption of cryptocurrency across the world.

Samsung Pay integrates crypto payment option with Alchemy Pay

Already available on Google Pay, Alchemy Pay’s virtual card is now coming to Samsung Pay. Users will be able to spend their crypto using Samsung's contactless payment tool.

Announcing the news on Oct. 8, Alchemy Pay mentioned that the new Samsung Pay payment feature is being rolled out just a few weeks after the platform completed its integration with Google Pay in September.


While the adoption of cryptocurrency grows, users can now make payments seamlessly with crypto on Amazon, Netflix, Facebook, eBay amongst others.

What we’re seeing is an increased adoption of cryptocurrency across different aspects of our lives. Individuals find it convenient to spend their cryptocurrency. Also, we recorded an increased inflow of Bitcoin deposits on cryptocurrency exchanges which suggests an intent to liquidate them for cash.

This article gives the latest cryptocurrency industry news to 3Commas automated bot traders for the second week of October. All information is current as of October 11th, 2024.

3Commas Weekly Crypto Industry Updates October 11th, 2024

Uniswap Unichain, crypto marital case, Samsung Pay