The Idea of XchangeRate Robot for Cryptocurrency trading
Trading is an important part of any financial market. In the current world, people have attained several new ways that can help them to trade. One of the newest trends is the cryptocurrencies which have seen a great boom in the recent years. In 2017 the news was all over the world and even celebrities invested in the cryptocurrency market. But let us be real, trading in cryptocurrency is not very easy and often times, people cannot stay ahead of the problems. They fail to analyze the situation and they end up getting a huge loss which they may have never anticipated.
Problems and Existing Cryptocurrency Trading Solutions offered by Xchange rate:
The greatest problem about cryptocurrencies is their volatile nature. In the past year, it has seen a huge growth but the risk factor is also quite evident in the process. Bitcoin rose the most but other cryptocurrencies and Altcoins also followed a growth in the market. Cryptocurrency isn’t ending soon and the market will soon catch up. But investors are often deterred from it due to the presence of its unpredictability.
The solution that they needed was an algorithm tool which helps them in determining the right time to do the exchange. Xchange rate robot does that and much more for a cryptocurrency trader. The algorithm helps in judging the buy/sell time and also the best price and compares it with the global market.
Project Details:
• Name of the project: XchangeRate Platform
• Project Type: Fintech Platform
• Company: ThinkAl Inc.
• Website: https://xchangerate.io/
• Head Office: Unit 117, Orion Mall, Palm Street, Victoria, Mahe, Seychelles
Product Concept:
The Robot will be data-driven and it will use the most trusted APIs. Along with that, it will be used as a web application which will run well on mobile platforms.
Mission Statement:
“To make data analysis and interpretation of derived metrics easier and to link it in real time to the market, so that the user can use the automated software to make gains.”
Vision Statement:
“Interpreting Dataflow of token metric and market instruments through in-depth research and the application of Artificial Intelligence to derive value and maximize benefits”.
Platform Ecosystem:
The robot has to work with 4 areas.
These are:
• The (Coin Monitoring Board),
• The Automation Robot,
• The MVP and
• The Marketplace.
XchangeRate Foundation:
The XchangeRate Robot is an amazing platform that uses several other platforms to collect the data and utilize it. The team of intellectuals who are behind forming this system are not only intelligent but also hard working in their respective fields.
Application Methods and How it works?
The Robot will collect all the data and show it to the trader using a console. But the Robot can also make an automatic decision based on its skills. The trader doesn’t need to go through a lot of things and they can only focus on the important parts. A metric sorting system is also present in the robot to compare the coins and their values.
In the end, we may say that the Xchangerate program is a phenomenal trial in the world of cryptocurrency trading. They can revolutionize the world of traders and make cryptocurrency a popular trading tool.
Join the Telegram Group: https://t.me/joinchat/F_sHmUlqhCZy6bJYcVPw1Q
Follow on Twitter: https://twitter.com/XchangeRate_io
Follow on Facebook: https://www.facebook.com/xchangerate.io
Follow on Medium: https://medium.com/@xchangeraterobot.io/think-ai-inc-dd02c3cfd905
Website: https://tokensale.xchangerate.io/en/
Whitepaper: https://tokensale.xchangerate.io/en/whitepaper/en/
ANN Thread: https://bitcointalk.org/index.php?topic=3110277
