INTRO
The crypto market is growing day-by-day, but it is lacking new products that will be able to provide comprehensive services, advanced trading tools, as well as an opportunity to effectively interact and exchange information and data.
Swapzilla makes crypto trading a breeze, even for the newbie.
THE OPERATIONS OF SWAPZILLA PLATFORM.
The distinctive workings of the platform are explained here.
Orders will be executed depending on the parameters set by the trader:
“Day Order” is a direction for the platform to execute a trade at a specific price that expires at the end of the trading day if it is not completed. The unfulfilled part of the order is removed.
“Fill or Kill” (FOK) is a direction for the platform to execute a transaction immediately
and completely or not at all. This type of order is most often used by active traders and is usually for a large quantity of tokens or crypto currencies. The order must be filled in its entirety or cancelled (killed).
“Immediate or Cancel” (IOC) is an order to buy or sell a crypto asset, that executes all or part immediately and cancels any unfilled portion of the order. An IOC order is one of several “duration orders” that investors can use to specify how long the order remains active in the market and under what conditions the order is cancelled.
“At the same price”
When cross orders take place at the same price, the order is completed at the price and volume of the other order — the rest is placed in the order queue at the price of the completed order.
“Cascade distribution order”
By using our platform, the user has a simultaneous access to all the offers on the same asset on many different exchanges. When buying large quantities of crypto-currencies, the
trader runs into the depth of the market problem — larger trades are less profitable than
smaller trades. In order to solve this problem, SwapZilla development team has developed
an algorithm for cascade distribution of orders among different exchanges to minimise the
costs associated with the sale of large quantity of assets. The system statistically assesses the “depth of the market” and the probability of buying the given ASSET at a given price on all connected exchanges. Then, the algorithm “divides” the orders and places them in parts
on different exchanges, eliminating the depth of the market problem.
Such a variety of customizable tools will allow the trader to create many different trading
strategies and automatically close or open positions.
Strategy Creation Module
This module is a trading terminal, familiar to many traders, which allows the user to develop and test ones own trading strategies, save the best ones and use them in the future.
Portfolio Management Module
As part of this module, the user will have an access to tools for managing and optimizing
a long-term investment portfolio. The algorithms integrated into our platform will allow the user to choose the optimal dynamic portfolio structure (asset weights) based on maximizing its profitability or minimizing risk. The algorithms used, are based on the methods of statistical analysis of the historical data and on the dynamics of returns of assets selected by the trader.
Margin Trading Module (getting leverage)
Not all existing crypto exchanges provide users with opportunities for margin trading.
SwapZilla will solve this problem. By using the margin trading module, users will have an
opportunity to increase their income by making deals “with leverage” and to make money by reducing the value of assets traded (making “short deals”) on any exchanges with the
optimum cost of leverage.
When making such transactions, SwapZilla does not act as one of the parties, but instead
provides the capabilities of the P2P marketplace, where users make and accept leverage lending offers themselves. We want this process to be safe for both sides of the transaction, so we are integrating our own risk control system, which will protect the platform and our customers from performing very high-risk transaction, and prevent the losses of funds provided on credit.
About the Author
Joseph Johns is a successful Emergency Medicine Physician and an ardent cryptocurrency and Blockchain connoisseur
Bitcointalk Username: Redoc
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2409725
Eth Address: 0x8dC02f9a3255C0cE32536E698447F2E3915AE948
Swapzilla Operations | Ecency
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