With the emergence of the blockchain technology that gave birth to the first cryptocurrency known as bitcoin about a decade ago and subsequent altcoins that followed, trading has been going on. Trading cryptocurrencies involves buying and sell of these coins and it’s inherent dangers due to price fluctuation. Statistics has shown that cryptocurrency market capaitalization is running into billions of US dollars which shows it’s a huge investment arena and it, continued growth predicted also due to its wider acceptance and adoption. It’s no longer news that cryptocurrency is highly volatile and as such can lead to huge profit as well as loss depending on which sides a trader is caught in. Since traders cannot confidently and expertly predict price movements, it tends to discourage existing and would-be traders investing, no one want to be at loss always though it’s still happening because trading must occur.
With the upsurge (bullish movement) in price in December, 2017 to a tune of about $20,000 per bitcoin and subsequent rise in few popular altcoins, the news spread like wildfire and that brought more prominence to cryptocurrency because that was when some people got to know what it is and suddenly market did not go as predicted by some market experts. Price volatility is an aspect of cryptocurrency that has been there and as such predicting its movement with the available methods like gathering information from the internet which are useful to traders on platforms that provides such services, getting trading signals and market movement based on analyzed data or by using artificial intelligence are not suffificent enough to provide the desired results. Bitcoin being the most popular coin, its price affects every other coin in the market. Since no accurate model to ascertain price movement, traders do not know when to buy and sell. The good news is that, these problems has solution and the solution provider is XchangeRate.io that is leveraging on the automation and artificial intelligence to bring succor to traders. Sit back and relax while I introduce XchangeRate to you.
What Is XchangeRate
It’s a platform that will provide a well analyzed and expert data to enable traders execute buy and sell orders through it’s automated robot that will do this intelligently. With Xchangerate you are empowered to be a master trader with confidence and losses are minimized to the barest minimum of properly harnessed. In the heart of this solution is the XchangeRate robot known as XchangeRateRobot which has the capability to detect, analyze and provide intelligent market decisions using available market parameters (price of different crypto currencies -ask bid/last bid) across multiple platforms and if certain conditions set are met it can execute trades automatically or the trader can as well use such provided decisions to trade.
XchangeRate robot will let traders heave a sigh of relief because market decisions will no longer be taken by them as such responsibility have been shifted to the robot and trades can be done conveniently and comfortably without incurring losses. The capability of this robot to predict how price moves by the evaluation of data patterns which are accessible on exchanges using APIs and plugins. XchangeRate platforms stands out among other platforms providing price prediction service solutions for the following uniques features of the robot:
I. The Coin Monitoring Board Console:This is the part of the dashboard that displays data that have been analyzed from various sources and it appears in a manner that enables a trader to identify how coins available on exchanges are performing.
ii. Automation Robot: This is where strategy settings are done which triggers the robot to automate trades through the use of APIs and secret keys.
iii. The MVP: This is where preset is used to filter markets wth price action and username, password, API or secret key is not needed.
iv. The Marketplace: This is where other user’s strategies can be used for trading in exchange for XchangeRate (XRR) tokens and it is the main part of the platform housing data where strategies, users and performances are arranged.
XchangeRate Token (XRR)
This is a utility token that will serve as the driving force of the platform. All transactions on the platform will be paid for with XRR token. It is an Ethereum (ERC20) standard compliant token built on the blockchain.
Token Details
Meet The Amazing Team Members
The usefulness and importance of the wealth of experiences by project’s team members can never be overlooked and it’s gives hindsight to what such project could become. The XchangeRate team has proven beyond reasonable doubt that they have come to give succor to traders.
Please meet the team behind this wonderful and well-thought out project.
Please for more useful information about the project, visit the below links;
Website: https://tokensale.xchangerate.io/
Whitepaper: https://tokensale.xchangerate.io/en/whitepaper/en/
Telegram: https://t.me/joinchat/F_sHmUlqhCZy6bJYcVPw1Q
Blog: https://medium.com/@xchangeraterobot.io/think-ai-inc-dd02c3cfd905
Twitter: https://twitter.com/XchangeRate_io
Bitcointalk Announcement thread:
https://bitcointalk.org/index.php?topic=3110277
Author’s details
Bitcointalk username: mayukus4life https://bitcointalk.org/index.php?action=profile;u=1777715
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