Everyone wants a share of the cryptocurrency market. Well, it's no surprise as this industry has recorded massive growth from the onset of January 2017 at 17.74 billion dollars to 512 billion at the start of December that same year - surprising, right?. The growth of both cryptocurrency and blockchain is predicted to rise further in the next few years, with many market analysts predicting a round figure of over 25 trillion dollars in 2023. Giant financial corporations like Goldman Sachs, NASDAQ, are also investing massively into this fast-rising market. Yes, it's undeniable that cryptocurrency is the new gold. However, it's plagued by high volatility which deters future investors from delving into it.
Why XchangeRate is Needed
For instance, Bitcoin's meteoric rise and downfall depict the instability of cryptocurrencies. As a whole, cryptocurrencies are plagued by external influences that may hike up the prices according to their whims. A recent study also shows the interdependent nature of cryptocurrencies, i.e; the rise or fall of a cryptocurrency can affect other altcoins. In addition, recent events have shown us the increase in security breaches in cryptocurrency exchanges. The current cryptocurrency market is dangerous and unstable for the average investor.
To solve these issues, XchangeRate aims to provide an "intelligent" robot or algorithm that will help prospective and old-time investors to navigate the complex cryptocurrency market. Xchange rate takes the away the stress and trepidation that comes with tracking trends and cryptocurrencies. XchangeRate robot makes a well-calculated decision on behalf of its users, thereby, allowing you to trade around the clock based on interpretation of good days and a set of criteria.
What is the XchangeRate Robot?
XchangeRate.io is an algorithm that makes an accurate decision on the buy and sells based on users parameters and the attitude of cryptocurrency exchanges. This algorithms or robot gets its user metrics and data from numerous APIs and Plugins. With increasing APIs, this algorithms will function on more cryptocurrency exchanges than ever before. In addition, it will be mobile-friendly and fully functional across various devices.
The accuracy of the XchangeRate Robot is currently unmatched, as it gathers data across countless platforms for analysis. The collected data can be used for forecasting and trends due to the presence of structures that gives them an immense value. XchangeRate robot makes use of Coin Monitoring Board Console, through which data from different platforms are presented to the investor to help him make better decisions. This algorithm offers the best decision to users by filtering crypto coins with acceptable growth indices.
XRR Token Mechanism
Users can only access the XchangeRate platform through XRR tokens. Hence, only XRR Token holders can provide the currency for the whole XRR ecosystem. The XRR coin is a utility token used to buy and sell in two major models; subscription charge where users are required to make a monthly minimum payment before they can access the platform, and a marketplace where users can check the viability of different strategies.
Lastly, this token is built on an ER-20 Ethereum blockchain technology that allows the advanced use of the token on the XchangeRate platform.
Team members and advisors
To find out more about XchangeRate, kindly check the links below:
Website: https://tokensale.xchangerate.io/
Whitepaper:https://tokensale.xchangerate.io/en/whitepaper/en/
Telegram Group:https://t.me/joinchat/F_sHmUlqhCZy6bJYcVPw1Q
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3110277
Blog:https://medium.com/@xchangeraterobot.io/think-ai-inc-dd02c3cfd905
Twitter: https://twitter.com/XchangeRate_io
Author: sweedy
Bitcointalk Profile Link:http://bitcointalk.org/index.php?action=profile;u=1821234;sa=account