XCHANGERATE: THE EXCEPTIONAL PLATFORM

in #ico6 years ago (edited)

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Day in day out the crypto space keep evolving bringing up new opportunities, from blockchain technology changing the status quo in centralized systems to cryptocurrencies changing the way we handle or see money.
Blockchain technology has been embraced by both new and existing platforms owing to the following features;
a. Decentralized database: This makes sure data is safeguarded from cyber attacks or data breaches,
b. Smart contracts: This makes sure real-time transactions are carried out efficiently and effectively with no point of failure, etc.
Yes, it is a well-known fact that cryptocurrencies came with great revolution thus becoming an option for many investors, but despite its benefits etc the crypto space still remains volatile in the short term. This can be caused by hacking, regulations or movement of other currencies.
Furthermore, investors find it extremely difficult making good choices as to when to buy, hold or sell, this and many more tend to limit the true effectiveness of the crypto space.
To solve these shortcomings led to the creation of a platform unique in all ramifications, known as XCHANGERATE.

WHAT IS XCHANGERATE?

XchangeRate can be seen as a cryptocurrency trading platform with an implemented intelligent algorithm XchangeRate Robot. The XchangeRate trading platform is a web-based application thus, making it compatible with smartphones and it has two main pillars;
a. XchangeRate Robot which helps cryptocurrency investors to trade in exchanges perfectly without any limitations,
b. XchangeRate Token: The utility token used within the platform.
Furthermore, XchangeRate will be a platform having all the essential, powerful and valuable trading tools using augmented intelligence, thus driving profit to users.
XchangeRate was created out of the following research;
a. Every month, over 2million new traders open a new account with an exchange,
b. Successful traders make outstanding profit daily,
c. There is Increased liquidity owing to the growth of traders worldwide,
d. Market stability owing to increased regulatory awareness.

THE PROBLEMS XCHANGERATE AIMS TO SOLVE

The main problem clouding cryptocurrencies is its volatile nature, thus posing as a barrier to entry for many investors.
A study has shown that Bitcoin prices have an effect on other cryptocurrencies mostly during rise and fall in price. The study also shows that certain factor is responsible for the volatile nature of cryptocurrencies such as;
a. Regulations,
b. Malicious computer hacking and host of others.
In addition, high prices and unpredictable market leads to constant fluctuation of cryptocurrency trade thus limiting potential Investors from investing. Also, deciding when to sell, hold or buy has been the bane of many investors owing to the catastrophic result they will get should they execute a wrong trade.
Furthermore, being informed of the entire crypto space, one might stop and ponder, can a human being really handle all these? Knowing fully well that there are more than 500+ coins and token in the crypto space.

SOLUTION OFFERED BY XCHANGERATE

XchangeRate understood that to successfully solve these problems there is need of a Robot, which can solve all these shortcomings through performing the following;
a. Analysing exchange data,
b. Being online 24/7,
c. Able to track the global market,
d. Perfectly suited to execute trades or orders,
e. Being able to flow with multiple cryptocurrencies.
The XchangeRate Robot will be able to detect as well as make decisions on when to sell or buy.

THE XCHANGERATE.IO PLATFORM

The XchangeRate is the first Augmented Intelligence platform based on Software-as-a-Service (SaaS) App, thus presenting intelligently analysed data to traders via the use of automation and decentralized strategy sharing.
XchangeRate Has The Following Attributes

  1. Powerful Preset Filters: This comes with automated filter settings having a preset strategy that requires minimal efforts, thus can be used easily by traders.
  2. Cross-Functional Strategy Approach: With this approach, XchangeRate will be able to scale through coins in exchanges thereby choosing the right ones.
  3. Implementation Proofing: This tools can be used to test strategies as well as filters on real market conditions, also being able to test the outcome of the strategy.

Areas Of Application Of XchangeRate Robot

  1. The Coin Monitoring Board: This is a dashboard with all table of analysed data from different exchanges. This result will be kept in a way as to make it possible for traders to identify market sentiment surrounding the available coins in the exchanges.
  2. The Automation Robot: This is the section of the platform where strategy settings are issued to the robot to automate trades with the help of API and private keys.
  3. The MVP: This is a section which uses preset to filter market with price action. It requires no username, password or API.
  4. The Marketplace: This the place or data hub where strategy, users, as well as performances, are tabulated and made possible for other users to adopt as well as implementing other users strategy in exchange of XRR tokens.

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XCHANGERATE TOKEN

XchangeRate Token XRR is an ERC20 token built on Ethereum blockchain. It is a utility token with the total supply of 250,000,000.
XRR is the currency of the platform and is used by holders to access the platform.

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CONCLUSION

XchangeRate understood that for an investor to succeed in the crypto space there is need of the following;
a. Data Gathering: A platform which will present valuable information comprising of apt indicators with the aid of API plugins,
b. Analytical Skills: Ability to interpret the gotten data so as to make good decisions,
c. Decision: For good profits, there is need to act on information correctly and timely,
d. Consistency: With automation, consistency is achieved.
With the successful completion of the token sale, XchangeRate proceeds in accordance with the roadmap.

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Roadmap

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TEAM

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ADVISORS

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MEDIA AND PARTNERS

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TO KNOW MORE ABOUT XCHANGERATE

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

Writer's Bitcointalk Username: Emmy92

Writer's Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1329140

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