XchangeRate - BTC and ALT Worlds in One Place

maniakbtc (1)(1)in #cryptocurrency • 6 years ago

Cryptocurrency is notoriously volatile and can provide barriers to entry, as proven by Bitcoin. The Bitcoin price index grew from $ 367 in January 2016 to more than $ 4000 by the end of August 2017 and experienced explosive growth in Q4 in the same year, but the market saw a wild upside and down in the short term.

Other currencies, when selling at lower prices than Bitcoin, also experience high growth and volatility. It should be noted that cryptocurrency remains vulnerable to outside influences. A recent study found that Bitcoin prices can affect other major cryptocurrencies, especially during periods of rapid and falling price growth. The study notes several factors highlighting the interconnection of cryptocurrency and potential volatility, including regulatory changes, operational effectiveness or the presence or absence of exchange and technological failures caused by malicious application design or computer hacks.

The market requires algorithmic tools not only to help users analyze the exchange but free them from decision-making responsibilities. In other words, the market needs a robot, which works for them.

Introducing XchangeRate ROBOT

XchangeRate.io is a data-driven robot that makes decisions based on 'buy' and 'sell' attitudes on currency exchange and user parameters. Plugins and APIs feed their data robots and unique metrics provide the power of their analysis. XchangeRate is a platform that will keep the amount of supported exchange traded through the increased API.

XchangeRate is meant to be a web app that will be responsive on mobile devices. The product platform will support and advertise the sales crowd. XchangeRate uses APIs from trusted sources including cyptocompare.com, coinmarketcap.com, and all support exchanges.

Platform Ecosystem

This Robot Has 4 Areas:

Coin Monitoring Board
Robot Automation
MVP
Market

The Coin-View Board is a dashboard panel that maps data analyzed from different data sources and displays them in a manner that can be sorted by merchants to identify market sentiments around the available coins on the exchange.
Robot Automation is part of the XchangeRate platform where strategy settings can be issued for robots to automate trade using APIs and secret keys.
MVP is part of the XchangeRate automation that does not require a username, password, API, or secret key but uses a preset to filter the market with price action.
Although the Market is a data center where strategy, users, and performance are tabulated for users who want to adopt a strategy, can implement another user's strategy instead of an XRR token.

How Does XchangeRate Work?

XchangeRate unblocks merchants from the hassle of reading graphs and charts and helping merchants with easily readable data easily interpreted for automated or informed decisions. Basically, the product is a Trading Robot that incorporates this feed into algorithms for intelligence and meaning. Intelligence enhances market movement and helps robots in making entries and exits with accuracy.

The uniqueness of the XchangeRate Robot lies in its ability to make metric comparisons across all coins on exchange by using a metric sorting mechanism. This simple yet powerful method empowers traders with the ability to always make the best decisions per time in filtering coins with an acceptable growth index.

XchangeRate implements metrics with widely tested and trusted results. The company will also explore the application of metrics in other commodities and financial instruments on a global platform through an open interface through the API. The availability of this platform will open Xchangerate's offerings to a global audience with a growing user base.

Token XchangeRate ( XRR )

XRR Coin will be implemented as a utility token used to transact on xchangerate.io in two main models. There is a subscription fee in which the user will make a minimum monthly payment to gain access to the platform. There is also a market assessment strategy where users can check the success rate of different strategies and Token Costs (TCs) that have been embedded by the initiators. Token Adopters can adopt this strategy on TC while there is a platform fee for transactions.

Details Of Token Sales

Token Sales Schedule: April 12 - June 9, 2018

Purchase Token: Ethereum

Price Token: 10,000 XRR / 1 ETH

Bonus: 5% - 20%

Total Supply Token: 250,000,000 XRR

Team

Members: Barbara Bickham - CEO
Binal PatelBinal Patel - Chief Technical Officer
Peter MoradeyoPeter Moradeyo - Chief Software Architect
Tasha SokolovaTasha Sokolova - Chief Content Developer
Lu AnzhiLu Anzhi - Team Leader
Eldin HericEldin Heric - Mobile App Developer
Ashwin MangaleAshwin Mangale - Back-End Developer
Radu BalabanRadu Balaban - Front-End Developer
Shaojiang CaiShaojiang Cai - Front-End Developer
Martin VrkljanMartin Vrkljan - PHP Back-End Developer
Martin PanevskiMartin Panevski - Senior PHP Developer
Damir SeremtDamir Seremt - PHP Back-End Developer
Guillermo TorriginoGuillermo Torrigino - UX Designer
VictorVictor Olorunfemi - Chief Communications Officer

Advisors: Phillip Nunn
Vladimir NikitinVladimir Nikitin
Nikolay ShkilevNikolay Shkilev
Chai ShepherdChai Shepherd