Ftec for traders by traders

in #ftech6 years ago

Ftec is AN system of intelligent services and neural networks. It conducts effective trading activities on cryptocurrency markets. Ftec is an opportunity in various business to the cryptocurrency industry. This digital platform uses intelligent service to bring together various networks. The Al-based ecosystem and neural networks algorithms improve user experience and provide efficient trading in the crypto market. It unites separate commercialism services like bots and signals, auxiliary tools, instructional and knowledge-services and brings to one platform to form a convenient and economical commercialism for users. The first and foremost benefit is that traders can choose the services or sets of product services that suit them the most by depending on their professional characteristics and personal selections. They are benefited to suit the strategies in the market or the features of trade. The beginner or experienced trader does not matter. This is targeted at the audience at any level giving them flexibility in the use of ecosystem. It unites about 15 services for various purposes. The trading activities can be done in both manual and automated modes. They intend to develop services like an adaptive social assistant, a trading history analyzer, trading modules and others. The contain of necessary tools for users will provide an experience and knowledge for the cryptocurrency users.

Ftec token need

Problem

Order book limitation on exchanges is the first problem faced by the team with developing first trading algorithms. There is a need for them to define a queue of people for whom purchase and sale will be made. With the rise of buying demand the price of further purchases increases after the purchase of the first user. So there is not a constant value and the next use is able to buy at a bigger price. Thus, it leaves the last user at a significantly low price. This goes same for the sale process. The first user has a sale of the highest price and the last user gets the lowest price and profit.

Solution

The first step is to issue constant tokens. The additional token emission is liquidated. Thus every user is ensured with a chance of managing part of the tokens he bought. The uneven distribution of tokens between holders is giving the opportunity to form a certain queue of users. The users I the meantime can change their position in the queue by changing the number of tokens he holds. The relevant tool in the user’s account makes it easy for the users to track position in the rating. The place of the user in the queue is determined by the number of tokens on user’s balance within the system. The tokens which are held on exchanges will not be considered during the queue forming. Thus the use of the ftec token solves problems and form a fair queue.

Tokens

Regarding Tokens, the FTEC had to face problems. Usually, the first user buys a token and when the second user buys a token the value increases. So the profit gained by the first user is somewhat lower to the profit gained by the first user. On the other hand, the sale for the first user is higher and the second is lower. So the profit differs. FTEC wanted to do a fair buying and selling token sale. FTEC ecosystem Tokens are to solve the problem. FTEC hope to issue constant amount of tokens. All the token holders are assured of managing part of tokens he/she bought. Also, a queue is formed. The place you own in the queue is determined by the tokens you own. Tokens are used for payments, transactions and getting bonuses. FTEC token is connected to ETH price.

Conclusion

Ftec global mission to reduce the number of unprofessional traders has a clear pathway. This project has an inevitable demand on the cryptocurrency market with the increasing efficiency of trading. It saves time on market analysis, helps to reduce and diversify risks, enables to automate all routine processes associated with decision making. With a team of a longtime trading experience, ftec has been able to solve the automation tarding process. Thus, it is a success in the cryptocurrency market.

✍️ Author : Niroshana

Find more details about Ftech 👇

☑️ WEBSITE: https://ftec.ai/en
☑️ WHITEPAPER: https://ftec.ai/en/whitepaper
☑️ TWITTER: https://twitter.com/ftec_found

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