Xtrd Ico Review Best 2018

cheryldlovejoy (39)in #ico • 6 years ago

Millions of new investors began trading cryptocurrencies. Of course, as with any investment vehicle, there are many different trading strategies, so it’s important to identify which one suits you best.
Cryptocurrency these days have become a means of exchange for goods and services. As it stands, it has come to stay. This currency can either be purchase with our fiat money and transfer to a wallet or we can mine or work to earn it. We can also purchase this through exchanges and trading platform. Reports as of January 2018 state that there are OVER 120 Cryptocurrency exchanges where we can trade more than 1000 individual markets. As the days goes by, more and more cryptocurrency keep coming out. Exchanges have gone de-centralized. From centralized exchanges that charges customer’s Huge amount of money for transaction.
Also Asset Managers This Days are seeing increased demand for cryptocurrency exposure in their portfolios. The future looks brighter in the world of cryptocurrency.
But Few things hinder the steady grow and development of cryptocurrency. This Includes:
Complex Web of Exchanges: this involves combination of different requirements and interfaces ranging from KYC Policies, means of funding, etc. Trading in an automated in an automated fashion with full awareness of best pricing and currents liquidity necessitates the issue of different accounts on different platform. For members to trade properly, fiat currency must be converted to crypto on an exchange or escrow site. One major concern for participants ranges from unmitigated slippage and counterparty risk to hacking prevention and liquidity.
HIGH FEES:
Transaction cost is also another major problem participants do face. Traders are trying to avoid or move from centralized platform to de-centralized exchange platform due to high cost on the centralized platforms. Also Exchange commissions are in the 0.1% -0.25% range per transaction but the effective fees are much higher when taking into bid and ask spreads maintained by the exchanges. Some exchanges are not regulated therefore it gives way for high internal exchange activities.
THIN LIQUIDITY
When a whale places a buy or a sale order in the market, it can automatically change the market of that particular currency. i.e. A single Buy order of 1millionusd worth of BTC can cost an extra $50,000 - $100,000 per transaction given a lack of liquidity if not managed correctly and executed on only one exchange. By way of comparison, similar trades on FX exchanges barely move markets a fraction of a percent. Those price changes cost traders money and after investments.

XTRD is launching three separate products in sequential stages to solve the ongoing problems caused by having so many disparate markets: low per-market liquidity, unfamiliar interfaces that lag behind financial industry standard and decentralized execution in crypto.
How will XTRD achieve this, By implementing different process in the buildup. The first one is a multi-exchange FIX API. This is a protocol created in 1992 to serve as the universal communication language for international financial transactions. Since all order systems are different, there was a strong need to
Communicate all executions between brokers, exchanges, mutual funds, investment banks and direct market access participants using a universal format. FIX is the standard means of communication for trading in global equity markets and is also heavily used in currencies, bond and derivatives. An interesting ting to note is that every large institutional and professional market participant users FIX to trade and has been doing so for over 5 years.
XTRD Plans to launch a universal low latency FIX Base API Connecting to all crypto exchanges to make it easy for major institutions, hedge funds and algorithmic traders to access all cryptocurreny markets by coding to just one FIX application in one format. This will bridge large markets participants to easily add multi exchange crypto execution to their exiting transaction system.

To be successful in the world of cryptocurrency trading you must know the market very well, but above all, you must know yourself. Perhaps this is even more important than knowing the market, and your future in the world of crypto may depend on this level of self-honesty.

In general, there are four types of cryptocurrency traders based on the time they take between the opening and the closing of an operation (between buying and selling or vice-versa). You can combine two or more strategies, but the important thing is to know how to distinguish them and the differences in each one. From shorter to longer times, the types of trading are:

Scalping is a type of cryptocurrency trading which is based on buying and selling almost instantly. It is perfect for those looking for a fast trading style. The scalper does not take his eyes off the screen, seeing the variations in real time. These trades typically don’t last more than 5 minutes.
This type of trading requires a lot of leverage to obtain considerable profits, and it involves opening and closing many operations on the same day. The idea is to bet a lot of money to get very little profit but in a brief time.

The analysis of trends is not very important in this type of trading because short-term predictions are less accurate. If you are a scalper, you must know how to make quick decisions. You cannot “get attached” with a coin, and you must be very strict with your limits of Take-Profit and Stop-Loss.

Professionals and active traders these days prefer robust, secured and standalone applications for trading. These applications provide customer support including features development tailored to their customers’ demands. Currently such platforms are yet in existence. The web based exchanges are slow and difficult to use. XTRD will LAUNH AN Application Known as XTRD Pro in 2018. A highly robust multi-exchange standalone trading platform for active traders.
The platform will include features and advanced consolidated order books, hotkey order entry and custom order types, with 24x7 uptime.
STAGE 3
SPA (SINGLE POINT OF ACCESS) Liquidity aggregation/cross-exchange execution)
XTRD creates a single unified point of access to aggregate liquidity across exchanges for traders. This will allows traders to clear out the best possible prices while delivering the lowest possible transaction costs.
XTRD SPA will be facilitated via Joint venture partnerships with existing exchanges to minimize the regulatory hurdles as XTRD will function purely as a technology provider. Exchanges will fulfill the custodial function, while XTRD will clear balances from its inventory accounts at other exchanges to close the trades made by clients within the JV exchange.
Also XTRD will focus on becoming the de-facto trusted, US-based technology platform for large financial players to easily execute on crypto. Revenues will be generated via execution fees, market data sales. VPS Services, software, licensing and other ancillary income streams.

XTRD TOKENS
XTRD tokens will be BASED on ERC20. designed on the ethereum blockchain and will be used as a means of payment by trading participants for services provided by XTRD. This will be created via a token generation event scheduled for q1 of 2018.
STAKING: As XTRD tokens are used to pay for services on the XTRD Trading network, line tokens will be cycled back into the network. Discounts of 25% of XTRD Services (execution, colocation, market data, software licensing) will be available for token holders in general and discounts of 40% on XTRD Services will be available for token holders who maintain an average monthly stake of at least 50,000 XTRD Tokens.
XTRD PROJECT
This project is to build a trading infrastructure (software and hardware) in the crypto space and become one of the first full-services shops in the cryptourrency markets for large traders and funds.
The most important components are:
 A single FIX API for trading across all connected exchanges.
 A robust GUI for manual cross execution on all crypto markets.
 A large liquidity pool, based on order books from all connected exchanges
 Best prices and best top of book execution net of fees
 Low transaction fees
 99.99% reliability and uptime
 Fast execution
 Parent/child orders on multiple exchanges to minimize individual market impact
 Advanced order types Common in the equity and FX trading space.
 Establish XTRD as a premier market-making entity to mitigate spreads and increase liquidity in the cryptocurreny space.
 Derivative trading –XTRD Plans to connect to legerX (US based, approved by the CFTC) for cryptocurrency options and swaps to offer unified hedging and derivate trading strategies.
 Robost , US Based technicial support
 Reliable and familiar development methods for institutions:
There is a plan to initially deploy the servers in NY4/LD4 where many of the large us crypto exchanges already have a point of presence. There are several Exchanges that already has a point of presence in the NY4 Datacenter. To improve latency to Non-NY4 exchanges, we will build custom routing paths using dedicated internet access technologies (DIA).

A diagram below shows how XTRD internet can be fasted compared to the public Network;

Day trading is a short-term trading strategy that consists of opening a few positions at the beginning of the day and closing them at the end. This way, there is a greater range of action and a quieter period of operation, controlling the risks of leaving a trade open for a few days and suffering a change of trends by an unexpected event. i.e., if you live in the United States and leave a position open, bad news from Asian governments may cause a fall while you sleep. In the same way, some good news may generate an increase, but at the end of the day, what matters to the Day Trader is having control over the information.
The most common candles daytraders operate with are candles from 15 to 30 minutes. Sometimes they observe 4-hour behaviors to see if their trading is part of a trend.

They use indicators and technical analysis. The most recommended ones are the MACD and the RSI.

XTRD is a technology company that are introducing a new infrastructure that would allow banks, hedge funds, and large institutional traders to easily access cryptocurrency markets.

XTRD is comprised of a team of veteran Wall Street trading specialists with a mission to unify the cryptocurrency exchanges. This mission has manifested in four products that are all interconnected. These products are a unified FIX API similar to ones already used for high volume trading, a Single Point of Access (SPA) for cryptocurrency exchanges to increase liquidity, a downloadable trading platform to called XTRD Pro, and a centralized Dark Pool for turning crypto into fiat. With a more secure and concrete infrastructure, entities such as banks, hedge funds, and large institutional traders can easily access cryptocurrency markets.

Another issue that can be a problem to XTRD is CYBERSECURITY. Currently all exchanges have public internet connectivity. Even with 2FA authentication and complex passwords, there is still threat of hacking, ranging from simple password phishing to more sophisticated intrusions such as(Man-in-the-middle) attacks where network traffic is intercepted between two parties.
A bad actor can gain access to crypto trading account with an obfuscated IP and simply move funds.
NOTE::XTRD will not allow public internet connectivity to the XTRD private Network. All market participants will connect via IPsec VPN with hardware based IP whitelisted, end to end encoded communications for both FIX and XTRD PRO that encrypt all data packets. All VPS and cross-connects will be on the private network, not accessible to the outside internet.
ROADMAP::
A simplified ROADMAP Diagram can be seen below

XTRD PRO(Q2 2018)
As an advanced trading platform, XTRD have a combined 30 years of experience developing and administering front end systems for active traders in FX and equity, as well as creating and maintaining the back-end systems required to support end trading.

Most cryptocurrency exchanges have an antiquated, bare bones system that is accessed through a webpage with limited functionality. Also huge traffic can affect exchanges. This case leads to the
Disable of an advanced order placed on an exchange in august 2017. This affected traders seriously. Some even lose their money due to stop losses and trailing stops.

XTRD PRO(Q2 2018)
XTRD PRO IN DEPTH- FAST EXECUTION, AGGREGATED MARKET DATA, CUSTOMIABILITY, ADVANCED SCANNERS.
XTRD will introduce fast transaction Execution of orders on the servers and pass executions to exchanges using the FIX API, allowing for faster and more advanced order types that are currently either executed too slowly due to internal network latency or don’t exist natively on the exchanges, or both.

XTRD introduced a service known as SAFT which is an agreement being utilized by XTRD to allow accredited investors and institutions to participate in a future token generation event. It is a token presale open to accredited investors, or those with an annual income of least 200,000usd or net assets of 1,000,000usd,Exclusive of their primary residence. This is modeled after the simple agreement for future equity,or SAFE, Which originated out of Y-Combinator, and when used properly is fully complaint with the securities Act of 1933 and regulation D promulgated thereunder.
Token Generation Event: XTRD will conduct a crowd sales if necessary to accredited investors under Reg D and Non-accredited US investors under Reg S. Non-acreditied US investors will not be allowed to participate in the Token Generation Event to ensure proactive compliance with current us securities laws and regulations.

TERMS USED IN TOKEN SALES:
XTRD TOKEN GENERATION EVENT (TGE) : XTRD will generate tokens only as funds arrived.
TIMELINE-Q1 2018: Institutional private sale SAFT platform accredited presale ---pre-sale---TGE/public Sale---Institutional private sales,public sales will take place at disounts,tokens will be generated and sent to whitelisted participants at pre-agreed discount as the TGE occurs.
TOKEN PER VALUE: $0.10 PER TOKEN, PEGGED TO USD
XTRD TOKEN GENERATION

50%- Token Generation Event: Event tokens will be sold via SAFT followed by crowd sales if necessary.
29%-XTRD Reserve; These tokens will be held in reserve by XTRD
10%-TEAM: Team will have their share of the token for job well done and will be subject to 180-day vesting period from the date of the token generation event.
10%- Advisor pool: for project advisors.
1% - for bounty hunters

As of January 2018, there are over 120 standalone cryptocurrency exchanges, facilitating trading in more than 1000 individual markets. Daily trading volume for cryptocurrencies is now equivalent to 20 billion USD, with a total market cap of over $700 billion. The majority of the trading is concentrated among the top 20 exchanges, denominated in multiple currencies ranging from crypto ones including Bitcoin and Ethereum to sovereign ones such as USD, GBP, JPY, CNY, and KRW, among others. Predictions point to growth toward a $1-2 trillion market capitalization in 2018, and a corresponding 3% average daily trading volume of $50 billion or more.

Asset managers are beginning to see increased demand for cryptocurrency exposure in their portfolios, over 500 active funds are being created to enter the market in 2018, and the regulatory climate is warming. However, the market is nascent, and large spreads are common between exchanges on the same crypto pairs, allowing for ample arbitrage opportunities that don’t exist in more efficient markets.

The inefficiency is a product of cryptocurrency trading markets being highly fractured in terms of execution, account setup, automated access, liquidity, execution speed, pricing, and security.

XTRD was created by finance and trading professionals to solve those problems by both improving on and consolidating current trading practices.

X TRADE (XTRD) TEAM