Swapzilla - trading pair on the exchange
Cryptocurrency trading can be very challenging at first, especially because it takes a lot of commitment and research to understand how digital currencies work. Usually it is recommended for beginners to borrow advice from those who have traded cryptos longer than them. In this way, new traders will avoid making mistakes on crypto exchanges that could potentially cause large losses. It is also possible to find informative information from the internet and other sources that help prepare traders who want to invest in cryptocurrency
I am talking about Swapzilla, a platform that will be suitable and comfortable for every player in the cryptocurrency market. Regardless of whether it's a trader, a news channel or a company that develops trading algorithms, every player will have the opportunity to interact effectively and exchange information and data on the Swapzilla platform. Swapzilla is a platform whose success will ensure that the crypto market reaches mass adoption.
What is SwapZilla
SwapZilla is a well-built platform, which creates value for clients and partners. Through our platform, users will be able to get access to almost all crypto assets. Exchanges will be able to double their client base and get additional sources of income. We want the user experience to be as comfortable as possible, which is why we provide the opportunity for self-configuration of personal accounts and connecting or deactivating various additional tools and modules (managing trading windows, setting up news feeds , etc.).
Swapzilla is not just a cryptocurrency trading site, it is a revolutionary financial platform. This means that it is designed for the best execution of customer orders. Many flexible tools have been created to meet all customer trading needs and strategies.
There are various types of orders. First of all, these are basic buying and selling orders at the current market price, as well as pending orders. In addition, operators will be able to adjust various order parameters as follows:
The order is "turn". Swapzilla is waiting in line with customer requests. When a free window appears, it is run at the best order price. If the order is not fully processed, it is placed in a queue.
"Run or pull" (FOK). As for orders in the queue, the transaction is carried out in full or, if the order cannot be completed, it will be canceled. Operators who work with active strategies and place large sales orders usually use this type of order.
"Immediately or decline" (IOC). Orders are executed in full or in part based on the price of the best counter order. Balance removed from queue.
"At the same price." Sales orders are not executed properly, but at the same price: this occurs in a different version.
Cascading orders are needed when you need to sell large amounts of cryptocurrency.
The workings of the different platforms are explained here. Orders will be executed depending on parameters set by the merchant:
"Day Order" is a direction for the platform to trade at a certain price
that ends at the end of the trading day if it is not finished. The unfulfilled portion of the order was deleted.
"Fill or Kill" (FOK) is a direction for the platform to make transactions immediately
and completely or not at all. This type of order is most often used by active traders and is usually for a large number of tokens or crypto currencies. The order must be filled in whole or canceled (killed).
"Immediately or Cancel" (IOC) is an order to buy or sell a crypto asset, which executes all
or part of it immediately and cancels the unfilled part of the order. An IOC order is one of several "order duration" that an investor can use to determine how long an order remains active in the market and under what conditions the order is canceled.
"At the same price"
When a cross order is carried out at the same price, the order is completed at the price and
volume of other orders - the remainder is placed in the queue of the order with the price of the
"Order cascade distribution"
By using our platform, users have simultaneous access to all offers on
the same asset on many different exchanges. When buying crypto currencies in large quantities, traders experience a depth of market problems - bigger trades are less profitable than smaller trades. To overcome this problem, the SwapZilla development team has developed an algorithm for the distribution of the order cascade between different exchanges to minimize costs associated with the sale of a large number of assets. This system statistically assesses
"market depth" and the probability of buying ASSS given at a certain price on all connected exchanges. Then, the algorithm "divides" the order and places it in parts at different exchanges, eliminating the depth of the market problem.
SwapZilla, with a ticker symbol (SWZL) will be created based on the Smart Contract from Etherchain Blockchain.
SWZL owners will have the opportunity to get a share of our trading platform revenue and can be the first to take advantage of new tools and opportunities when they are introduced to the platform. The characteristics of SWZL tokens make it very similar to bonds) - holders will receive a stable income from SWZL (similar to coupon income) and in the future will be able to sell it on our site. Total atoken will be 30 million SWZL tokens.
For Swapzilla resources:
Twitter: https: //twitter.com/swapzillaco
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BITCOINTALK PROFILE NAME: Jooo12
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MY ADDRESS ETH: 0xF9448Ed4f479c2c337092C98aDa5B0e71Ec01b00