Day trading cryptocurrency definitely isn’t easy
As the world of cryptocurrencies has been exploding throughout the last 12 months, so has the interest of trading cryptocurrency. A popular approach is simply to buy a cryptocurrency and hold on to it for a very long time. But another way of trading which has been popular in the traditional financial market for years is day trading. In this approach, you don’t hold onto your funds for a very long time, you buy and sell within days, hours or even minutes. This approach comes with more risk than a long-term hold strategy, but also has the potential to result in way higher profits, and quicker. It is, however, not easy and something that takes a lot of dedication, skill, and information to master. According to research, around 90% of all people who daytrade, actually end up losing money, which just shows the difficulty of it. But, what if you had someone to help you out with your day trading efforts? That’s exactly what XChangeRate is, a platform which offers a wide range of tools to help you increase your chances of making a profit. You can manage all your trades within one interface, and you will receive buy or sell signals calculated and analyzed from various sources and information which is being fed to an advanced augmented intelligence bot.
Trade on multiple exchanges on a single interface
One of the unique aspects of the cryptocurrency market is that there are a ton of coins. If you want to create a diversified portfolio or want to trade a wide range of different coins, chances are that you have to utilize multiple exchanges, as no exchange has all coins listed. This can quickly become a bothersome procedure, which is why XChangeRate will integrate the API of multiple major cryptocurrency exchanges into their platform. This means that you as a user can trade on multiple exchanges at once, all without having to log in and manage several accounts. This gives you a clear edge when executing trades cross exchange. As previously mentioned, the XChangeRate platform will give you information and knowledge about crypto trading, but if that is not enough, you can also exchange information with other users of the XChangeRate platform. To make their platform run around, XChangeRate is launching their own ERC20 token, XRR, which is used by users to pay a monthly subscription fee in order to gain access to the platform. The XRR token can also be used to purchase inside on different successful trading strategies and information.
To fund their project, XChangeRate is raising funds through an initial coin offering (ICO), selling their ERC20 token XRR. XRR tokens are going to be an essential part of using the XChangeRate platform, so a natural demand is creating relative to the popularity of the platform.
The token sale started the 6th of April
The token sale ends the 9th of May
10,000 XRR = 1 ETH (Bonuses are available for different phases, see chart below)
- Maximum amount of tokens minted is 250,000,000 XRR
- A maximum of 235,000,000 XRR will be for sale during the ICO
- Hard cap is 18,000 ETH
- Soft cap is 2,000 ETH
To view the entire team, learn more about them and their advisors, visit the official website at: https://tokensale.xchangerate.io or read their whitepaper here: https://tokensale.xchangerate.io/en/whitepaper/en/
If you find this project interesting and wish to learn more about it or their token sale, you can visit the following links below and read their whitepaper. To keep yourself up to date on the project, you can follow their social media accounts also linked below.
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