Hello Reader,
Simple Yet Powerful Trading Strategy
Trading confuses even the finest of intelligence and then there can be chaos everywhere. Hence to cut down such incidents, it is better that a professional trading tool takes its position to create simple drag and drop strategy builder.
In this write up you would get to know other facts of KRYLL that make it altogether the numero uno in Crypto Trading Industry.
The KRYLL Companion App
There is a KRYLL Companion App that allows you to connect to the world of trading and get notified about all the nitty - gritties of crypto trading world. You shall be notified about strategy runs besides crypto trading status on the go. Another best aspect that makes itself to be in the limelight is interactions with strategies that have been either selected or designed by you. Due to such a concept, you are free to control trades any time you wish to.
Third in line is the Exchange Support, here you understand one simple fact and it is that KRYLL.io platform would be interconnected through API to exchanges. Such a connection establishes another platform for you to trade any coin of your choice.
Besides an individual shall be enabled to use one platform in order to manage all strategies at one place!
Now this is what we call advancement and proper use of technology in crypto world. Below given are the exchanges that support KRYLL platform - Bittrex, Cryptopia, Poloniex, Bitstamp, Kucoin, Coinbase / Gdax, Binance, YoBit.net, HitBTC and Liqui to name a few.
Some of you may also be aware of one simple fact and it is that crypto currencies are actually traded all through the day and hence it is necessary for someone to keep an eye on what is going on around. Therefore, to accomplish this, KRYLL introduced the automatic infrastructure.
Moreover, when there is use of technology then there can be a case of misuse as well and so API key would never allow withdrawal of funds. Due to this factor all currencies remain secured.
Let us now have a look at how will strategy cost, cost governance besides the community provided plans work. This shall indeed make things vivid when the talk is about KRYLL crypto trading platform.
What Would Be The Strategy Cost?
Utility tokens or KRL tokens form to be the basis to withhold a platform like KRYLL, which in turn is a live trading platform. Before you move forward it would be plus point if you are also in the know - how of how live trading works.
All live trading strategies execution on KRYLL is going to cost some energy that is KRL fractions and no one would be able to deny this fact.
Number of KRYLL fractions would however depend on task undertaken therefore you must make a note of this aspect. While on the other hand, strategy creation besides sandbox testing as well as backtests remain free of cost to all the users.
There are some more points that an individual as a member of KRYLL has to keep in mind and here we are talking about variations in token value. It is time and tested formula that in trading there is nothing constant and hence a system is to be maintained in order to keep a track of things. And so autonomous decentralized smart contract assesses once in 48 hours as to required energy.
Finally and the most important aspect here is that KRYLL is never going to charge on either strategy sharing or the strategy renting. While on the other hand, as for KRL token allocation and especially for funds usage, 54 % is for platform development and the rest of them has been divided as well in an order.
15 % funds have been allotted for exchange partnerships, 18 % goes for marketing expenses apart from user acquisition. Another 9 % is for operational costs inclusive of office and hosting with 3 percent set aside as security reserve. Finally 1 % is for legal expenses thus a proper distribution of KRL tokens can be seen here. This is how will the KRYLL team is going to work towards crypto trading platform.
Kryll Team
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Regards,
@sudhakark