The Future of Portfolio Management
Blockchain technology adoption and integration has proven to be the future for organizations and governments throughout the world. Although we are still considered to be in a stage of infancy, cryptocurrencies are here to stay. Society is inching each day towards a trustless global economy with the utilization of blockchains to distribute information and assets on a global scale.
As market capitalizations and diverse cryptocurrency transaction volumes continue to surge, the need for a secure and a dynamic asset allocation and portfolio management platform is essential.
The majority of cryptocurrency transactions run through centralized exchanges (CEX), which serve as legal custodians responsible for billions of daily transactions and are subject to various risks and in many cases, they function on single points of failure and control. Further, centralized exchanges normally require KYC and AML verification, facilitate fiat on/off-ramps, and store a majority of sensitive customer personal information, account balances, portfolio allocations, and fund positions.
Alternatively, the use of a decentralized exchange (DEX), runs on a distributed ledger and do not facilitate fiat on/off-ramps. And unlike central exchanges, these platforms do not hold their customers’ personal information, account balances, portfolio allocations, and fund positions.
For more information on CEX vs DEX, review Totle’s recent article on centralized and decentralized exchanges:
https://medium.com/totle/why-decentralized-exchanges-are-thefuture-of-crypto-trading-89aac3c81e0
It is clear that the usage of decentralized exchanges have favorable advantages over centralized exchanges, however DEX platforms restrict customer acquisition and adoption compared to CEX platforms due to several obstacles including: usability, functionality, speed, interoperability, and liquidity which is why 99% of cryptocurrency traders utilize unsecure centralized exchanges such as Coinbase, GDAX, Binance and Bittrex.
What if you could have the best of both worlds as an amature or professional trader? What if there was a single trading platform that would allow you to manage your trades within a single interface that is fully integrated with multiple decentralized exchanges and empowers you to manage your entire portfolio with complete control and simplicity?
A dynamic group of trading and technology professionals have been on a mission to develop a tool where this is now possible. Introducing Totle, an easy-to-use crypto portfolio management and decentralized trading platform.
While having a diverse portfolio is great, the complexities of managing multiple wallets across multiple centralized exchanges for all your assets can become a memory of the past with the use of the Totle platform. With Totle, you can dynamically allocate your assets with just the touch of a slider. You can now even buy and sell multiple tokens in one transaction on the blockchain.
The days of logging into four or six exchanges at once is over. Totle will not only save you time, but it will also help you manage all of your assets more efficiently leading to increased trading profitability and portfolio management.
Totle’s objective is dedicated to focusing on the experience of re-balancing a portfolio of crypto assets (ETH and ERC-20 tokens to be specific) by moving around sliders representing allocation percentages, easing the process of trading in a decentralized manner.
Integrations
All trades occur on an aggregate network of decentralized exchanges behind the scenes with integrations with some of the top DEX’s such as Bancor, Airswap, Kyber, EtherDelta, and many other 0x relayers.
Bottom-line, Totle is the easiest way to maintain a balanced, secure crypto asset portfolio as all trades are made directly from your ERC-20-based wallet.
Totle is officially launching their Platform in June of 2018 and we look forward to additional updates and developments from the team.