Smart Token (SMRT) IEO on ChainX

ChainX
ChainX Exchange
Published in
3 min readSep 4, 2021

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WE ARE TRADING SMRT

By developing our trading algorithm, we managed to execute automatic trading operations between various exchange houses (centralized and / or decentralized). The main strength of Trading SMRT lies in the exact timing, since the algorithm executes the operations in real time, that is, the moment it discovers the gap, it takes the lowest purchase price and immediately sells on the most expensive site.

TRADING SMRT

In the world of crypto currencies today there are thousands of currencies, and hundreds of exchange houses, which, depending on the geographical location where they operate, tend to present differences in the price between them.

This opens a gap to the opportunity to take advantage of these differences to generate arbitrage operations, seeking to make a profit. While it sounds simple enough, there are many factors to consider when choosing to trade in that price range that cannot be taken lightly.

To mention some of them we can talk about:

  • Projects with the same name or initials of description
  • Exchanges with offline wallets or in different Blockchains
  • Lack of Volume
  • Deposits blocked requiring manual approval by the Exchange
  • Trading Commissions
  • Timing, among others….

To all these variables, Trading SMRT presents a solution according to its AI algorithm, developed for the platform, and on which the main advantage of the Project is based.

The TOKEN SMRT, once listed to operate in different exchange houses when the platform operates definitively, will allow avoiding trading on Projects with a similar name or the same description in Initials.

Advantages of TradingSMRT

AI Algorithm

Trading SMRT presents a solution according to its AI algorithm, developed for the platform, and on which the main advantage of the Project is based.

All Operations Done By BOT

When working with different exchanges, if the wallet of one is offline, or with a charging problem, the system will automatically go to the next one looking for another price variable and leaving it without action until it is operable.

Lower Risk

It reduce the risk of loss during arbitrage. This will allow us to take advantage of TIMINNG in a REAL way. After a time stipulated by the platform. The BOT will recover the funds from all the exchange houses with which it operates, and will send them to the Pool.

Price Difference Calculation Benefits

Each operation to be carried out by the SMART BOT will already consider in the price difference calculations, the network fee for the transaction, plus a % of the withdrawal cost. In this way, when transactions are carried out, the price difference plus the operating costs will already be covered.

Security

The differential key of our platform lies in the integration of skills and knowledge in an innovative model that provides a simple and secure user experience. With just a few clicks, our users will be able to use their SMRT token within the platform, to carry out different operations, monitor them, knowing their location and volumes, and the results obtained, among many other data of the process.

How it works

The Trading SMART will facilitate the task through its platform. The user will have to make three central decisions

  1. The number of SMRTs that he will enable in his wallet.
  2. The moment to carry out the transaction beginning.
  3. The number of transaction cycles that his SMRTs will run.

The users will be able to use their SMRT token within the platform, to carry out different operations, monitor them, knowing their location and volumes, and the results obtained, among many other data of the process.

Benefits of using and investing in TradingSMRT

  • Transparency: Transparency constitutes a central axis in the framework of Trading SMRT operations since our focus is to empower our users and promote their investments based on trust in the process. we generate an atmosphere of transparency and encourage the user to enter the platform at most every 48 hours, in order to validate their investment decisions.
  • AI Algorithm: Trading SMRT presents a solution according to its AI algorithm, developed for the platform, and on which the main advantage of the Project is based. The volume will be given, by the pairs chosen by the BOT, but always taking as a parameter the 10 currencies with the highest volume of movements per minute.

Trading SMRT is a platform based on the arbitrage of crypto currencies.

You can participate IEO and check more details from this website (https://chainx.kr/)

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