Do you want to be in the cryptocurrency make ends meet? Problem, you are not an expert in this field? In this case you will be interested in the automated trading and in particular through the services of the crypto platform kryll.io.
Exactly, the marketplace for crypto trading just launched V2. In this article we present you the Characteristics of the New version from kryll.io.
What is Kryll’s trading platform?
kryll is a crypto trading platform. Discover the peculiarity of the Kryll project.
What is Kryll.io?
As a crypto trading platform, kryll allows you to buy, sell and trade cryptos on the market. The particularity of this platform is the use of powerful tools that allow the application of automated strategies. Basically, on Kryll, the trading is done by robots, not by you! These robots (or bots) are specifically designed to trade in an “intelligent” manner. In fact, their technology is a mix of artificial intelligence and machine learning.
The Kryll project officially dates back to February 2018. It was on this date that the ICO (Initial Coin Offering) was launched. The ICO ended in April 2018, after which a first version of the platform was launched at the end of August 2018.
What is a trading robot?
The first advantage of a trading bot is that it does the work for you! Indeed, with a trading bot, you don’t need to be an expert in finance and the market to make money!
Another important advantage is the speed of a trading bot. If you follow crypto a bit, then you know that crypto prices are very volatile. Also an important part of success in crypto trading is the ability of the trader to place an order on time! However, trading robots are unbeatable for this! Thanks to their technology, they can apply the right strategy in function of the market conditions. When the conditions are then met, the robot can place an order (buy or sell) in record time.
New V2 Kryll Marketplace Features
The first version of the platform dates back to August 2018 as mentioned above. But since then, the platform has evolved and got the latest developments to provide more and more services and solutions. A version 2.0 even just landed. Check out some highlights from the new Kryll release below.
The version 2.0 GUI includes a powerful search tab. This allows you to directly reach the object of your search without getting lost in the menus and submenus. For example, with this tab you can directly type the name of the crypto that interests you.
Once you’ve chosen your strategy, you’ll have access to a lot of useful information and indicators, such as: The name; The profitability; The risk level; It’s history; His average win rate (per day, month or year); A projection of profits based on its history.
To make your job even easier, the platform has implemented filters at the level of trading strategies. With these filters you can quickly find the strategy that matches your wishes and expectations.
In particular, there is 5 filters about the characteristics of a crypto strategy such as: profitability. As the name suggests, this filter allows you to rank the platform’s various strategies based on the potential profit. Three levels of profitability are offered: low, medium and high.
The trading frequency. This filter allows you to classify the strategies according to the desired trading frequency (high or low).
the risk level. Any trading strategy involves risks. In general, the risk is directly proportional to the potential profits generated.
l’historical. This filter allows you to access the history of each strategy (if available). This will give you an idea of the performance of this trading strategy over the past few months.
the friendly. This filter allows you to see the so-called “Live” strategies, ie currently used by Kryll users. You can also select only Open Source strategies, that is, the ones whose code is available.
The packages are one of the important new features introduced in this V2. These packages give you access to assets grouped by theme. For example, have you heard about the great potential of the metaverse and want to jump on the bandwagon? Or do you want to bet on NFTs? In this case, the packages have something for you!
On Kryll you can select different packages such as: Defi; NFTs; metaverse; Gaming ; etc.
The importance of these packages is twofold. On the one hand, you can bet on a domain without having to know the main assets that make up it. On the other hand, it allows you to diversify your investments. As explained above, a pack is indeed a basket of various assets. In other words, by using a pack, you are not putting your money on one and the same asset. This allows you to lower your risk level. If the price of one asset that is part of the package falls, there is a chance that the price of another will go up.
For example the pack associated with the metaverse consists of the following tokens: 25% Enjin Coin (ENJ); 25% Axie Infinity (AXS); 25% The sandbox (SAND); 25% Decentralized Land (MANA).
Are you looking for new income in this time of inflation? Get started with crypto trading! With the Kryll Platformcrypto trading has never been easier!