XchangeRate TOKEN REVIEW



INVEST NOW at https://tokensale.xchangerate.io/en/

INTRODUCTION


What is XchangeRate.io?

XchangeRate.io is:

 A intelligence leveraged trading platform powered by automation 

A strategy sharing marketplace for traders 

A Community of Cryptocurrency Traders


MISSION

To provide a platform with an array of essential, powerful and valuable trading tools using augmented intelligence.  

Who is building XchangeRate.io?
XchangeRate.io is created by Think AI Inc., a Blockchain & Software Development company based in the Victoria, Seychelles.

What kind of token is XRR?

Xchangerate (XRR) is an ERC20 based token. The amount of tokens is definitive and XRR are premined.

What is the purpose of the XRR token (XRR)?

XRR coins can be used as payment to subscribe for platform access and designed as Utility tokens for token costs of strategy-sharing and adoption amongst users and traders on our platform.

How many coins are there in total?

235,000,000 Tokens will be in circulation if the Token sale hard cap is reached, this figure comprises of bonuses, airdrops and bounty. All unsold tokens will be burned. 15,000,000 Tokens are preserved for Project Owners and will be frozen for 9 months after ico sale is over

What cryptocurrencies are accepted during the sale?

Accepted cryptos for payments are: BTC, ETH

What wallet will i need to hold my tokens?

You can keep XRR tokens on your tokensale.xchangerate.io dashboard or use (e.g.) MyEtherWallet.

Problem

Cryptocurrency is notoriously volatile and can provide barriers to entry, as evidenced by Bitcoin. The Bitcoin price index grew from $367 in January 2016 to over $4000 at the end of August 2017 and experienced explosive growth in Q4 of the same year , but the market saw wild upward and downward swings in the short terms.




SOLUTION


The XchangeRate Robot (XRR)




XchangeRate Robot


Product Concept

XchangeRate.io is a data-driven robot that makes decisions based on the 'buy' and 'sell' attitudes on the cryptocurrency exchanges and user parameters. Plugins and APIs feed the robot its data and unique metrics provide its analyzing power. XchangeRate is a platform that will keep the number of supported exchanges it trades with via API increasing.

Mission Statement

To make data analysis and interpretation of derived metrics easier and to link it in real time to the market, so that the user can use the automated software to make gains.

Vision Statement

Interpreting Dataflow of token metric and market instruments through in-depth research and the application of Artificial Intelligence to derive value and maximize benefits

Platform Ecosystem


The (Coin Monitoring Board)

The Coin Monitoring Board is a dashboard panel that tabulates the analyzed data from different data sources and displays it in a way a trader can sort to identify the market sentiments around available coins on the exchanges.

The Automation Robot

The Automation Robot is the part of the XchangeRate platform where strategy settings can be issued to the robot to automate trades using API and secret keys.

The MVP

The MVP is the part of XchangeRate’s automation that does not require username, password, API or secret key but uses a preset to filter markets with price action.

The Marketplace

While the Marketplace is the data hub where strategy, users, and performances are tabulated for users who want to adopt strategy can come to implement other user’s strategy in exchange for XRR tokens.

Who is the Project for?

The project is targeted to Cryptocurrency Traders for use. They will require XRR tokens to subscribe to the regular use of the robot. The XRR token holders are those that will supply the XRR token for use to subscribers through centralized and decentralized exchanges

Building the Robot


XchangeRate Foundation
The XchangeRate Robot gathers data across multiple platforms for analysis using metrics for intelligent filters. These data have structures that give them an immense historical value that can be used for trend and forecasting. XRR implementation of these structures will allow for the archiving of these data assets in patterns that break specific user information away to store data, data sources, strategy and time in a way that can be used for valuable analysis. This will be an age long commitment XRR team will engage to leave these data as a contribution to analyzing markets – a valuable tool for research.


Decision Making
The XchangeRate Robot (XRR) is built upon a series of algorithms to detect and make decisions on buy/sell attitudes. The Relative Strength Index (RSI), is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. Signals can be generated by finding divergences and failure swings. RSI can also be used to identify general trends.

Metrics
Price Relativity Ratio (PRR) is a ratio that compares the global price of a coin and the Ask/Bid on the exchange. The ratio bases its assumption on the fact that the price on the exchange tends to the global price. However, it would be safe to use some other indicators to strengthen the argument that the PRR provides. 

The Suitability Index (SI) is the index that measures the average rate of coin traffic or demand on a coin on an exchange. It seeks to inform the trader if the demand is incremental or decremental. It helps the trader to make a buying decision based on how soon the trader would like to exit the trade.


Application Methods
The XchangeRate robot has a console where the data read from over all the platforms is presented to the trader to help ease the decision making process. The trader can make informed choices based on the strength of the indices provided. This console is named Coin Monitoring Board (CMB). The CMB provides the RSI, MACD, PRR, FR and the SI very handy to the trader. However, the XchangeRate robot is designed as an automated tool to function as a smart buy and sell robot using these indicators as the elements used to filter coins on the exchange.

How it works
XchangeRate frees the trader from the complexity of reading graphs and charts and helps the trader with readable data easy to interpret for immediate automated or informed decisions. Essentially, the product is a Trading Robot that combines these feeds into the algorithm for intelligence and meaning. The intelligence enhances market movement picks and helps the robot in making entry and exits with accuracy

Business Model
The XchangeRate business model combines the subscription model and the internal value chain of tokenized-incentive-based strategy model. XchangeRate charges minimal subscription fees to subscribers who run the Automated bot and the Coin Monitoring Board using the Bitcoin or XRR Tokens. However, internally the XRR Coin is the currency that would be used to exchange value between the strategy initiator and the strategy adopter, with a fee for such transaction on the XchangeRate platform.

XchangeRate token

Token Detail


Token Distribution


THE ALLOCATION OF FUNDS


So join now and invest at https://tokensale.xchangerate.io/en/


Source- https://tokensale.xchangerate.io/en/


MORE INFORMATION  :


Authorized By:

My Bitcointalk account : jagadlangit

My ETH address : 0xA2BFa48A6AfEFaBF498B6541f609E6cef4700D91




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