Let me introduce you a cloud-based algorithmic trading service www.robotrade.online
**Now the service is in beta and is absolutely free**
## INTRODUCTION
Algorithmic trading has a number of significant advantages:
1. The speed of analysis, decision making, the number of operations
performed
2. Round-the-clock work, overwhelming for a human being
3. “Human factor” influence decreasing (due to a bad mood,
absentmindedness or fatigue) and strict adherence to the trading strategy.
The increasing of the algorithmic traders quantity is a global trend, there are,
however, some problems for traders:
* The difficulty of programming bots by a user; high-quality solutions require
a high technical threshold for entry, due to being written in their own
programming languages
* Dependence on infrastructure (servers, settings, uninterrupted operation
of software and stable Internet connection)
* The relatively high entry price, especially for traders with small deposits
(the price of the programming, servers, support, or rent of off-the-shelf
solution don’t justify expenses)
A logical way of developing this area is cloud services of algorithmic
trading.Developers fully bear all the costs of creating trading robots and servicing
all the infrastructure required for the smooth operation. Traders do not have a
need to program all the necessary elements of robots from scratch or create an
expensive infrastructure.
Access to robots and all the settings are carried out through a simple web
interface!
We decided to create such a service and solve the last problem - the cost. A
flexible pricing system with a minimum price of $5/month will allow any trader to
feel comfortable. The service is paid on a subscription bases, so the user can
refuse the service at any time without bearing unnecessary costs.
## PROJECT DESCRIPTION
Robotrade.online is a cloud-based algorithmic trading service that is designed for
24/7 automation of trading operations. It provides simple algorithms, as well as
complex customizable and full-fledged constructor of trading robots. A web
terminal with advanced functionality is designed for more comfortable trading and
using non-standard functionality for exchanges, additional analysis capabilities,
etc.
The project goal is creating an optimal and stable cloud-based algorithmic trading
service and web terminal with advanced functionality.
Project Objectives:
Primary:
* Creating the service core
* Connection to the most liquid cryptocurrency exchanges
* Creating a web interface for managing trading robots and additional
* Creating a web interface for managing trading robots and additional functions of the service
* Creating a web terminal
* Creation of the robots constructor
* Creating a strategy tester for retrospective analysis
* Development of connectors to traditional markets.
Secondary:
* Creating an online wallet with the possibility of staking coins, paying for
services, buying project tokens
* Creation of service for monitoring trading accounts, allowing anyone to
conduct their public profile and open monitoring of trading accounts to confirm
the success of trading and automatically analyze trading accounts (similar to
myfxbook.com for the cryptocurrency market)
Already done:
* A working beta version of the algorithmic trading service is available for
users
* Beta version of the core, having the ability to work both on the spot section
and on the margin
* One simple type of robots: grid of orders with averaging
* Connection to two exchanges: Binance, Bitfinex, Bitmex, OKex
* Web interface for working with robots and exchanges
* There are developments of the strategy tester and the robot designer
*Settings concept for the robot*
## Business model
is SaaS (Software as a Service), a service model in which
customers are provided with ready-made application software that is fully
serviced by the provider.
Sources of profit:
* Subscription to services (trading robots, advanced terminal capabilities,
etc.), the minimum price is $5 per month; the user can increase the number of
services used, thus the price increases.
* Fees from online wallet (withdrawal, staking, etc.).
* The cost for promotions (bonuses, contests, special conditions for certain
exchanges, coins) is discussed individually.
## RTO token
RoboTradeOnline (RTO) is a token of the robotrade.online service (as well as all
future ecosystem services), which provides access to unique bonuses, discounts,
and exclusive offers. The main goal of the token is increasing the attractiveness of
services and improve the user experience when working with the service.
Token Information:
Name: RoboTradeOnline
Ticker: RTO
Type: TRC10
Kind: Utility;
Emission: 100,000,000 tokens, additional is not provided.
Token RTO is Utility token (not a Security). It is Tron based token (TRC10), whereby
all transactions can be absolutely free, also access to the decentralized exchange
Poloniex.org, which will be the first exchange for.
Tokens will be sold exclusively through exchanges.
Token can be used:
* As a payment for any services at a discount.
* To get an additional discount for keeping the token on the balance.
* To participate in bonus programs for keeping the token on the balance.
* For additional use cases (with development of the ecosystem).
There are discount for token payers:
* 20% in 2020;
* 10% in 2021 onwards.
Additional discounts and bonuses for keeping a token on the balance (may be
revised due to a change in course or other circumstances):
* 1 free simple robot for every 10,000 tokens.
* 1% discount on payment for robots (up to 10% is added) for every 10,000
tokens.
* 1% discount on other service commissions (up to 50% is added) for every
10,000 tokens.
[Whitepaper V1.0](https://docdro.id/zskkwyz)
https://t.me/robotrade_online - channel
https://t.me/robotrade_en - chat
https://twitter.com/robotradeonline
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