Investing in cryptocurrency takes time, effort and a mistake can cost you a lot. Kryll.io, a new product, aims to become a game changer. The platform, which begins its chip sales in February, offers intuitive ways to create and execute trading strategies automatically.

The crypto market is experiencing remarkable growth and pressure is strong. Run by Cryptense, a full-stack Blockchain company, Kryll.io was founded by crypto-enthusiasts who knew all the obstacles and risks of encrypting on their own skin. Team members say that they have been in the picture since the early days of Blockchain. According to Kryll's website, the co-founder of start-up Philippe Longère (CTO & Cryptense R & D manager) has already developed a few bots to automatically execute trading strategies.

Intuitive platform definition strategies

data, prepare the right strategy and execute it 24 hours a day in moving markets is not easy. "The discipline of steel and the cold head had to make the right decision at the right time," the company said in its white paper. "Trading is also a very technical area where your field of expertise should range from the ability to perform technical analysis to automatic learning and semantic analysis."

The platform aims to support exchanges around the globe. The architecture of Kryll encompasses several servers in Europe, Asia and North America, allowing the execution of strategies.

The list of the top ten exchanges supported by Kryll includes Bittrex, Coinbase, Cryptopia, HitBTC, Bitstamp and many others.

Winning by Sharing

Kryll tries to make crypto traders' lives easier with an "What you see is what you swap" interface (WYSIWYTTM). Technology makes it possible to design trading strategies and to test them. Once the strategy proves that it works, users can put their tools online for their account 24/7. The application of the project makes their life easier.

In the era of the Blockchain, everything is a question of sharing. On the Kryll platform, users can also praise their winning strategies to help fellow merchants and, of course, receive income for their generosity. The market will also feature a chat section related to each strategy, where people could receive advice from other users. Strategies on the market will be evaluated by users

The founders of Kryll also plan to hold competitions, where people will develop the best strategy in a limited time. The winners will be rewarded by Krylls, the internal chips of the system

Flow Design

The Kryll system has five major families of blocks to build a strategy:

The first is called "Market Trends", providing an analysis of trends, such as price fluctuation, technical data analysis and prognosis based on machine learning.

The second type of blocks, "Trading Shares," allows you to buy, sell and your assets, or stop trading activity if necessary. The third is' Signals', a qualified Telegram channel or social network analysis by professional traders

The Operators' Blocks & # 39; organize data flows and signal interactions, for example when BTC receives positive comments on Twitter. Finally, the "Notifications" blocks inform users of the status of a strategy via SMS, e-mails or smart notifications.

Cryptense SAS a Blockchain company behind the Kryll project, is based in Europe. Sophia Antipolis technological park in the south of France. In December 2017, Cryptense collected 200,000 Euros from private investors before the symbolic sale.

The trade in cryptocurrencies such as Bitcoin, Litecoin, Ethereum and Ripple exploded last year. By the end of 2017, the daily trading volume in the crypto markets matched that of the New York Stock Exchange. According to CoinMarketCap, by the end of December, the daily volume of cryptocurrency transactions had peaked at more than 50 billion.