#auction platform #blockchain technology #algorithmic trading

WHAT IS TRADINGENE?

Tradingene is a blockchain technology based auction platform that uses algorithms to trade cryptocurrency and other financial instruments. It provides investors access to high-quality trading algorithms as well as gives algorithm creators access to investors at reasonable prices.

Algorithmic trading is nothing but a process of using computers programmed to follow a defined set of instructions (algorithms) for placing a trade, to generate profits at a speed and frequency that is impossible with manual (human) trading.

PROBLEMS WITH CURRENT MARKET

More than 90% of traders lose money. There are many reasons for this:

People with little knowledge about financial market trade without prior training.

A vast variety of trading platforms and tools offered without training and advice, leading to failure to use the important capabilities of the trading platform.

Emotions – fear, arrogance, greed, pride and excitement while trading.

Algorithmic trading is the answer to all the above problems!

ADVANTAGES OF ALGORITHMIC TRADING AS COMPARED TO MANUAL (HUMAN) TRADING

Uninterrupted 24x7 trading – around the clock trading without the possibility of getting tired or losing focus.

– around the clock trading without the possibility of getting tired or losing focus. Greater accuracy – no confusion with “buy” and “sell” buttons, accurate representation of numbers (does not accidentally add zero), always uses proper strategy.

– no confusion with “buy” and “sell” buttons, accurate representation of numbers (does not accidentally add zero), always uses proper strategy. Higher decision -making speed – reacts to signals far more quickly than humans, which is a crucial factor during crises, in generating positive returns.

-making speed – reacts to signals far more quickly than humans, which is a crucial factor during crises, in generating positive returns. Flexibility - easily adapt to continually changing market condition with modern strategies based on machine learning and neural networks.

- easily adapt to continually changing market condition with modern strategies based on machine learning and neural networks. Portfolio of algorithms – providing the benefits of diversification and offers unique risk-return combinations.

CHALLENGES FACED WITH ALGORITHMIC TRADING

Algorithmic trading has not yet taken over cryptocurrency investors or markets because of various reasons:

Algorithm creators and investors have not been able to interact successfully.

An absence of high-tech environments for developing and testing strategies.

An absence of effective mechanisms for fund-raising.

The absence of opportunities for retail investors to invest in trading algorithms for cryptocurrencies and other financial instruments.

Tradingene aims at solving all the above challenges.

TRADINGENE-OUR GOAL

Provide a quality opportunity to retail investors using trading algorithms.

Provide algorithm creators to develop, test, and sell trading algorithms.

Create conditions for maximally efficient, transparent, and profitable investment in trading algorithms.

TRADINGENE – ACHIEVEMENTS

They have achieved remarkable results in three years of product development.

Over 2000 algorithms have been developed by more than 300 algorithm creators, mathematicians, and programmers.

They have developed an AI-driven system to evaluate and rate algorithms.

They have developed a unique online course “Exchange Trading Using Machine Learning.” This course teaches users how to create algorithms using various exchange instruments.

HOW IS TRADINGENE COMPETITIVE AS COMPARED TO EXISTING TRADING PLATFORMS?

EXISTING TRADING PLATFORM:

Sophisticated trading does not provide access to investors. Platforms which provide the opportunity to invest in trading have either poor signal transmission or weak analytical framework. The sophisticated platforms which offer investment opportunities are expensive. All platforms have transparency issues. High fee structure – This demotivates both algorithm creators and investors. A large number of curve-fitted trading algorithms, low-quality algorithms. Manual trading signal transmission by many platforms.

HOW TRADINGENE SOLVES THE ABOVE WITH THEIR PLATFORM

Provides an advanced environment with the ability to create trading algorithms quickly and efficiently. Assists algorithm creators in developing an effective trading algorithm. Since Tradingene platform is web-based, they do not face signal transmission failures or software problems. All essential tools are available free of charge; for more in-depth strategy analysis, they can buy advanced modelling packages for a small fee (far less compared to other competitors). Tradingene ensures transparency through the auction process and the use of smart contracts. Tradingene focuses on long-term collaboration. All algorithm creators will bring about success fees for profitable algorithms. Incentive structures by Tradingene will reduce low-quality algorithms. Tradingene offers only algorithmic trading and does not support manual signals transmission.

TRADINGENE TOKEN (TNG)

It is the token used for payment of fees for platform services, assignment of VIP status to an ICO investor if the person invests or holds tokens equivalent to $30,000. The total number of tokens is limited. Fluctuations in token value will not affect platform users.

CONCLUSION

Tradingene is a blockchain technology based algorithmic trading platform created to help both algorithm creators and investors. The platform can work on any cryptocurrency or traditional exchange. Tradingene’s goal is to develop quality product and long-term sustainable growth with an active community. A platform which is transparent and secure, it is investor friendly and helps algorithm creators reap benefits with minimum risk and creating and supporting a large community of algorithm creators and investors.

Catch more information about Tradingene on their Website.