You want to enter the crypto to finish? Problem, you’re not an expert in the field? In this case, you will be interested in automated trading and especially crypto platform services Kryll.io.
That’s right, the crypto trading market just launched V2. In this article, we present you the parts on New version on Kryll.io.
What is the Kryll trading platform?
Kryll is one crypto trading platform. Discover the particularities of the Kryll project.
What is Kryll.io?
As a crypto trading platform, kryll allows you to buy, sell and sell cryptos in the market. The particularity of this platform is the use of powerful tools that allow the use of automated strategies. Basically, in Kryll, the Trading is done by robots, not because of you! These robots (or bots) are specially designed to conduct trading in an “intelligent” way. In fact, their technology is a blend of artificial intelligence and machine learning.
The Kryll project officially started in February 2018. It was on this date that the ICO (Initial Coin Offering) was launched. The ICO ended in April 2018, then the first version of the platform was put on the market at the end of August 2018.
What is a trading robot?
The first advantage of a trading bot so this works for you! In fact, with a trading bot, you don’t need to be an expert in finance and markets to make money!
Another important advantage is the speed of a trading bot. If you’ve been following crypto for a bit, then you know that crypto prices are extremely volatile. Also, an important part of the success of crypto trading is the ability of the trader to place an order in time! However, for this, trading robots are unbeatable! In fact, thanks to their technology, they can apply the right strategy according to market conditions. Then, if the conditions are met, the robot can place an order (buy or sell) in record time.
New features on the V2 Kryll market
The first version of the platform started in August 2018 as mentioned above. But since then, the platform has evolved, getting the latest developments to offer more services and solutions. A version 2.0 even just landed. Check out some highlights of Kryll’s new release below.
GUI
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 menus and sub-menus. With this tab, you can for example directly type the name of the crypto that interests you.
Once you have chosen your strategy, you can access a lot of useful information and indicators such as: Its name; Its profit; Its level of risk; Its history; His average winning percentage (per day, month or year); A revenue projection based on its history.
Filter options
To facilitate your work, the platform implements filters at the level of trading strategies. With these filters, you can easily find the strategy that meets your needs and expectations.
In particular, there is 5 filters of the characteristics of a crypto strategy such as: profits. As its name suggests, this filter allows you to rank different strategies on the platform according to potential gains. Three profit levels are offered: low, medium and high.
the trading frequency. With this filter, you can classify strategies according to the frequency (high or low) of trading preference.
the level of risk. Every trading strategy involves risk. In general, the risk is directly proportional to the profits that can be made.
L’historic. This filter allows you to access the history of each strategy (if available). This allows you to get an idea of the performance of this trading strategy in the last few months.
the good. This filter allows you to see the so-called “Live” strategies, ie currently used by Kryll users. You can also choose Open Source strategies, that is the ones with available code.
Packages
Packs are one of the important new features embedded in this V2. These packages give you access to assets grouped by theme. For example, you’ve 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, packages have something for you!
With Kryll, you can choose from different packs such as: Defi; NFTs; Metavers; drama ; and so on.
The interest in these packages is twofold. On the one hand, you can bet on a domain without having to know the main properties that make it up. On the other hand, it allows you to diversify your investment. In fact, as explained above, a package is a basket of many properties. In other words, by using a package, you are not putting your money in one and the same asset. This allows you to reduce your risk level. If the price of one asset part of the package goes down, 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% Decentraland (MANA).
Are you looking for new income in this time of inflation? Start crypto trading! With Kryll platformtrading crypto has never been easier!