FTEC – Cryptocurrency Platform that Combines Tools for Trader

FTEC is the first of its kind cryptocurrency trading ecosystem where a novice and an experienced trader can get involved in effective trading activities. In order to be successful in trading, one must make use of the bots, signals, neural networks, services, and academies. FTEC has brought all this and much more under one roof. The main objective of FTEC is to minimize the number of unprofessional traders. Crafting a complete ecosystem that will have all the important tools for the users that they can use irrespective of their knowledge and experience in the world of cryptocurrency is the idea of this platform.

Problem

The key problem Ftec faced in developing Company first trading algorithms was order book limitation on exchanges. So if automatic module finds a situation when the user can get a profit on the market, it also needs to define a queue of people for whom purchase and sale will be made. As price is not a constant value and the price of further purchases increases after the purchase of the first user (because buying demand has risen), the next user will buy at a bigger price. So a potential profit of the last user is significantly lower. The same situation is during the sale process. Sale for the first user will be at the highest price and profit and for the last user – at the lowest price and profit. In order to solve this problem, Ftec can use ecosystem’s tokens.

Solution

Ftec Firstly, amount of issued tokens is constant. Thus, the possibility of additional token emission is liquidated. It means that every token holder can be sure that he can manage a part of tokens he bought.

And secondly, due to the uneven distribution of tokens between holders, Ftec will have an opportunity to form a certain queue of users. In this case, any user can influence the position he has in the queue by changing the number of tokens he has. By using the relevant tool in user’s account the user will be able to track his position in the rating. The place in a queue will be determined by the number of tokens on user’s balance within the system. During the queue forming the tokens which are held on exchanges will not be considered. Taking into account all above-mentioned factors, using Ftec own token can solve fundamental problem and allows to form fair queue which can be influenced by users. During the project’s development, there will be situations when token holders will be able to make decisions about the vector of the ecosystem’s movement. FTEC holders who have more than a certain amount of tokens on balance within the system have a voice in questions of project development. Such votings will last a certain amount of time and all users will be notified of their start. To prevent users from increasing his voting weight by creating a few accounts, the voting weight will be determined by the number of tokens which were on the user’s balance at the moment of voting started.

Advantages of FTEC

💎 Most platforms require the amount of experience to work their way through it due to their complexity. But FTEC is one platform where the trading is fast and flexible with multi-level partner program.
💎 The monitoring of the cryptocurrency user’s profile is present in FTEC platform. Some of the advantages of FTEC platform are personal data security, analysis of behavioral patterns of the user on the exchange and the ability to monetize the user’s knowledge.
💎 During the token sale if there remains any unissued token, then it will be burned and an automatic refund will be generated in case the platform fails to meet the soft cap that has been set.

ICO Details

💎 Token: FTEC
💎 Token Type: Ethereum ERC-20
💎 Maximum number of tokens: 998 million
💎 Tokens available during main ICO: 700 million
💎 Token price: 1 ETH = 29,970 FTEC without bonuses (i.e. = $0.02 at time of writing)
💎 Soft Cap: 2,000 ETH ($1.2m)
💎 Hard Cap: 26,500 ETH ($16m)
💎 Sale starts: 20th June 2018
💎 Sale ends: 18th July 2018

How to Particitipate Ftec Token Sale

Token Sale Structure and Distribution

Conclusion

Although there are already some trading platforms out there, FTEC looks the most comprehensive and will provide some very useful features for traders to give them an edge in their trading. How effective the trading platform ends up remains to be seen, but certainly, from what they have produced so far this looks like a very promising ICO.