TYDO - Decntralized Platform Designed For Multifunctional Trading Marketplace

in steemit •  6 years ago 

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The world today cryptocurrency market has dramatically grown in 2017 which has led to the emergence of hundreds of new exchanges. This has led to the complicated process of exchanging one cryptocurrency for another because a user must have accounts on all exchanges. To a profitable transaction, not all exchanges have high-quality charts with the possibility of technical analysis or allow setting complex trading orders (pending, conditional, based on technical indicators, etc.). In addition to this, there are several trading terminals on the crptocurrency market that can work in different exchanges at the same time, with high-quality charts and possibility of conducting technical analysis, can significantly simplify this process and however, the number of supported exchanges is severely limited.

TYDO platform is a multifunctional platform planned for effective association with cryptocurrency exchanges. This platform incorporates Trading Terminal with specialized analysis tools, for Marketplace where users can exchange their trading strategies, ideas for TYD tokens and Social Trading Platform where traders can share their experience, portfolio structure, and trading history. Contrary to the existing trading solutions available today, TYDO includes all above mentioned tools into one ecosystem, and also offers its users an opportunity to operate on more than 50 cryptocurrency exchanges.


TYDO platform aims to bring cryptocurrency traders onto one site, providing them with tools for developing and executing trading strategies and ideas with built-in easyto-use automation solution. With a well-defined and balanced design, and highly customizable Trading Terminal interface, TYDO platform offers a new model of traders' interactions with centralized cryptocurrency exchanges, and with each other, to develop modern approach to cryptocurrency trading and networking.

Marketplace
TYDO platform will enable the grading of customers to trade their exchange methodology and considerations, methodology and considerations, and furthermore robotized and semi-modernized trading game plans created especially for them, for TYD tokens.
Things that can be exchanged will include:
• Trading contemplations
• Trading systems
• Trading signals
• Automated or semi-robotized game-plan (together with exchanging thought or exchanging approach)

TYDO Trading Terminal
Live market data and charts
Current market situation will be updated via the API and will include:
• Market chart
• Market depth
• Current opened trading orders
• Order history
• Trade history
• Available funds for trading

Challenges
• High market volatility can impact profitability and cause losses.
• Impossible to monitor markets 24/7.
• Аrbitrage opportunities in cryptocurrency markets.
• Decisions cannot be made on time, which leads to missed opportunities.

Solutions
• Trade on most major cryptocurrency exchanges.
• High-quality multifunctional charts from TradingView for all supported exchanges and trading pairs.
• Extensive possibilities for conducting technical analysis.
• 100+ built-in technical indicators.
• Develop your own trading strategies and indicators with Pine Script compatible programming language.
• High level of accessibility (Web, iOS, Android).
• Customizable TYDO Trading Terminal interface.

TYD Token
• TYD token is a standard Ethereum-based ERC20 token that can be used by multiple wallets.
• The token will be used as the only currency for interacting with TYDO platform.
• TYD Token will give access to TYDO Statistics Portal, where TYDO will publish relevant data and information, which guarantees full transparency.
• Team and founders TYD tokens will be locked for at least 12 months after Token Sale ends.
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Benefits
• TYD Token will be used to gain full, unrestricted access to TYDO products – Trading Terminal, Marketplace and Social Trading Platform.
• TYDO users will be able to exchange trading strategies, ideas, indicators, and automation solutions for TYD Token in TYDO Marketplace.
• TYD Token will give an opportunity to subscribe to other TYDO users in TYDO Social Trading Platform to follow their trading signals, view portfolios or their trading history.
• TYDO will take a small fee in TYD Token from every transaction in TYDO Marketplace and Social Trading Platform.

Roadmap
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Team
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Advisers
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For More Information
Website:
Whitepaper:
Bitcointalk:
Facebook:
Twitter:
Telegram:
Authored By: Richard Dra Ayebaesin
Bitcointalk Username: Steavenson19
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1785579

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TYDO understand that crypto needs a place to be exchanged. It's crazy to see how many cryptocurrencies are offered for exchange on TYDO! At Blockbasis, we are sharing the same state of mind as TYDO, and ease the process to exchanging cryptocurrency. We do so by allowing our users to send, receive and exchange cryptocurrency via email!