Ruby-X.io is the Crypto - solution for cryptocurrency Currency Trading Platform. | by Kawasanz

4 min readAug 15, 2018

Ruby-X.io is the Crypto - solution for cryptocurrency Currency Trading Platform.

More recently, the theme of crypto-currency, was discussed only at highly specialized conferences and mainly representatives of the IT sector, now it is said about it everywhere. Recently, the number of followers of the Crypto currency has significantly increased and the market capitalization has also grown.
The crypto-currency industry has spawned a completely new market or a set of market technologies that could disrupt existing market strategies.

And only a few years was enough for the modern community to understand and appreciate the Crypto currency. The most popular today, crypto-bitcoin, then follows litecoin.

Different currencies can have different functions that go far beyond the scope of conventional money transfers. RUBY platform is a platform that integrates all functions of crypto currency.
RUBY-X is designed as a direct project with endless expansion capability, which aims to introduce cryptocurrency into the masses by adopting and facilitating all existing services and products related to encryption and communication.

This platform collects the most popular crypto currency services and products into one portal, which allows users to control their finances, manage transactions, integrate payments, invest funds, and more.

Ruby-x, introducing the PAMM API for unique Fund Management methods.

Ruby Exchange has newly introduced its unique feature, which makes it much more interesting and attractive to many passionate funds and cryptocurrency traders. Ruby x has adjusted PAMM(Percent Allocation Management Module) investment into its exchange platform, allowing more people to manage funds as well as the cryptocurrency. This article is to help readers and future traders to better understand PAMM and its characteristics.

What is PAMM and how does it work?

PAMM (Percent Allocation Management Module) is a management module where investors deposit money to a PAMM manager who then uses this capital to trade and maximize the profit, and the manager shares his/her profit with the investors in return. It resembles the asset investment system in an aspect, in that it gives individual investors the chance to make some earnings without trading by themselves. The investors choose a PAMM manager to work with and afterward receive the profit based on the amount of investment. PAMM managers make trades using both his personal capital and the investors’ funds, and hopefully, earn additional income for managing clients’ funds. All profits and losses on the account are divided among the PAMM manager and investors, based on their share in the account.

What are the advantages of PAMM?

Although not many people are yet familiar with PAMM and its system, it has a number of characteristics that make PAMM seem more attractive to the potential traders. First, PAM Module will be the perfect option for those who are willing to invest and make profits but do not have enough skills nor time. In fact, those who are not 100% knowledgeable about this field, can simply leave the job to the professional traders and managers. There’s no need for an individual trader to spend an excessive amount of time on the computer monitor, as the PAMM manager will handle all the trades. Lastly, if anyone has FOMO but also are afraid of possible risks, PAMM can be the solution, as people can diversify risks by investing in numerous managers who trade with diverse strategies and skills.

From the PAMM manager’s point of view, the system must be quite appealing as well. The professional traders may use the PAMM to attract more investors, hence increasing trading capitals.

Ruby Exchange & PAMM

At Ruby Exchange, anyone can be a PAMM manager. How is this possible? We have adapted a PAMM system into Ruby Exchange platform after thoroughly evaluating its merits and many other features. PAMM system on Ruby Exchange will be much cheaper with fees and much easier with trading functions with its own API system. (doesn’t require to use Metatraders)

How to become a PAMM manager at Ruby Exchange:

Fill in the fund manager application form. (You will receive an email within the next 48 hours)

Create your own PAMM account for trading. (Make sure to complete the first deposit in USDT)

Once you receive funds from a client, you can do Trading/Margin Trading/ICO Participation at Ruby Exchange.

Once you set up a PAMM account, you will be asked to select “Start Date” and “Duration”.
Clients will invest in your account with USDT only, and all assets (cryptocurrencies) will be automatically converted into USDT at the end of the “Duration”.
The growth, fees, and all final results of our managed account will be calculated in USDT, and funds will be proportionally distributed to your clients. If you have made profits, you will also receive the commission into your personal account as well.

This service will start, once the Ruby Exchange official service launches on 18 September 2018.