SIGNALS NETWORK

Martin Muroria
ICO Reviews
Published in
3 min readApr 25, 2018

Signals is the trading solution for crypto that is much needed in this day and age of massive cryptotrading. The amount spent in the trade of cryptocurrencies and cryptoassets runs in the tunes of billions of United States dollars. Quite staggering amounts. It does not look like crypto trading will stop anytime soon as more people joint hoping to get good returns on their investments. With the number of cryptoassets that are popping up daily, finding the most suitable place to invest in becomes difficult. Just like trading in the equity market, investors also have to do research in crypto trading. However, this research is usually vast and requires a lot of input from various sources. It cannot be fully satisfied by one party as it is time consuming. This problem was noted by the Signals team and they came up with a platform that will cater for all the investment needs of cryptotraders. Their aim is to make cryptotrading simple and understandable by all.

Now, the data that is needed to come up with accurate assessments of the cryptoassets in exchanges will be provided by the members of the Signals platform. Signal will incentivize this program to encourage more people to give the data they have on the market in relation to the many cryptoassets available. Incentivizing will be done using the SGN tokens which will also have other roles in the platform. This will take place in what is known as the data marketplace. There will also be a marketplace known as the indicator market place where the data collected will be presented in a simple and understandable manner. The technical terms that will be in the raw data will be made simpler for investors to understand.

The data collected will then be fed into trading bots which will execute trading in exchanges depending on how the owner of the trading robot wants it to. There are a number of subscriptions that an investor can select when using these trading robots. Each determines the aggressiveness and style of trading the bot will take and also includes a projection of the expected results. Furthermore, if an investor does not know which strategies to use, there is also the strategies market place where other investors sale their trading strategies. It would be easier picking from strategies that have previously worked. For the investors that offer their strategies, they will receive remuneration for their intellectual work.

Signals will make its platform even more convenient by offering live trading for investors and sending notifications directly to mobile phones of their platform members. This will ensure that every trading opportunity that is discovered by your trading robot is not missed. This will be made possible through Signals’ mobile application.

The SGN tokens will be a vital tool for the Signals platform. Apart from being the trading currency of the platform, it will also serve as the tool through which Signals will raise funds for the development of this platform. Purchasing of the tokens can be done via https://signals.network/registration-status. The funds that will be raised will be solely used for the purpose of Signals development. Details on the token sale can be read on https://cdn.signals.network/docs/signals-whitepaper-en.pdf. Owning SGN will give you access to the services that Signals will provide. This may just be your ultimate cryptotrading partner.

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