THE SIGNALS CRYPTOTRADING PLATFORM

Martin Muroria
ICO Reviews
Published in
3 min readApr 26, 2018

The stock market is not as transparent as it ought to be. There are many human influences that affect the prices of certain stocks that are not supposed to. Insider trading and such like factors are negatively affecting fair trade in the stock market. For cryptotrading, influencing the prices of cryptocurrency or other cryptoassets is not as easy but it is still possible. However, blockchain technology, which supports all cryptoassets, will help solve the problem of unnecessary human influence over cryptoassets trading. Through the Signals platform, the prices of cryptoassets and trading in cryptoassets will only be based on factors that are supposed to influence it. The core business of the Signals platform is to have a marketplace where advice on the best cryptoassets to trade in is given to cryptotraders to make cryptotrading more profitable for them. This will be carried out through special trading robots that will be coded to perform trading functions as desired by cryptotrader.

Signals platform will depend on the data that is fed to it through its members. The internet is a vast platform. Collecting data by an individual system would take such a long time. Signals will provide a space through which their members can collect data from different internet sources and sell them in this space. Signals calls this the data marketplace. Any relevant data to cryptoassets trading can be uploaded on the platform. Refining this data will also be a priority in the Signals platform. Not everyone may understand the format in which the data may be represented. Signals will also have a marketplace where users can offer to refine the data provided and present it in a simplified and understandable manner.

Once these processes are complete, the data provided can be used by strategists to come up with the best way to go about cryptoassets exchanges. They can come up with plans which advice on when to invest in cryptoassets and which type to invest in. They may also decide to sell this strategy especially when it has worked for them and the returns made were great. Furthermore, Signals will also have a subscription service where their members can subscribe and receive preset trading robots that trade on their behalf according to the aggressiveness in investment and the risks they want. The trading robots will be using machine learning which means that they will get better and better after every trading cycle.

Signals aims to provide these services and even more. However, they also need to make some profits for their platform in order to provide these services efficiently. Their business model is based on the transactions that will be carried out in their platform. They will be charging a fee for every transaction that takes place. For payments in the platform, the SGN token will be the official currency. All trading will take place only through SGN. Its use will be a contributing factor towards the success of Signals.

The Signals crowd sale is coming to an end. By 30th April 2018, the sale will be done. This period is availed for those interested in the project to purchase their tokens and experience what the platform has to offer. These tokens can be bought on https://signals.network/registration-status. The Signals website, http://signals.network/, gives more information about the platform.

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