You want to get into crypto make ends meet? Problem, you are not an expert in the field? In this case, you will be interested in automated trading and especially of the services of the crypto platform Kryll.io.
Exactly, that one marketplace for crypto trading has just been launched V2. In this article we present you functions of New version of Kryll.io.
What is the Kryll trading platform?
Kryll is one crypto trading platform. Discover what is special about the Kryll project.
What is Kryll.io?
As a crypto trading platform, krill allows you to buy, sell and trade crypto on the market. The special feature of this platform is to use powerful tools that allow the application of automated strategies. Basically, on Kryll, the trading is done by robots, not by you! These robots (or bots) are specifically designed to trade in an “intelligent” way. In fact, their technology is a mix of artificial intelligence and machine learning.
The Kryll project officially dates back to February 2018. It was on this date that the ICO (Initial Coin Offering) was launched. The ICO ended in April 2018, then a first version of the platform was brought to market at the end of August 2018.
What is a trading robot?
The first advantage of a trade penalty is that it does the work for you! With a trading bot, you don’t actually need to be an expert in finance and the market to make money!
Another important advantage is the speed of a trading bot. If you follow crypto a little, then you know that crypto prices are particularly volatile. An important part of success in crypto trading is also the trader’s ability to place an order on time! But for this, trading robots are second to none! Thanks to their technology, they are actually able to apply the right strategy according to the market conditions. Then, when the conditions are met, the robot can place an order (buy or sell) in record time.
New Features in the V2 Kryll Marketplace
The first version of the platform dates back to August 2018 as mentioned above. But since then, the platform has evolved and acquired the latest developments to offer more and more services and solutions. A version 2.0 even just the country. Check out some of the highlights of the new Kryll release below.
Version 2.0 GUI includes a powerful search tab. This allows you to directly reach the object of your search without getting lost in the menus and sub-menus. With this tab you can, for example, directly enter the name of the crypto that interests you.
Once you have chosen your strategy, you can access a lot of useful information and indicators such as: Its name; Its profitability; its level of risk; Its history; His average winning percentage (per day, month or year); A projection of earnings based on its history.
To make your job even easier, the platform has implemented filters at the level of trading strategies. With these filters, you can quickly find the strategy that meets your needs and expectations.
Especially there is 5 filters about the characteristics of a crypto strategy such as: profitability. As the name suggests, this filter allows you to rank the different strategies on the platform according to the potential gains. Three levels of profitability are offered: low, moderate and high.
That trading frequency. With this filter you can classify the strategies according to the desired frequency (high or low) of trading.
that risk level. Any trading strategy involves risk. In general, the risk is directly proportional to the potential gains.
L’historic. This filter gives you access to the history of each strategy (if available). This allows you to get an idea of the effectiveness of this trading strategy over the past few months.
that friendly. This filter allows you to see the so-called “Live” strategies, that is, which are currently used by Kryll users. You can also choose only Open Source strategies, that is, those whose code is available.
The packages are one of the important new features embedded in this V2. These packs give you access to assets grouped by theme. For example, you’ve heard about the great potential of the metaverse and you want to jump on the bandwagon? Or do you want to gamble on NFTs? In this case, the packages have something for you!
At Kryll you can choose different packages such as: Defi; NFTs; Metaverse; Game ; Etc.
The interest in these packages is twofold. On the one hand, you can gamble on a domain without having to know the main assets that make it up. On the other hand, it allows you to diversify your investment. As explained above, a bundle is actually a basket of multiple assets. In other words, by using a package, you are not putting your money on one and the same asset. This allows you to reduce your level of risk. If the price of one asset that is part of the bundle falls, there is a chance that the price of another will rise.
E.g package associated with the metaverse consists of the following tokens: 25% Enjin Coin (ENJ); 25% Axie Infinity (AXS); 25% Sandbox (SAND); 25% Decentralized country (MANA).
Are you looking for new income in this inflationary time? Get started with crypto trading! With Kryll platformcrypto trading has never been easier!