Intro...
Talking about cryptocracy doesn't seem to be endless because every day there will always be new innovations that adapt blockchain technology and create new crypto. As we know Crypturance is a form of digital money that is designed to be safer and anonymous. This is a type of currency that deals with the internet and uses cryptography, a process that converts information into an almost unbreakable code, to track purchases and transfers. Cryptocurrency is currently divided into 2 types, Coin and Token, each of which has different functions and features.What is BotXCoin ?
And this is a new innovation presented by BotXcoin based on Ethereum blockchain, the future token for financial freedom that provides functional tokens to use trading robots in our favor in all cryptocurrency exchanges around the world. We treat every single botXcoin token holder more than our investor, but also as our partner. In our partnership program, botXcoin token holder can utilize our Trading Robot application named "BOTX App" that is able running in major cryptocurrency exchanges all over the world. The aim of this project is to utilize trade robots (BOTX Application) and establish a multi cryptocurrency trade exchange (BOTXPRO).Algorithm and how it works from BitXCoin
There are 4 methods of algorithm will be used in the Robot development :
1. Three pairing combination in one exchange.Robot calculate and find the gap of 3 pairing (market) in one exchange. Robot will comparing it and if robot found a profitable gap (include transaction fee), then robot will execute the transaction and token holder will get profit. If the gap is too small or not profitable, Robot will not execute the transaction. By this method, there is no chance for loss.
The Robot will running every 12 seconds for 24 hours a day. Token holder can make their own selection for these 3 pairing in major exchange. Token holder can switch the robot from one exchange to another exchange. So it is very flexible system.
2. Pairing between two or more exchanges.
In this method, Robot will make comparison between the same pairing in 2 or more exchanges. The requirement for running this method is token holder must have balance in each pair in every exchange. By having balance in each pair and exchange, the robot can directly execute the transaction (if the comparison calculation show profit) without waiting for arbitration delay.
For example :
ETH/BTC in Binance รณ ETH/BTC in HOTBIT.
If there is a profitable gap between both exchange, then Robot will execute the transaction in both exchange, one buy and one sell. In this method, the token holder will get additional coin from that pairing, whether it is ETH or BTC. This method always making profit whatever condition of market, bullish market or bearish market.
3. Pairing between two or more exchanges with arbitrage.
This method almost same with above method 2, but there is additional process; if balance asset is zero than Robot will execute the arbitrage process. This method will not applicable for token holder, but it will use in our BOTX SERVER for getting profit to support the Loyalty program.
4. Bidding in BOTXPRO by comparing 20 top exchanges.
This is future methode which planned will be running in our own exchange BOTXPRO (Bot exchange Pro). By this method, Robot will get the pricing data from top 20 exchanges and make bid price (with profit and fee) in BOTXPRO exchange. The result is robot guarantee the traders in BOTXPRO can get the competitive price in BOTXPRO compared with others exchange. This is how our Robot give a win-win solution for trader and BOTXPRO.
Main utilities of botXcoin Tokens
There are 3 main utilities of botXcoin Tokens. These are all intertwined with the services provided by botXcoin, meaning that botXcoin serves as a critical part of the whole ecosystem:- Running Trading Robot Application (BOTX APP) BotXcoin Token can be used for using the trading robot application (BOTX APP). There is sharing profit partnership program will be applicabled in this function. Token holder will get 80% from the trading profit and the rest 20% will be contributed to company.
- Loyalty program as reward for token holders or passive income (max 250 million botXcoin tokens) botXcoin Token can be used in the loyalty program to get reward or passive income that providing in the website www.botxcoin.com . This program will running until max 250 million botXcoin tokens used up. This program is able to be extended by company using the profit which raised from the development of the project.
- Trading Token botXcoin Token will be the main trading pair for all Tokens and cryptocurrencies on botXcoin exchange platform (BOTXPRO). Beside that the botXcoin Token also can be traded in the major cryptocurrency exchanges in the near future.
BotXCoin Token Structure
For further information please visit the link below :
- Website : https://botxcoin.com/
- Bounty Program : https://bitcointalk.org/index.php?topic=5087790.0
- Facebook : https://www.facebook.com/botxofficial/
- Twitter : https://twitter.com/botxofficial
- Instagram : https://www.instagram.com/botxcoin/
- Telegram : https://t.me/botxcoin
Created By : Panda_Pendek
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1185206
ETH Address : 0x5E965BC72bc7381B8494B04a122D751Da97Ef035
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