CryptoShot will offer a crypto trading platform with a smart advisor that will help connect users to their preferred crypto exchange platforms in Canada.
The platform will allow users to either determine their own strategy or choose from multiple pre-defined strategies across multiple trading pairs to execute trading in the cryptocurrency market with the help of tokens. The platform will also provide traders with a way to define their trading goals, risk controls, signalling, trading history and portfolio management through a collection of pre-programmed concepts and methods that allow exchange between cryptocurrencies and fiat currencies. The platform will have a smart recommendation system that will include trading strategies based on econometrics and machine learning technologies. The AI-based smart advisor feature will categorize user behaviour and strategies by risk and provide a portfolio management program based on the user’s risk tolerance history and capital invested in each strategy. The Company will also offer its own tokens that can be used for in-app purchases.
Frequently Asked Questions
- Cryptocurrency (also known as crypto): Digital currency.
- Transactions are verified and records maintained by a decentralized system. Uses cryptography, rather than by a centralized authority.
- It is based on blockchain technology: Shared, immutable ledger.
- Facilitates the process of recording transactions & tracking assets in a business network.