Netcentric: Blockchain-Based Crypto Trading Bot For Bitcoin Profits?
What Is Netcentric?
Discover NetCentric, a fully decentralized, socialized, crypto quantitative trading platform. The NetCentric Social Trading Platform (NSTP) is a marketplace where users can rent third-party trading robots and buy trading signals. Besides, the platform enables trading robot makers to list their products at the prices of their choice so users can check each bot’s historical return and volatility level. In the end, they will be able to pick the best robot for their investment portfolio.
Account trading signals can be generated from one or several multiple robots and manual trades. With the platform’s social trading mechanism, users can benefit from trading and from providing trading signals.
Netcentric Challenges To Address
NetCentric believes that crypto trading is time consuming, as people lose sleep monitoring the price movement of all their coins. They also have to understand the technical indicators, and try to pick the best buy and sell opportunity in the market.
There is also the problem of high barrier to entry. Quantitative trading requires users to have expertise in both programming and financial markets. In addition, it happens that big institutions often control the best trading technologies and hardware in the capital market.
How Netcentric Blockchain-Based Crypto Trading Bot Works
Using the NetCentric platform is simple—with one click, and the robot takes care of everything. Users will be able to design their own bot and create a robot trader that works for them. They can customize their trading strategies into their trading bots. Besides, using indicators such as MA, MACD, RSL, news, and trading signals, the crypto bot will utilize every opportunity in the market.
Spontaneous Trading Through Signal Adoption
Users will be able to enjoy life and seize the opportunity. The crypto bot automatically tries to buy when the market is oversold and sell when the market is overbought. Users can also follow other trading bots in the marketplace that best match their trading style.
The platform enables users to earn cryptocurrency like a boss. This is possible by setting subscription fees for the trading bots including trading modules and signals. All transactions on the platform utilize smart contract that makes them transparent and trustworthy.
Netcentric Robot Factory
NetCentric trading robots are designed to operate with just “one click.” With the trading robot factory infrastructure, even a ten-year-old child can generate a trading robot and bring creative trading ideas into reality.
NetCentric platform improves the transparency and efficiency of wealth management. This is possible through decentralizing and by simplifying the trading and investment processes. It enables everyone to develop a basic trading bot—free of charge and develop modules to upgrade their bot. In the end, bot developers can rent out their trading bots, signals, and self-developed trading robot modules to earn cryptocurrency as a token for the services they provide.
Netcentric Trading Modules
The platform has the following trading modules:
- Quantitative strategy
- Report generation
- Cryptocurrency filler
- Position control
- Decision making
- Order execution
- Cross exchange data resource
- Back testing
The value of trading signal data
There is a huge market in the sector of financial information for non-professionals. Nearly 54% percent of Americans have personal financial exposure to equity stocks. In China, the number is lower at about 30 percent. NetCentric believes that soon the data of social trading signals will support the AI trading development.