TeraBlock — Automated Exchange Trading
Algorithms handle the stress for you
Cryptocurrency is all over the news — Elon Musk is tweeting about Bitcoin and Doge; Tesla and MicroStrategy have Bitcoin on the books; Mark Cuban has a crypto portfolio. Even major credit cards and financial institutions are changing their views on cryptocurrencies. At the time of writing, “crypto’s” total market cap is over $2 Trillion, and Coinbase just had its IPO, ending up with a whopping $86 Billion market cap.
I think it’s safe to say cryptocurrencies are here to stay, yet, there is still massive volatility in the space. The market fluctuations match the ECG of your heart as you watch your portfolio go from life-changing money to life-ruining money and back again. Those are the kinds of movements that could lead to an unplanned stint in your local hospital.
Addressing a Need in the Crypto Markets
What if you could participate in the space and avoid the palpitations?
That was the vision of Shivam Tandon. He found trading full-time was a challenging task, a challenge he faced head-on by developing his own algorithms, software most will refer to as “bots.” They performed well enough that he decided to share them with others but kept getting the same questions over and over:
- How to buy crypto?
- Where to buy crypto?
- Which crypto to buy?
- How to trade your portfolio?
With this natural progression from problem to solution, Shivam quickly realized he had developed a much-needed product for the market to enjoy.
Trading Made Easy
Imagine the simplicity of Coinbase, coupled with the liquidity of Binance, low volatility, low maintenance, and the optionality of an S&P 500 Index. You’re imagining TeraBlock.
TeraBlock will aid the inexperienced, support the newcomer and benefit new entrants to this rapidly growing space whilst providing peace of mind that their assets will be safeguarded against the volatility of the markets.
The product runs on an intelligent codebase proven to leverage the vast possibilities of machine learning technology.
What is Machine Learning?
Machine learning (ML) is a subset of artificial intelligence (AI) that allows machines to learn from data and adjust accordingly without being explicitly programmed. You can see this in examples like IBM’s Deep Blue defeating world champion Gary Kasparov in chess or Google’s AlphaGo beating the world’s top Go player, Ke Jie.
Traditional algorithms use an “if and then” format to make decisions, so they’re static and don’t adapt over time unless somebody upgrades them. On the other hand, machine learning processes loads of structured and unstructured historical data and uses that to inform current and future decisions. As new data comes from performed actions and responses, the data is processed, and the algorithms adjust for improved performance.
Young People Prefer Robo Asset Traders and Crypto
In a 2020 survey, the investment management company, Vanguard, found that millennials and Gen Z people were twice as likely to use robo asset traders like WealthFront or Betterment to handle their portfolios. The market reflects those numbers. In 2020, $460 Billion in assets were with robo asset traders, up 30% from 2019.
DeVere, another financial advisement company, surveyed 700 millennial clients and found that 67% of them prefer Bitcoin to gold. In 2019, a Bankrate survey found millennials were three times more likely than Gen Xers to own crypto-assets. The other big note in the DeVere report — an estimated $60 Trillion will be changing hands as older generations die out and younger generations inherit that money. That money has to go somewhere . . .
User Peace of Mind
TeraBlock is teaming up with crypto giant Binance to launch a product that anybody can use while maintaining the highest security and customer service levels.
Working with Binance provides access to their:
- Liquidity — overcomes the lack of liquidity that most new projects face
- Markets — provides depth and variety to trading pairs
- Security — avoids hacks and attacks common for new projects
- Performance — the platform will run smoothly, even during peak trading times
- Customer service — ML can’t do everything. Human customer services agents will be available when needed.
Having all of these major components handled by an established industry leader will allow the TeraBlock team to focus on creating the best possible platform for providing an enjoyable user experience.
Easy to Use
Automated trading in three easy steps.
1. Buy crypto-assets
- The simple user interface allows you to use a debit or credit card to purchase crypto-assets and immediately credit them to your account.
- You can also transfer crypto-assets into your account at no extra cost.
2. Select an index or build your portfolio
- Choose from one of the four pre-defined indexes for trading or drag and drop assets to easily create a trading portfolio.
- Choose for USD or BTC maximization.
- View historical data and backtest your selections with a single click.
3. Watch the technology get to work
- Machine learning algorithms get to work based on your selected trade automation options and preferred risk level. Trading profits are automatically rolled into future trades to avoid cash drag.
Easy To Withdraw
TeraBlock makes withdrawing assets as easy as depositing them. You can withdraw your funds in a single asset or withdraw individual assets at any given time.
The platform also gives you the option to seamlessly swap between assets using Binance’s deep liquidity and order books.
With the Trade, Convert, and OTC portal, you’ll be able to trade between assets at near-instant speeds without the worry of slippage or spreads. No more crazy high gas fees and playing with slippage percentages to improve your chances of a successful swap. Just enter the swap parameters, preview the conversion quote, then accept the quote to lock in the all-inclusive price. There are no hidden charges or fees.
Token Holders Save Money
TeraBlock token (TBC) is a BEP-20 token with a total supply of 400 million. If you hold a percentage of your portfolio in TBC, all algorithm access fees will be waived. You only pay the standard exchange trading fees. If you’re not holding TBC, there will be a flat fee for use of the automated trading algorithms on top of the exchange trading fees.
There are also tiered staking perks to be announced.
Buy TeraBlock (TBC) Now
- Lowers barriers to entry for crypto-asset space and will attract passive asset buyers already used to robo asset traders like Betterment and Wealthfront.
- ML algorithms improve over time to make better trading decisions.
- The project will be backed by the security, performance, and technology of Binance.
- Holding a percentage of TBC tokens reduces fees for automated trading and will have perks for staking.
A significant transfer of wealth is underway. Cryptocurrencies gain more acceptance with every passing day, that momentum is supported by the unavoidable socio-economic consequences of covid-19. What started with a few visionaries taking risks in constructing a reimagined financial system is now attracting traders from legacy markets seeking uncorrelated assets. TeraBlock will provide these much more risk-averse participants a secure and familiar path to automated asset trading.
By easing the extreme volatility, wary traders will no longer need to fear the unknown, and the critics will have one less thing to complain about.
Written by Jason Lee
Find Out More About TeraBlock at:
Website: terablock.ai
Telegram: Terablock Announcements
Twitter: @MyTeraBlock
Medium: @MyTeraBlock
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