The Problem
Currently there are 30 million active crypto futures traders and 14,7 million FX traders globally. Data suggests that only about 20% of crypto futures traders are consistently profitable. Approximately 35% of traders break even, while 45% incur losses.
The Reason
In today’s Market algorithms manage 85% of all trades. The world’s leading banks control over 79% of the trading volumes. Funds have access to advanced tools like high-frequency trading algorithms and proprietary trading platforms.
The Solution
IQTΕ is creating a next generation trading app powered by artificial intelligence. The AI uses a core code called “IQ Trading Engine” and can make over 300K combinations for any trading pair that the user instructs it to build a bot for.
The Model
The IQTΕ Trading App will be powered by the IQTE Token. The users will hold tokens in their app wallet and by this way they will unlock several benefits such as unlimited connected accounts and Bots. Furthermore the token will be used for success fee payments.
The IQ Trading Engine
Core Code
The IQ Trading Engine uses custom indicators and strategies on a multi timeframe framework to find the best possible combinations. The number of combinations exceeds 300K. The Core Code is constantly updated with new strategies.
AI Powered
The Artificial Intelligence interacts with the user and asks for parameters such as the Exchange/Broker, the trading pair, the timeframe and the take profit and stop loss parameters. The AI creates the Bot and its stats are shared with the user.
Multiple Bots
The users can instruct the AI to design multiple Bots for them either for different trading pairs or even the same pair, on the same exchange or connect to the app multiple exchange accounts. The possibilities are endless.
Crypto & FX
The IQ Trading Engine has the capability to design Trading Bots for Crypto, FX, Gold, Indices and Stocks. The app can connect to all major Crypto Exchanges, Brokers and mainstream trading platforms through API.
IQTE Token
Access to Services
Users can design and deploy Trading Bots according to the number of IQTE tokens they are staking. The more tokens they stake the more Bots they will be able to deploy. There are specific user account privileges.
Success Fees
The app supports a watermark policy. This means that if the user account is not in profit there are no success fees. For profitable accounts the success fees range from 5% to 20%. Users pay the fees with IQTE tokens.
Token Burn
10% of the IQTE tokens collected as success fees will be burned after each profitable trade. IQTE will additionally conduct a quarterly revenue-based burn, 5% of the platform’s quarterly revenue.
Staking
IQTE will offer a staking option for users who wish to stake their tokens, regardless of whether they deploy bots or not. A fixed 5% APY will be provided to users for a 365-day lock-up period.
