How Spectre.ai is revolutionizing synthetic trading in crypto
The year 2020 is turning out to be an extremely turbulent period from a financial perspective due to the unavoidable COVID Pandemic. Various businesses and enterprises across the globe have closed down, as operations are trying to move their services and functionality online.
With many individuals, employed and unemployed stuck under lockdown restrictions across the world, the appeal of online trading continues to gather momentum. Spectre.ai is one company, with over 40,000 registered traders and the higher returns offered in the crypto space, who is proving to be a go-to for online income opportunity seekers.
There is no doubt that online trading platforms are currently one of the most lucrative options to generate revenue in the market. Regardless of the risks involved, intelligent investment and proper study of the market, with the absence of gambling tendency, can provide ample opportunity to its user base. No matter how severe the financial conditions are, profits can always be made on stocks, digital forex, commodities, synthetic contracts, etc, etc.
Some of the major benefits of trading online include:
- Low fees & instant execution
One clear advantage of online trading is the low transaction cost in comparison to brokerage firms, where traders usually pay close to $5-$10 to buy or sell stocks. Spectre.ai has a 0 fee model where the trader is not charged a single cent to enter or exit positions. Thanks to its industry-leading ‘Hyper API’, execution happens in under a few milliseconds, making it one of the fastest retail trading platforms around the world and not subject to costly gas considerations or fx-risk.
It is possible to generate high returns and either supplement or entirely replace monthly salaries just by learning how to trade volatility and assets in the financial markets, from your computer. Spectre.ai offers, uniquely, returns of 70-400% which can be generated within seconds or a few hours.
- Security and risk management
Online investing and trading allows you to be in control of your financial future, yet this comes with risks if one does not deposit with a safe brokerage. Spectre.ai is unique in that its broker-less Wallet account allows for you to trade straight from your crypto wallet directly in the financial markets. Or for added features and returns, you can deposit and trade centralized, using a range of onboard risk management and capital protection algorithms.
Spectre.ai – Brokerless and highest ROI in the history of trading
Amidst strong competition, Spectre.ai provides one of the most innovative and high ROI services for synthetic assets (which they call ‘Digital Contracts’) where customers are able to trade in financial products on an array of assets using live spot prices or historical prices (a new asset known as ‘EPIC’, the opposite of ‘futures’). As mentioned earlier, the pandemic has led to many stock collapsing in the market, hence it is positive that Spectre.ai allows its traders to take advantage of that scenario as well.
Digital Contracts offer returns of between 70-400% within as little as 1 second (known as ‘microexpiries’ all the way up to longer day-trade contracts) and are a great high risk/high reward way of generating capital growth over time. And the proof is in the numbers, with Spectre.ai having closed out a successful quarter, citing volumes of over $17 million and over 40,000 traders on the platform to date, it is becoming the go-to avenue for high frequency, high return trading.
Notably, with Spectre.ai smart contract technology, it is a broker-less platform that is decentralized in structure, hence FX or equities traders can easily appreciate favorable trading conditions without constantly stressing over fraudulent capital losses. This function is offered in its Wallet Account. For traders who are happy to trade centralized, Spectre.ai offers the Regular account.
Re-inventing Online-Trading and bringing synthetics to Crypto
Based out of St. Vincent and the Grenadines, Spectre.ai offers digital contracts, Forex, and CFD trading but the exchange executes smart option contracts. What makes Spectre.ai extremely safe is the fact that it registers its trades into a blockchain where the information is verified across the publicly distributed ledger network.
Hence, the utilization of blockchain means the absence of regular intermediaries such as account managers, brokers, sales, hence greatly reducing the chances of fraudulent activities. Spectre.ai’s Hyper API instantly matches buyers and sellers and in the event of a liquidity shortfall, introduces its own multimillion DALP market maker to ensure 24-hour liquidity, 7 days a week.
Major Advantages of Spectre.Ai
- No deposits: On Spectre.ai, users are not required to deposit any fiat currency before trading as customers can trade straight from their own digital wallets. Unlike traditional Forex or Options brokers, who make money when you lose, Spectre.ai simply earns a volume-based technology fee when you trade (regardless of the outcome, win or lose).
- Higher ROI: according to the website, customers usually incur ROIs on their capital, which scales up to 90-400% which is unheard of in the online trading industry.
- Spectre Incentive Program (SIP) – each week Spectre.ai gives away $1K to the trader who generates the highest weekly volume, and a huge $50K at the end of every year to the trader with the highest annual volume. The SIP program is in line with the global income support trend and is proving very popular at Spectre.
- Trade the past with Historics: Spectre.ai added EPIC to its offering in 2019. Epic, i.e Epochal Price Index Composite, provides an aggregate of past market movements and mimics live markets. This asset can be traded just like any other but is available 24/7. All prices are based on real-time market values.
- Weekend Trading: Spectre.ai allows traders to trade not just when traditional markets are open on weekdays but also 24 hours on weekends as well. This is because of its unique EPIC technology which creates markets for assets in the past, today! These historics are the opposite of futures markets and are unique to Spectre.ai.
- Listed Entity: Spectre.ai’s tokens can be found on coinmarketcap.com as SXDT and SXUT. The firm pays out a portion of its volumes across product classes and is the first broker, therefore, that is truly by the people, for the people. Its tokens can be traded, separately, on SPX (Spectre Exchange).
- Regulatory Compliance: Unlike many online trading platforms (or protocols) in or outside of crypto who are directly non-compliant with AML 5 and increasingly stringent regulatory standards, Spectre.ai conducts full KYC/AML before onboarding traders who choose to migrate from demo to real money accounts along with ensuring country restrictions are adhered to (eg. U.S citizens cannot use Spectre.ai’s services).
With the world of online trading consistently improving and gathering momentum in 2020, Spectre.ai’s development with respect to services and eradication of fraud is a step above major exchange platforms, which can lead the industry into a better direction.
For more information, please visit Spectre.ai official website.
Disclaimer: This is a paid post and should not be considered as news/advice.