Caspian: the platform that allows you to interact with the crypto-world in one place!

ladaural (57)in #crypto • 7 years ago (edited)

As members of the blockchain ecosystem, we know that there are millions of tools and platforms that are part of our crypto-life to be able to interact with more projects, invest and generate profits. The cumbersome thing about this is all the applications and websites that we must access to achieve this. Caspian's developers focused on solving this problem and therefore, they bring us a platform that allows us to take care of the most important thing in one place: our portfolio.

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Currently, there are hundreds of exchanges, which increases the challenge involved in trade, especially for investors who have a large portfolio.

Caspian is designed to work as a friendly platform that connects and works with several exchanges simultaneously. Its main features are:

Professional-grade execution.
Position management.
Reporting capabilities.

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Caspian is connected with more than 10 exchanges and in the next months, the number will increase to 14.

Who is behind the project?

Caspian is a project supported by two important firms that have great experience and success in the world of digital assets: Tora and Kenetic. Tora is the leading provider of technology for the management of digital assets. It has clients around the world and is responsible for 17% of the trading of equities in the Japanese market.

Caspian's Senior Management

This group of experts has the mission of building a flexible platform in which both traders and market makers live. All have participated in important firms as well as technology companies. An important advantage is that they have also been early adopters of cryptocurrencies, which makes them able to understand the needs of an average user.

Source: White Paper Page 8.

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Caspian's benefits

This platform has three fundamental pillars that facilitate any activity within the crypto-space.

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Execution:

OEMS: You have a control center where your trading sessions will be more comfortable and easy. Tora is responsible for providing the entire technological platform. You will be able to access the largest and most popular exchanges in the world in one place.
Main features:

Send orders and get the details of your status.
Ability to see prices, bid /ask of each exchange.
Users receive real-time alerts related to their orders.

In the future, Caspian will add the "pre.trade transaction cost analysis" that will serve as an excellent tool to identify which are the exchange that provides the best outlook to execute the orders that we need to fill.

Smart Order Router (SOR): This feature allows the trader to see all the exchanges as "a single pool of liquidity". For example, if you need to sell Steem and buy BTC at a specific price, the SOR through its algorithm will look at all possibilities, make the order run based on what suits you.

Algorithms: Each purchase or sale order can be assigned to a specific algorithm, which can be manipulated manually by the trader according to their needs.

User-built strategies: in addition to the pre-established algorithms, Caspian allows its users to configure what they consider suitable for their portfolios using a simple rule-based language.

Alerts: Users can configure the notices that they need to receive, such as price increases or decreases, orders completed, etc. All this can appear as pop-ups or even emails.

Position & risk management

For traders and investors, it is essential to be aware of the behavior of the digital assets in which they have invested as well as the status of their sales /purchase orders. Caspian condenses all this information in its platform, allowing the user to access information quickly and in one place, avoiding irreparable losses due to an omission of information.

Compliance and Reporting

Its compliance engine allows establishing rules and limits easily and safely. It can be established in the pre-trade by requesting that a series of requirements be met so that the sales order is carried out and in the post-trade that include alerts, order monitoring and other notifications that can reach the user through of your email.

Their reports are focused, as White Paper said, in "trade files, snapshot reports, position data, audit reports, and compliance reports." This information allows the user to make graphics or other material.

Source: White Paper Page 14.

Demo

In Caspian's official YouTube channel is a demo of the platform

Business plan and Strategy

Source: White Paper Page 18.

Provisional 12-Month Roadmap

Source: White Paper Page 19.

Caspian's Token

Caspian's Token(CSP) is an ERC-20 Token based in Ethereum blockchain. CSP is designed to encourage the use of the platform and for Caspian users to form a community with a common interest. Although it is not necessary to have tokens to use the platform, CSP guarantees a better experience as well as allow users to enjoy benefits.

Caspian Steemit Challenge

If you want to participate in this contest where you can win CSP, you must follow the following instructions:

Go to the page and complete the required fields

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Complete the registration process and make sure to register your Steemit user.
Then you must join the Caspian's Telegram group. The Caspian bot will validate your entry and assign you a profile. If you want to do more tasks and receive CSP you must achieve some easy tasks. This is my profile

Conclusion

Caspian is an excellent tool for both newbies and pro-traders. By having total access to your portfolios and exchanges in one place, the trading activities are easier and, in my personal opinion, the risk of loss is minimized.

Setting limits and alerts that can reach the email even when we are not on the platform is great, it guarantees that you will always be aware of the status of your investments.

It is not practical to have to access different platforms and exchanges to compare prices, place new orders and review order status. I am very excited for this project because brings a great benefit in addition to the value it has with CSP Token that will allow all Caspian users to have something in common and generate a community that I am sure will grow exponentially.