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TeraBlock Is Making Crypto Accessible to Newbies

May 12, 2021
in Crypto News
Reading Time: 3 mins read
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In just a few short months, the cryptocurrency market cap has more than doubled to $2.2 trillion. The asset class that used to be a curiosity has emerged as a viable investment. But most of the rewards are concentrated in the hands of people who “speak” the crypto language and “get” the world of decentralized finance.

TeraBlock aims to change that by making crypto accessible to the masses by their AI-powered dashboard that allows learning and trading with confidence using a noob-friendly interface.

Shivam Tandon, the founder of TeraBlock, decided to build the trade automation exchange after many of his friends and family members started approaching him with queries. They wanted to know how to buy cryptocurrencies, where to buy, which ones to buy, and how to manage their crypto portfolios. Shivam is a serial entrepreneur and crypto trader who was using algorithms to trade cryptocurrencies 24/7. 

Shivam adds “Most of the people approaching me didn’t even have a basic understanding of digital currencies, let alone the skills and smarts to successfully trade crypto assets”. “Ive decided to build TeraBlock from the ground up to people like my friends or my family members to trade cryptocurrencies with confidence while minimizing the downside risk” he adds.

Making newcomers feel at home

There are 9,529 cryptocurrencies and 372 exchanges worldwide, according to CoinMarketCap. No matter how interested a newbie is in figuring out cryptocurrencies, wallets, blockchain, and DeFi, they’ll need some guidance along the way. 

TeraBlock uses machine learning to help newcomers explore the possibilities offered by the crypto industry, trade with confidence, and minimize the downside risk through automation. 

TeraBlock allows newcomers to buy crypto assets of their choice using a debit or credit card. They can also transfer their assets to TeraBlock at no extra cost. Then, it acts as a bridge between the fiat and crypto worlds, making it ideal for people eager to enter the crypto world for the first time. It ensures that the transactions are smooth, safe, and fast. 

Crypto trading on autopilot

One of the biggest hassles for a newcomer is tracking the price movements and rebalancing the portfolio. You can’t be there 24/7 even though your mind is always occupied with the price movements.

TeraBlock automates the trading to help you easily manage your funds. It gives users four pre-defined indexes to choose from. They are based on the asset performance, total market cap, project overview, and statistical data. 

The trading algorithms will buy assets based on your directions and will continuously monitor the market. 

If the market starts correcting, TeraBlock’s algorithms will automatically exit the pair. The algorithms will wait for the market trends to change before they start buying for you again. It minimizes volatility and prevents you from making irrational decisions in panic.

For users who have some basic knowledge of crypto trading, TeraBlock allows them to create their own portfolio of cryptocurrencies. Traders can pick from an existing trading strategy or create their own strategy to trade for profit or stop loss. 

Once you have selected the portfolio and the rules, TeraBlock’s machine learning algorithms will manage your portfolio on autopilot. 

TeraBlock has a partnership with Binance Cloud, giving its users instant access to superior technology, security, and deep liquidity. It means users can quickly exchange between their favorite cryptocurrencies without having to worry about spreads or slippage. 

The cryptocurrency trade automation exchange doesn’t charge any hidden fees, management fees, or subscriptions. You pay only the standard trading fee for both manual trading and automated trading.

You have the freedom to withdraw your entire fund in a single asset or withdraw individual assets at any given time.

 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Credit: Source link

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