Cryptorg Announces of Trade-to-Mine Mechanism via Trading Bots
From May 1, 2019, the platform will begin to provide users with the possibility of mining (trade-to-mine) by trading bots.
Cryptorg was founded in 2017. The service is designed to automate trade on various cryptocurrency exchanges. It has a user-friendly interface for creating and configuring trading bots and is available 24/7/365. It offers customized notifications via Telegram, group chat, and many other buns – Roadmap.
From May 1, 2019, the platform will begin to provide users with the possibility of mining (trade-to-mine) by trading bots. Cryptorg is launching its own ERC20 token on the Ethereum network to charge rewards. Rewards will be charged for each successful deal completed by the bots. Tokens can be withdrawn from the platform to an external wallet. The more tokens you have, the more rewards you will receive for each transaction with bots.
How does Trade-to-mine work?
Trade-to-mine is a model for obtaining tokens by trading with bots on the Cryptorg platform. It is not required for classic mining (GPU farms and ASIC devices). To get more income, you need to make as many trades as possible using bots.
Once a day the platform will generate a block, strictly containing a fixed number of tokens. Coins from blocks will be distributed between traders (depending on the performance of their deals), as well as between holders (wallets or accounts with more than 100,000 CTG tokens). Every 120 days the number of generated coins will change. This approach will provide stable financial growth for users and ensures that they will get benefit from mining.
We are confident that the platform will continue to evolve. An increasing number of traders will use it for work, and the community will grow. We will issue 19 million tokens (19 percent of the total) for crypto fans who want to support the project, as well as holders, who believe in token growth and want to accumulate CTG tokens through “passive trading”.
The number of tokens in a package is 100,000 with a fixed price of one cent per token. The maximum possible number of packages to purchase is 190. Packages will stop to be formed as soon as the total number of sold coins reaches 19 million. Funds received from the sale of tokens will go as payment for listing on the cryptocurrency exchanges.
Attention! Each account or wallet owning more than 100,000 tokens receives a portion of the profit from mining (proportional part of 30 percent of the daily reward). The most profitable option is to keep tokens on Cryptorg and trade bots at the same time. In this case, the weight of deals will be the highest (see the formula above). This will allow you to extract the maximum profit from trade mining. Users who store tokens on the platform will be reward daily. Transfers to wallets in blockchain will be weekly.
CTG Token Requirement
- Trading on cryptocurrency exchanges. Listing on 2-3 exchanges are planned in the 2nd quarter of 2019.
- Payment of tariffs on Cryptorg.net with an additional benefit.
- Possibility to buy different digital products in the internal marketplace.
- Payment of tariffs on Cryptorg subsidiary projects with margin trading.
- Token introduction as the main unit of account for copy-trading on Cryptorg and its subsidiary projects.
- Payment of tariffs on Tradingbeep.com with an additional benefit.
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