WhitePaper

Last updated 1 month ago

WhitePaper

Whatrade.xyz - Bitcoin leverage trading without forced liquidation

1. Introduction

Mission and Vision: whatrade.xyz was established to enable traders to maximize their profits without the worry of liquidation. Our mission is to provide a platform that eliminates liquidation risks, offering traders a safer and more secure environment for their trades. Our vision is to empower every trader to succeed in their trading journey by creating an environment where victory in trading is achievable for all.
Market Analysis: The largest segment of the futures trading market is Bitcoin futures. One of the major issues with futures trading, particularly when leveraging, is the risk of liquidation. When traders use leverage, they are exposed to the possibility of sudden market movements leading to forced liquidation and substantial losses. whatrade.xyz addresses this issue by removing the risk of liquidation, allowing traders to focus on maximizing their profits without the constant concern of liquidation. Globally, the cryptocurrency futures market is worth trillions of dollars, with Bitcoin accounting for approximately 60% of this market. Every year, billions of dollars are lost to liquidations, which poses a significant challenge for traders. whatrade.xyz aims to solve this problem and play a crucial role in the futures trading ecosystem.

Problem Definition

Current Issues: In Bitcoin leverage trading, many traders experience liquidation and lose significant amounts of money due to market volatility. To address this issue, there is a need for a solution that allows traders to engage in Bitcoin leverage trading without the constant worry of liquidation.
Proposed Solution: whatrade.xyz leverages AI technology to analyze altcoins that correlate with Bitcoin's leveraged price movements (both upward and downward trends). The platform then recommends these altcoins to traders and provides immediate support for executing these trades through decentralized exchanges (DEX), enabling seamless and secure transactions.

Service Overview

Key Features: whatrade.xyz provides key functionalities focused on analyzing altcoins that align with Bitcoin's leveraged price movements. Through AI-driven analysis, the platform recommends altcoins suited for Bitcoin leverage strategies and enables seamless trading of these altcoins via decentralized exchanges (DEX), ensuring both convenience and security.
Target Audience: The primary users of whatrade.xyz are spot traders and traders who have experienced liquidation in leverage trading. The platform offers these users a safer alternative, allowing them to maximize their profits without the risk of liquidation while leveraging the insights provided by AI-driven altcoin analysis.

Team Overview

Founders and Team: whatrade.xyz is led by a talented and experienced team, each bringing unique expertise to the project.
- Development Team: The development is spearheaded by Jason An, the founder of Sendinair (sendinair.com), a renowned expert in blockchain technology and decentralized platforms.
- Marketing Team: Marketing efforts are driven by SMD (Yarhunter), a professional with extensive experience in strategic marketing and community engagement.

Token Economy

Token Structure and Utility: The native token of the whatrade.xyz platform serves multiple purposes, ensuring smooth operation and user engagement. The token will be used for:
- Transaction Fees: Traders can use the token to pay for reduced fees when executing trades on the platform.
- Staking and Rewards: Users can stake tokens to earn rewards, gain access to premium features, or receive higher AI-powered altcoin analysis insights.
- Incentives: The token will be distributed as incentives to active users who contribute to the platform's liquidity, referrals, or successful trades.
The token will have a fixed supply, with a detailed distribution plan that includes allocation for the development team, ecosystem growth, community rewards, and strategic partners. A portion of the tokens will also be reserved for future platform upgrades and expansion.
Governance: Token holders will have a say in the platform’s future developments through a decentralized governance model. They can vote on key decisions, including platform updates, new features, or changes to transaction fees. This ensures that the community actively participates in shaping the direction of the platform.

Roadmap

Short-term Goals (Q4, 2024):
- Platform Launch: Officially launch the full version of whatrade.xyz, incorporating core features like AI-driven altcoin analysis and DEX integration.
- User Onboarding: Initiate a targeted marketing campaign to onboard spot traders and those who have experienced liquidation, focusing on driving initial user engagement.
- Token Generation Event: Complete the token generation and distribution process, including allocations for early adopters, development team, and strategic partners.
Mid-term Goals (2025):
- Feature Expansion: Introduce additional functionalities to the platform, such as support for more cryptocurrencies and advanced trading strategies.
- Strategic Partnerships: Establish partnerships with additional decentralized exchanges (DEXs) and liquidity providers to enhance platform capabilities and reach.
- Staking and Rewards Program: Launch the staking and rewards program to incentivize active participation and enhance user retention.
Long-term Goals (2026 and beyond):
- Decentralized Governance: Implement a decentralized governance model, allowing token holders to vote on platform decisions, updates, and new feature proposals.
- Global Expansion: Expand whatrade.xyz's reach to key international markets, including Europe, Asia, and North America, to attract a global user base.
- Continuous Improvement: Regularly update and refine AI algorithms for altcoin analysis, incorporating user feedback and adapting to market trends to ensure the platform remains cutting-edge.

Last updated 1 month ago

Whatrade.xyz - Bitcoin leverage trading without forced liquidation

1. Introduction

Mission and Vision: whatrade.xyz was established to enable traders to maximize their profits without the worry of liquidation. Our mission is to provide a platform that eliminates liquidation risks, offering traders a safer and more secure environment for their trades. Our vision is to empower every trader to succeed in their trading journey by creating an environment where victory in trading is achievable for all.
Market Analysis: The largest segment of the futures trading market is Bitcoin futures. One of the major issues with futures trading, particularly when leveraging, is the risk of liquidation. When traders use leverage, they are exposed to the possibility of sudden market movements leading to forced liquidation and substantial losses. whatrade.xyz addresses this issue by removing the risk of liquidation, allowing traders to focus on maximizing their profits without the constant concern of liquidation. Globally, the cryptocurrency futures market is worth trillions of dollars, with Bitcoin accounting for approximately 60% of this market. Every year, billions of dollars are lost to liquidations, which poses a significant challenge for traders. whatrade.xyz aims to solve this problem and play a crucial role in the futures trading ecosystem.

Problem Definition

Current Issues: In Bitcoin leverage trading, many traders experience liquidation and lose significant amounts of money due to market volatility. To address this issue, there is a need for a solution that allows traders to engage in Bitcoin leverage trading without the constant worry of liquidation.
Proposed Solution: whatrade.xyz leverages AI technology to analyze altcoins that correlate with Bitcoin's leveraged price movements (both upward and downward trends). The platform then recommends these altcoins to traders and provides immediate support for executing these trades through decentralized exchanges (DEX), enabling seamless and secure transactions.

Service Overview

Key Features: whatrade.xyz provides key functionalities focused on analyzing altcoins that align with Bitcoin's leveraged price movements. Through AI-driven analysis, the platform recommends altcoins suited for Bitcoin leverage strategies and enables seamless trading of these altcoins via decentralized exchanges (DEX), ensuring both convenience and security.
Target Audience: The primary users of whatrade.xyz are spot traders and traders who have experienced liquidation in leverage trading. The platform offers these users a safer alternative, allowing them to maximize their profits without the risk of liquidation while leveraging the insights provided by AI-driven altcoin analysis.

Team Overview

Founders and Team: whatrade.xyz is led by a talented and experienced team, each bringing unique expertise to the project.
- Development Team: The development is spearheaded by Jason An, the founder of Sendinair (sendinair.com), a renowned expert in blockchain technology and decentralized platforms.
- Marketing Team: Marketing efforts are driven by SMD (Yarhunter), a professional with extensive experience in strategic marketing and community engagement.

Token Economy

Token Structure and Utility: The native token of the whatrade.xyz platform serves multiple purposes, ensuring smooth operation and user engagement. The token will be used for:
- Transaction Fees: Traders can use the token to pay for reduced fees when executing trades on the platform.
- Staking and Rewards: Users can stake tokens to earn rewards, gain access to premium features, or receive higher AI-powered altcoin analysis insights.
- Incentives: The token will be distributed as incentives to active users who contribute to the platform's liquidity, referrals, or successful trades.
The token will have a fixed supply, with a detailed distribution plan that includes allocation for the development team, ecosystem growth, community rewards, and strategic partners. A portion of the tokens will also be reserved for future platform upgrades and expansion.
Governance: Token holders will have a say in the platform’s future developments through a decentralized governance model. They can vote on key decisions, including platform updates, new features, or changes to transaction fees. This ensures that the community actively participates in shaping the direction of the platform.

Roadmap

Short-term Goals (Q4, 2024):
- Platform Launch: Officially launch the full version of whatrade.xyz, incorporating core features like AI-driven altcoin analysis and DEX integration.
- User Onboarding: Initiate a targeted marketing campaign to onboard spot traders and those who have experienced liquidation, focusing on driving initial user engagement.
- Token Generation Event: Complete the token generation and distribution process, including allocations for early adopters, development team, and strategic partners.
Mid-term Goals (2025):
- Feature Expansion: Introduce additional functionalities to the platform, such as support for more cryptocurrencies and advanced trading strategies.
- Strategic Partnerships: Establish partnerships with additional decentralized exchanges (DEXs) and liquidity providers to enhance platform capabilities and reach.
- Staking and Rewards Program: Launch the staking and rewards program to incentivize active participation and enhance user retention.
Long-term Goals (2026 and beyond):
- Decentralized Governance: Implement a decentralized governance model, allowing token holders to vote on platform decisions, updates, and new feature proposals.
- Global Expansion: Expand whatrade.xyz's reach to key international markets, including Europe, Asia, and North America, to attract a global user base.
- Continuous Improvement: Regularly update and refine AI algorithms for altcoin analysis, incorporating user feedback and adapting to market trends to ensure the platform remains cutting-edge.