Blox (CDT) was formerly known as CoinDash, is a platform for “social trading” based on three-layer cryptography technology, designed to help and assist new and experienced users in creating, managing and maintaining cryptocurrency trading portfolios and also to maximize your profits.
DEVELOPMENT OF THE BLOX TEAM:
Blox, based in Israel , is a crypto startup based on Blockchain technology co founded by Alon Muroch and Adam Efrima in 2016 as CoinDash, with its headquarters in Tel Aviv.
Blox currently employs around 11 to 50 people .
WHAT ARE THE BENEFITS OF BLOX ?:
THE TECHNOLOGY OF THE BLOX WORK TEAM:
Blox is currently in its trial stage with approximately 1,000 participants actively testing the platform and returning comments related to possible adjustments or improvements that can be made, which makes it similar to an open source ideology without really being one.
According to Blox’s official website, “the main obstacle facing the cryptocurrency industry is the entry barrier that inhibits mass adoption.”
The barriers to investing , managing and interacting with commercial platforms generally discourage inexperienced traders , or possible new crypto investors, from entering the investment market. This is where Blox comes into play, or so the crypto startup expresses.
A user who uses the Blox will be able to observe all the commercial activities of his fellow traders. The user can also copy and create their commercial portfolio according to the portfolio of experienced operators already included in the platform.
The use of this solution results in rewards that consist of the CDT token , and customers can also access Premium features in Blox by making a payment with CDT.
As a result, users can obtain the CDT token showing their own private and individual portfolio and their business activities. This will allow the client to be consumers and creators at the same time.
Blox also offers information in accordance with the individual wallet and business decisions by tracking the transactions of users in the chain of blocks of the crypto company.
WHAT IS COPY TRADING ?:
Certain users who wish to directly copy the commercial strategies of the main investors can make use of the Smart Contracts technology used by Blox. They can assign a certain part of their active crypto hodl to create this duplicate wallet.
CHARACTERISTICS OF THE BLOX PLATFORM:
Blox provides traders with easy and simple means to make smarter decisions related to investments in cryptocurrencies.
The following tools are available at the moment , and it is expected that the team of this cryptocurrency updates & news startup will add more tools in the future.
- Portfolio Management: Provides analysis of their performance according to the market and provides an automated view of the selection of investments and the portfolio of clients.
- Trader Network: Gives access tools to the wallet of existing users and also allows users to follow, copy and imitate the strategies of other successful merchants by simply clicking on “copy trade”.
- Marketplace: It is a completely new platform where users can explore new trends in cryptocurrency or ICOs, trade in the secondary market and also collect some statistics of the crypto market in real time.