Short-Term Trading
Our platform is designed for short-term trading based on asset price movements. In each round, users form two pools: those who trade for an increase and those who trade for a decrease. This process is similar to options trading in traditional financial instruments.
Each trading round involves storing data on timestamps as well as opening and closing prices. All processes are automatically managed by our oracle, which sends synchronization transactions to the blockchain.
Stages of Each Round
Open
A new round is created in the smart contract, with start and end timestamps and other technical parameters defined. Users can place trades during this stage.
Start
The oracle sends a transaction with the initial price level, recorded down to the second according to the timestamp from the previous stage. From this moment, trading is closed for users.
Close
The oracle records the final price, the smart contract performs calculations, and payouts are automatically distributed to the pool of users who made the correct prediction.
Short-term trading can be a way to generate income, but achieving consistent results requires time and effort. Successful traders are patient, control their emotions, and continuously improve their skills in chart analysis. It is crucial to objectively assess market conditions and make well-informed decisions.