Dropil DROP to TurtleCoin TRTL Exchange

Crypto Pair Details: DROP to TRTL

Dropil DROP

Dropil offers a full investing suite including financial planning, retirement savings, and of course trading. Their primary target market is inexperienced investors who are looking for an easy way to enter into the cryptocurrency markets, but they also have something to offer the more experienced investor, cryptocurrency and otherwise. And they claim to be able to set-up investment planning for anyone, regardless of their risk tolerance or background. Of course the main selling point of Dropil is the automation of the cryptocurrency trading process. The platform requires little input from investors and claims it will deliver high profit margins and minimal risk of losses. A second part of the Dropil platform is the Arthur bot. This bot is the risk management bot, which manages investor portfolios and also provides arbitrage analysis. While it is less complex than Dex, it is still important as it will monitor up to 13 different exchanges and 10 different coins to find arbitrage opportunities for you. What is most important to note is that this can all be done without the use of an API as well as no user accounts needed. Future plans include expanding this functionality. The final aspect of the Dropil ecosystem is the DROP token, which is an ERC-20 token that was created to help ensure privacy, while also powering the internal economy of Dropil. The team chose to use the ERC20 protocol to help foster compatibility and quick exchange executions to benefit the entire community. The DROP token has a total supply of 30 billion coins, which was determined to be an optimal amount for asset management by the developers. It was also chosen with the optimal user base in mind, as well as the need for coins to be traded and achieve widespread adoption. The need to use the DROP token to access the feature of Dropil should ensure a good implementation and demand for the token. Dropil looks like an interesting project that is tackling the complexity of investing in cryptocurrencies. The idea of automated trading, investing and arbitrage is a compelling one, but it does sound familiar. Stocks, commodities and forex all have these types of automated systems, or robots, that promise guaranteed returns. I have yet to come across one that is reliable in the long term. Perhaps the artificial intelligence algorithm is advanced enough to change that. Perhaps cryptocurrency market movements are easier to analyze and predict.

TurtleCoin TRTL

Turtlecoin is a privacy coin that is forked from Bytecoin. Because of this, turtlecoin has Bytecoin’s privacy aspects to it called RingCT. This coin is more of a meme coin, but there are a lot of serious tech advancements as well. For example, they have a 30-second block time. They also plan on having simple smart contracts sometime soon, since they say they already started development. They have 35 developers on the team and they also plan on somehow making the blockchain smaller to sync faster, but this is TBA on the roadmap, and the details of this are not out yet. Turtle coin uses the cryptonight_lite_v7 algorithm so it is ASIC resistant. Born on the 9th day of December 2017, TurtleCoin faced a backlash from a couple of online forums, not because it had such a funny name, but since its initial single command line and included TRTL giveaways. Luckily, TurtleCoin of about three months later is grown a lot and has various versions compatible with Apple, Windows and Linux OS. Turtlecoin could be the ideal project to get involved in while it is still in the initial stages. There is more potential for return on investment with a microcap coin than there are with established altcoins. Moreover, you do not have to hand over tokens in an overhyped crowd sale to be a part of this. All you really need to do is download the mining software and get hashing. The coin is one of the easiest to mine as was the developer’s intention. Moreover, given the exciting roadmap that the team has ahead for the project, the future prospects also look quite promising. Private smart contracts and no sync blockchains could push the coin towards mass adoption. Fast With blocks being created every 30 seconds on the Turtlecoin blockchain and transactions taking just seconds, sending and paying with TRTL is a breeze. Easy Having an extremely active development team and a lively, helpful community, you can start using TRTL in minutes, no matter your familiarity and/or expertise with cryptocurrencies in general. Mining TRTL is also very easy to get into with simple, detailed how-to guides. Safe With its beginnings as a fork of Bytecoin, Turtlecoin offers the same degree of privacy and anonimity with its use of ring-signatures. Just like using paper cash, paying with TRTL allows you to spend your money the way you want. Being completely open source, the TurtleCoin project is growing daily. We actively encourage the community to jump in with fresh ideas, no matter your skillset or level of experience. Just hop into the discord and say hello!

SOURCE: COINGECKO

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