Coins and dragons - project overview

In two words this project allows you to do 4 things:

You will be able to track balance on different exchanges in one place.

You can see how it works at our demo account https://coinsdragons.com/users/xxx1

Stop using this laggy exchanges interfaces and use usable one instead

-Do in one action, what you usually do in 7 actions to manage single trade manually right now.

-Free from trading 29 from 30 evenings each month. You can still use them for analysis though.

-You will be able to track your results and see each trade pnl

- I know that everyone promises to do this, hopefully we'll to it first.

Now we will dive deeper into each feature

1. PORTFOLIO TRACKER

live balance >50 exchanges

history of trades

spot+margin+futures account

money spend on fees

leaderboard

You can see how it works at our demo account:

2. Terminal for trading – place trades for multiple exchange at one page

You don't have to use laggy exchanges interfaces anymore.

3. CopyTrading

HOW COPY TRADING WORKS?

1. TRADER transmits signal (TEXT_SIGNAL,TELEGRAM_BOT, EXCHANGE_API)

2. Followers => Copy automatic trades through API

3a How it works for user?

1.Set up api keys

2. Chose best trader using reviews and pnl stats.🧨🧨🧨

3. Select trade settings(Amount for each trade, Leverage)

4-5. Track results and leave reviews

And enjoy automatic trades with sl and tps placements

3b How it works for trader?

1.  Create a signal channel

-name

-description

-fee $/month

2.   Send a signal

-Manually enter a signal as text

-Connect bot to parse existing telegram channel signals

-Connect exchange to copy automatically trades you make there

-API

3. Get "+" reviews, get more followers and earn more money!

🧨🧨🧨

3c How it works for us?

1.     We collect additional fees for subscriptions

2.     35% of profits go to marketing

3.     10-20% goes as rewards to our token holders

4.     25% new features development

💣💣💣

3d How it works for token holders?

1.Discount on subscription fees

2. Farming rewards:

-10-20% of profits each month goes to token holders

- Increased farming rewards for early adopters(private sale) (2-10x)

*Coeficient of increased rewards depends on holding days, amount of tokens and overall amount bought tokens by other users through private sale.

🧨🧨🧨

ROADMAP

1.June 2020 - November:

MVP prototype development

2. December 2020

Beta testing:

-Copy trading

           -Text signals

           -Telegram channel bot

           - Copy trades through traders exchange API

-Live balances, -Trades history, -Leaderboard, -Fees info(money you gave to exchanges)

3.December 2020 – marketing campaign & token launch

4.December 2020 – January 2021

Start Farming rewards program

5.February 2021 IOS + ANDROID mobile app

6. March 2021 New features development

🧨🧨🧨

Tokenomics:

Token name - coinsdv1

Token type - erc 20

Total supply – 5 mln tokens

Exchange - uniswap

Uniswap link - to be revealed after private sale

Startup token price - Also will be known after private sale

Private SALE

Min amount: 100 usdt

We accept: usdt, usdc

Max amount: as much as you want

Private sale price: ~0.70 usdt/token

Vesting period: no vesting period

Where money from private sale will go?

40% of total money from private sale will go to uniswap liquidity providing

35% marketing

25% reserve fund

How users will benefit from participating in private sale?

Our token will be useful since there will be rewards to its holders.

We will share up to 30 % of revenue from subscriptions between token holders.

😊😊😊

Also users will be able to get discounts to purchase monthly subscribtions. So we will try to create a demand for our token and price will go up.

1.Make 90% less actions to manage a trade and free your time

Usual signal from telegram channel looks like this:

What you user has to do:

1Place a limit BUY order

2 Wait till entry is triggered

3 Set OCO orders for stop-loss and take profit in case of spot trade

4* If tp1 is hit => move SL at entry price, so the profitable trade won’t become losing one.

4a. If it is a spot trade, you should cancel 4 oco ORDERS and set a new ones with new SL

*If user doesn’t already have ETH in his account - he can’t set TP&SL order from #3 before entry is triggered, so he has to wait.

So to sum up the idea:

in case futures trade user has to do ~7 actions(1 order = 1 action)

We have to place 4 TP orders, 1 entry order, 1 SL order, and edit SL order when TP1 gets hit. That’s 7 actions to manage a trade + time to be near by the phone or set some reminders and notification not to miss when entry gets hit to set tp and sl orders.

In case of spot trade more than 10 actions

If we have spot trade we might need even more actions: 1 entry order, wait, 4 OCO orders, cancel 4 OCO orders to set a new SL, set 4 new OCO orders. Number of actions can be > 12

The problem is: managing trades takes time and energy, especially if there is more than one signal

The solution: Our system makes this trades automatically. In just couple of simple steps:

1.You copy text trade from the telegram channel you see and paste it to textarea.

2. Click save()  

And you are done. Everything else is managed for you by our system 🧨🧨🧨

1a. Never miss a signal again

Sometimes I see the trades, but I had a busy and don’t want to spent my time on them in the evening cause I am to tired or to lazy to log into binance account and set a sl and tp trades and leave it like this.(Because managing trades takes to be big amount of steps)

2 See the results of your trades

I’ve been copying many trading groups and have no idea if I am in profit using them or not. Now you can easily track your pnl results.

3.If you are a trader

-You can add our bot to your telegram trading group and it will automatically parse the trades and deliver them to your followers.

-You can connect your exchange account and we will automatically fetch your orders and users will copy them with small delay ~around 10 seconds.

So you will provide better service for your users and can earn more money and get more subscribers (or why else are you doing this?:P). And also you will be able to get rid of simple questions as – was the entry already hit?

4. There are many telegram signals groups

And I personally have no time and desire to manually copy trades from them

Even if you are not a trader and can’t add a bot to the group with signals you can use telegram api and simple script, to automatically send them to our service through API. Trade group owners might not even know about this. Yeah, that’s not really polite, but we are not the ones who can judge you.We just try to provide good and useful service to people and it's up to you how you use it.

Or you can copy signal text and paste it to textarea and the system will parse it. Still better than manually entering and managing stop losses

5 Move sl to breakeven when you are in profits

I am always lazy to move SL to breakeven when I am in profits and I often don’t do this. => I lose money.

Our system has a signal option to do this automatically: 

5 WHY ARE WE BETTER THAN OTHER PORTFOLIO TRACKING APPS?

1.We are not just portfolio tracking app - we are more like community and social ladder. Where you can track results,share with others, participate in leaderboard and trade, spent less time on trading and more on life activities, especially if are not doing trading fulltime.

2.I’ve personally used several portfolio tracking apps (all free versions) - most popular ones, you can easily find them in google

Why I was really disappointed:

a.    Neither of them had futures + margin account for binance,it showed me only spot balance. But I want to track my futures trades stats.

b.   History parsing was really laggy on one of them (~40 minutes) and didn’t succeed on the other. We managed to do full trades history parsing ~ like 50 times faster.

c.    They didn’t have public stats where I could see other traders results. Yeah I know that Binance made leaderboard, but it only works for futures and it was introduced recently and doesn’t have copytrading.

d.   Overall experience I would call laggy and slow. Sometimes it worked, sometimes my phone froze for one minute.

e.    And I don’t know why but one of the apps stopped updating correctly and shows me not accurate old balance. Our system provides accurate results.

f.     They don’t have fee information but I am very interested in how much money exchanges doing on me

We Build our system because we had an idea of really useful portfolio tracking app. Then it involved in copy trading and managing the trades from one page.

We did our best to provide fast and usable experience and deliver accurate results.

TELEGRAM: @coinsdragons

Website: coinsdragons.com

Twitter: https://twitter.com/coinsdragons