Dropil is an Ethereum-based crypto trading platform with comprehensive graphical user interface (GUI) market analysis tools.
Dropil uses machine learning, big data, and artificial intelligence to power various automated tools and bots on its network, including Dex, a decentralized exchange; Max, a smart wallet; and Arthur, by arbitration. Drops are the original ERC-20 tokens used in the Dropil network.
Dropil is also the name of a for-profit company that operates the Dropil network from Belize. It is managed by founders and developers Zachary Matar and Jeremy McAlpine.
The project is based on realizing that trading cryptocurrencies is much more complicated than it seems at first glance.
Cryptocurrency traders need technical skills, and financial planning is a beast for themselves. People invest for retirement, income generation, and various economic reasons.
Getting financial advice is never easy; many professional advisers cannot advise clients on investing in cryptocurrencies.
Institutional investment giants like JPMorgan Chase, Merrill Lynch, and Vanguard hate Bitcoin and its blockchain brethren, and they’re saying it very clearly.
However, early crypto investors are working so fast in Lambos that they are not very calm either. Dropil’s goal is to make investing in cryptocurrencies accessible to the masses.
This also comes in a year when the bear market stabilizes after the 2017 price manipulation.
Dropil takes pride in removing the stress from investing in cryptocurrencies and simply entering the world of cryptocurrencies.
As Dropil’s tagline states, the project aims to automate the world of cryptocurrency.
That means Dropil takes care of all the hard work when analyzing, trading, and storing cryptocurrency via a range of autonomous tools.
What are some of the essential features of Dropil?
To stand out, Dropil opts for smart reports that emphasize the ease of delivering the information they need rather than wasting time and effort on vague analyses that don’t interest them.
Dropil also allows you to withdraw anytime, anywhere. Dropil is even free to use; the only requirement to access the service is to own Drops. There are no management fees or transactions.
Dropil Autonomous Trading
One of Dropil’s main features is Dex. It is an intelligent trading robot that facilitates automated trading. Unlike other platforms, the exchange of dynamic logic and the bot’s diversification yield unmatched results.
Dex is designed to use dynamic deep-learning algorithms to perform operations. These algorithms are developed in your home and will help you make the best possible money.
The team has been honing Dex over the past year or so so that it automatically trades and scales live marketing strategies for any crypto on any exchange.
The Dex system is also continuously updated automatically based on new calculations of business data.
Dex has several safety nets to achieve consistent results that maximize profits and minimize risk. One secret to its success is its diversification across platforms rather than a single cryptocurrency.
The Dex system also groups investments according to the selected risk level, so your investments remain protected.
Dropil Arbitrage Analysis
Another robot, a smart arbitrage robot named Arthur, provides arbitrage analysis. Arthur provides all the information you need to inform you immediately of the main arbitration possibilities.
Arthur works on tracking the exchange offices and currencies one chooses and will clearly show their price differences.
The arbitrage analysis system can monitor 13 different exchanges for these price changes without an API account.
The team plans to add many more exchanges to improve Arthur’s functionality.
You can customize Arthur however you like, with the ability to manage all 13 exchange offices and ten cryptocurrencies or as many as you like. Adjust your settings by checking and unchecking the box.
Receive telegram and email notifications when you reach the selected alert threshold. Arthur is free for Drop owners with crypto worth at least $50.
Dropil also plans to add premium features in the future, including SMS notifications, execution of SMS arbitrage, personalized alerts for each currency and currency change, and the addition of API keys to enable automatic arbitration.
What Do You Need to Know About the Dropil Smart Wallet?
Among other features, Dropil also has a smart wallet that allows you to store your crypto assets securely. Compared to other wallets, the Dropil smart wallet is more elegant, flexible, secure, and user-friendly.
The wallet will contain a dedicated personal assistant robot named Max.
Drop Tokens
The droplets are the ERC-20 service tokens behind the Dropil system. Droplets run all parts of the Dex system, and users rely on them to store and invest funds.
Thanks to the Ethereum blockchain, Drops enable fast transactions. These tokens are also secured with publicly recorded transactions on the Ethereum blockchain, making them traceable.
There is also a limited supply of drops to prevent deflation and improve prices with increased demand and adoption.
Dropil predicts that the value of Drop tokens will increase over time, thus increasing the net return.
The Dex system uses declining tokens to control the volume of assets its smart trading algorithms manage.
They are also essential for using Arthur for arbitrage and will power innovative smart wallet features like Max.
There’ll be a maximum of 30 billion ever-created drops generated during the symbolic event on January 10. Sixty percent of the tokens were distributed and sold during the ICO, with 20 percent for the founders, 15 percent for the Dropil Vault, and 5 percent for the Dropil team. A lock on 50% of the founder’s token supply is also locked.
When this article was written, Drops were available on Tidex as a trading pair with BTC or ETH and IDEX as a pair with ETH or DAI. Dropil plans to expand the number of exchanges offered by Drops.
How to Get Started With Dropil?
Those wishing to use Dropil to enter cryptocurrencies must start by purchasing Drops. After that, you can create a free account and use all the tools you want, including Dex, Arthur, and Max.
Since you have full control over your drops, you can automatically roll over the refund if you use Dex or withdraw money whenever you want.
DROP tokens are available on the following exchanges at the moment:
- Tidex
- RightBTC
- IDEX
What Does the Dropil Road Map Look Like?
The pre-sale of Dropil started on January 26, and the ICO will run from February 7 to March 7. Mobile wallets for the most popular operating systems were launched in April and May 2018.
Between April and June, Dropil applied a high investment limit. The team is working to integrate Drops into broader public exchanges.
They will discuss implementing the new-generation retirement plan from the third quarter with the platform.
