Topic: [ANN] TOREX - In Trade We Trust (Read 2106 times)

Torex crypto trading platform has developed a crypto arbitrage tool.

You can register an account with Torex and search for crypto arbitrage opportunities on multiple supported cryptocurrency exchanges.

If you wish to learn more about crypto arbitrage, you can read the Torex blog article Arbitrage Trading With Cryptocurrencies Vs. Traditional Foreign Currencies.

Dear Traders,

We are happy to announce, that we have successfully added Coinsbit.io exchange to our trading platform.

Trade with us, use our  trading&analytical tools.

Stay tuned, and follow our upcoming events on Coinsbit.

Trading start on Coinsbit 14 May 2020 at 11:00 GMT⏱


Website | Torex App Download | Telegram Chat | Telegram Channel | Facebook | Twitter | Instagram | Reddit | Medium

TOREX token has already been listed on Coinsbit.io Exchange

Torex.one is a multi-functional crypto trading platform. Exchanging coins and analytical tools are all in one place, where users can trade, gain experience and share their trading strategies.
A universal blockchain platform for trading, which will enable users to acquire and implement various trading strategies and use analytical tools for effective cryptocurrency trading, including cryptocurrency betting and copy trading.

TOR Token at CoinMarketCap: https://coinmarketcap.com/currencies/torex/

Total emission: 100,000,000 TOR.

Pair: TOR/BTC

UPDATED TRADING START: 14 May 2020 at 11:00 GMT


You are welcome to visit https://torex.one for more information

A limit order is a good option for cryptocurrency trading for beginners. This way of trading gives you more control over your assets and allows to save money on fees, unlike a market order.

With limit order you can buy or sell your crypto assets only when the price on the market reaches certain price. The price is set buy you, so you can risks of loses because of sudden market fluctuation. The advantage of a limit order is an ability to sell or buy higher or lower than the current market price. However it might take time for a price to reach the determined level or opposite, the price might raise or fall so rapidly, that the trade will be executed with lower profit level, than it could be in case of higher limits. For the later case, you can split your order into smaller portions with raising price each and reach in that way accumulative effect.

To sum up, limit orders should be used when you do not need to buy or sell crypto assets immediately. Unlike market order, the trade isn’t executed instantly, giving you time to reach the balance between the current market situation and the desired profit. Also, there’s no fees, as you don’t act as a market taker.

Now let’s have a look how to place the limit order in Torex.One:

    1. Choose an exchange with needed assets in “Exchange” list.

    2. In the “Base coin” drop-down list you can choose a coin, which is quoted to the another coin you’re interested in.

    3. Then choose the desired coin pair in the “Coin” list.

    4. Set a deal type with the switcher.

    5. Choose the second coin (not the Base coin) deal volume.

    6. Enter the price you want to execute trade on.

    7. This button turns on the limit.

    8. After setting up and clicking on the Create Order button, you can find your order in the order list.

Torex Functionality Guide: Market Order
How to start cryptocurrency trading? Market order might be an answer. It allows you to buy or sell crypto assets instantly - once the order is placed on the exchange, the deal will be executed with the best price available on the market. As far as market orders are executed the same moment they were placed on the order book, the exchange charges fees. Market orders are used in situations when speed is more important than price, thus newby traders should use this function carefully due to fees and immediate execution of the deal. Choosing the wrong moment to sell or buy your assets might quickly lead to great loss, so that’s why a trader can start with limit orders, which will be explained in the next post.

The reason justifying an exchange to charge fees is called slippage. Market participants place limit orders - the amount of coins they want to buy or sell for the certain price - and form an order book. Market order allows you to execute the deal for the cheapest price instantly, but if the amount of the cheapest order is not enough to fulfill the volume of your market order, then the system automatically “slips” to the next cheapest order. In that case you act as a market taker and that is what you pay fees for.

Torex.One allows you to place orders within exchanges you have a funded wallet on and which API keys were added to Torex trading system. Here is a quick guide on how it’s done:
1. Choose an exchange with needed assets in “Exchange” list.
2. In the “Base coin” drop-down list you choose a coin, which is quoted to the another coin you’re interested in.
3. Then choose a desired coin pair in “Coin” list.
4. Set a deal type with the switcher.
5. Choose the second coin (not the Base coin) deal volume.
If the Price field isn’t active and the Set by price switcher is turned off, it means this is a deal with market prices.
Press “Create order” to send an order. The details of the executed market order can be viewed in the sections “Torex Trade” and “Statistics”.

The cryptocurrency trading platform is currently compatible with Bitfinex, Bittrex, Binance, Huobi, KuCoin and Poloniex crypto exchanges. 17 more exchanges are planned to be implemented within 2020: BKEX, Bibox, Bithumb, BitMax, BitMex, BitZ, Crex24, Coinsuper, HitBTC, IDAX, Kraken, Lbank, OKEx, TOPBTC, and other. You are welcome to start trading on Torex.

Torex Functionality Guide: API connection



Torex.One is a cryptocurrency trading platform that combines all the necessary tools for efficient trading. Though the capabilities of the platform were designed to match high standards of professional and experienced traders, the easy-to-understand interface makes Torex.One suitable for beginners as well. In the series of posts we will introduce platform’s features and give basic instructions on how to use them. Let’s begin with API connection - what it is and how to use it on Torex.

In a nutshell, Application Programming Interfaces (API) is a technology allowing to connect different databases located on different servers. In our case API gets the necessary information from crypto exchanges and displays it on Torex Dashboard. Why wouldn’t you go directly to the exchange? Some crypto currency traders work with several exchanges at the same time, so to monitor the situation on each of them trader has to switch between different interfaces, which can greatly reduce his reaction on market fluctuation. Thanks to API connection, Torex trading platform combines all chosen crypto exchanges’ info in one place, making trader’s work way more convenient and efficient.

Before using API-tool in Torex.One, trader should create an API-connection on the crypto exchange he has account on and obtain Public key and Security key. The method to do it depends on the exchange, but most of the them have instructions on how to set an API connection and explanation on what Public and Security keys are. Pay attention that usually API keys are shown on an exchange website only once and you need to save them separately. Once the keys are available, there are few simple steps required by newly registered traders to connect an exchange to Torex Dashboard:
1. Choose the exchange from the drop down list.
2. Enter Public key in the “Access key” field.
3. Enter the Secret key in the “Secret key” field.
4. Choose a name for the API connection.
5. After all settings are completed, press “Add Exchange” button.
All further exchanges can be added by clicking on a plus like button.

Below the Trading View chart there is an area where your trading tasks can be viewed. This  trading data is displayed with the help of the extensive infographics. More detailed review on this option will come up in latter posts.

As you can see, usage of API trading tool is quite straightforward process and no technical background is required. If you need any assistance on using this feature or want to know more about Torex.One capabilities, please let us know in our Telegram group or send an e-mail to [email protected]

You are welcome to create a free account at Torex crypto trading platform.

TOREX TEAM WISHES YOU AND YOUR FAMILY A MERRY CHRISTMAS AND A HAPPY NEW YEAR!

WE HOPE ALL YOUR BRIGHT DREAMS WILL COME TRUE!

Torex Airdrop completed

Torex airdrop, which took place on ProBit exchange in a period of 3rd-5th December 2019, has finished and tokens were successfully distributed. We would like to thank 5842 new Torex clients who took part in that airdrop activity.

Everyone interested is welcome to create an account at https://torex.network and use the already developed tools free of charge.

Torex IEO: Round 2 has closed. Our team keeps actively developing the cryptocurrency trading platform.

The platform is aiming to become the universal solution tool for crypto traders. Crypto arbitrage, advanced analytics, a price monitoring tool and, of course, trading on multiple exchanges via API - all of these features are combined together on the Torex platform. Torex is integrated with multiple exchanges and many more will be added in the near future.

The third round will be held in January 2020. In the upcoming round, Torex will offer 500 000 TOR. All TOR buyers are eligible for a 15% bonus.

You are welcome to join us on ProBit!

On the occasion of our IEO Round 2 on ProBit, we'll be giving away 100k TOR tokens. The airdrop will run from 3 December, 17:00 KST till 5 December, 12:00 KST. You can get 5 TOR just for joining the Torex platform.

The rules are very simple:

Sign up to https://torex.network/.

Sign up on ProBit exchange within the period of the airdrop to get your rewards.

Make sure to use the same email address for your accounts on Torex and ProBit.

ProBit will distribute the rewards within a week after the end of the airdrop.

Reminder: IEO Round 2 will start at 15:00 KST on December 5 and end at 14:59 KST on December 12.

You can find more info about the airdrop on the ProBit website — https://support.probit.com/hc/en-us/articles/360037089932-ProBit-x-Torex-TOR-Airdrop-Event.

Yu can see here ibnformation regarding fees: https://www.probit.com/en-us/ieo/tor-round1/0
The Giveaway is being updated. Stay in touch, there will be an announcement about the exact event.


Because its fast and
scalable blockchain.

Ok. Where can I see more complete information about previous and current fees? You have information on the site that 5% will be allocated on the bounty, and in the white paper it says that there will be an airdrop.

I don’t have the opportunity to write in a telegram chat. Why did you choose ICON blockchain?

Our platform will connect to other exchangers using API. You need to look at the instructions for the specific exchanger.


Depending on the amount and time, the discount varied. In more detail we will be able to answer you in our telegram chat https://t.me/torexofficial

Now investors are given a discount of 45%, information on your site. What discount was given to early investors?

1st IEO round is live right now! You are welcome to take a part:

https://www.probit.com/en-us/ieo/tor-round1/0

There were private rounds for early birds, mate

Hello, right
You are welcome to participate:

https://www.probit.com/en-us/ieo/tor-round1/0

Hello

IEO starts tomorrow, do I understand correctly?

According to the data on your website, you have already collected more than 2 million dollars. Are funds raised in the crypt? Where can I see confirmation of this information?