AI Technology Review
If your website is on the scam list and you think that you are not a scammer, contact us. After you provide us with all the proof that you are in Crypto World with good intentions, we will delist you. Usually, you get in this category because you are hiding your team, you have a bad reputation(you are tricking, deceiving, scamming people), and you haven't got a written project whitepaper or is a shitty one....
Their Official site text:
AI Technology provides users with a versatile platform for leveraged trading, accommodating tokens of varying sizes and market capitalizations. By harnessing the power of smart contracts accessible through the TEK Decentralized Application (DApp) or the TEK Telegram integration, users can effortlessly initiate both long and short positions across a wide spectrum of cryptocurrencies, including meme-based tokens. Complementing this feature is the integration of AI-driven trade analytics, bestowing users with a substantial competitive edge. This technology equips traders with dynamic options to align with their individual risk profiles, fostering a more tailored and responsive approach to asset management. In essence, AI Technology empowers users to optimize their capital allocation according to their unique preferences and strategies, promoting financial autonomy and flexibility in the ever-evolving world of cryptocurrency trading.
We are also developing a secret tool that integrates artificial intelligence with a banking and leverage system, which we plan to implement in the next few months.
MEME Leverage Trading
A remarkable feature of AI Technology Leverage is its capacity to enable users to take long or short positions on low market cap coins well before they are listed on centralized exchanges. Yes, you read that correctly – with AI Technology, you can even leverage trade in the realm of Memes and other tokens typically associated with low market capitalization.
Dive into a rich ecosystem of features that make $AITEK the go-to platform for a dynamic and rewarding trading experience:
Different Leverage Options (2x, 5x, 10x, 20x, 30x): Tailor your investment strategies with flexible leverage options. Whether you're a seasoned trader or just starting, we offer the tools to multiply your potential gains exponentially.
Leverage Both Sides - Long or Short: Navigate the markets your way with the option to leverage both long and short positions. Capitalize on market movements in any direction, and craft strategies that align with your financial goals.
What makes TEK stand out?
While many platforms offer leverage trading, TEK distinguishes itself by enabling users to engage in leverage trading with lower market cap tokens. With AI Technology Leverage, you have the ability to take both long and short positions on low-cap meme tokens well before they are listed on centralized exchanges, granting you a unique advantage free from the constraints of traditional market intermediaries.
Telegram Advantage: Traders flock to Telegram not only for communication with their peers but also to access data, stay updated on the crypto market, and utilize trading technology, all within one convenient app. It's remarkable to compare Telegram's features from 2020 to its current state in 2023. It's worth noting that technology provided by various companies and bots has made it easier for cryptocurrency users to explore new products entering the market.
What sets TEK apart? TEK distinguishes itself not just because of its "leverage technology" but because of its unique features compared to other available options. TEK offers leverage technology that operates through smart contracts, ensuring the security of your funds. What's even more significant is the opportunity to long or short low market cap tokens well before they are listed on centralized exchanges. Yes, you read that right—users can even leverage trade memes.
TEK Genesis Limits
Initially, there will be predefined minimum and maximum investment limits in place. However, TEK's commitment to user-centric development means that these limits will evolve based on valuable feedback and in response to the available liquidity within specific token pools. This iterative approach ensures that as the platform grows and matures, users will not only benefit from an enhanced and dynamic trading experience but will also witness an increased capacity for investment to align with the liquidity and demand of the tokens they are trading. This adaptable system underscores TEK's dedication to accommodating its users' evolving needs and preferences while maintaining a secure and responsive trading environment.
How It Works
AI Technology Leverage simplifies cryptocurrency trading by allowing users to speculate on price movements through derivative positions, with prices mirrored from the Uniswap Router. Leverage options add flexibility to your trading strategy, and the ability to close positions at any time provides control over your investments.
Derivative Positions - When you engage in trading on the AI Technology Leverage platform, whether you are going long (betting on an asset's price to rise) or going short (betting on a price decline), you are essentially opening a derivative position. This means that you are not directly buying or selling the underlying tokens like you would on a traditional exchange. Instead, TEK allows you to speculate on the price movement of the cryptocurrency without the need for actual token ownership.
Price Mirroring - The platform mirrors the price of the cryptocurrency you are trading by fetching it from the Uniswap Router. Uniswap is a decentralized exchange, and its Router is used to access real-time token prices. TEK leverages this data to replicate the price movements, enabling traders to profit from the cryptocurrency's fluctuations without having to deal with the actual tokens themselves.
Leverage Options - TEK provides users with the option to select their desired level of leverage. You can choose from leverage ratios of 2x, 5x, or 10x, depending on your risk tolerance and trading strategy. Higher leverage amplifies potential gains but also increases the risk of significant losses. The platform calculates a liquidation price based on your chosen leverage, at which point your position may be automatically closed to limit potential losses.
Flexibility - One of the key advantages of trading on TEK is the flexibility it offers. You are not locked into your position until a predetermined expiration date. Instead, you have the freedom to close your position at any time. This means you can capture profits or cut losses according to your trading strategy and market conditions, giving you greater control over your investments.
In the dynamic ecosystem of crypto investments, we at $AI believe in fostering a community where success is a mutual journey. Our revenue sharing model stands as a testament to our commitment to creating a platform where everyone reaps the benefits of growth and progression.
Empowering Stakeholders with Revenue Sharing
As a holder of $AI, you are not just an investor but a valued stakeholder in a venture that seeks to redefine the boundaries of crypto trading. Our revenue sharing plan is structured to distribute a portion of the platform's earnings back to the community, paving the way for a cooperative and prosperous ecosystem.
This inclusive approach ensures that as $AI flourishes, so does your investment. Our revenue-sharing mechanism is designed with transparency and fairness at its core, promising a share in the success that is directly proportional to your stake in the platform.
How We Make Money From The Platform ?
Our platform has implemented a revenue model that involves charging a 5% fee (subject to change) when a trader enters a position. This fee structure is an integral part of our business strategy, ensuring the sustainability and continued development of our services. When traders initiate a leverage trade using our platform, the 5% fee is automatically applied, helping to cover operational costs, enhance security measures, and invest in further technological advancements. This approach balances the need to provide traders with a robust, secure trading environment while also maintaining a viable business model. The fee is transparently integrated into the trading process, ensuring that traders are always aware of the costs associated with their transactions. This revenue model allows us to continually improve our offerings and provide traders with an efficient, secure, and user-friendly platform for leverage trading, especially in the dynamic and often challenging market of low cap tokens.
Our platform is committed to continuously enhancing user experience and value. As part of this commitment, we have plans to lower the trading fees in the future
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Our platform prioritizes the safety and security of our users' investments. At the core of our approach to ensuring safety is the use of advanced smart contracts. These smart contracts are meticulously designed to automate and secure all trading transactions. By executing trades based on predefined conditions, they minimize the risk of human error and eliminate the possibility of manual manipulation. Furthermore, our smart contracts undergo rigorous testing and auditing processes to ensure they operate as intended under all market conditions. This level of automation and scrutiny provides a highly secure environment for leverage trading, particularly in the volatile realm of low cap tokens. Our commitment to using state-of-the-art smart contracts reflects our dedication to providing a safe, reliable, and trustworthy platform for all our users.
Smart contracts on blockchain technology are tamper-proof and execute automatically when predefined conditions are met. This means that when you engage in leverage trading on the TEK platform, your assets and trades are protected by the inherent security of blockchain. The use of smart contracts ensures that your funds are held securely, reducing the risk of fraud or manipulation.
Transparency - Blockchain technology, which underpins smart contracts, is known for its transparency. All transactions and contract executions are recorded on the blockchain and can be independently verified. This transparency builds trust among users as they can verify the accuracy of their trades and monitor the platform's performance in real-time.
Trustless Transactions - Smart contracts eliminate the need for intermediaries such as traditional financial institutions or brokers. This "trustless" nature of smart contracts means that you don't need to rely on a third party to manage your trades. You have direct control over your assets and trading decisions, reducing counterparty risk.
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Safety While Executing Trades
Trades executed from the dapp are safest as the transaction is confirmed by the user itself, with Telegram Bot the private key is at a risk because of third party Telegram , though all our codes are secure and users need not worry about using the bot.
We do not save any user information permanently in database , The trade details are present on the blockchain and accessed through web3. The private key is only used to execute user trades. For paramount safety we have added a function to delete saved private key entered with the bot, and you can always use the dApp by just connecting through your web3 wallet
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What Is Liquidation ?
Liquidation in the context of leverage trading is a crucial mechanism that occurs when a trader's position falls below a specified margin requirement. Essentially, if the value of the assets held in a leveraged position drops to a point where it no longer covers the required margin, the position is automatically closed, or "liquidated," by the platform. This process is designed to minimize potential losses and protect both the trader and the platform from incurring a negative balance. Liquidation is a key risk management tool in leverage trading, ensuring that losses do not exceed the trader's initial
How To Calculate Liquidation
Loss and Profit is multiplied by selected leverage option
Current ETH Value <= Position ethAmount -(Position ethAmount / leverageMultiplier)
For Example , If a 2x position drops more than 50% effective 2x loss is 100% resulting in liquidation
In our trading platform, while smart contracts offer a high level of security and automation, they currently do not have the capability to track and liquidate trades in real-time. This limitation is addressed by our platform's manual oversight mechanism. When a trade approaches the liquidation threshold due to market movements, a transaction is initiated and carefully monitored by our platform's management team. This process involves manually executing a liquidation to ensure that it is handled accurately and efficiently.
An efficient Automatic Liquidation Mechanism is underway in version2.0 of Leverage Contracts, read more about
It is to be noted that users can not execute new trades before previous ones are closed or liquidated in the same leverage pool, If a user's trade has been ignored and not liquidated , they can demand liquidation by