Dropil focuses on innovative technologies for autonomous & intelligent trading, reporting and storage in the cryptocurrency world.
The relatively recent emergence of cryptocurrency has given birth to a worldwide financial paradigm shift closing in on a trillion-dollar market cap. Dropil was formed to put the benefits of cryptocurrency investing within the reach of everybody. Innovative products in the cryptocurrency space have been nearly as rapid and impressive as the currencies themselves, and as such, thousands of solutions exist for a myriad of problems. When building the functionality and services of Dropil, it was crucial that the combined solutions to a number of pressing issues into a single turnkey platform that offers multiple benefits to users, avoiding the need for someone to be involved with, and monitor multiple products, just to meet these same ends.
A key aspect of the Dropil services is the automated smart trading robot platform, internally and externally referred to as Dex. This platform is not a single bot or strategy, but rather a carefully curated and tested set of automated bots – all designed and programmed 100% in house. None of the logic or strategies designed and used by Dex have ever been sold or given to anyone outside Dropil. Dex supports running different modes which are a combination of logic optimized for specific tasks. Each mode has a set of strategies it follows and will automatically switch to a different set of strategies in reaction to market changes. The modes of the individual instances operate independently of each other with no cross communication; however, all performance is
recorded in a central repository for continued analysis of all trading.
Each instance trades only one pair, on one exchange, on one account at a time, there are always multiple instances running. As stated each instance is independent, however multiple numbers of instances, structures, and logics are always running and this overall strategy is also set via automation. Certain aspects of the group logic are constantly monitored and managed by human oversight to ensure the best possible overall portfolio performance and diversification.
There are comprehensive security measures overseeing the safety of Dex and the trading carried out by the bot. There are automatic and manual protections in place for, but not limited to, API issues, connectivity, exchange, and operating system issues.