Caspian: The only Exchange Manager/Platform you will ever need

kmelvin256 (56)in #contest • 6 years ago (edited)

Have you heard or know people who have invested in the stock market? Have you ever heard of those stories last 2009 when they invested into bitcoin and became millionaires when they withdrew their investments last 2017? Do you want to try investing but is afraid of your losses? Do you want to start doing what they did but do not know how?

Investing in stocks are a gamble. You never know when it will rise and fall. You need to be constantly on the look out. Investing on cryptocurrency is harder due to it's volatility. One minute, your invested coins went as much as $1000+ and the next minute it can be as low as $100 or less. It is also tricky specially to the newbies out there like me.

Good thing there is a new Exchange Manager on the market. Meet Caspian. Caspian is sort of an exchange meets manager altogether.

Caspian is a platform designed to help those people who have a lot of accounts for different exchanges manage them. Let's say, you have a coinbase for your bitcoin, bittrex for steem, and coinsexchange for Etherium. To check if you gained or lost on your investment, you need to have a record of your exchanges and will need to login to these 3 separate exchanges using 3 different accounts to check for the price and to compare which one has lowest exchange at the moment.

These can be a hassle and at the same time, like what I said about volatility of cryptocurrency, you may lose a lot of money.

Caspian solves this by having one window with details of all of those exchanges. One account, and you would get the information from different exchanges. You would immediately get which one has the lowest exchange for buying assets and which exchange is the most profitable for selling coins.

What I love about Caspian is that there is also a warning before you try to trade coins.

As you can see in the picture above, you can see that it says if you would lose money or not. There would be a prompt to tell you if you would have incurred a loss. This is really helpful specially to the new ones for the exchange. Personally I find this project helpful and will use it to avoid my losses as I get used to doing exchanges.

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