What is Kryll coin: A complete Beginner’s guide (2021)

InstaSwap
2 min readMar 29, 2021

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What is Kryll?

Kryll is an online automated platform and currency (KRL) which was started in 2018 by Luca Benevolo. The aim was to help people to create their kryll trading strategies without the need for any particular skills. Users just have to connect their blocks in order to create their strategies. Word “Automated” solves many problems because Kryll does not require any management thanks to the algorithm for making everything automatic.

Kryll is not mineable and is based on the N/A algorithm and N/A coin proof type. It currently has a circulating supply of 31,638,781 coins and a total market cap of 19,581,024. Kryll ranks at position 765 of the crypto ranking list and its price currently trades around $0.61.

How does Kryll work?

The platform consists of 5 different parts which all together give us as a result the key for success. The first element is the strategy editor WYSWIT “What you see is what you trade”. The second element is the Marketplace where you can find all the automated strategies available to use. The next two parts are the Smart trading tool which many traders already use and the Swap tool. The last and most important tool is the Kryll mobile application.

WYSWIT

WYSWIT is the first tool you need in order to create your strategies using the most popular technic, flowcharts. There is no need to be an expert on trading strategies or even be a software developer for using this editor. All you need to do is just to place blocks by dragging and dropping them into the Kryll ecosystem and thus create your own decision flows. As you are done with the decision flows, you can make unlimited tests for free in order to be sure that your strategies are going to be profitable.

Wanna know more?

Visit our blog to read the original article: https://instaswap.io/blog/what-is-kryll-a-complete-begginers-guide/

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InstaSwap
InstaSwap

Written by InstaSwap

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