Method and system for the automated handling of tradings

Abstract

To provide a method and a system for the automated handling of tradings that provides the user with the means for a simple entry system and simplified trading options, the invention proposes a method for the automated handling of tradings using a computer unit by means of which an Internet connection is used to deliver buying and selling signals for a trading to applicable trading platforms and to acquire the present values of the trading objects at predefined intervals of time, wherein a user provides a suitable trading platform with a sum intended for trade in a predefined currency and uses this sum, or portions thereof that are to be determined by them, to automatically participate in predefined tradings, wherein they can use digital terminals to look at the present values of the trading objects and the trends therein, and to deactivate participation in a trading, via communication connections.

Description

[0001] Procedure and system for automated processing of trading

[0002] The present invention relates to a method and a system for the automated processing of trading, in particular trading with crypto currencies.

[0003] Procedures and systems for processing trades are widely known and in use. Fundamentally, this involves trading assets. Users willing to trade set up capital accounts or make them accessible. So-called trading platforms then offer the opportunity to buy or sell assets. Users use a variety of information sources to research tradable assets, such as stocks, purchase them using the platform at a specific price, and sell them accordingly. The goal is to generate trading profits this way. Most of these trading platforms are now digitally accessible. This means that users can conduct their trading activities on the platforms via computers or smartphones using the internet.

[0004] This typically requires users to inform themselves about the respective prices of the assets, i.e., the market prices. This allows them to interpret when they believe a favorable purchase price exists, as well as when they believe a reasonable selling price can be achieved.

[0005] This results in the trading platforms and their use being comparatively complicated. For assets that are generally familiar to users, such as stocks, users are expected to inform themselves about entry and exit prices, interpret price trends, and the like. They are also now familiar with the respective fees and factoring them into their trading.

[0006] Inexperienced investors and newcomers are generally overwhelmed. These platforms require users to actively make decisions and take action, and beyond that, they typically leave the decision-making process to users based on relevant information sources. As a result, newcomers typically consider such trading platforms to be complex and therefore risky.

[0007] A variety of platforms now offer simplified trading opportunities by anticipating information processing, offering concrete recommendations, and also offering simple digital options (for example, through graphical representations) to set exit limits and the like.

[0008] However, things become particularly confusing when the assets to be traded are unfamiliar. Users are generally completely overwhelmed when it comes to commodity futures, trading other financial instruments, and the like. This is especially true when trading cryptocurrencies.

[0009] Cryptocurrency refers to digital assets that also function as a means of exchange. Individual asset allocations are recorded in a distributed database, usually a so-called blockchain. This public financial transaction database uses strong encryption technology to confirm and secure transactions, ownership, and, if necessary, the creation or destruction of additional coins. The terms "cryptocurrency" and "cryptomoney" encompass all crypto projects with tradable assets. In 2021, there were over 10,000 different cryptocurrencies, but only a few of them were designed as currencies. What they have in common is that the coins of these projects, some of which have their own uses, are tradable. Various crypto exchanges, as well as DEXEs (decentralized exchanges), offer trading or direct purchase for different coins and tokens.These can be transferred to private wallet addresses, where they are protected from third-party access and accessible only with a key. Cryptocurrencies are typically classified as speculative assets and are not recognized by governments as official money, yet they are used by millions of people worldwide. Rapid adoption is particularly evident in developing and emerging countries with underdeveloped financial systems and high inflation, while many countries are simultaneously working on digitizing their currencies.

[0010] One particular cryptocurrency is designated USDT. This is a stablecoin that aims to replicate the value of the US dollar (USD). Its price is therefore relatively stable. Its principle is based on collateralization by monetary reserves: each new USDT represents one US dollar (USD) in a bank account managed by a company like Bitfinex.

[0011] As described above, trading is organized on so-called crypto exchanges. One such exchange is Binance, a trading platform where cryptocurrencies and derivatives can be traded. With an average trading volume of $20 billion, it is the largest cryptocurrency exchange.

[0012] Due to the great diversity and completely different structures of cryptocurrencies, trading in these assets appears from the outside to be extremely complicated, complex, and risky.

[0013] Of course, trading in these less well-known assets and those that differ from the usual ones can also be conducted digitally via appropriate platforms and according to established rules. However, for these specific assets, the established systems are only used by experienced and well-informed users, usually professional investors.

[0014] There is a fundamental need for access systems to trading platforms for special assets such as cryptocurrencies that offer simplified trading options even for inexperienced and skeptical users.

[0015] Based on this prior art, the present invention is based on the object of providing a method and a system for the automated processing of trading, which provides the user with a simple access system and simplified trading options.

[0016] To technically solve this problem, a system having the features of patent claim 1 is proposed. A method is characterized by the features of patent claim 2. Further advantages and features are set out in the subclaims.

[0017] The system according to the invention initially offers the user a very simple access option, allowing them to automatically participate in trading recommended by the platform. For this purpose, the user is asked to provide a sum to be traded. According to an advantageous proposal of the invention, this is done in the form of USDT. They then open a trading account on a crypto exchange, for example, Binance. They then link this account to the platform operating according to the system according to the invention. From then on, they automatically participate in trading scheduled by the platform with the provided sum, which can also be divided into individual trades.

[0018] It is obvious that this form cannot yet be sufficient, since at least until then the user is not yet actually a trading participant. Firstly, the entire trading process is opaque to the user at this point. For this reason, the invention provides that users can view the current values ​​of the trading objects and their trends on their digital devices at any time. This offers the opportunity for users to develop a feel for the course of the trading transactions. In addition, the user is given the opportunity to exit the automatically initiated trade in the simplest way possible by means of an opt-out option. This only requires confirmation, for example, of a button provided for this purpose on a display.

[0019] The inventive design offers newcomers and skeptical users the opportunity to get a feel for trading new, unusual, or at least unfamiliar assets. They participate in a trade and can closely monitor it. If, for whatever reason, they believe or conclude that the situation is too risky or overwhelming for them at the moment, they can immediately exit the current trade, as long as it hasn't yet been completed.

[0020] The invention proposes a simple system for the automated processing of trades, which provides the user with a simple access system and simplified trading options.

Claims

Patent claims 1. System for the automated processing of trading, comprising a computer unit by means of which buy and sell signals for trading are sent to corresponding trading platforms via an Internet connection and the current values ​​of the trading objects are recorded at predetermined time intervals, whereby registered users automatically participate in these trading transactions and can deactivate participation in trading and activate the display of the current values ​​of the trading objects and their trends on the digital devices via communication connections.

2. System according to claim 1, characterized in that the users make a strategy selection which specifies a course of action for automatic participation in the trading.

3. System according to one of the preceding claims, characterized in that the users make a selection from predetermined trading platforms.

4. A method for the automated processing of trading transactions using a computer unit by means of which buy and sell signals for trading are sent to corresponding trading platforms via an internet connection and the current values ​​of the trading objects are recorded at predetermined time intervals, whereby a user provides an amount intended for trading in a predetermined currency on a suitable trading platform and automatically participates in predetermined trading transactions with this amount or parts thereof to be determined by him, whereby he can view the current values ​​of the trading objects and their developments and deactivate participation in trading using digital end devices via communication connections.

5. Method according to claim 4, characterized in that the user makes a strategy selection which specifies a course of action for automatic participation in the trading.

6. Method according to one of the preceding claims 4 to 5, characterized in that the user is provided with different trading platforms from which he makes a selection.