A Step Away from RIALTO.AI Platform – RIALTO.AI – Medium

A Step Away from RIALTO.AI Platform RIALTO.AI PLATFORM The RIALTO.AI Platform is almost ready to be presented to the public. Once live, it will enable the registered users the access to the automated trading algorithms. In this respect, it will also serve as a backbone for all the future products developed by RIALTO.AI among which we would like to stress the single access point for buying or selling of cryptocurrencies from multiple exchanges. To access the platform, users will have to register on the platform by submitting personal identification. When we conclude the verification of users, full platform access will be enabled. Users will then be able to deposit their XRL tokens and adjust the percentage of the deposited assets they want to use for trading to their personal preference. At the initial stage of the platform, only arbitrage/market-making bot will be available but will soon be followed by additional products in Q2 2018. Image credit: ShutterstockSelected algorithm combination will trade during a 14-days trading period after which users will have an option to withdraw the generated profit or to keep it on the platform. The withdrawal will be executed exclusively upon the user’s request and only after the current period, in which the withdrawal is requested, finishes. RIALTO.AI does not plan to charge any platform fees in the foreseeable future or at least not until the single access point feature is introduced in Q4 2018. However, the transaction fees (e.g. exchange conversion rates, transaction gas etc.) for withdrawals will automatically be deducted from the total amount of requested funds. REGISTRATION RIALTO.AI aims to expand its area of operations globally and in order to do so, we have to demonstrate robust compliance processes, by which we want to ensure that each international territory has sufficient management oversight and that AML requirements are being adhered to. Yet, the current list of countries outside our area of operations remains unchanged since the RIALTO.AI Platform Introduction. Image credit: ShutterstockPersonal data gathered through the registration will be used solely for internal KYC and AML processes. However, RIALTO.AI will handle the data with the highest level of discretion and will not disclose any of information to third parties by fully complying with the latest EU General Data Protection Regulation. The data verification will be performed by Contego Fraud Solutions Limited, a UK based company, that designs and develops identity verification software. With access to over 3 billion records of individuals, stretching across more than 100 markets, Contego has the ability to automate seamlessly International Checks. PLATFORM SECURITY Image credit: ShutterstockThe platform is comprised of multiple levels of security. For instance, addresses for deposited XRL tokens are protected with a multi-sig wallet and physical access restrictions. Next, profit and asset withdrawals will only be possible from verified addresses that were specified during the registration. Furthermore, any attempt to change addresses or other account information will result in an additional KYC process requested from our support team. PLATFORM LAUNCH — PRE-REGISTRATION We plan for RIALTO.AI platform to welcome its first users by commencing the registration in second week of March. This opening registration phase will provide a time frame during which RIALTO.AI will be able to review received applications and verify accounts. With this pre-registration process, we aim to allow users to access the platform at the same time, once it goes LIVE. When the verification processes are concluded, we will enable full access and subsequently announce the start of the first official trading period on the platform. Make sure not to miss any of our updates and follow us on our official media channels: