The collaboration agreement will allow DigiMax and Bitget to work together on mutually beneficial business arrangements, such as allowing Bitget users to first learn about CryptoHawk and then directly access CryptoHawk information within the Bitget system.
FREMONT, CA: DigiMax Global, a provider of artificial intelligence (AI) and cryptocurrency technology solutions, has signed a collaboration agreement with Singapore-based Bitget Exchange (Bitget).
Bitget has established a solid foothold in the face of strong and homogeneous competition in just three years, thanks to new products and an increasingly robust ecosystem. Following the debut of USDT-Margined Futures, One-Click Copy Trade, and Quanto Swap Futures, the platform announced in April that it had completed its entire acquisition of decentralized wallet Bitkeep, laying a solid foundation for its future expansion in this segment.
Bitget, which was founded in July 2018, has become one of the world’s fastest-growing derivatives exchanges, with over 1.6 million registered members. According to a cryptocurrency market website, Bitget’s average daily trading volume has surpassed US$5 billion, placing it seventh after professional derivatives exchanges (FTX and Bybit) and the top three traditional comprehensive cryptocurrency exchanges: Binance, OKEx, and Huobi.
The collaboration agreement will allow DigiMax and Bitget to work together on mutually beneficial business arrangements, such as allowing Bitget users to first learn about CryptoHawk and then directly access CryptoHawk information within the Bitget system. The businesses also plan to create an API system that will allow Bitget customers to access CryptoHawk alerts and direct one-button trading based on new CryptoHawk indicators that are released.
The CryptoHawk program is unusual because it employs artificial intelligence and machine learning to profit from the volatility of cryptocurrencies rather than taking the risk of buy-and-hold investments. As previously stated by the Company, CryptoHawk trading signals generated returns of +44.9 percent for Bitcoin and +22.1 percent for Ethereum before trading commissions for the combined June-July 2021 period. Bitcoin had a net change of +5.1 percent during the same period, while Ethereum had a net change of -3.6 percent. DigiMax also announces that the company has granted each of its four directors an option for 250,000 shares at 0.20 cents per share with a two-year term.
CryptoHawk is an AI-powered price trend prediction tool that any investor may use to enhance their digital trading profits. It still delivers hourly price-trend prediction indicators to subscribers interested in trading Bitcoin or Ethereum, but it now provides a general trend direction for a broader portfolio of cryptocurrencies.