The cryptocurrency market has entered an accumulation phase, signaling a steady rise in trader and investor activity each day. However, the question arises: why do some traders skillfully profit even in bear markets, while others lose deposits during periods of stabilization or rallies? The answer is evident—market understanding. Traders who have mastered the art of comprehending and thoroughly exploring the market tend to formulate better trading strategies, resulting in higher returns.
Existing services today often fall short in providing a deeper sector analysis, as they rely on “stale data”: statistics from past periods, transaction volumes, and the like. The team at 1ex Trading Board, consisting of renowned mathematicians, analysts, and traders, has introduced a fundamentally new approach to cryptocurrency trading—conscious trading. This approach is built upon the utilization of live, dynamic data. We will delve into its benefits below.
AI News – the best analytical service
The majority of existing analytical services used by traders are based on the study of historical data. Such an approach inherently cannot provide an accurate forecast as it fails to consider the current market situation.
“The familiar charts, candles, and diagrams are created based on the analysis of completed transactions. If the number of transactions is increasing and the coin’s price is rising, we see a green candle. Otherwise, it turns red. But how will this knowledge help you understand what will happen in the next 30 minutes, hour, day, or week? We have developed a new algorithm that helps understand what is happening in the market right now and what will happen, say, in a few hours,” explains CEO and co-founder of 1ex Trading Board, Dmitry Litvinov.
The innovative tool AI News analyzes the market based on 16+ parameters, including the news background formed by major media, bloggers, the movement of limit orders in order books, trader activity, and many others. The 1ex Trading Board team, consisting of professional analysts, mathematicians, developers, philosophers, and others, introduced the concept of “market energy” for the first time.
“Market energy, for us, refers to the accumulation of events that will be decisive in driving sector movement. Thanks to this factor, traders can more accurately predict price growth or decline, allowing them to adjust their strategies,” emphasized Litvinov.
Already today, AI News is being utilized by thousands of traders worldwide, and the company itself invites you to join the user community and avail a free trial period for 3 months. You can register through the following link.
Trading bots for beginners and professionals.
In addition to the analytical service, 1ex Trading Board offers solutions for algorithmic trading.
“Our trading bots can execute thousands of trades per minute, which is unattainable for a human. Such algorithmic solutions are ideal for scalpers,” says Dmitry Litvinov.
The robots have standard or individual settings, allowing the programming of algorithms to execute trades within specific parameters.
“For example, you’re trading ETH. You can instruct the bot to sell ETH if it reaches a maximum price of $2500 or buy if the cost drops to $1900. You can also set leverage, establish limits, and more,” explains the company’s CEO.
More than 6000 traders are already using trading bots from 1ex Trading Board, and these bots can be utilized on virtually any cryptocurrency exchange.
More details can be found here.
GemFinder – discover undervalued and overvalued coins.
This tool from 1ex Trading Board is essential not only for traders but also for investors. After all, the choice of a trading tool or an asset for investment directly affects the potential profit of the client.
“Today, there are hundreds of overvalued coins on the market that can burst like a soap bubble at any moment. And just as many assets that have the potential to grow significantly in the future. Therefore, it is crucial to be able to distinguish between them,” explains Dmitry Litvinov.
The service from 1ex Trading Board precisely helps analyze the activity of traders and investors, assess the company’s performance, enabling predictions of the price movement of a particular coin.
“When we tested this service, we selected a sample of coins for analysis. Among them was the SOL token, identified as an undervalued asset with high potential. I decided to acquire the coin, although I hadn’t paid attention to this asset before. Within a few weeks, the token’s value sharply increased,” said Dmitry.
GemFinder can analyze hundreds of coins, comparing their value with BTC and other assets, studying the behavior of limit orders in the order book, and providing recommendations for buying or selling assets.
1EX Token
1ex Trading Board is a comprehensive professional ecosystem for traders, and it’s entirely logical that the developers introduced the utility token 1EX, which will be used as a means of payment.
“Our token is not only a payment instrument but also an asset for investment. Right after listing on one of the top centralized exchanges, we plan to launch the staking feature so that coin holders can receive rewards for their loyalty,” shares Dmitry Litvinov about their plans.
Currently, the company is focused on conducting marketing activities and is launching Christmas contests for users. Participants can receive merchandise, tokens, and other gifts from 1ex Trading Board. You can join the community of successful traders here.
Conclusion
The 1ex Trading Board ecosystem helps address key challenges faced by traders, such as asset price forecasting and risk management. By leveraging AI-based tools, users can not only access higher-quality and more in-depth market analytics but also utilize ready-made algorithmic solutions for effective trading and investment.