A generation where cryptocurrency trades are done by robots has arrived.
FINDEXCHAIN (CEO Kang Kyu-tae) introduced its auto trading bot for crypto on the 19th.
Trading bots make investments automatically after analyzing many cryptocurrency charts and looking for cryptocurrencies with market prices that are estimated to go up. It is perfect for investors without professional knowledge in analyzing charts and modern people who do not have enough time to look at market prices that are changing constantly.
This auto trading bot uses quant trading method that decides on investments through objective values that are obtained through analysis of charts. It utilizes an algorithm that estimates timings of fall and rise of market prices of particular cryptocurrencies and an algorithm that purchases cryptocurrencies that are on rising trends and plunge temporarily. Also, to reduce risks of investments, it makes investments into different cryptocurrencies.
FINDEXCHAIN is planning to apply AI (Artificial Intelligence) Machine Learning technology that allows its auto trading bot to learn data on its own in the future.

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<Operating screen of an auto trading bot>

Its auto trading bot is currently connected to large domestic and foreign exchanges such as Bithumb, Coinone, and Poloniex. Users can select exchanges that they want to connect information of market prices of cryptocurrencies to and use auto trading bot service by keeping their cryptocurrencies into corresponding exchanges.
Users must install an electronic wallet called ‘IONIA, which was launched by FINDEXCHAIN in May, into their Smartphones to use auto trading bot service. They can download ‘IONIA’ from Google Store, select ‘Trading’ from a menu, and install according to a guide. FINDEXCHAIN is planning to provide its auto trading bot service in a form of web application in the future.
IONIA is an electronic wallet that can store about 200 cryptocurrencies including Bitcoin and Ethereum.
FINDEXCHAIN announced its white paper and it is planning to carry out an ICO (Initial Coin Offering) process during this fourth quarter.
“Our auto trading bot will provide stable profit for busy modern people.” said CEO Kang Kyu-tae of FINDEXCHAIN. “We are going to continue to introduce various services that allow investors to safely store their assets and make investments.”
Staff Reporter Gil, Jaeshik | osolgil@etnews.com