Categories: BusinessExchangeNews

Huobi MENA Harnesses The Power Of AI

An advanced cryptocurrency trading ecosystem, AI Trader, and an innovative trading platform technology, Huobi MENA, have signed a new deal. According to their press release, the AI Trader is also launching its Hybrid Intelligence Trading mode. Notably, users will trade on this new platform with the help of deep learning Artificial Intelligence. In the press statement released Thursday, AI Trader also disclosed that it developed its Hybrid Intelligence Trading mode to meet industry core principles of High-Intelligence Trading (HFT). Basically, the function of HFT is to assist users in activating technical indicators for market trend analysis and pattern.

What Do Users Stand to Gain?

Some of the HFT indicators include Bollinger Bands, Relative Strength Index (RSI), Exponential Moving Average crossovers, Stochastics, and others. In order to spur new users to take advantage of the new platform, Huobi MENA announced a 40% discount for all the newcomers of the subscription package. Therefore, to enjoy the package is very easy as all a new user needs to do is to create an account. Once the user has created the account, the next line of action will be to activate the package. In addition to the discount, Huobi MENA is also offering new customers commission-free trading this November.

Official Remarks from Huobi MENA

The Co-Founder of Huobi MENA, Mohit Davar, speaks on the development. He stated that his team believes that artificial intelligence is both the present and the future. Davar pointed out that the strategic business collaboration will enable the platform users to apply advanced analytical tools. In the end, Davar said the use of AI Trader’s analytical tools will remove much of their traders’ burdens.

The GM and EVP of Huobi MENA, Shantnu Saxena, echoed the position of his boss. Saxena expressed joy to witness the evolution of the trading model. The Huobi MENA rep noted that the partnership signifies the future step that AI integration will have in their system. Saxena added that the partnership points to the fact that Huobi MENA has innovation as part of its core value.

Davar also affirms that the strategic partnership with AI Trader underscores the importance they attach to deploying cutting-edge trading solutions for users’ benefit.

Using the AI Trading-enabled Platform    

With this latest technology, users can securely trade on the AI Trader platform using their various API keys. Moreover, it is important to point out that their funds will remain in their accounts. Upon completing the trade, their trades will reflect in their Huobi MENA accounts. Indeed, Huobi MENA and AI Trading Platform are working closely to ensure that the platform offers a hitch-free trading experience to traders.

Risk Disclosure

This article should not be taken as, and is not intended to provide, investment advice. Users are ultimately responsible for the investment decisions he/she/it makes based on this information. It is your responsibility to review, analyze and verify any content/information before relying on them. Trading is a highly risky activity. Do consult your financial adviser before making any decision. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.

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I. Nwaokorie

Ifeanyi Nwaokorie is a content writer with over six years’ writing experience. For the past six years, he has written articles that cut across cryptocurrency, ICO White Papers, Internet of Things, Artificial Intelligence, home improvement, business, lifestyle, etc. With a degree in Information Technology, he focuses primarily on tech content writing, thus using his wealth of writing experience to deliver engaging, relatable articles to our teeming readers around the world. When he writes, Ifeayni doesn’t just aim to keep my readers’ eyes riveted to their screens, but he also ensures they take away something from the article. Finally, he firmly believes that you will have a great time reading his articles. And as you enjoy perusing his articles, please remember to share them with your loved ones and bookmark our page.

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Tags: AIAI TradercryptocurrencyHFTHuobi MENAHybrid Intelligence TradingStochasticstradestrading platform

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