DigiMax Global Opens Applications For Crypto Trading App

DigiMax Global Solutions (CSE: DIGI) this morning announced that it is now accepting user applications for the trial launch of its crypto trading app. The app, set to launch December 1, will see a limited launch for experienced traders of cryptocurrencies.

The initial trial run is intended to provide beta users with an opportunity to evaluate the program and provide feedback on the usefulness of the offering. Currently scheduled for a widespread launch in January 2021, users accepted into the trial will be able to use the application free for the month of December in exchange for this feedback.

Developed by Digimax’s wholly owned subsidiary DataNavee, the app is being described as an AI-based predictive trading information platform designed for use with cryptocurrencies. The application has demonstrated an ability for investors to generate superior rates of return when trading coins such as Bitcoin and Ethereum, as per the company.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

Through the use of AI to comb through reams of data that includes trading history of the currency, macro and micro economic data, world events, and global money flow, the app is said to be able to predict small and large changes in price direction with a high correlation to actual price moves. Internal testing throughout 2020 is said to have provided a 60% higher return rate overall than trading without the app for experienced traders.

Digimax Global Solutions last traded at $0.085 on the CSE.


FULL DISCLOSURE: DigiMax Global Solutions is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover DigiMax Global Solutions on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

8 Mining Stocks Our Viewers Asked Us to Review | Sept 14th-18th

Canada Is Finally Fast-Tracking New Mines | John Passalacqua – First Phosphate

Gold & Silver Just Added $2 Billion to This Project | Aya Gold – Bourmadine PEA

Recommended

Mercado Minerals Signs LOI for La Franca, Adding 750 Metres of Undrilled Vein at Zamora

Goliath Hits Visible Gold In Bonanza Zone Step-Outs, Drills 9.12 g/t Gold Equivalent Over 11.27 Metres

Related News

European Country Exploring Possibility of Bitcoin Payments

Liechtenstein, a small country located in the Alps of Western Europe, may soon follow the...

Tuesday, May 9, 2023, 04:37:00 PM

Is Bitcoin A Ponzi Scheme?

It’s been suggested, both by intelligent observers and by Barstool Sports’ Dave Portnoy that Bitcoin,...

Saturday, January 9, 2021, 09:00:00 AM

China’s Central Bank Takes Aim At Cryptocurrencies Again, Reiterating All Activity Is Illegal

Bitcoin and its close relative Ethereum are cratering this morning following the latest commentary from...

Friday, September 24, 2021, 08:12:06 AM

Elon Musk’s Bitcoin Comments Trigger $365 Billion Sell-Off In Crypto Market

The world’s largest digital asset, bitcoin, plummeted sharply following Tesla CEO Elon Musk’s twitter comments...

Friday, May 14, 2021, 11:52:00 AM

JPMorgan Throws Cold Water On Bitcoin Bull Thesis

Amidst growing anticipation surrounding the potential approval of spot bitcoin exchange-traded funds (ETFs), digital assets...

Tuesday, November 14, 2023, 12:06:00 PM