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.
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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.
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