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Azerbaijan developing platform for cryptocurrency trading

ICT Materials 14 December 2018 20:53 (UTC +04:00)

Baku, Azerbaijan, Dec. 14

By Huseyn Valiyev – Trend:

Azerbaijani developers are preparing a platform for cryptocurrency trading - CRYPTOYOTE, project leader of the platform’s development Orkhan Ahmadov told Trend.

He said that this is a global project that will be of interest to cryptocurrency market participants involved in the purchase and sale of cryptocurrencies.

“The CRYPTOYOTE functional will consist of several components,” he noted. “Among them, there is a bot operating on the basis of artificial intelligence - the “Technical Analysis”, which will analyze and predict the growth and depreciation of cryptocurrencies. The functional of the “Portfolio Manager” will be provided for those who have different e-wallets for different cryptocurrencies. This option will allow managing them all at the same time. Also, the system will contain the functionality of the Crypto Exchange, through which it will be possible to easily exchange cryptocurrencies.”

All the listed functions of CRYPTOYOTE will be implemented in stages, and the first stage starts in January 2019, he added.

“The options “Technical Analysis” and “Crypto Exchange” are ready,” Ahmadov noted. “Thus, “Technical Analysis” is already undergoing testing. This is while automation of the module “Portfolio Manager” will take time.”

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