- The partnership will allow Huobi MENA’s clients trade cryptos with highly functional AI
- AI Trader’s clients will also have access to the Huobi MENA cryptocurrency Exchange
- Co-founder of Huobi MENA, Mohit Davar says AI is both the present and future of cryptocurrency trading
Huobi MENA , the Middle East, Africa and South Asia arm of Huobi Group, has joined forces with AI Trader, one of the most advanced trading platforms powered by cutting-edge artificial intelligence (AI), to enable clients in Huobi Group’s worldwide network to take advantage of the latter’s Hybrid Intelligence Trading Mode, according to a press release on November 1, 2018.
Artificial Intelligence Meets Bitcoin Trading
According to sources close to the development, Huobi MENA, a part of Huobi group that handles the Middle East, Africa and South Asia regions, has announced the launch of its Artificial Intelligence-based (AI) digital assets trading solution and a collaboration with AI Trader, which is the world’s leading autonomous cryptoassets trading ecosystem.
With the latest alliance, AI Trader users’ and virtual currency traders on the Huobi MENA platform will take advantage of the exquisite features of both systems to succeed in their cryptoassets trading endeavours.
Huobi MENA clients can trade on AI Trader using their API keys, without having to deposit funds into the system.
Once the trades are completed, the results will be automatically displayed on their Huobi MENA accounts.
Importantly, cryptocurrency traders on the Huobi MENA platform will be able to utilize AI Trader’s recently launched Hybrid Intelligence Trading system, which the team claims is formulated on the basis of high-frequency trading (HFT) industry principles.
Hybrid Intelligence Trading comes with a vast array of technical indicators aimed at helping traders to do their business more efficiently.
Some of the indicators present in the Hybrid Intelligence Trading mode include Bollinger Band, Relative Strength Index (RSI), Exponential Moving Averages (EMAs) and more.
Additionally, Huobi MENA users can take advantage of the various settings on AI Trader that enable them to trade digital assets with artificial intelligence.
Artificial Intelligence is the Future of Crypto Trading
Just like distributed ledger technology (DLT), artificial intelligence is making waves in industries across the globe and the Co-founder of Huobi MENA, Mohit Davar is not oblivious to this fact.
“At Huobi, we believe that Artificial Intelligence is not just the future but also the present. The strategic partnership with AI Trader enables our users to apply the latest analytical trading tools, thus alleviating the burden on our crypto traders,” Davar declared.
Despite the recent bitcoin price slump, Huobi remains one of the very few cryptocurrency exchanges working round the clock to boost wider crypto adoption.
Earlier in September 2018, Blockchain Reporter informed that Huobi had partnered with Changelly, to offer clients better services.