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The partnership will allow Bitget traders to access crypto market intelligence provided by IntoTheBlock
IntoTheBlock, the innovative market intelligence platform for crypto assets, has today announced a strategic partnership with high-growth derivatives exchanges, Bitget. The partnership will enable Bitget traders to access market-leading intelligence to help inform their crypto trading and investment decisions.
With this partnership, Bitget’s traders will have access to IntoTheBlock’s dynamic, in-depth trading signals and data visualisation tools, which will be applicable to any tokenised asset covered by the Bitget cryptoplatform. The signals include a host of indicators comprising tools and information traders need to better understand and identify the behaviour of crypto-assets and to help them get ahead of changing trends to ultimately make the smart trading decisions.
Allowing leverage up to 125x, Bitget’s investors can select among a wide variety of available tokens which pair to trade, paying one of the lowest fees of the market. Licensed in USA, CAN and AUS, Bitget has the highest security ranking in the industry (12+A SSL). The exchange also offers spot trade, copy trade and other exclusive products.
Bitget’s traders will be able to locate the new panel inside of the trading interface by clicking on the analytics button. This panel shows different metrics that are the result of IntoTheBlock’s application of statistical and machine-learning models to its rich dataset of on-chain and off-chain metrics.
The panel, called Token Summary, provides the following indicators:
- Concentration by Large Holders: shows the proportion of the asset’s circulating supply concentrated in addresses that each holds more than 0.1% of the total supply.
- Price Correlation with Bitcoin: displays the 30-day correlation of the asset’s daily returns to bitcoin’s daily returns.
- Transactions Greater than $100k: shows the daily number of transactions, each with a value of $100,000 or greater.
- Total Exchanges Inflows: measures the total amount of a given crypto-asset flowing into exchanges and measures this in dollar and crypto terms.
- Total exchanges outflows: measures the total amount of a given crypto-asset leaving exchanges and measures this in dollar and crypto terms.
For those users interested in more indicators, clicking on “Dive Deeper” at the bottom of the panel redirects them to the IntoTheBlock Platform with access to a portfolio of over 60 intelligent signals about traditional crypto assets and over 50 signals related to DeFi.
To further information, please visit https://partner.bitget.com/bg/m2aMrm
You can get up to $158 in bonus for trading and discounts in fees!
About IntoTheBlock
IntoTheBlock is an intelligence company that leverages machine learning and advanced statistics to extract intelligent signals tailored to crypto-assets. IntoTheBlock aims to tackle one of the hardest problems in crypto: to provide investors with a view of a crypto asset that goes beyond price and volume data.
The company has built a robust infrastructure that is capable of hosting blockchain and other data sources, run machine learning models on top, and deliver indicators in a way that can be understood by the average investor. IntoTheBlock has partnered with the largest pools of crypto users, namely exchanges, data providers, wallets, and news sites to deliver its data to the largest number of people possible.
For more information, visit https://app.intotheblock.com/ or follow the company on Twitter @intotheblock and Medium https://medium.com/intotheblock.
About Bitget
Bitget is a leading global cryptocurrency exchange established in July 2018. Serving more than 2 million customers in 48 countries, Bitget aims to contribute to the adoption of decentralised finance on a global scale. Since its launch, Bitget has become the world’s largest crypto copy trading platform, through the gaining popularity of its flagship One-Click Copy Trade products. According to CoinmarketCap, Bitget was ranked third globally, in terms of its derivatives volume as of January 2022. Adhering closely to our mission of Better Trading Better Life, Bitget is committed to providing comprehensive and secure trading solutions to our users around the world. In September 2021, Bitget announced its sponsorship of world-renowned football team Juventus as its first-ever sleeve partner and PGL Major’s official eSport crypto partner soon after.
For more details about Bitget, please visit bitget.com.
IntoTheBlock partners with fastest-growing derivatives exchange Bitget was originally published in IntoTheBlock on Medium, where people are continuing the conversation by highlighting and responding to this story.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.