AAX, an institutional-grade cryptocurrency exchange, has added more tools for its user base to harness through integration with The Tie.
The Tie is a provider of predictive sentiment analytics, fundamental analysis, and market data on cryptocurrencies. The completion of the integration will be within this month. The partnership enables AAX to provide a more detailed analysis of the crypto markets at a glance, based on real-time news, quantified sentiment analytics, and volume alerts. The visual data enables investors to quickly identify and capitalize on key signals to maximize their portfolio growth.
Three key integrations to enhance user experience
1.Valuable, real-time news feeds sourced from mainstream media, finance publications, and crypto news outlets for each asset traded on the platform. The feed will draw attention to key market-moving events such as token burns, airdrops, exchange listings, partnerships, and staking announcements that can lead to rapid price appreciation.
Even more enhanced crypto intelligence tools are available through a second, aggregated feed tailored to each individual user that shows only news relevant to the assets within their portfolio. Users will also have the option to display only the most significant news in both feeds.
2. Unique sentiment score that provides contrast between positive and negative market feels. It is measured across more than 130 crypto assets and assesses their associated market sentiment within the last 24 hours, in comparison with the sentiment score of the last 20 days. Each token will be assigned a score between 0-100, based on how enthusiastic investors feel about that particular digital asset.
The combination of live sentiment scores and real-time news feeds promises to be a game-changer for AAX’s retail and institutional investors. The rich crypto intelligence feature will enable users to spot live trends and to react immediately to capitalize on the biggest opportunities available on the market before others have time to react.
3. Further support will be provided for users through the introduction of trading and social volume alerts. It will immediately notify users of the trading volume of a specific asset if it rises by more than 50% in a 24-hour period. The same will happen any time an asset’s Twitter activity rises by 50% in a single day.
Users will have the ability to customize both alerts, to see all assets, or to only view those in their portfolio. It’s another key addition to AAX investors’ toolkit, as trading volume and social volume are vital metrics that often precede a sharp gain in asset value.
“With this partnership, AAX is further able to deliver on its core mission to level the playing field for investors in crypto and give users on our platform the most empowering trading experience,” said Ben Caselin, Head of Research and Strategy at AAX. “Tying up with The Tie is also part of our broader strategy to position our platform at the heart of society, not just to stay on top of significant trends, but also to evolve our vision and engage the public in a more informed manner.”
“We are very excited to partner with AAX to bring The TIE’s institutional-grade crypto analytics to a broader audience. Crypto is about the democratization of finance – and with this partnership, our data is now available to millions of traders around the globe,” said Joshua Frank, Co-Founder and CEO of The TIE.
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