“Disclaimer: The Capital has received a payment in exchange for writing this article”
Digital assets have been an eye-opening experience for the financial world, offering a storehouse and growth in value for investor funds. Plus, they offer privacy and convenience that most people still wish they could get from traditional finance. The ability to manage cross-border payments in the blink of an eye and low fees is an added bonus.
Despite all this, digital assets show terrifying volatility patterns that pose a risk to investor funds. For this reason, most people who do not know the industry well act carefully to avoid losses. However, some blockchain companies are looking for solutions around the volatility of crypto assets.
CurPay is a crypto trading platform that leverages artificial intelligence technology to reduce the volatility of crypto assets. Users can use their ecosystem to protect themselves from the most prevalent problem in the cryptocurrency sector. This article aims to give you an in-depth look at the platform, its features, and its benefits.
CurPay describes itself as an advanced platform that still offers a simple user experience. Novice traders can benefit greatly from the platform as little trading knowledge is required to participate.
Founded in mid-2021, CurPay’s founders are major players in IT, gaming, and entrepreneurship. Mr. Ted Hover and Mr. Christian Curtin devoted themselves for years to Software as a Service, a vital element on their platform.
All trading platforms make their profits from users’ trades without worrying much about their losses. This factor leads many investors to suffer shocking losses if they do not have a clear understanding of crypto trading. Also, other people are busy and cannot monitor the cryptocurrency market price movements and make sound decisions.
CurPay uses its unique patent-pending technology, Automated Volatility Protection (AVP), an advanced pathway built as AI. It monitors the cryptocurrency markets, examining the conditions of each asset to benefit users in their trade. Also, you can make instant trades avoiding market volatility.
One point worth emphasizing is that the AVP is not a trading robot, but rather an innovative AI trading aid. Most people mistake AI assistants for trading robots. However, let us go over some of the differences you need to know between Ais and trading bots to help you better understand CurPay.
Although both technologies follow automation principles, the execution of their tasks is very different. First of all, trading robots follow a trader’s set of rules to perform trades for him. Also, it can send signals to the trader if the market conditions match their expectations.
On the other hand, AIs can learn and evolve from the data they receive and interpret. You can recognize the difference in the performance of AIs like Siri and Alexa. The more interactions they have with humans, the better their progress will be.
In that case, CurPay’s AVP is in contrast to normal crypto trading bots. Like other AIs, it continues to learn even from its trading activity, unlike trading bots that cannot function beyond its established schedule.
The AVP’s design helps it execute large amounts of information, whereas trading robots cannot. You can also apply complex trading options, while trading robots keep simple algorithms based on the knowledge of the trader.
Trading bots need a new program for each market condition and pair. However, the AVP solves this problem, currently managing more than 566 trading pairs, evaluating historical data and current market data. Last but most importantly, AVP enhancements transcend human limitations, breaking through the cycle of investor psychology.
Most of the advanced trading platforms have navigation as a problem as it only suits experienced traders. CurPay comes to increase convenience through its comfortable user interface, reliable for all customers. In addition, it maintains customer support to high standards, ensuring that its users receive customer service 24 hours a day, 7 days a week.
Security is also a vital part of the ecosystem, protecting user accounts from malicious breaches. Despite this factor, it encourages users to use 2-factor authentication for an additional layer of protection for their assets. Anyway, the trading platform invests in the encryption of the user’s personal information, passwords and API keys.
Additional benefits that you can get from the platform include:
It has a wide range of trading pairs, giving users a wide scope to work during trading. In particular, it also supports other values preferred by users. Its CurPay Merchant and CurPay Trader are compatible with notable crypto exchanges, including Coinbase, Gemini, Bitso, Coinsquare, and Coinbase Pro. CurPay Trader connects the AVP to a user’s wallet, while CurPay Merchant is an online payment system that links a merchant to their preferred exchange. It employs advanced market indicators including Bollinger bands, VWAP, MACD, to name just a few. It includes exchange wallet protection services that defend the wallet from market volatility. However, the AVP can still take advantage of the conditions to make a profit. It incorporates a dynamic volatility protection feature for crypto deposit trading when market volatility suits higher earnings. A standard volatility protection feature instantly swaps a merchant’s crypto deposit for their preferred fiat or stablecoin. The volatility protection mode is a feature that exchanges a user’s crypto deposit only when pre-set market conditions occur.
The last advantage not mentioned above is that the platform provides money management strategies, which further alleviate risk. The AVP will overcome the emotional limitations of humans by maintaining a level of caution to avoid losses. Depending on market conditions, these are the money management tactics that you can explore on the platform through the AVP. Please note that all operations will be carried out according to the user’s wallet balance.
The buy / sell scheme Buy / buy / sell scheme Buy all / Sell all Sell only Buy only Protect only
CurPay is still in its early stages in the cryptocurrency industry, but it does present practical solutions for volatility. Also, its AI is on its way to more learning and interactions with users, making it more powerful.
Given the great advances in software and computer technology, there will be better ways to improve AI in no time. Meanwhile, traders can leverage their ecosystem to protect their assets, portfolios, and earn returns from the markets.
The future holds great potential for the project as an eye opener for others by providing real-world use cases in finance. Finally, it is the beginning of the elimination of human error through technology, a significance set for the foreseeable future.