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TORONTO, Canada August 2021 / DigiMax Global Inc. (the "Company" or "DigiMax") (CSE: DIGI / OTC PINK: DBKSF), a company that provides artificial intelligence ("AI") and cryptocurrency technology solutions, is pleased to announce that it has signed a Collaboration Agreement with Bitget Exchange based in Singapore ("Bitget").
Established in July 2018, Bitget has become the fastest growing derivatives exchange in the world, with over 1.6 million registered users. According to CoinmarketCap, a world-renowned website for cryptocurrency markets, the average daily trading volume of Bitget has exceeded $5 billion, ranking seventh after professional derivatives exchanges (FTX and Bybit), and the top three traditional comprehensive cryptocurrency exchanges: Binance, OKEx and Huobi.
With its innovative products and an increasingly robust ecosystem, Bitget has gained a sound footing amid ferocious and homogeneous competition in just three years. Following the launch of USDT-Margined Futures, One-Click Copy Trade and Quanto Swap Futures, the platform announced this April its full acquisition of decentralized wallet Bitkeep to lay a solid foundation for its future development in this segment.
The Collaboration Agreement will provide DigiMax and Bitget opportunities to collaborate on mutually beneficial business arrangements, including without limitation allowing Bitget users to first learn about CryptoHawk, and ultimately directly access CryptoHawk information inside the Bitget system. The companies further intend to develop an API system that would allow Bitget users to access CryptoHawk signals and permit direct one-button trading by Bitget users based on new CryptoHawk indicators being issued.
"Bitget is very pleased to be able to partner with DigiMax to allow exchange users to have better trading information which in turn, will allow them to substantially increase their trading profits from the AI-based trading signals provided CryptoHawk," said the CEO of Bitget. "In turn, we are excited to be able to offer CryptoHawk subscribers a high-security, low-cost platform for long and short trading in their personal or institutional accounts."
"By becoming a collaboration partner with Bitget, CryptoHawk users will have a great opportunity not only to increase the efficiency and security of their trading, but in the near future they will also have access to automated trading from the CryptoHawk signals," said DigiMax CEO Chris Carl. "Digimax is excited to partner with Bitget to deliver ever increasing value to both sets of users now, and in the future."
CryptoHawk is an AI-driven, price trend prediction tool that can be used by any investor to maximize their digital trading profits. It continues to deliver hourly price-trend prediction indicators to help subscribers interested in trading Bitcoin or Ethereum, and now provides overall trend guidance for a broader portfolio of cryptocurrencies.
CryptoHawk tool is unique as it uses AI and machine learning to capture profit from the volatility of cryptocurrencies, rather than incur the risk of buy-and-hold investments. As previously announced by the Company, the combined June-July 2021 period saw
CryptoHawk trading signals generating returns of +44.9% for Bitcoin and +22.1% for Ethereum before trading commissions. During that same period Bitcoin had a net change of +5.1% while Ethereum dropped -3.6% during the period.
DigiMax also announces that it has issued each of its four Directors an Option for 250,000 shares at $0.20 cents per share with a Term of two years effective as of today's date.
About DigiMax
DigiMax is an Artificial Intelligence technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the Company's engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology.
To learn more, visit: https://digimaxglobal.com/Contact:
Martti Kangas
Investor Communications
647-521-9261
Chris Carl
President & CEO
416-312-9698
Cautionary Note Regarding Forward-looking Statements
This press release contains "forward-looking statements or information". Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements about the Company and Digimax's future plans, expectations and objectives.
Any forward-looking statement made by this press release is based only on information currently available and speaks only as of the date on which it is made. Except as required by applicable securities laws and undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
SOURCE: PlatoData Intelligence: https://zephyrnet.com/digimax-enters-collaboration-agreement-with-singapore-based-bitget-exchange/
