Digital assets have opened the eyes of the financial world and offer investor funds storage and appreciation. Additionally, they offer privacy and convenience that most people still wish could come from traditional funding. Another benefit is the ability to manage cross-border payments on the fly and low fees.
With all that said, digital assets exhibit appalling patterns of volatility that pose a risk to investors’ money. It is for this reason that most of those outside the industry act cautiously to avoid losses. Still, some blockchain companies are looking for solutions around the volatility of crypto assets.
CurPay is a crypto trading platform that uses artificial intelligence technology to reduce the volatility of crypto assets. Users can leverage its ecosystem to protect themselves from the most widespread problem in the crypto sector. The aim of this article is to give you an in-depth look at the platform, its features and benefits.
CurPay describes itself as an advanced platform that still offers a straightforward user experience. Beginners can benefit from the platform as they require little trading knowledge to participate.
The founders of CurPay, founded in mid-2021, are major players in the IT, gaming and entrepreneurship sectors. Mr. Ted Hover and Mr. Christian Curtin have spent years dealing with Software as a Service, an important element of their platform.
All trading platforms make their profits from users’ trades without worrying about their losses. This factor causes many investors to suffer shocking losses if they do not have a clear understanding of crypto trading. In addition, other people are busy and unable to monitor the price movements of the crypto market and make informed decisions.
CurPay uses its unique patent-pending technology, Automated Volatility Protection (AVP), an advanced path that was developed as AI. It monitors the crypto markets and monitors the terms of each asset in order to benefit the users in their trading. In addition, it can perform instant trading while avoiding market volatility.
It should be emphasized that the AVP is not a trading bot, but an innovative AI trading aid. Most people confuse artificial smart assistants with trading bots. However, let’s cover some of the differences you should know between Ais and trading bots so that you can better understand CurPay.
While both technologies follow automation principles, the way they perform their tasks is very different. First, trading bots follow a trader’s rules to execute trades on their behalf. In addition, it can send signals to the trader when market conditions meet the trader’s expectations.
On the other hand, AIs can learn and evolve from the data they receive and interpret. You can tell the difference in the performance of AIs like Siri and Alexa. The more interactions you have with people, the better your progress will be.
In this case, CurPay’s AVP is in contrast to normal crypto trading bots. Like other AIs, it learns itself from your trading activities, unlike trading robots, who cannot go beyond their set programming.
The design of the AVP helps it execute huge amounts of information while trading bots cannot. It can also apply complex trading options while trading bots maintain simple algorithms according to the knowledge of the trader.
Trading bots need a new program for every market condition and pair. Nevertheless, the AVP solves this problem, currently manages over 566 trading pairs and evaluates historical data and current market data. Last but not least, the AVP improvements go beyond human boundaries and surpass the Investor Psychology Cycle.
Most advanced trading platforms have navigation as a problem as it is only suitable for experienced traders. CurPay is added to increase convenience through its convenient user interface, which is reliable for all customers. In addition, it keeps customer support at a high level and ensures that its users receive 24/7 customer service.
Security is also an important part of the ecosystem, protecting user accounts from malicious security breaches. Despite this factor, it encourages users to use 2-factor authentication for an extra layer of protection for their assets. Nevertheless, the trading platform invests in the encryption of personal user information, passwords and API keys.
Other advantages that you can get from the platform are:
- It has a wide range of trading pairs, which gives users a lot of leeway to work with while trading. In particular, it also supports other securities that users prefer.
- His CurPay Merchant and CurPay Trader support well-known 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 connects a merchant to their preferred exchange.
- It uses advanced market indicators like Bollinger Bands, VWAP, MACD, to name a few.
- It includes Exchange wallet protection services that protect the wallet from market volatility. However, the AVP can still use the terms to generate profits.
- It employs a dynamic volatility protection feature for trading crypto deposits when the market volatility equals the highest profits.
- A standard volatility protection feature instantly swaps a trader’s crypto deposit into their preferred fiat currency or stablecoin.
- Volatility Protection Mode is a feature that trades a user’s crypto deposit only when preset market conditions occur.
The final benefit not listed above is that the platform offers money management strategies that further mitigate risk. The AVP will overcome man’s emotional boundaries while maintaining a level of caution to avoid loss. Depending on market conditions, here are the money management tactics that you can explore on the platform through the AVP. Note that all trades are equal to a user’s wallet balance.
- The buying / selling scheme
- Buy / Buy / Sell Scheme
- Buy all / Sell all
- Just sell
- Just buy
- Just protect
CurPay is still in its infancy in the cryptocurrency industry, but it presents practical solutions to volatility. Additionally, its AI is on the way to more learning and user interaction to make them more powerful.
With the great advances in software and computing technology, there will be better ways to improve AI in no time. Meanwhile, traders can leverage the ecosystem to protect their assets and wallets, and to derive profitability from the markets.
The future holds great potential for the project as an eye opener for others in providing real world use cases in finance. After all, it is the beginning of technology’s elimination of human error, a transcendence set for the foreseeable future.