Leading institutional-grade cryptocurrency exchange AAX has revealed a partnership with The TIE, one of the most prominent information services providers for digital assets. By integrating The TIE’s Crypto SigDevTM Terminal, AAX will help its wide user base better understand the crypto markets at a glance based on real-time news, quantified sentiment analytics, and volume alerts.
Commenting on the partnership with AAX, Joshua Frank, Co-Founder and CEO of The TIE, states, “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.”
Since its inception, AAX has been on a mission to make crypto accessible for all. The platform, powered by the LSEG technology, is the first mainstream exchange to adopt the Satoshi Standard (SATS), thereby helping drive the mainstream adoption of bitcoin (BTC). AAX already offers many products, including P2P trading, spot trading for more than 100 pairs, futures trading, high yield savings account, DeFi mining, a full-fledged launchpad, and much more.
Real-Time Analytics Will Help AAX Users To Generate More Returns
Following the integration with The TIE set for finalization this month, AAX users will gain access to advanced analytics and visual data designed to help them easily identify and capitalize real-time market signals by making informed decisions.
The TIE ranks among the most trusted crypto analytics service providers, bringing together a diverse range of real-time news from a multitude of primary sources, including direct updates from leading exchanges, regulatory rulings, and SEC filings, among others. It also ensures that all news is backed with sentiment analysis, on-chain data, and market data to help users navigate the volatile market.
As part of this integration, AAX users will now have access to real-time news feeds sourced from mainstream media, finance publications, and crypto news outlets for every asset traded on the AAX platform. Aside from these features, users will also enjoy enhanced crypto intelligence tools through another aggregated feed tailored to each individual, which only shows news relevant to a user’s portfolio. Furthermore, The TIE will provide AAX users with unique sentiment scores for over 130 crypto assets, contrasting between any positive and negative market disposition.
According to Ben Caselin, Head of Research and Strategy at AAX,
“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. 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.”
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: https://cryptodaily.co.uk/2022/01/aax-inks-strategic-partnership-with-the-tie-to-deliver-a-range-of-real-time-crypto-analytics