PRESS RELEASE
The British Virgin Islands, July 29 2022 – Bitfinex, a state-of-the-art digital token trading platform, announced today that it will provide free access to Santiment, the cryptocurrency analytics platform for researching on-chain data.
The collaboration between Bitfinex and Santiment
Santiment’s analytics tools are used by more than 2.000 hedge fund managers, retail customers, crypto project owners and Non-Fungible Token (NFT) creators. The service provides insights into cryptocurrency networks, blockchain-based projects, crowd sentiment and market behavior. Now, building and executing data-driven trading strategies using on-chain data will become a native part of Bitfinex’s trading experience.
Paolo Ardoino, Chief Technology Officer at Bitfinex, asserts:
“By removing the subscription fee previously required to obtain access to premium Santiment charts we are reinforcing our commitment to bringing transparency, education and insight into crypto markets for all of our customers. This begins with unlocking access to tools for gaining unmatched market intelligence.”
Starting from today, Bitfinex customers can obtain access to premium on-chain and social charts for more than 1,900 tokens without paying for a subscription. This includes expanded analysis metrics and other proprietary, historical and real-time indicators built by Santiment.
Maksim Balashevich, Founder and CEO of Santiment, said:
“Santiment believes that broader access to crypto specific metrics can only be beneficial. If properly studied and applied, they can give timely insight into the market. With some applied practice one would start noticing repeating patterns, reflected on the selected metrics. The learning curve of applied data driven investment decisions might be steep but it is rewarding. We are glad to make an agreement with Bitfinex to help their users make better decisions.”
The Santiment service provides a variety of analytics and trading metrics, including: daily active addresses, development activity contributions count, developer activity, network growth, transaction volume, age consumed, circulation, velocity, exchange flow balance, percentage of supply on exchanges, daily active deposits, market value to realised value, relative social dominance, whale transaction count and network realized profit and loss.
To obtain access to the Santiment analysis tools and view metrics on a specific digital token, customers can visit Bitfinex and navigate to a token of their choice. Within the price ticker in the upper lefthand corner, press the Santiment logo to obtain access to premium analysis metrics for the token. A user will then be seamlessly directed to the Santiment page to obtain the full premium service.
About Bitfinex
Founded in 2012, Bitfinex is a digital asset trading platform offering state-of-the-art services for digital currency traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market, and financed trading for a wide selection of digital assets.
Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for professional traders and liquidity providers around the world. Visit the official website to learn more.
Source: https://en.cryptonomist.ch/2022/07/29/bitfinex-santiments-premium-analytics/