CIFDAQ is all set to offer AI-Powered Trading Bots

CIFDAQ

What would it have to provide that CoinSwitch Kuber and CoinDCX don't already have in the cryptocurrency boom in India? Himanshu Maradiya, the Gujarat-born Founder & CEO of CIFDAQ, is the best person to address this question. "If CIFDAQ had benefited from the achievements made by other exchanges, India would have been a priority for its business strategy," he said. Since India's cryptocurrency law has yet to be tabled and passed, India is on the backburner for as many reasons and more. CIFDAQ will thus make its premiere in Switzerland before moving on to the rest of the globe. India is a huge market and yet an entry can be implemented only after understanding the law that would be implemented to enable offerings in tandem.

The Integration of AI Bot

Trading Bots driven by AI distinguish the wheat from the chaff. The trading bots may generate passive money to exchange users while needing no work or skill for the uneducated. When asked about returns, Maradiya said that back-testing over the past four years throws up double-digit monthly returns. When asked whether this would be a ground-breaking move in AI Trading bot and bitcoin exchange integration, he said, "Why do you want me to make a statement?"

Why is Cryptocurrency Exchange a lucrative and alluring business stream?

Binance became the first cryptocurrency exchange valued at more than $100 billion in barely four years, while Coinbase is currently valued at more than $45 billion. The cryptocurrency sector is expected to be worth $10 trillion by 2023. Unlike gold and the US dollar, it has surpassed the trillion-dollar mark in lesser time and with greater cynosure.

Furthermore, Himanshu Maradiya was asked if he intended to list his cryptocurrency labelled CIFD. He responded immediately, "Of course, the exchange will have its native cryptocurrency called CIFD, and all users who use it stand to benefit in a variety of ways." Furthermore, CIFD will be the first utility token with an internal and external ecosystem that spans the micro and macro."

Is there anything intrinsic or extrinsic to ecosystems?

There is an intrinsic ecosystem in which we may use CIFD tokens to pay for various exchange-traded products and use CIFD tokens as our native currency. Because of the extrinsic utility it provides, it has a GEN-Z dimension. CIFD tokens may be utilized at POS (Point of Sale) in gold stores, health chains, supermarkets, logistics, e-commerce, online subscriptions and lending security.

The concepts "White Hole Swap '' and "White Hole Vaporization" have yet to be referenced in any chronicle. When an investigator questioned Maradiya about the meaning of these words, he said, "These terminologies are currently in the process of being patent and hence would not want to delve into further details." The wait will end shortly, as CIFDAQ Exchange will kickstart these services. "All I can say is that the trading genre they would provide will make the wait worthwhile."

The Takeaways

We investigated the advantages and disadvantages of trading BOTS. One takeaway from our research is that if the BOTS integration is done right, this step might serve as a valuable benchmark for CIFDAQ and other worldwide traders attempting to catch up with Quantitative and Artificial Intelligence Trading BOTS. Disruptive times need even more disruptive technologies, providing traders more time while producing more passive money. Both a token (CIFD) and an exchange (CIFDAQ) will have the ability to communicate inter se. According to this remark, the exchange's users are in for exciting times ahead.