Huobi MENA, Huobi Global’s division concentrating on the African, Middle Eastern, and South Asian markets announced on Nov. 1st that it has partnered with AI Trader, an autonomous digital asset trading system powered by artificial intelligence (AI) to launch a hybrid trading platform that allows users to integrate deep learning AI in their trading activities. The new deal goes into effect immediately and allows AI Traders to gain access to Huoubi MENA cryptocurrency exchange.
Partnership With Traders in Mind
AI Trader also introduces a hybrid intelligence trading mode based on “high-frequency trading (HFT) industry core principles.” The launch of the new platform gives subscribers of all package types a discount of 40 percent. Huobi Mena is offering free trades to all new users for a one-month period in November.
Mohit Davar, the co-founder of Huobi MENA said that artificial intelligence is an important tool that takes the burden off the shoulders of traders. He said:
“At Huobi, we believe that artificial intelligence is not just the future but the present. The strategic partnership with AI Trader enables our users to apply the latest analytical trading tools, thus alleviating the burden on our traders. Our partnership with AI Traders underlines our vision to offer cutting edge solutions to our users.”
The GM and EVP of Huobi MENA, Shantnu Saxena expressed his excitement at the partnership, saying that it fits well into their “strategy to continuously innovate.”
Satoshi Sarma, the spokesperson of AI Trader was also thrilled with the partnership, stating that the:
“Partnership is a giant leap forward in our vision to bring a fundamental shift in the way crypto traders are trading today.”
Due to the partnership, traders now have access to cutting-edge AI technology “which was only available in the hands of established hedge fund and asset management firms till now.”
Huobi Group was established in 2013, and with an accumulative turnover of more than $1 trillion, it is one of the leading blockchain companies in the world. It provides its services to clients in over 130 countries.