This is a huge achievement for the blockchain startup and another step forward on their journey to becoming the dominant force in the AI-powered prediction trading field: HitBTC is a top 10 ranked exchange and this will result in the ACAT token being more readily available to cryptocurrency investors around the world.
Furthermore, Alphacat is the first NEP5 token (a token that runs on the NEO blockchain) to be listed on HitBTC. More NEP5 tokens are sure to follow but it’s quite an achievement for this young project to be selected first.
Alphacat will be the world’s first robot adviser marketplace to focus on cryptocurrencies. Their platform consists of robots that utilize both artificial intelligence (AI) and ‘big data’ to predict the future price of specific cryptocurrencies.
Their goal is to make it easier for anyone to invest in the cryptocurrency market by offering people an easy-to-use advisory service with incredibly high levels of accuracy.
Alphacat’s AI robots calculate the likelihood that a particular market will increase, and to date, price prediction for Bitcoin has an accuracy of 60%. There is no other prediction tool on the market with this level of accuracy.
Their platform development is on track and is set to go live in Q3 of this year.
This is a huge development for the Alphacat project: HitBTC is one of the most advanced cryptocurrency exchanges in the world and has been operating since 2013.
The HitBTC platform’s state-of-the-art core matching engine utilizes innovative features such as real-time clearing and advanced order matching algorithms. It has been praised for its fault-tolerance, uptime and high availability.
The Hong-Kong based exchange is currently ranked 9th in the world with a daily trade volume of over $200 million USD. In light of that, it’s reasonable to expect ACAT’s trading volume to increase significantly, once they are listed.
A launch date is yet to be finalized but it has been slated for the very near future.