Cryptocurrency Exchange KuCoin To Integrate HyperQuant`s Blockchain Solutionsbr>
Kucoin is a multi-cryptocurrency exchange with service centers based in China. It offers trading pairs such as BTC/BCH, BTC/DASH, BTC/NEO, BTC/ETH, BTC/RDN, BTC/LTC, BTC/CVC, BTC/KCS, BTC/RPX, etc. It also provides users with a mobile app available for iOS and Android.
HyperQuant is a FinTech software platform dedicated for automated crypto asset management, market making and dApps creation that is based on artificial intelligence (AI), risk management, blockchain technologies and fast order delivery protocol. The company claims that it makes investing process fully transparent, secure, and reliable for all market participants – from minor investors to hedge funds and professional capital managers.
Under the agreement, HyperQuant`s proprietary technologies and solutions will be integrated into KuCoin’s trading platform. The goal is to make the platform the most advanced and reliable technical infrastructure on the market. HyperQuant will also gather and analyze trading data in order to use it within the HyperQuant app and for trading strategies and machine learning algorithms backtests.
“We are excited to share our vast stock exchange experience with our partners from KuCoin for our mutual benefit and long-term cooperation,” said Pavel Pavchenko, CEO of HyperQuant. “Our collaboration will advance the development of algorithmic trading platform on the crypto exchanges for the further convenience of our customers.”
Last month, KuCoin announced its special treatment rules for all tokens not complying with the exchange’s quality standards. Under the new policy, tokens that develop a low trading volume can expect placement in a special treatment (ST) area. Likewise with tokens whose team run into legal difficulties. Tokens that are moved to the ST zone will be marked as such, giving traders notice that there’s a risk of removal.