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DigiMax Enters Collaboration Agreement with Singapore-based Bitget Exchange
TORONTO, ON, Aug 31, 2021 - (ACN Newswire) - DigiMax Global Inc. (the "Company" or "DigiMax") (CSE: DIGI / OTC PINK: DBKSF), a company that provides artificial intelligence ("AI") and cryptocurrency technology solutions, is pleased to announce that it has signed a Collaboration Agreement with Bitget Exchange based in Singapore ("Bitget").
Established in July 2018, Bitget has become the fastest growing derivatives exchange in the world, with over 1.6 million registered users. According to CoinmarketCap, a world-renowned website for cryptocurrency markets, the average daily trading volume of Bitget has exceeded US$5 billion, ranking seventh after professional derivatives exchanges (FTX and Bybit), and the top three traditional comprehensive cryptocurrency exchanges: Binance, OKEx and Huobi.
With its innovative products and an increasingly robust ecosystem, Bitget has gained a sound footing amid ferocious and homogeneous competition in just three years. Following the launch of USDT-Margined Futures, One-Click Copy Trade and Quanto Swap Futures, the platform announced this April its full acquisition of decentralized wallet Bitkeep to lay a solid foundation for its future development in this segment.
The Collaboration Agreement will provide DigiMax and Bitget opportunities to collaborate on mutually beneficial business arrangements, including without limitation allowing Bitget users to first learn about CryptoHawk, and ultimately directly access CryptoHawk information inside the Bitget system. The companies further intend to develop an API system that would allow Bitget users to access CryptoHawk signals and permit direct one-button trading by Bitget users based on new CryptoHawk indicators being issued.
"We are very pleased to be able to partner with DigiMax to allow our exchange users to have better trading information which in turn, will allow them to substantially increase their trading profits from the AI-based trading signals provided CryptoHawk," said the CEO of Bitget. "In turn, we are excited to be able to offer CryptoHawk subscribers a high-security, low-cost platform for long and short trading in their personal or institutional accounts."
"By becoming a collaboration partner with Bitget, CryptoHawk users will have a great opportunity not only to increase the efficiency and security of their trading, but in the near future they will also have access to automated trading from the CryptoHawk signals," said DigiMax CEO Chris Carl. "We are excited to partner with Bitget to deliver ever increasing value to both of our sets of users now, and in the future."
CryptoHawk is an AI-driven, price trend prediction tool that can be used by any investor to maximize their digital trading profits. It continues to deliver hourly price-trend prediction indicators to help subscribers interested in trading Bitcoin or Ethereum, and now provides overall trend guidance for a broader portfolio of crypto currencies. The
CryptoHawk tool is unique as it uses AI and machine learning to capture profit from the volatility of crypto currencies, rather than incur the risk of buy-and-hold investments. As previously announced by the Company, the combined June-July 2021 period saw
CryptoHawk trading signals generating returns of +44.9% for Bitcoin and +22.1% for Ethereum before trading commissions. During that same period Bitcoin had a net change of +5.1% while Ethereum dropped -3.6% during the period.
DigiMax also announces that it has issued each of its four Directors an Option for 250,000 shares at $0.20 cents per share with a Term of two years effective as of today's date.
About DigiMax
DigiMax is an Artificial Intelligence technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the Company's engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology.
To learn more, visit our website: https://digimaxglobal.com/
Contact:
Martti Kangas
Investor Communications
647-521-9261
mkangas@digimax-global.com
Chris Carl
President & CEO
416-312-9698
ccarl@digimax-global.com
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Forward-looking statements are neither historical facts nor assurances of future performance.
Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. The Company may not actually achieve its plans, projections, or expectations. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning the future plans of Kirobo Inc. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the benefits and uses of our software, the pricing and availability of our software, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, consumer sentiment towards the Company's products and services, failure of counterparties to perform their contractual obligations, government regulations, competition, loss of key employees and consultants, and general economic, market or business conditions, the impact of technology changes on the products and industry, the ability for Kirobo Inc. to complete its business objectives, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.
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SOURCE: DigiMax Global Solutions
Source: DigiMax Global Inc
Sectors: Crypto, Exchange, Artificial Intel [AI]
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