Daneel brings the cryptomarket “on a silver platter”!
Through the past months, Daneel has been in contact with various type of actors related to the cryptocurrency sector such as hedge funds, banks, blockchain startups, and exchanges. Thanks to our discussion, we have been able to encounter special needs among our potential customers and have decided to focus our future development on exchanges.
The exchange industry is highly competitive having hundreds of actors where the customers’ transfer cost is low and major actors catch the main part of the value.
Therefore, there is a clear need for differentiation among exchanges and particularly small exchanges. With our various insights regarding the crypto market, we can provide to exchanges’ users an edge over the market. With this valuable data, users will have a strong reason to choose and stay on an exchange instead of another.
Trading strategies need indicators, fundamentals, and behavioral information. Almost every platform proposes technical analysis, but traders need more:
- news curation (buy/sell the news, market movement, technology evolution…)
- market insights (trends, sentiment, volatility…)
- price prediction (a tool to strengthen global strategies)
That’s why we created a widget, gathering all those data in one place. Imagine Daneel integrated within Binance:
You can try it now: https://dev.daneel.io/widget-demo
On one hand, exchanges will be able to improve the quality of their services. On the other hand, we will be able to promote our products by taking advantage of the visibility offered by exchanges.
The first exchange that has integrated Daneel is, of course, Bit4you, which uses our market sentiment indicator and later our news curation. However, they chose to integrate our API to be able to insert Daneel as they wanted, in accordance with their design.
“Very fast, powerful, and simple to integrate. It taked us less than 1 hour to improve the user experience on our platform through the Daneel API”. Sacha Vandamme, CEO at Bit4you.
Take a look at how it looks:
If you are a crypto exchange and if you are interested in a collaboration, please contact us: email@example.com