- New Stellar-based trading solution leverages AI
- BRIDGE offers an interesting way of sourcing liquidity
- AI reduces risk and helps traders make more profit
Stellar Lumens News Today – The Stellar protocol has landed another milestone in terms of providing solutions to the ecosystem. Most Blockchain networks believe offering ways to help people and providing more use cases for their offering is a way forward to drive adoption. And when you consider the fact that trading in digital assets has increased in demand these days, then we shouldn’t be surprised that a solution has been provided. This time it is a platform called BRIDGE. BRIDGE is based on the Stellar network. It is a new solution that is designed to accommodate this kind of issue.
BRIDGE Combines Multiple Trading Tools
The key reason BRIDGE is so interesting is that it is based on the Stellar protocol. The primary benefit that BRIDGE offers is how it was able to combine multiple trading tools in one unit. All the options contained in the BRIDGE are designed to offer users the ultimate seamless experience. This benefit applies to both beginner and advanced users.
One of BRIDGE’s core functions is to create a direct connection between the traders and top trading platforms all around the world. Another benefit is the interesting way that the product offers users sourcing liquidity without having to sacrifice their security. There is also the option that users are exposed to AI (artificial intelligence).
Using AI offers Less or No Risk to Traders
The use of artificial intelligence will likely reduce the amount of risk traders take. It will also help traders increase their profit margin. Perhaps one of the most intriguing features of BRIDGE is the option to do copy and paste. Users can copy and paste their existing strategies with other traders. Even though this function can be found on other platforms as well, how viable blindly this strategy is been followed by others remains to be seen.
It is always a good idea to see more competition come among digital currency trading platforms. Hence, it is safe to say that leveraging technology provided by the Stellar network can offer several advantages. Sometimes these advantages may not seem apparent immediately, but eventually, they will become noticeable. Per the announcement about BRIDGE, additional reports indicate that there will be a native token involved in the solution. The digital coin will be associated with the BRIDGE solution. The developers claim it is designed to help cut down on trading fees.
Meanwhile, in other reports, the price of Stellar Lumens is bleeding today. According to data provided by CoinMarketCap, Stellar Lumens was trading at $0.061758 at press time. The coin is down by 7.82% over the last 24-hours.