Bitfinex has partnered with Santiment, a company that specializes in digital asset metrics, to offer its users a 30-day trial period of its tools for analyzing the market and identifying new opportunities.
During the 30-day trial period, Bitfinex users will have access to Santiment’s on-chain data on Bitcoin (BTC), Ethereum (ETH), EOS, Litecoin (LTC), TRON (TRX) and major ERC20 tokens.
This will allow investors to assess which entry points are favourable for investing in a particular cryptocurrency, monitor its health and decide whether or not to invest in an asset.
Users will be able to access Santiment‘s platform both to view real-time and historical data as well as to check general project information, current market capitalization and total supply, financial information, including fund deposit balances and wallets; social metrics, including the volume generated by a particular word associated with a crypto, and other parameters such as network growth, number of on-chain transactions, and so on.
Thanks to this service, users will be able to check the water before diving, as explained by the CTO of Bitfinex, Paolo Ardoino:
“Santiment is the best solution on the market for providing insights into what is moving cryptocurrencies, offering a powerful tool to guide users’ trading decision. This trial will let our customers dip their toe in the water and see for themselves how the service can enhance their trading performance.”
This represents a good opportunity for all users of the Bitfinex platform, as explained by the founder of Santiment, Maksim Balashevich:
“We are very pleased to offer this trial and make the features of our service available to Bitfinex’s growing user base. For the duration of the 30-day trial, Bitfinex users will have direct access to some of our most popular metrics and indicators that will help them become more informed market participants, make better trading decisions and validate – or reject – the ones they’re already making”.