SINGAPORE, Aug. 02, 2022 (GLOBE NEWSWIRE) —
BitYard + Nomics
BitYard is thrilled to announce the alternate itemizing on Nomics.
BitYard is happy to announce the alternate itemizing on crypto asset information firm Nomics, which supplies real-time crypto market cap rankings, market newest costs, buying and selling quantity, charts, and clear buying and selling quantity metrics for prime cryptocurrencies comparable to Bitcoin (BTC) and Ethereum(ETH).
Although everyone seems to be accustomed to wanting on the present buying and selling quantity in the marketplace by way of the 2 well-known information suppliers CoinMarketcap and Coingecko, Nomics supplies two attention-grabbing metrics that CoinMarketcap and Coingecko haven’t got: clear quantity and a seven-day worth forecast.
Nomics launched clear quantity indicators by monitoring the info supplied by the alternate and defines “transparent exchanges” as exchanges that present excessive granularity (trade-level) information with full historical past. Nomics strictly divides the alternate into 7 grades comparable to A+, A, A-, B, C, D, F, and so on., hoping to reassure customers concerning the transparency of the alternate’s transaction information.
In addition, this crypto aggregator additionally generates seven-day forecast costs by monitoring the market quantity of cryptocurrency property throughout a number of exchanges. It will probably be of nice curiosity to customers in the quickly altering crypto market and in addition implies that the info supplied by the alternate is essential to Nomics.
Exchanges present buying and selling information, permitting Nomics to generate better-predicted costs, and Nomics additionally supplies clear buying and selling quantity indicators. Users who use the Nomics service on the identical time can have a greater interpretation and judgment of the info in the market.
To get hold of higher rankings and make customers really feel extra reliable, exchanges will present extra full transaction information to the markets, and on the identical time, Nomics will acquire extra correct information to generate seven-day worth forecasting providers to draw extra customers to make use of their platform. Therefore, this creates a cycle that advantages exchanges, Nomics, and customers.
Currently, BitYard ranks 111 out of 785 exchanges in phrases of transparency and buying and selling quantity and continues to maneuver up.
About Nomics
We’re an API-first cryptoasset information firm delivering professional-grade market information APIs to institutional crypto buyers & exchanges. We supply merchandise & providers that enable funds, fintech apps, & exchanges to entry clear, normalized & gapless main supply commerce & order ebook information.
About BitYard
BitYard is a one-stop cryptocurrency buying and selling platform with probably the most skilled providers. BitYard supplies customers a buying and selling resolution by way of Spot, Contracts for Differences (CFDs), Inverse perpetual contracts, USDT perpetual contracts, Grid buying and selling, and Copy-trading providers.
BitYard：www.bityard.com
Media Contact: Jeanne Hsieh
A photograph accompanying this announcement is accessible at https://www.globenewswire.com/NewsRoom/AttachmentNg/2e7d9d0d-d71f-406a-bede-a566ce7b1c52
