Versatile crypto trading bot platform Zignaly has announced its partnership with digital currency exchange AscendEx, which would allow for its copy trading services to be integrated into the exchange.
Zignaly-AscendEx Partnership
AscendEx, established originally in 2018 as BitMax.io, is a leading digital asset financial platform that caters to both experts and retail traders alike. This partnership was decided following ZIG’s drive to eradicate the problems of trading platforms, expert traders, and investors. ZIG partnering with AscendEx has created an amicable environment that provides professional traders, users, and trading platforms an opportunity to benefit from one another’s services.
The power of networks has never been better as Zignaly’s partnership with AscendEx would enable professional traders on Zignaly to buy and keep ZIG in place for their users. This is a major deal as it would allow users to have access to thousands of ZIG coins without them having to lift a finger
Asia Crypto Today reported the listing of ZIG tokens on the AscendEx exchange on April 15, which marked the first public confirmation of the two platforms’ partnership.
Benefits of the Integration
By partnering with Zignaly, AscendEx would be strengthening its commitment to Zig as a strategic partner. The integration of Zignaly’s social investment platform onto their exchange would open Zig services to its vast user base which would add a lot of validity and credibility to Zig and Zignaly.
The integration with AscendEx would legitimize Zignaly’s use in the crypto market, when the integration and token listing is successful, it is expected that several prominent exchanges would be looking to list ZIG and integrate Zignaly onto their own platform. This wide exposure would further increase the utility of ZIG token in the future.
Zignaly plugging into AscendEx would increase the effectiveness and efficiency of their social trading platforms, as Zignaly users have access to buy, sell, and trade a wide variety of new digital assets available on AscendEx.
Zignaly’s decision to partner with AscendEx is major news in the crypto world as most copy trading services are provided by non-blockchain platforms like eToro. Furthermore, it is going to be a huge milestone for Zignaly moving forward as one of the first decentralized