How Bitstraq Exchange stands out in the sea of other Centralized Exchanges?
Centralized Exchanges are gaining traction due to the security issues being resolved by the entry of Bitstraq Exchange. For all the investors out there, Bitstraq is a centralized exchange with Artificial Intelligence powered with Machine Learning. The Artificial Intelligence will automate the trading process and establish a hasslefree trading platform.
Other Centralized Exchanges severely lack in the security part. There is no way for the exchange to identify the bad actors and defend the exchange against it. Another major issue is the trade leakage. The trade funds are being leaked through the trading process that is overrun by scammers in the exchange.This inadvertently leads to the decline of trading volume of centralized exchange.
Bitstraq is the next generation of centralized exchanges that keep the security of the traders above everything else. With the introduction of Artificial Intelligence, Bitstraq can remove any apprehension from the trader’s mind of trading in centralized exchange.
Why Artificial Intelligence?
Artificial Intelligence can detect even the minor threats in the exchange. Hackers and attackers employ a number of attacks and find out vulnerabilities in the exchange. AI came onto the scene with its ability to establish the notion of tracking the behavior of the hacker. Bitstraq uses this feature to a great extent by using fraud detection system in the blockchain. It also contains Anomaly Detection system that can be used to detect any anomalies in the exchange and form a collective database through a consensus system.This is done to prevent insider threat and detect abnormal activities or transactions. Artificial Intelligence also makes use of machine learning which can detect unusual data points, bad actors, weed out fraudulent transactions and much more.
Summing-up
This is one of the reasons why Bitstraq stands out from the crowd. Security issues plagued the existing centralized exchanges, and Bitstraq can automate, secure the entire exchange with AI at its stronghold. Any apprehension from traders can be removed with the highest security feature through AI.
Get your hands on BAQ token to know more about the Bitstraq exchange.
Know more:
Website: https://bitstraq.io
Facebook : https://www.facebook.com/Bitstraq/
Twitter : https://twitter.com/bitstraq
Telegram : https://t.me/joinchat/JM0LDUqXZ5LO3kQGn_NAyw