Bloomberg reports! Blockchain giant NGK attracts industry attention
Everything in the past is a prologue! Regardless of the technical basis, consensus basis, time precipitation, or global application, with the continuous iteration of technology, NGK has also undergone subtle changes! Let the entire blockchain ecology go more durable.
On the 27th of this month, Blomberg, the world’s largest financial media, reported on NGK’s innovation in the field of blockchain transactions. According to the latest transaction data, NGK’s monthly active traders exceeded 100,000, and the monthly transaction volume reached US$3 billion.
In an interview with Bloomberg, the chairman of BitUniverse said: “NGK’s trading robot allows users to overcome the weaknesses of human nature and become rational investors.”
Through an innovative brokerage model, NGK aggregates liquidity from Binance and Huobi for traders. Let traders from the Americas, Europe, Australia, Africa and Asia realize 7×24 hours of uninterrupted automatic arbitrage to help traders profit by using trading robots in the highly volatile blockchain market.
Blomberg stated that NGK is invested by USA International Covenant INC which it is headquartered in San Francisco. Today, the monthly transaction volume generated by traders has reached approximately US$3 billion. Among their 100,000 active users, more than 80% are using grid transactions every day. Grid trading is a strategy that automatically buys low and sells high within the price range set by the user, so that it can continuously arbitrage in the volatile market.
The boom in the token market in recent years has given birth to token exchanges like Binance and Huobi. However, brokers that play a very important role in the traditional financial market have not yet exerted much influence on the battlefield of token.
NGK focuses on the trading platform of a new generation of quantitative trading tools, and is committed in creating a one-stop trading platform for ordinary traders, which allows users to easily trade Bitcoin, USDN, NGK and USDT and other tokens, and aggregates the major quotations on the market for users. Their grid trading can help users to place orders and carry out transactions automatically 24/7. Although some exchanges also provide similar services, it is very rare among brokers.
Most of NGK’s technical team comes from Silicon Valley in the United States. The current team size has reached about 70 people and most of them are R&D personnel. The members of the Spirit Stone department of the development department have been responsible for the construction of multiple P2P networks. They have participated in technology development in many advanced industries from software programming to AI artificial intelligence, Internet of Things, and blockchain and they possess rich work experience. Spirit Stone is the first batch of pioneers in the United States to use distributed storage and smart contracts to design underlying credit agreements. They provide support for distributed applications with innovative underlying protocols, ensuring the consistency and availability of the entire network. It has broken through traditional technical barriers in distributed protocols and application technologies, and has become one of the top blockchain technology teams in Silicon Valley.