Which AI Crypto Trading Signal is the Best?
Best AI crypto trading signal - AI Bybit Tool (TradeGPT)
Best 5 AI crypto trading signals:
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AI Bybit Tool (TradeGPT): Harnesses AI to deliver real-time trading strategies and market analysis via a Telegram interface.
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Coinscreener: Provides AI-generated trading signals and extensive market analysis tools through a user-friendly web and mobile platform.
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Cryptorobotics.ai: Offers a variety of automated trading bots and tools for advanced strategy implementation on multiple exchanges.
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Profitfarmers: Simplifies crypto trading with high win-rate AI signals and a comprehensive copy-trading system.
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Crypticorn: Integrates deep learning algorithms for precise price predictions and 24/7 trading automation across major exchanges.
Artificial Intelligence (AI) has emerged as a potential ally for traders, leveraging algorithms and machine learning to provide predictive signals that help mitigate risks and enhance profit margins. However, the primary risk lies in the reliability and accuracy of these signals, which can vary significantly between providers.
This article serves as a comprehensive guide to selecting the most effective AI crypto trading signals. By evaluating various platforms based on accuracy, user-friendliness, and cost-effectiveness, we aim to equip traders with the tools necessary to enhance their trading strategies.
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What are signals in trading?
Trading signals are recommendations or insights used by traders to help make decisions on when to buy or sell an asset.
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How accurate are crypto signals?
The accuracy of crypto signals can vary significantly depending on the source and methodologies used. They are generally more reliable when backed by robust analysis and a proven track record.
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Can AI generate crypto signals?
Yes, AI can generate crypto signals by analyzing vast amounts of market data using algorithms and machine learning techniques to predict market movements and generate trading recommendations.
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How is AI used in cryptocurrency?
AI is used in cryptocurrency trading to analyze market trends, predict price movements, automate trading strategies, and enhance decision-making processes by processing and interpreting complex data faster than humans can.
What is the Best Crypto AI?
Selecting the right AI crypto trading signal provider involves scrutinizing several key factors: the sophistication of the technology, the accuracy of the signals, ease of integration with trading platforms, and the cost-benefit ratio. Each provider has been evaluated on these criteria to ensure that users can make informed decisions aligned with their trading needs and financial strategies.
While no AI system can guarantee absolute profits due to the inherent unpredictability of the financial markets, the right tool can significantly increase the probability of successful trades. This review covers a range of tools that promise comprehensive analytical tools and predictive capabilities.
Our top picks for the best AI crypto trading tools include:
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AI Bybit Tool
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Coinscreener
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Cryptorobotics.ai
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Profitfarmers
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Crypticorn
These tools have been chosen for their proven track record, user feedback, feature sets, and overall reliability in the volatile crypto market. Each has its unique strengths and potential drawbacks, which we will explore in the following sections. Let’s dive into the specifics of each AI trading signal provider to uncover which tool might best suit your trading style and needs.
AI Bybit Tool (TradeGPT) Review
TradeGPT, is a cutting-edge AI-powered platform developed by Bybit to enhance cryptocurrency trading through automated, intelligent strategies. This tool integrates artificial intelligence with Bybit's trading systems, providing a sophisticated yet user-friendly trading assistant aimed at optimizing strategies and outcomes.
TradeGPT Features
Key Features
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AI-Enhanced Trading Strategies: Utilizes AI models like the GPT to offer real-time data and market analysis, helping users make informed trading decisions.
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Telegram Integration: Accessible via a dedicated Telegram bot, allowing users to receive instantaneous market analysis and trading signals.
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Automated Signal Notifications: Delivers trade signals based on analysis of trading volume and technical indicators, along with profit signals to suggest optimal times to take profits.
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Comprehensive Market Tools: Uses technical indicators such as KDJ, MACD, RSI, and Bollinger Bands to provide detailed market insights.
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User-Friendly Interface: The Telegram bot facilitates easy access through commands, making complex trading strategies accessible to all traders.
| PROS | CONS |
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Real-Time Insights: AI-driven live data and market analysis enable quick, informed decision-making. |
Platform Limitation: Reliance on Telegram may not appeal to all users, especially those preferring a standalone application. |
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Accessibility: Easy interaction through the Telegram bot, making it practical for both beginners and experienced traders. |
Signal Accuracy: Given market volatility, the accuracy of signals can vary, potentially affecting trading success. |
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Thorough Analysis: Extensive use of technical indicators for a well-rounded market understanding. |
No Official Advice: The tool does not provide investment advice, requiring users to consider additional risk management strategies. |
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The underlying platform, ByBit, has very low ratings on TrustPilot - 1.7 out of 5 from almost 1000 reviews |
Final Verdict
The AI Bybit Tool (TradeGPT) is good for traders who favor using Telegram and desire AI-enhanced tools to refine their trading decisions. This platform excels in delivering comprehensive, AI-driven market analyses and timely signal notifications.
TradeGPT is only available to ByBit users, so if you don’t want to use the ByBit website or app, you will need to look elsewhere. The negative reviews of ByBit can be a cause for concern.
How to Start
Initiating TradeGPT involves interacting with the TradeGPT Telegram Bot via direct message or group chat. Users can begin by sending specific commands to the bot to receive customized trading signals and market analyses. This straightforward process makes TradeGPT highly accessible to newcomers in the crypto trading field.
Coinscreener Review
Coinscreener is an advanced AI-driven platform designed to enhance cryptocurrency trading with real-time signals and comprehensive market analysis. This tool harnesses machine learning algorithms and technical analysis to provide traders with insights that help optimize their trading strategies and minimize risks.
Coinscreener.ai homepage
Key Features
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AI-Generated Trading Signals: Produces signals by scanning major cryptocurrency exchanges in real-time, utilizing both technical and fundamental analysis to maximize trading opportunities.
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Top Trader and Whale Alerts: Tracks significant market players' activities, providing alerts that help users make timely and informed decisions.
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Unusual Activity Alerts: Notifies users of sudden market movements, which are potential indicators of lucrative trades or emerging risks.
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Real-Time Market Monitoring: Offers continuous surveillance of market conditions, allowing traders to quickly identify and capitalize on trading inefficiencies.
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Risk Management Tools: Features tools such as volatility analysis and potential loss metrics, which help refine strategies and optimize portfolio allocation. Includes automated trading functionalities to reduce manual intervention.
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Educational Resources: Delivers timely updates and educational blogs to keep traders informed about the latest market trends and product features.
| PROS | CONS |
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Comprehensive Insights: Provides a deep dive into market dynamics and trader activities, which enhances strategic decision-making. |
Premium Features Cost: Most valuable features require a Pro subscription, which may deter some potential users due to cost concerns. |
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Multifaceted Alerts: Offers various alerts including price changes, trader actions, and market inefficiencies, giving traders a holistic view of the market. |
Complex Features: The range of detailed features and alerts might overwhelm beginners or less tech-savvy traders. |
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Accessibility: Available on desktop and mobile (iOS and Android), facilitating on-the-go trading and strategy adjustm |
Technical Focus: Predominant reliance on technical analysis might overlook fundamental market shifts, affecting long-term trading efficacy. |
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Flexible Plans: With both free and Pro plans, it caters to a range of trader needs and investment capacities. |
A few users have reported occasional bugs |
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Very positive reviews from customers, with a 4.75 out of 5 on Product Hunt. |
Final Verdict
Coinscreener is ideally suited for intermediate to advanced traders who value detailed analytical tools and real-time data to inform their trading decisions. The platform's robust alert system and the ability to track significant market players offer strategic advantages, particularly useful for those ready to act on quick market changes.
The complexity and cost of Pro features may be prohibitive for beginners. Traders looking to fully exploit Coinscreener's capabilities should consider the Pro plan for a comprehensive feature set.
How to Start
Beginners can initiate with Coinscreener by registering on the web or through mobile apps, starting with the free plan to explore basic features and alerts. Upgrading to the Pro plan is recommended for access to advanced functionalities like in-depth trader insights and extended alert options. Start simple, gradually adapting to more sophisticated features.
Cryptorobotics.ai Review
Cryptorobotics.ai offers a comprehensive crypto trading platform that caters to both beginners and experienced traders through its suite of automated and manual trading tools. This platform seamlessly integrates with popular cryptocurrency exchanges and provides a range of robotic trading options to enhance strategy execution and market adaptability.
Cryptorobotics.ai main website
Key Features
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Automated Trading Bots: Includes bots designed for swing trading, arbitrage opportunities, and specific strategies like news-based trading, utilizing technical indicators to operate across exchanges.
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Multiple Trading Strategies: Supports various strategies including longer time frame swing trading and quick-response arbitrage, catering to different trading goals and styles.
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Platform Compatibility: Accessible via web, macOS, Windows, and Android devices, ensuring traders can monitor and adjust their trades on their preferred devices.
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Advanced Trading Tools: Features smart orders like OCOs (One Cancels the Other), trailing stops, and integrated TradingView charts for comprehensive technical analysis.
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Portfolio and Exchange Management: Tracks all exchange transactions and balances with detailed graphs, supporting major exchanges like Binance and Kucoin for a cohesive trading experience.
| PROS | CONS |
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Versatility in Trading: Automated bots and a variety of supported strategies enhance trading effectiveness and adaptability to market changes. |
Complex Interface: The wide array of features and advanced settings may overwhelm novice traders. |
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Comprehensive Analytical Tools: The integration of advanced orders and detailed charts helps traders optimize their strategies with precision. |
Subscription for Advanced Features: Access to full functionalities requires a paid subscription, which might not appeal to all users due to the additional cost. |
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Cross-Platform Availability: The multi-device compatibility and support for numerous exchanges offer considerable flexibility and convenience. |
Automation Reliance: The strong focus on automated trading might not suit traders who prefer manual control over their trading decisions. |
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A high rating of 4.5 out of 5 on TrustPilot. |
Final Verdict
Cryptorobotics.ai is well-suited for traders looking to utilize automated solutions to enhance their trading precision and efficiency. The platform's robust features and support for multiple strategies and devices make it a valuable tool for navigating the crypto market's volatility.
However, the complexity and cost of advanced features may deter new traders or those on a tight budget. Furthermore, though the 4.5 / 5 is great, Cryptorobotics only has 17 reviews, which might not be a high enough number of reviews to be absolutely sold on it for some.
How to Start
Starting with Cryptorobotics.ai involves selecting a suitable subscription plan, ranging from a free basic access to more comprehensive paid options. Users can register on the platform through its web or mobile applications.
Initially, new users should experiment with different bots and the platform's features using the trial versions available, gradually moving to more advanced functionalities as they gain comfort and expertise. For full feature access and enhanced trading capabilities, upgrading to a premium plan is advisable.
ProfitFarmers Review
ProfitFarmers is an AI-driven crypto trading platform that leverages artificial intelligence to offer high win-rate trading signals and automated trading tools. Simplifying the trading process, it uses AI to scan the cryptocurrency markets continually, identifying high-probability trade setups and executing trades efficiently.
ProfitFarmers crypto trading signals page
Key Features
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AI-Enhanced Trading Signals: The platform's core feature, AI-enhanced trading signals, are generated through continuous market scanning. These signals include detailed entry, target, and stop-loss levels based on AI analysis, aiming to maximize successful trade outcomes.
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AI-Driven Trading Tools: Includes features for signal accuracy analysis, allowing traders to evaluate the effectiveness of AI predictions. The platform supports semi-automatic trade execution and management, adjusting trades in real-time to optimize results.
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Copy-Trading Automation: Users can automatically replicate successful trading strategies identified and managed by AI, simplifying the trading process and enabling passive trading.
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Education and Support: ProfitFarmers provides AI-powered educational resources and real-time support to help users understand market trends and effective platform use.
| PROS | CONS |
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High Efficiency: AI handles complex data analysis, reducing the time users need to spend on market research. |
Reliance on AI: Heavy dependence on AI may deter users who prefer more hands-on control over their trading decisions. |
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Reduced Emotional Trading: Automated trading helps minimize emotional biases, leading to more rational decision-making. |
Learning Curve: Despite its user-friendly design, the wealth of features and advanced AI tools require a learning period, especially for beginners. |
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User Accessibility: The platform is designed to be user-friendly, making advanced trading accessible to traders of all experience levels. |
Binance Dependency: To access full features, users must have a Binance.com account, which could limit accessibility for some traders. |
Final Verdict
ProfitFarmers offers to leverage AI to enhance their trading strategies. The platform's AI-driven signals and tools offer a significant advantage by automating analysis and trade execution, which can lead to higher profitability.
Still, the effectiveness of the AI and the necessity for a Binance account may not appeal to everyone. For those willing to embrace its technology, ProfitFarmers could significantly streamline and improve their trading operations.
How to Start
New users can sign up on the platform’s website, optionally linking a Binance.com account to maximize the available features. Beginners should initially focus on understanding the AI signals and how the automated tools align with their trading strategies, utilizing the platform’s educational resources to gradually become more proficient in advanced features.
For comprehensive access and optimal use of AI functionalities, users may consider exploring more detailed settings as they gain confidence and experience.
Crypticorn Review
Crypticorn is an AI-driven trading platform that uses advanced algorithms to enhance the cryptocurrency trading experience. It offers 24/7 trading automation, AI-driven trading signals, and comprehensive risk management tools. This platform is designed to support both novice and experienced traders by integrating seamlessly with major trading platforms like Binance, Kucoin, and ByBit.
Crypticorn platform showcasing main menu and official partnerships
Key Features
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AI-Driven Trading Signals and Price Predictions: Crypticorn employs machine learning and deep learning to provide precise cryptocurrency price forecasts, enabling real-time informed trading decisions.
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24/7 Trading Automation: Operates continuously, using AI to analyze market conditions and execute trades, ensuring opportunities are captured at all times.
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Risk Management Tools: Allows traders to set customizable risk levels to help maximize returns and minimize losses under varying market conditions.
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Token Ecosystem: Crypticorn’s native token, $AIC, offers benefits like early and lifetime access to services, including their AI trading bot and predictive analytics dashboard.
| PROS | CONS |
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Efficiency: AI algorithms process large data volumes swiftly, crucial in the fast-paced crypto market. |
Dependence on Historical Data: AI’s reliance on past data may not quickly adapt to unprecedented market events. |
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Time-Saving: Automates trading processes, reducing time spent on manual trading and minimizing human errors. |
Security Risks: Potential vulnerabilities could expose users to financial losses through hacking. |
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Educational Resources: Provides extensive guides and tutorials to help users effectively utilize the trading bot and signals. |
Market Unpredictability: AI systems may falter due to the unpredictable nature of the cryptocurrency |
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A decent score of 4.2 out of 5 on TrustPilot |
Final Verdict
Crypticorn is best suited for traders looking for a powerful AI tool to streamline and enhance their trading decisions. The platform's ability to provide real-time analytics and continuous trading operations makes it a valuable asset for those seeking efficiency and precision in their trading strategies.
Always remain cautious of the inherent limitations of AI, including its reliance on historical data and potential security risks. It’s advisable for traders to integrate Crypticorn’s tools into a broader, diversified strategy to mitigate these risks.
How to Start
Starting with Crypticorn involves signing up on their platform and possibly investing in their native token, $AIC, to gain full access to their services. New users should initially explore the platform using its educational resources to understand how to best utilize the AI tools and manage trading bots effectively. Gradual integration of Crypticorn’s features into regular trading activities is recommended to fully leverage its capabilities.
Best crypto exchanges
How do you use AI Crypto Signals?
Using AI crypto signals can significantly enhance your trading strategy by providing timely and data-driven insights. Here’s a simple step-by-step guide for beginners:
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Open a Crypto Exchange Account: Choose a reputable cryptocurrency exchange and create an account. Ensure it supports API integration for automated trading. Our guide can help with that: How To Open A Cryptocurrency Trading Account?
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Select an AI Signals Provider: Subscribe to a reliable AI crypto signals service that matches your trading preferences and risk tolerance.
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Integrate with Your Exchange: Connect the AI signals platform to your exchange account using API keys to enable automatic or semi-automatic trading.
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Set Your Trading Parameters: Configure your risk management settings, such as stop-loss and take-profit limits, based on the AI signals received.
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Monitor and Adjust: Regularly review the performance of the AI signals and adjust your settings as necessary to optimize trading outcomes.
Expert opinion
Always verify the historical accuracy of AI crypto signals before fully committing your capital. Effective risk management combined with validated signals can dramatically improve your trading outcomes.
Consider factors such as market conditions, technical indicators, and risk management strategies. Remember that AI signals are not infallible and should be used as one of several inputs in your trading decision-making process.
Summary
Leveraging AI crypto trading signals offers a strategic advantage by providing precise and timely market insights. These tools can significantly enhance decision-making and efficiency for both novice and experienced traders.
However, it's crucial to select a reputable AI signals provider and integrate sound risk management practices. Remember, while AI can offer powerful guidance, successful trading also requires continuous learning and adaptation to market conditions. Embrace these technologies wisely to maximize your trading potential.
Glossary for novice traders
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Trading
Trading involves the act of buying and selling financial assets like stocks, currencies, or commodities with the intention of profiting from market price fluctuations. Traders employ various strategies, analysis techniques, and risk management practices to make informed decisions and optimize their chances of success in the financial markets.
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Broker
A broker is a legal entity or individual that performs as an intermediary when making trades in the financial markets. Private investors cannot trade without a broker, since only brokers can execute trades on the exchanges.
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3
Cryptocurrency
Cryptocurrency is a type of digital or virtual currency that relies on cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies operate on decentralized networks, typically based on blockchain technology.
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Crypto trading
Crypto trading involves the buying and selling of cryptocurrencies, such as Bitcoin, Ethereum, or other digital assets, with the aim of making a profit from price fluctuations.
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Risk Management
Risk management is a risk management model that involves controlling potential losses while maximizing profits. The main risk management tools are stop loss, take profit, calculation of position volume taking into account leverage and pip value.
Team that worked on the article
Vuk stands at the forefront of financial journalism, blending over six years of crypto investing experience with profound insights gained from navigating two bull/bear cycles. A dedicated content writer, Vuk has contributed to a myriad of publications and projects. His journey from an English language graduate to a sought-after voice in finance reflects his passion for demystifying complex financial concepts, making him a helpful guide for both newcomers and seasoned investors.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).