On May 10th, exactly one month after the launch of the beta version we discussed in this article, EliteX launches version 0.5 of its trading platform. On this occasion the GNY coin was also listed.

The team has worked hard to complete the development of this release, which brings with it several new features, such as improvements to the trading engine, providing liquidity system, and shipping up deposits. Furthermore, the layout of the platform has been retouched, API keys have been added and improvements have been made regarding the security and KYC procedure. As anticipated at the beginning, on the occasion of this upgrade GNY was also added to the list of supported coins. In this way it will be possible to exchange GNY with BTC, ETH and USDT.

The liquidity system is already operative, as the volumes of the trading pairs are now significant, with peaks at 8000 LSK and 155 ETH exchanged in 24 hours, and the order books have already buy and sell orders.

Specifically, as regards GNY/BTC exchanges, the graph records some transactions made and an Order Book that already contains several orders.

The overview is even better for LSK/BTC pair, which already has a higher number of transactions and orders.

The GNY project concerns the first machine learning platform for blockchain applications. Specifically, it is a predictive machine-learning platform that is able to identify repeatable patterns and learning components that are constantly changing. It aims to help businesses to target users, trying to drive them to perform the desired action by predicting their behaviour. The advantage of GNY is in its ability to analyze huge volumes of data and to trace the trends that result from changes in human behavior. The algorithm guarantees a continuous improvement of the forecasts, exploiting the past experiences of communications to improve future predictions. Apart from this, the platform is able to account for real-time changes and so it can respond instantly. You can find more detail in this interview.

Moreover, on the occasion of the launch, all those who sign up for the exchange and complete the KYC procedure between the 13th and 17th of May, will have the opportunity to receive an airdrop of 30.000 GNY!

To mark their 0.5 exchange update, @elitexcrypto will list @gny_io, the #machinelearning #blockchain platform. Register at https://t.co/x0UkLJYn6p & receive a GNY #airdrop. Trade to be in with a chance to win even more #Airdrops.

EliteX #DEX will be built on the Lisk eco-system pic.twitter.com/6FESjhZqGZ — LISK Highlights (@HighlightsLisk) 9 maggio 2019

For those wishing to learn more about the GNY project, we report an interesting live interview with the Head of Blockchain Leo Liang on 8btc.com, which recorded about 101.764 spectators and 1.300.384 total views.

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