Things are happening behind the scenes at Daneel, the announcements are thriving, and we don’t intend to stop there! We are now announcing the first integration of Daneel on an exchange. It is our Belgian neighbors Bit4you, one out of many who are yet to come. By integrating Daneel, the exchange allows its users to know the market sentiment for each crypto listed on their exchange, allowing them to probe the state of the market without even having to leave the platform. The amount of data analyzed by Daneel is transferred per channel (Twitter, Reddit, press…). The feature is only available on mobile phones before becoming accessible on the web.

The crypto-currency market being very sensitive to the psychology of investors, it is an asset of choice that Bit4you aims to arm itself with, against the competition, and to allow its users to be informed on the state of the market.

Sacha Vandamme, CEO of BIT4You, confirms: “It is now possible to filter the news of a particular cryptocurrency and get a sentiment score. This feature is possible thanks to the analysis of millions of data collected on social networks such as Twitter, Reddit, and the specialized press. This is what we were looking for at BIT4you, hence our collaboration with Daneel.”

“Finally,” adds Marc Toledo, Managing Director of Bit4You, “thanks to artificial intelligence optimized by IBM Watson’s technology, Daneel assigns a score based on the validity of the source to each piece of information. Its robots analyze more than two million data per day!”

Bit4You, first crypto exchange in Belgium

As a reminder, launched in 2018, Bit4you aims to facilitate the transition to this new decentralized world on the Belgian territory and enable everyone to invest easily. Thanks to a demo account, the user can already have a user-friendly experience and practice before switching to the pro account with real money. Each asset has its own data sheet with price variation, trading volume, news flow and now market score. The exchange is in line with existing regulations, thus providing its users with a safe environment.