Swyftx Revamps Its Asset Pages With Custom Indicators From Intotheblock

Swyftx now offers unrestricted access to comprehensive On-chain analytics for a wide range of assets on its dedicated pages.

Swyftx is a premier Australian cryptocurrency exchange that offers a comprehensive and user-friendly platform for individuals looking to enter the world of digital assets. After being founded in 2017 with a strong focus on security, Swyftx provides a trustworthy and regulated environment for trading 300+ crypto assets with a great user experience that caters to seasoned investors and newcomers to the crypto space. With its commitment to innovation and customer satisfaction, the platform offers a seamless trading experience with advanced features, competitive fees, a vast selection of assets to choose from, and from today onwards, On-chain analytics through a collaborative integration of IntoTheBlock’s Market Intelligence indicators.

Swyftx has emerged as a leading player in the Australian crypto market, catering to the diverse needs of its growing user base and today’s announcement proves their commitment to providing better infrastructure for the whole crypto market.

When you navigate to Swyftx’s asset pages you’ll find a set of tabs indicating whether you are looking at the “Overview”, “Chart”, or “Analysis” of the asset. After clicking on “Analysis”, users will find a clean and intuitive interface with 11 visualizations showing some of IntoTheBlock’s most popular indicators with On-chain data, and Social Sentiment Analysis.

To be precise, this integration includes the following fundamental charts:

• Token Summary: An aggregation of small charts that provide a holistic view of the asset’s network activity over the past seven days with metrics such as “Holders Making Money at Current Price”, the “Concentration by Large Holders”, the “Holders’ Composition by Time Held”, “Transactions Greater than $100K”, and its “Telegram Members Change” if the asset has an official Telegram group.
• Daily Active Addresses: An indicator that tracks the daily number of New Addresses, total Active Addresses, and Zero Balance Addresses, which is helpful to track network activity over time.
• Global In/Out of the Money: An On-chain profitability analysis regarding all addresses that currently hold a certain asset. Addresses “In the Money” are the ones that are profitable, addresses “At the Money” are close to breaking even, and Addresses “Out of the Money” are considered to be unprofitable.
• Large Holders Netflow: An On-chain Flows analysis that provides an idea of the change in positions of whales and investors with over 0.1% of supply. In short, spikes in Netflows can be seen as accumulation from large players, while drops point to reduced positions or selling
• Balance by Time Held: An indicator that shows the value of coins relative to each individual group (Hodlers, Cruisers, and Traders) since its historic inception. This helps to keep track of the trading behaviors of each different group.
• Twitter Sentiment: An analysis that uses IntoTheBlock’s proprietary classification machine learning algorithm to infer the connotation of messages discussing a particular crypto-asset and its ticker. These are plotted over time to track market sentiment and the level of activity in relation to a crypto asset on Twitter.
• Github: An indicator that directly links to the official Github repositories of a crypto asset and extracts key information for each protocol’s ecosystem of developer activity.

At IntoTheBlock, we are thrilled about this highly anticipated release, which has taken meticulous work and dedication from both companies’ teams. This strategic partnership allows users to benefit across the numerous geographical locations where Swyftx operates. By joining forces, we aim to provide an enhanced trading experience that leverages the powerful insights offered by IntoTheBlock’s Market Intelligence analytics and Swyftx’s.

We are eager to hear your feedback about your experience with Swyftx and IntoTheBlock.