SINGAPORE, Oct. 14, 2024 (Globe Newswire) — armor wallet We are announcing a next-generation cryptocurrency wallet that leverages AI to significantly facilitate cryptocurrency investment. It utilizes a chatGPT-style text-to-prompt interface, allowing users to input methods such as investing, buying, selling, DCA, etc. An integrated AI agent fulfills requests without requiring users to learn complex interfaces or understand crypto or financial jargon. Armor simplifies the often highly complex and technical world of cryptocurrency investing.
This wallet solves one of the biggest problems in cryptocurrencies. Ability to easily buy, sell, research and trade tokens and track history, profits, losses and current positions. If a user can enter what they want to do in plain English, Armor AI will convert it into a transaction or ask additional questions to complete the transaction.
“Buy $500 worth of Bitcoin.” The AI finds the best price for Bitcoin, places an order (spot price), and executes the order all at once. Alternatively, you may want to wait to buy Bitcoin in case the price drops. You can then ask, “If Bitcoin drops 10%, please buy $500.” Armor constantly monitors the market and will place orders day or night if the price of Bitcoin drops.
Armor Wallet is like having a broker or trading desk in your pocket. You can perform highly complex trades such as dollar-cost averaging over months, setting purchase limits, and selling on specific days.
The use of AI is to make investing simple and easy to understand for beginners, but it also benefits professional traders, providing new tools to make highly complex trades and conduct important market research. I will. From scheduling future trades based on market conditions to gaining a deeper understanding of past performance, AI is a new tool for investors of all types.
Armor Wallet's AI is trained not only in investment techniques and vocabulary, but also in Web3 culture. This gives AI an edge in understanding current trends and narratives, which is important when investing in cryptocurrencies that are primarily based on trends and narratives. Armor can also be used in conjunction with X (formerly Twitter), which analyzes Twitter accounts, to provide better guidance to investors about new and popular tokens.
Armor's use of AI is not designed to try to predict future cryptocurrency prices, but is built to help users trade better and faster, with one simple A simple chat-based interface puts powerful trading tools at everyone's fingertips. By making it easy for everyone to invest in cryptocurrencies like a pro, we will be able to accommodate the next billion users and solve one of the biggest challenges in this space.
AI is starting to benefit our daily lives, and Armor Wallet leverages this powerful tool to make investing in cryptocurrencies safer, easier, and more profitable than ever before.
About
armor wallet is an AI-powered cryptocurrency wallet and trading assistant that supports multiple blockchains to make investing easy and secure. Get a complete overview of your portfolio by bringing all your investment data together and managing it in an intuitive chatGPT-style interface. By leveraging AI agents, Armor Wallet helps you conduct better research, avoid fraud, and create sophisticated transactions that can be executed 24/7.
You can follow the project and stay up to date with its developments using the following link: Website | X (Twitter) | telegram | discord
Contact details:
Stefan Savsky
stefan@armorwallet.ai
Disclaimer: This content is provided by 'Armor'. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not intended as a solicitation for investment, nor is it intended as investment advice, financial advice or trading advice. Before investing in or trading in virtual currencies or securities, we strongly recommend that you exercise due diligence, including consulting with a professional financial advisor. Please do your own research and invest at your own risk.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/a75f7dee-b38d-49ee-9b61-8cb69f7cad47
https://www.globenewswire.com/NewsRoom/AttachmentNg/33647cb4-7ab5-447a-9081-f60f95e03220
