CCAI (Cryptocurrencies.ai) — Advanced trading made easy

11 min readMay 26, 2021

Cryptocurrency.ai or already popularly referred to as CCAI is an advanced new age cryptocurrency exchange that offers both centralized and decentralized exchange services with advanced trading tools for its users. The aim is to offer advanced trading solutions to every single user, both experienced and totally new to cryptocurrency. Being built on Solana with strong backing from industry veterans, CCAI is set to shake up the industry. In a market that’s been thoroughly tested and fluctuating in the past weeks, it proves once again that the infrastructure of the industry requires tons of improvement.

Now, Imagine yourself going shopping every single day forced to live up to the standards of the available shops. While shopping, you constantly see things you would do differently and you start to take notes. After a while, that list becomes longer and you decide it’s time to take action. That’s what happened to Hisham Khan, CEO of Cryptocurrencies.ai. After working at Bloomberg, reading articles about Blockchain and dabbling in the world himself, the list of notes on how he’d improve the industry started getting extensive.

After bringing on some top-notch developers, the scene was set and the idea behind CCAI was born. Today, we’re close to the launch of the product with the Decentralized Exchange already live on the Solana blockchain. In this article, we’ll dive deep in the product and see what CCAI will bring to the table!

What is CCAI?

CCAI, short for Cryptocurrencies.ai, is a new cryptocurrency and digital assets exchange that offers users a wide set of tools to make trading cryptocurrencies a seamless experience. They project themselves as:

“A next generation exchange suite with high-performance centralized exchange for both spot and Futures trading with built-in tools for automation, customization and precise analysis, as well as one of the world’s fastest decentralized exchanges purpose built for DeFi on Solana, one of the world’s fastest and cheapest blockchains.”

A lot of traders are often scared of advanced trading platforms because of the terminologies and complex user interface. However, CCAI offers users more technical tools but with a simple approach so that non-experts can also understand the platform and use these tools to make a profit just like the experts do. The goal is to provide advanced trading to every single human being with an interest in trading.

CCAI is built on the foundation of 5 pillars;

Deep liquidity
Innovative Customization
Safe & Secure
Smart Trading Automation
CeDeFi Integration & Convenience

The above is achieved through the means of a range of products and features all coming together in their CEX and DEX. As of today, there’s two products that are live and functioning that we would love to highlight.

CCAI Dex

As one of the very first decentralized exchanges on the Solana blockchain, CCAI has beta-launched their DEX. Anyone that’s interested in trading with the use of the Solana blockchain, which means almost instant settlement and near-zero fees. As of today, there’s only trading, a Solana wallet and analytics are available, but swaps and pools are listed to become available very soon.

In the trading terminal, one can trade multiple pairs including the following;

BTC/USDT
ETH/USDC
SOL/USDC
RAY/SRM
RAY/SOL
OXY/RAY
TOMO/USDC

And many others! Please head over to dex.cryptocurrencies.ai to give the decentralized exchange a try yourself Anyone that wishes to use the DEX, must have a Solana wallet.

CCAI Wallet

The cryptocurrency world all revolves around wallets. In the traditional financial system you have a bank account that functions as your wallet, in the cryptocurrency industry, wallets are your bank accounts. With the introduction of the Solana blockchain, anyone that wishes to use the blockchain must have a Solana wallet. Right now there are several companies offering the ability to create a Solana wallet, but with the CCAI wallet you can directly trade on the CCAI dex.

As you can see in the screenshot you can add multiple addresses in one wallet, similar to what we know with Ethereum for example. In your wallet you can store any currency that lives on the Solana blockchain. Wallets are extremely important in a world with breaches and fraudulent parties all around.

CCAI is working hard to document their operations as thoroughly as possible, so using their resources we’d like to highlight some of their features.

Smart Trading

In the above video you can see a feature that will be available in the CCAI exchange. A simple feature called Smart Trading available for both spot and futures markets. To set up a smart trade, you have to determine three parameters;

Entry Point: these are the conditions for opening your position.

Price and quantity of order.
Total is the equivalent of your order in quote currency.
Cost is the actual amount you will spend considering the leverage in the futures market only.

Stop Loss: the automatic closing of the position when losses reach a certain level

Here you set only the level of loss to close the position in %, and you can also set a timeout with forced stop order to increase your chances of exiting the position in case the market slips.

Take Profit: the automatic closing of the position when profits reach a certain level.

Like stop loss, it’s very easy to set the percentages. You can set up trailing for Take a Profit. Or split it into several parts — split your targets.

With the above feature one can simply prepare for any outcome that happens. This helps traders to protect their risks and to optimize their profits. Not to mention the other very innovative features mentioned in the video, such as automatic Dollar Cost Averaging, which is one of the features shown in the video.

For a more detailed description on Smart Trading — See this link.

Tradingview Alerts

One of the unique features that CCAI offers is trading with the help of Tradingview alerts. The most experienced traders use Tradingview to view their charts and make decisions based on dozens of indicators. One important feature of Tradingview is setting alerts when the price moves in a certain direction. In the smart trading window, you’ll have the option to set three kind of actions when an alert hits;

Once: Trade will be placed once when there is an alert.
If no trade exists: Trade will be placed every time when there is an alert but no open position.
Every Time: Trade will be placed every time there is an alert.

The above just scratches the surface of the opportunities. With the help of this feature, you can automate your trading in a way that’s never seen before. Since many investors spend a lot of time on Tradingview, the adoption of CCAI is not too far-fetched.

For a more detailed description of the Tradingview Alerts — See this link.

Portfolio Performance

Investing in cryptocurrencies, many of us know how easy it is to lose track of your holdings. A proper eye on your portfolio is important in helping you to make clever decisions and see how well you’re performing. Especially for traders, it’s important to know where to improve and to see where your strengths lay. The portfolio performance of CCAI comes down to three ways of displayed your portfolio’s worth:

Unrealized: As the market price is changing at all times, so is your profit or loss for open positions. When a position is open, we display the performance of that position as unrealized p&l. To calculate the unrealized p&l for an open position, we take the current market price to determine what your p&l is in real time if you closed this position.

Realized: When you close an open position, the profit or loss is calculated and is shown as realized since the trade has been exited.

Total: Your total pnl makes up the unrealized plus the realized pnl to give you the overall performance of your portfolio.

For a more detailed description of Portfolio Performance — See this link.

Rebalance

An underestimated feature is the rebalancing feature. There are many different types of investors. You have people that are simply going in head first and buying every single coin based on their gut feeling, and you have others that are making a plan before investing. Let’s say you have $1,000 to invest and you want to put 10% in Bitcoin, 50% in Ethereum and 40% in Solana. At first, that’s possible but the moment the price starts moving things are getting more complicated. You might be overexposed in Solana in comparison to your plan.

CCAI has the perfect solution for this. In their terminal you can simply set the percentages and let the exchange do the work for you. You don’t have to go through difficult calculations or whatsoever, just set the numbers and let CCAI make the trades for you.

For a more detailed description of Rebalancing — See this link.

What is the current state of the product?

At this point, CCAI is still working hard to develop everything behind closed doors. However, they have released a beta-version of their Decentralized Exchange running on the Solana Blockchain. You can trade a couple of tokens that are live on the Solana Blockchain, but anyone that has been paying attention knows that there are hundreds of projects that are launching on Solana very soon. With a decentralized exchange that requires very little fees and near-instant settlement, CCAI is bound to be one of the large players.

The CEX Launch has yet to be announced, it’s unclear right now when this will be launched but we’ll be keeping a close eye on the announcements. Right now, CCAI has been focused on bringing a successful launch of their own token, the CCAI token. It will be exciting to see what the upcoming weeks will bring for CCAI.

The $CCAI Token

In the heart of the protocol, we find the $CCAI token. Similar to other centralized and decentralized exchanges the token has a range of utilities that have yet to be unraveled. These hint at staking rewards, earning from trading fees and others. We can confirm that more information about the token’s utility will be released anytime soon.

Tokenomics

Ticker: $CCAI
Token standard: SOL
Network: Solana Blockchain
Total supply: 50,000,000
Initial Circulating supply: 1,300,000
Initial market cap: $2.6M
Token Type: Utility
Price in Private Round 1: $1.70
Price in Private Round 2: $1.85
Price in Public Sale: $2.00

Who is behind the project?

The industry is not what it was before. You need more than a proper idea to launch your project into the industry right now. You need capital, a network but more importantly, you need the right people. CCAI’s team consists of many seasoned industry professionals with the aim to expand rapidly with the closure of their funding round. Besides the team, the noteworthy partners are what will bring the most spotlights towards CCAI.

Team

Hisham Khan — CEO
Ex-Bloomberg product manager with 10 years experience building tech and leading teams

Lionel Iruk — CLO
Lead counsel and legal advisor for numerous gaming, international business, cryptocurrency and DeFi projects. His clients have collectively generated more than $10 billion to date.

Igor Limansky — Tech, TGE Principal
8 years of experience building enterprise technology specializing in security and distributed systems.

Alisher K — Lead Developer
MS In Robotics, expert in industrial communications. Ex, Airalab, Robonomics.Network engineering lead, Blockchain Hackathon winner (MOBI Grand Challenge & Energy Blockchain Hackathon)

Joe Wong — Marketing Advisor
Principal of Fomocraft Ventures. CMO and Advisor for Mantra DAO, Launchpool, FinxFlo, Polkastarter and Royale.Finance. Joe is a master ensuring that a project’s vision is faithfully excecuted & communicated to the community.

Nicholas Krapels — Strategy Advisor
Prinicipal of Fomocraft Ventures. Advisor to FinNexus, Mantra DAO, Royale, Launchpool and FinxFlo, ex-Wanchain. Writer, educator, startup strategy and token economy expert.

Partnerships

This is where things get interesting. One way to kickstart your project is by partnering up with some of the heavyweights in the industry. CCAI managed to do so with a strong partnership with Launchpool. Thereafter there’s a lot on the table that indicates partnerships with other major projects. These partnerships aren’t public as of yet, but might become in the future.

Launchpool
These days, you have multiple ways of launching your token. There are IEOs, IDOs, ICOs, and now there is Launchpool. With Launchpool people must stake their $LPOOL tokens and receive $CCAI as a reward. In the past couple of days, more than $8 million has been committed to the launch of the CCAI token. It’s exciting to say the least. Besides the Launchpool possibility, there will most likely be an IDO as well.

Investors

In order to bring the industry to a new level, and to truly revolutionize trading, CCAI has raised quite a decent sum of cash. As of the 21st of May, the funding round closed with a total raise of $8 million with some notable investors such as Alphabit and Alameda Research many others including the following;

AMA at Sylant’s Room

We’re hosting an AMA on the 27th of May 20:00 CET / 18:00 UTC with CCAI which you can attend in our Telegram channel! Once again there are nice rewards to get for the best and most creative questions, so stay tuned on twitter and telegram. To be eligible for rewards the next steps are important:

Follow Sylant and CCAI on Twitter
Join the telegram channel Sylant’s Room and CCAI telegram
Comment your best or most creative question on this tweet
Submit your question during the AMA on Telegram as well to increase your chances

Prepare any questions you may have and get ready for the AMA, we’re very excited and will update this review with the most important questions afterwards!

Conclusion

By now we’re aware of the limits of the major blockchains like Bitcoin and Ethereum. The transaction limits, the high fees and long settlement times are making the alternatives look more appealing by the day. One of those options, Solana, is bound to have its season upon us. We’re hearing stories about the Solana summer across the industry, why?

CCAI might just be one of the reasons. Cryptocurrencies.AI is building a smarter solution to current centralized and decentralized trading options. With some innovative features built around security, simplicity and innovativity, CCAI is aiming to bring the most advanced trading tools to a wider audience. Whereas these tools were only available to the expert traders, CCAI will make it easy to use for anyone.

With the likes of established partners, CCAI has strong support from the industry proven once again through their partnership with Launchpool. Over the past days, even though the market corrected with over 50%, more than $8 million has been committed in order to receive their fair share of $CCAI tokens. The announcement of an IDO has yet to be made, but it’s looking more and more interesting by the day for CCAI.

We’ll be keeping a close eye on CCAI, host our very own AMA with the project and gladly follow the launch of the project! Solana summer? We’re ready!