Akt.io launches crypto trading bots to boost Italian post-pandemic savings

MARKET_WATCH Crypto

Cryptocurrency adoption remains a growing trend, despite many difficulties of the current period (Bear market, scandals, the Ukrainian-Russian war and its consequences…). This statement is particularly true for the Italian market. To highlight this fact, let’s take a look at the study conducted by the OAM (Organismo Agenti e Mediatori) and published in February 2023.

 

This study of 700 Italians helps us understand the trends within the Italian world of cryptocurrencies. Let’s recall that, in Italy, the savings capacity of households has doubled during the pandemic, but returns on savings have stayed stagnant. We believe that Akt.io, our mobile application that democratizes the digital investment world, is the perfect solution…at the perfect time.

 

Let me explain to you why.

 

According to this survey, the cryptocurrency market keeps growing in Italy. Let me highlight some interesting figures:

o 30% of the sample said they already acquired crypto.

o 35% are planning to buy crypto in the future.

o 47% of people believe that the use of digital assets will surpass that of traditional currencies in the future as they are seen as a faster, cheaper, and safer method of payment.

These figures are particularly significant as they show that confidence in this sector remains high, even in the aftermath of the difficulties that occurred in the past months.

 

Concerning the people that have never invested before in the cryptocurrency environment. Among the reasons why individuals have not yet entered this market are mainly (i) the lack or minimal knowledge of the subject, (ii) the fact that they do not know how to buy them and (iii) who to get help from in case of difficulty.

 

This is why Akt.io developed:

(i) Different proprietary tools in one application, designed to help users understand crypto and its environment (e.g., market minds, market sentiment).

(ii) An easy-to-use and intuitive marketplace where users can buy, in 1 click, more than 90 cryptocurrencies.

(iii) A customer support team based in France and available in Italian, ready to answer all the possible (and even impossible) questions raised by our customers, via e-mail, phone and/or social media.

 

 

Let’s talk about Diversification now.

 

For 30% of the sample, the only way to mitigate the risks linked to cryptocurrencies, just like traditional finance, is to diversify the portfolio. However, this process can be long and complicated. Automated tools that can manage and modify investments according to market fluctuations would be the perfect solution. And guess what? It is exactly what Akt.io has developed.

 

Thanks to the Diversified Crypto Portfolio, available within the application, Akt.io's clients can rely on in-house experts to allocate their investments and subsequently let powerful proprietary technologies and algorithms constantly and autonomously manage and adapt their crypto portfolios.

 

You don’t need to be a crypto geek to navigate the world of crypto like a pro.

 

As a reminder, Akt.io has been available in Italy since 2022 and is officially registered within the OAM as a VASP. With more than 300K downloads in less than a year, we do believe that our app is the future of the financial world.

For more information: https://www.akt.io/it/

 

Silvia COLUCCI

Deputy Country Manager – Italy Silvia.colucci@akt.io

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Automata FRANCE SAS

240 rue Evariste Galois,

06410 Biot,

Sophia Antipolis

Automata Pay

65-66 Warwick House 4th

Floor, Queen Street, London

England, EC4R 1EB

Automata Pay Europe Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata ICO Ltd

Italian Branch

Via Archimede, 161,

00197 Roma

Italy

The purchase of digital assets is subject to a high market risk and price volatility. Changes in value can be significant and occur rapidly and without warning. Past performance is not a reliable indicator of future performance. The value of an investment and returns can fluctuate both up and down, and you may not recover the amount you invested. RISK WARNING

Automata ICO Limited has a branch in Italy with its registered office at Via Archimede, 161, Roma, Italy, and registered in Italy under number 96550860587 with the Organismo Agenti e Mediatori (OAM) as a Virtual Asset Service Provider (VASP).

Automata France SAS is a company registered in France with the company number 902 498 617. Automata FRANCE SAS is registered with the french Financial Market Authority, l’Autorité des marchés financiers (“AMF”), as a provider of Virtual Asset Service Provider under number E2023-087.

Automata Pay Europe Limited is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act.