While the crypto space is filled with opportunities, it can be difficult for first-time investors to navigate through the space. Automated trading, although useful for novice investors, is still difficult to understand.
Mudrex was launched in 2018 with the vision of creating an investor-friendly and trustworthy platform that would help users make better and more qualified investment decisions. The Mudrex team built the platform to help generate long-term wealth through crypto investments.
What is Mudrex?
Mudrex is a US-based crypto investment platform that is backed by Y-Combinator and Nexus Venture Partners. It is currently operational in 90+ countries and aims to become of the largest asset management platforms for crypto investments.
Mudrex has features and services that cater to both beginner-level and professional investors. Users can trade using the Mudrex wallet or through the crypto exchange of their choice. This is done by connecting the exchange to Mudrex through API keys and verifying them. The orders are placed and completed in an automated way through the exchange account. Currently, Mudrex supports Binance, OkEx, Binance US, and Coinbase Pro for spot trading and Bitmex, Bybit, Deribit, Binance futures, and OkEx Futures and FTX for perpetual futures.
Mudrex’s coin sets
Investing in cryptocurrencies can be complex. With more than 16,000 cryptos as of January 2022, and new cryptos being launched every single day, investors often find themselves lost. Mudrex strives to solve this process for retail investors.
Mudrex Coin Sets are thematic crypto baskets built around a theme. With Coin Sets, you have the flexibility to pick themes that you believe would do well. For example, if you believe NFTs are the future, there is a Coin Set that is built containing the top NFT cryptocurrencies. Mudrex has brought such thematic crypto baskets for the retail investor, with a min. investment amount of just $10. Such thematic baskets were earlier accessible to only HNIs and institutional investors. No wonder this product by Mudrex has seen an overwhelming response and is their flagship product.
Coin sets are designed to expand retail participation in the crypto investment and curated for those users who want to invest in crypto for long-term wealth creation.
Algos and Performance Score
Algos are bots built by expert traders to automatically trade in crypto markets 24X7. They are passive investment assets that help users grow their crypto through controlled market exposure. Algos are formed by using a bundle of trading strategies, every strategy has logic blocks that decide when to buy or sell in a particular market with the help of technical indicators.
Users can invest in coins like BTC, ETH, and BNB and also stablecoins such as USDT, USDC and much more. Stablecoins give users a chance to grow their investments while also holding them in USD.
The Performance Score is a proprietary metric that measures the risk vs. reward of a strategy on a scale of 0 to 10. The higher the number, the better the risk vs. reward for a strategy. While two strategies may have the same performance score, they can have different returns. The performance score takes into consideration metrics like share ratio, win%, max drawdown, and profit factor.
Conclusion
Mudrex has more than 100,000 users from around 100+ countries with a total trading volume of $3 billion and AUM (Assets Under Management) of $20 million. Coin sets on the platform provide an innovative way for users to earn profits and the sets themselves are chosen after community discussions on Discord and other channels. The platform uses AES-256 encryption on their servers to store user information and all API traffic goes through SSL and TLS 1.2 in order to prevent third-party eavesdropping.
Mudrex gives investors a chance to build strategies and trade with their unique set of products and make profits.
For more information on Mudrex, please check out their official website.
Disclaimer: This is a paid post and should not be treated as news/advice.
Ecosystem
Research
News Network
About