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Tradingene hails signing with BCT, ‘The Bloomberg for Crypto’

15 May 2018

Tradingene, the first marketplace providing tested algorithms with investors on a blockchain-based auction platform, has established a strategic collaboration with BCT Inc., developer of the Blockchain Terminal, a groundbreaking platform for trading cryptocurrencies.

The Blockchain Terminal is being developed to provide hedge funds and other institutional investors with a one-stop shop for third party crypto-trading tools, information, data, and content, offering a consolidated view of the crypto market that promises to bridge the gap between traditional investment and the emerging crypto space. Tradingene is an ideal addition to this system designed for speed, efficiency and for maximizing trading power - by incorporating Tradingene into the Blockchain Terminal, traders will have access to a broad range of third-party algorithms on a success fee basis.

“Tradingene is delighted to have signed with BCT,” enthused Daniel Wolfe, CEO of Tradingene. “The Blockchain Terminal is a new and exciting platform that we see as the ‘Bloomberg for Crypto.’”

Tradingene was built to enable the creation and use of algorithms to trade in cryptocurrencies and other popular financial instruments, making algorithmic trading accessible, transparent and equitable.

“We are excited about the partnership with Tradingene, as it opens the opportunity for Blockchain Terminal customers to begin accessing a wider range of third-party algorithms and trading tools,” said Jeremy Weiss, BCT Inc. Asia Pacific CEO. “We look forward to users and traders being able to leverage Tradingene as a new standard for taking advantage of the profits available from trading algorithms in the crypto space.”

The blockchain protects creators’ intellectual property, ensures a transparent bidding process and allows Tradingene to fix the profit from each algorithm. It also enables users to buy trading ‘robots’ with one click. In addition, Tradingene’s intuitive portfolio management tools help investors create a portfolio that fits their risk-return preferences.

“Signing with BCT brings a host of benefits to us, not least their access to hedge funds who are natural buyers of our algorithms. The Blockchain Terminal technology is already being tested, and it is a transparent and robust platform that meets the high demands of the industry. It’s a fantastic development for us,” added Wolfe.

BCT Inc.’s public token sale began on 1 April and concluded 30 April. Tradingene launches its ICO on 16 May 2018.

Ends

For Press enquiries regarding Tradingene: Anthony Burr anthony@burrmedia.co.uk +44 7766 459469

For Press enquiries regarding the Blockchain Terminal: Powell Communications, James Chase +1+ 212 475 6301

Notes to editors:

About BCT Inc: BCT, Inc is developing the Blockchain Terminal, an industry-standard trading platform for cryptocurrency. The Blockchain Terminal is an institutional-quality wealth management tool with an open ecosystem that will enable third-party blockchain developers to distribute crypto-trading tools, information, and content to the traditional finance industry. It bridges the gap between traditional investment and the emerging crypto space. The platform includes a robust order routing system to enable trading across multiple exchanges through third-party applications to ensure best execution. Users will need the ERC-20-compliant BCT Token to operate the Terminal, including accessing registering, transacting, and utilizing applications. BCT Inc’s public token sale began on April 1 and concluded April 30. BCT Inc is a growth-stage company based in the Cayman Islands.
www.bct.io

About Tradingene: Tradingene is the first marketplace that connects vetted algorithms with investors. The company provides a blockchain-based auction platform for the creation and use of algorithms to trade in cryptocurrency and the most popular financial instruments, making algorithmic trading accessible, transparent and equitable.

Algorithm creators can create algorithms on Tradingene’s robust platform and attract capital to their algorithms on a fair, success-fee basis. The blockchain protects creators’ intellectual property, ensures a transparent bidding process and allows Tradingene to fix the profit from each algorithm.

Tradingene is offering high-quality trading algorithms as a new global investment product. The blockchain allows users to buy trading ‘robots’ with one click. And Tradingene’s robust AI allows both creators and the platform to back test each algorithm.

Added to this, the intuitive portfolio management tools help investors create a portfolio that fits their risk-return preferences.

A summary of How-It-Works:

1. A creator develops and backtests their trading algorithm on the Tradingene platform.
2. Tradingene checks the algorithm and puts it up for auction, providing information about risks, expected returns, and other relevant factors to investors.
3. During the algorithm auction, investors indicate how much money they are willing to connect and the success fee they are willing to pay. The auction provides a transparent mechanism for creators and investors to agree the success fee for an algorithm.
4. Upon completion of each auction, a smart contract is concluded between the platform and winning investors. Investors make a small deposit into the smart contract.
5. Trading takes place on each investor’s exchange or brokerage account. Tradingene does not have access to the funds or even to information about the investor’s balances and positions.
6. The platform and developer earn money only if the investor earns money.

www.tradingene.io

Contact: Anthony Burr anthony@burrmedia.co.uk Tel: +44 7766 459469

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