TraDEXsocial combines a cryptocurrency mining client with a decentralized social trading exchange, allowing users to mine cryptocurrency on any smart device while copying the trades of top-performing traders through a sophisticated ranking algorithm. This platform addresses the lack of accessible entry points for newcomers to the crypto market and provides experienced traders with tools to enhance their earnings without requiring extensive prior knowledge.
Funding
$100K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Newcomers to the cryptocurrency market often lack the knowledge and tools necessary to navigate the complexities of trading and mining. Experienced traders may also seek ways to optimize their earnings without requiring constant monitoring and manual intervention.
Solution
TraDEXsocial offers a platform that combines a cryptocurrency mining client with a decentralized social trading exchange, designed to guide users through the crypto experience. The platform allows users to mine cryptocurrency on various smart devices and copy the trades of top-performing traders. A sophisticated ranking algorithm identifies profitable traders, enabling users to replicate their strategies and potentially multiply their earnings. The platform uses the Aeternity (AE) token for operations, providing discounts on exchange fees and incentivizing users to hold AE tokens.
Target Audience
The primary target audience includes both individuals new to cryptocurrency trading and experienced traders seeking to enhance their earnings through social trading and automated mining.
Features
- Integrated cryptocurrency mining client compatible with various smart devices
- Decentralized social trading exchange with copy-trading functionality
- Ranking algorithm that combines return on investment, trader volume, user voting, and risk diversification to identify top traders
- Support for the Aeternity (AE) token for discounts on exchange fees and copy trading payments
- Non-custodial exchange, where users retain control of their funds
- Prototype built on ASP.NET Core and Javascript technologies, with Solidity and Sophia smart contracts
- Integration with the WeiDex decentralized exchange via secured HTTP services with API calls