Kevin William David

Mudrex Marketplace - Invest using top strategies made by pro-traders

Mudrex lets anyone invest in cryptocurrencies using the top performing strategies made by pro traders.

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raghav jain
Are you calculating transaction fees on multiple trades while calculating trade profits?
Rohit Goyal
@raghav_jain Thanks for asking. Yes, exchange fees are accounted for all P&L calculations.
Chandan
Well designed and love the simplicity. Which types of users are you targeting here? If there are portfolios that are consistently performing we'll have you though about offering those to the masses roboadvisor style instead of selling the strategies (this is the same pivot Wealthfront made)?
Rohit Goyal
@chanfest22 Thanks for the your support and feedback. Currently we want to attract more advanced traders on the publishing side and semi professional people on the investors' side. We will start simplifying the product for the mass crowd once we have the critical number of performing strategies to make sure stability in performance.
Martin Brumla
I have been trading for three years so far now and I always wanted to automatize my trading strategies. Since I have no coding skill, Mudrex is the ultimate option for me. Thanks guys for the good work :)
Rohit Goyal
@martin_brumla It's been a pleasure having you as one of the early adopter Martin. Your feedback and continuous support on the Discord community has definitely helped us both in product evolution and gaining users' trust.
Rohit Goyal
Thank you for hunting us Kevin. Hello Product Hunt! Mudrex[Y Combinator W’19] is super excited for Strategy Marketplace to get hunted here. :) We have launched Mudrex Marketplace to let people invest in cryptocurrencies using trading algorithms developed by pro traders. The biggest challenges for an investor while investing in cryptocurrencies are not being able to decide when to buy or sell because of high volatility and not being able to decide which currencies to invest in. It is a full time job to overcome both of these challenges which becomes impossible for casual investors. Mudrex Marketplace solves this problem for casual investors with the below process. - Investors get access to strategies developed by top traders to test - After testing they subscribe to the strategy which works for them - Connect their exchange account to automatically follow buy/sell actions on their investment Key Links: How to invest in a strategy: https://support.mudrex.com/hc/en... Chat with top traders: https://discord.gg/qdXmm4N Investors have made upto 50% return in a month on Mudrex Marketplace. If you are into cryptocurrency investing/trading, try it out and share your feedback.
Vipul Hirani
"The idea on paper sounds good but how is this better than investing in funds?"
Rohit Goyal
@vipul_hirani Most of the mutual fund have not performed well compare to market in last 2-3 years. Algorithmic trading has been getting an edge with time relatively. We are bringing top algo traders to build trading strategies on Mudrex. It gives investors more transparency on the performance over time and ultimately traders are rewarded based on their performance.
Nikhil Goyal
Amazing time for product release. many big coins are coming in market. Any plans for more exchange integration
Rohit Goyal
@nikhil_goyal Thanks for your comment. Coinbase Pro is launching in 2 weeks. After that there are couple of more exchanges in the pipeline.
Yuliya Raquel
Great concept! Way to go!
Rohit Goyal
@yuliya_raquel Thanks for your support Yuliya :)
Nikhil Vij
Looks good. Will join the community. Is it active?
Rohit Goyal
@nikhil_vij Yes. It is very much active. You can join it here https://discord.gg/qdXmm4N
Anthony Zhang
Congrats @imrgoyal, Edul, and the rest of the team! I’ve been using the marketplace since Alpha and have been incredibly impressed by how quickly the team has iterated from concept to product. Given that most of the trading volume in the crypto space is algorithmic anyway, this serves as a great on-ramp for retail traders to get on an even playing field with the hedge funds.
Rohit Goyal
@anthonyjz17 Thanks for such a great feedback and trusting us since the very early stage of marketplace. Your feedback has helped us a lot in improving the product. :)
Alex Bouaziz
Great team and amazing product - I have been using trading strategies on Mudrex for a while, love it!
Rohit Goyal
@bouazizalex Thanks for your support Alex. Your feedback has helped all along the way. :)