SINGAPORE, Dec. 5, 2019 /PRNewswire/ - HedgeTrade, the world leader in crypto social trading, is happy to announce the launch of the HedgeTrade Invitation-Only Beta. The Beta gives the HedgeTrade community the chance to register on the functioning platform, begin sharing and buying cryptocurrency trading predictions (Blueprints) and earn HedgeTrade (HEDG) tokens.
HedgeTrade is a simple, engaging open market for trading insights that aligns the goals of expert and amateur users. It allows experienced traders to earn HEDG tokens from their Blueprints and build a reputation based on a unique ranking system that measures the quality of their predictions. Novice users benefit by purchasing or unlocking the Blueprints -- which are trading predictions with specific entry and exit points -- that can be used to make their own cryptocurrency trades. If the prediction proves correct, the trader will earn the proceeds from the purchasers, otherwise the Blueprint buyers will be refunded their tokens, and then some.
"Information is everywhere, but reliable market insights and trading predictions are harder than ever to find. We often hear from people new to crypto who choose to stay out of the trading aspects completely, thinking it's too complicated or you must be a savvy trader to figure it out," David Waslen, CEO & Founder of HedgeTrade said. "HedgeTrade is ready to connect you with that sophisticated trader who can help guide you through crypto trading. Whether you are an expert or a newcomer, we help everyone monetize ideas and share trading information to the benefit of the entire community."
HedgeTrade uses the transparency of blockchain to track the strength of traders' Blueprint predictions and uses smart-contract functionality to disperse payments to users based on the Blueprint outcome.
The HedgeTrade ecosystem is fueled by HEDG, an ERC-20 token built on the Ethereum Blockchain. HEDG tokens (#34 on CoinMarketCap) are earned by posting accurate trading predictions and also through the platform's Affiliate Program. Additionally, users may withdraw their HEDG tokens at any time and send them to a supported exchange to sell or trade into another digital currency.
The invitation-only Beta will bring the HedgeTrade platform to life, creating a chance to receive feedback from the community and further enhance the system. To join the HedgeTrade Beta, follow @HedgeTradeHQ on Twitter and send them a direct message requesting an Invite Code, then go to app.hedgetrade.com/signup and complete the short set up process.
About HedgeTrade Pte. Ltd. HedgeTrade is a social trading platform that rewards those who post accurate predictions. The model creates a win-win scenario for both the amateur and expert by rewarding traders who submit accurate predictions and users who utilize the information to execute their own successful trades.
HedgeTrade is brought to you by Rublix Development, a software development company that is building blockchain-powered tools to fuel the next generation of fintech projects.
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Source: Company press release.