Quadency, a New York-based technology startup, announced the complete overhaul of its cryptocurrency trading and strategy automation platform.
The platform was redesigned from the ground up to enable users to access digital assets across both centralized and decentralized exchanges, all through a single account.
Quadency targets novice users with a revamped platform
As part of the major upgrade, Quadency’s proprietary platform will feature expanded automated strategies and tools, a faster, more simplified user experience, and a significant reduction in trading fees. According to the company’s press release, Quadency’s native token QUAD will be leveraged to provide traders with further discounts on fees
The platform and its integrated exchange will provide users with a single access point to a broad range of assets. The company believes that providing easy access to both centralized and decentralized sources will address the market fragmentation issues that are a major pain point for the crypto industry.
Quadency will also adopt a distinct revenue model leveraging its native QUAD token. The token will be used to reward users who contribute to the crypto ecosystem by staking or sharing a bot strategy. This model will not only provide a new revenue stream for the company but also reduce the cost of using the platform for end-users. Incentives in the form of QUAD tokens will eliminate monthly subscriptions and high costs traders encounter on similar platforms.
“Cryptocurrency is a burgeoning market, expected to grow from $2.5 trillion today, to over $10 trillion in the coming years,” said Rosh Singh, the co-founder and CEO of Quadency. “But for the average trader, many early investment opportunities have been largely out of reach, hindered by unreliable tools, fragmented markets and complex technologies. At Quadency, we aim to simplify this access, opening the door to a new wave of investors.”
As part of its revamp efforts, Quadency has established partnerships with leading exchanges, such as Binance, Kucoin, and Liquid. The partnerships will enable users to access Quadency’s services for free during the revamp process.
Disclaimer: Quadency is an advertising partner of CryptoSlate.
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