Dubai, UAE, Feb 21, 2023, ZEXPRWIRE, Cointrader24, a privately held Dubai-based digital asset management company specializing in managed cryptocurrency trading accounts.
Cointrader24.io has seen solid results in the first 6 weeks of 2023. Since the downturn in the price of BTC in 2022 Cointrader has consistently shown profitability on a monthly basis. January performance was positive across all strategies with 3 algorithms achieving a figure of over 8% for the month.
‘Staking has been a wind in our sail during tougher periods, BTC is now poised to regain its loses so we do not foresee any degradation in returns for 2023‘ said Neal Lee, group CEO.
‘We are now moving towards regulation by a European regulator in addition to our Dubai based license. We see this as key to continue to keep our business evolving and keeping up to date with the latest regulatory requirements.’ he continued.
Cointrader is looking to migrate its server centre to Iceland from Dubai as the running costs are significantly lower and the environmental impact for operating the servers is reduced by 90%. The efficiencies gained means a better performance for account holder and the environment, its a win-win.
This coupled with our intentions to release a coin based around the trading systems we manage means that 2023 is likely to be a busy but profitable year.
CoinTrader 24, is a digital asset management (DAM) company and emerging global leader in digital finance through their innovative PAMM technology which provides everyday retail investors access to the ever growing cryptocurrency markets. Establish in 2020 Cointrader offers its services across the globe and boasts a staff count of 43 people, 24 of those on the trading team.
Cointrader24 are currently running a pre-credited $1000 trial account, giving would-be investor the opportunity to witness first hand the functionality and performance of the algorithms.
If you would like to open a trial account with CoinTrader24 or speak with one of their wealth managers, you can visit the site at www.cointrader24.io or contact the onboarding team at [email protected]
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Bengaluru Bytes journalist was involved in the writing and production of this article.
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