HedgeTrade, a social cryptocurrency trading platform, today was 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 and earn HedgeTrade (HEDG) tokens.
The platform is designed to be a simple and 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 trading predictions with specific entry and exit points called “Blueprints” while building a reputation based on a unique ranking system that measures the quality of their predictions.
Novice users benefit from purchasing or unlocking the Blueprints that can be used to execute 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.
“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. 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.”
– David Waslen, CEO & Founder of HedgeTrade
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 are earned by posting accurate trading predictions and also through the platform’s affiliate program.
At last, 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 a direct message requesting an invite code.