Dubai, UAE, 19th January 2023, ZEXPRWIRE, Cointrader24, a privately held Dubai-based digital asset management company specializing in managed cryptocurrency trading accounts.
CoinTrader24 celebrates 2022 as its best year of operations by announcing $18 million in total transaction volume, an $11 million increase from $5 million recorded after its first year.
With users from more than 100 nations, CoinTrader24’s Asset Under Management (AUM) increased by 260%, and separate earnings paid out during that time also increased significantly (from $100,000 to $750,000).
CoinTrader24’s consistent performance throughout the volatile 2022 cryptocurrency market has been the critical driver of growth. The team at CoinTrader24 has consistently provided highly competitive returns, with its top-performing algorithm (Zeus) returning 145.99% in 2022.
2022 Account/Algorithm EOY Performance.
- Apollo: 73.05%
- Thor: 96.98%
- Odin: 108.99%
- Zeus: 145.99%
- Staking: 49.20%
Despite having algorithms that permit flexible withdrawals, over 95% of CoinTrader24 clients have chosen to keep their cryptocurrency assets on the platform to benefit from the high percentage returns.
To consistently provide high percentage returns for its users, Cointrader24 utilizes advanced strategies through algorithmic trading developed by its internal trading team. Some strategies include arbitrage trading, market-neutral strategy, and spread trading.
After experiencing tremendous growth over the past 12 months, CoinTrader24 is looking to expand its current cryptocurrency deposit and management platform to offer more services to its current and prospective investors.
One addition expected in 2023 is CoinTrader24 Token, a unique cryptocurrency token whereby users will receive a percentage of all the platform transaction fees.
“The growth we have seen over the past 12 months is astounding, and for us, this is just the beginning. We are working to give our investors financial freedom through our vision of establishing a new Zero Knowledge cryptocurrency trading paradigm via our bespoke trading algorithms. We will keep delivering our customers the best crypto experience while navigating the choppy waters of this cryptocurrency market, even as new services are predicted to arrive,”
Neal Jameson Lee, CEO of CoinTrader24.io
Cointrader24 are currently running a pre-credited $1000 trial account, giving would-be investor the opportunity to witness firsthand 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 their 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 Exact Observer journalist was involved in the writing and production of this article.