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New App Tab Trader Garners $5.8M in Private Funding -Breaking

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A new app tab trader secures $5.8M private funding

According to the news source, TabTrader, a cryptocurrency exchange platform based in Amsterdam, has received $5.8 Million from BitMEX Ventures as Series A financing.

Artesian Venture Partners is one of several investment firms that are involved. Spartan Capital and Spartan Capital were also included. To date, the startup has received $7.4 Million in venture capital. This allows it to focus on global expansion. Wiliam Bean from Artesian Venture Partners commented on the financing round, saying that:

Cryptocurrencies are the quintessential cross-border financial instruments, and TabTrader’s approach to exchange aggregation on mobile took accessibility to the next level. TabTrader is a proud company that we have supported since the beginning.

This new capital will be used to expand the company’s global presence and hire staff. TabTrader is an application targeted at cryptocurrencies traders, allowing them to connect their exchange accounts into TabTrader’s apps, which then gives the user access to buy and sell orders. This app lets users keep track of the market prices for over 35 cryptocurrency exchanges.

Many cryptocurrency traders have experience with managing multiple accounts at different exchanges. Trader’s concerns about price volatility and security can make it stressful. They must also keep track of prices across multiple exchanges, as well as maintain separate login credentials. That’s where TabTrader comes in.

This app is available in the Apple (NASDAQ:) App Store or Google (NASDAQ:) Play store and provides each user with real time data from the API’s of the supported exchanges. TabTrader is compatible with most cryptocurrency exchanges, including BitFinex (NASDAQ:), Binance, Bitstamp and Bittrex. You can also buy or sell cryptocurrencies through TabTrader Pro / GDAX/ Coinbase. Amsterdam-based TabTrader has more than 400k active users in its IoS app and Android app. It also offers desktop and Internet versions.

TabTrader will launch TTT token December

TabTrader’s own cryptocurrency TTT will be launched on December 1, 2017 by the Solanium, AcceleRaytor and AcceleRaytor markets. According to the company, the coins can be used on the platform at some point in the future. The token holders could use the coins to buy apps and pay governance fees.

Users who take part in the project’s start-up phase by signing up for the first DEX offering (IDO) are actively participating in its development and may profit from a limited-time offer and an intriguing investment opportunity owing to the company’s future expansion.

TabTrader developed the mobile platform to revolutionize how people interact with crypto markets. With over 6 billion smartphone users across the world today, TabTrader is looking to tap into the market by creating a cross-exchange app that will allow users to get information from TabTrader’s growing list of supported exchanges.

With TabTrader’s help, cryptocurrency traders will be able to buy and sell coins from different sources in one simple platform instead of having to log into individual accounts on numerous platforms. TabTrader’s main feature is that it aggregates all available exchanges into one easy-to-use tool.

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