The development of Punk Trader proprietary algorithms during 2021, took the company from early development to commercially finalised stages. The company has a robust and resilient system, with tested strategies on live accounts on crypto exchanges during most of 2021.
For January, the strategies averaged about 25% in profit, not considering appreciation nor depreciation of the underlying asset, in this case, Bitcoin. The company use a hedging approach utilising bort long and short opportunities in the market, The overall objective is to accumulate Bitcoin or other traded cryptocurrencies. In March, Punk Trader will deploy its algorithms onto USDT (USD Tether) pairs, thereby increasing the number of instruments traded.
Punk Trader develops an electronic trading platform intended to be commercialized with fully automated profitable strategies. The company’s main focus is on assisting retail traders that are tired of defeat, and beginners to crypto that simply need a team of professionals to run their trading securely.