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Author Topic: [ANN] Coinado.com : algorithmic arbitrage and management for bitcoin exchanges  (Read 590 times)
Coinado.com (OP)
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July 02, 2015, 08:58:21 PM
Last edit: July 02, 2015, 09:29:46 PM by Coinado.com
 #1

Mercury Digital Partners announces algorithmic trading services through Coinado.com

By Aaron Zirker
Thursday July 02, 2015

New York, NY – Mercury Digital Partners Inc, a leading automated trading solution provider in digital currency, is proud to announce its first live trading and management service at Coinado.com. Coinado now provides algorithmic trade services on Bitfinex, Kraken, Bitstamp, and Btc-e. More exchanges are planned to be supported in the future.

Coinado.com will provide first class managed accounts at the top bitcoin exchanges in the world through its proprietary trading strategies. Accounts at bitcoin exchanges are owned entirely by the client, and permission to trade inside these accounts is granted to Coinado.com via API keys that allow for trade but not withdrawal or deposit. Coinado provides a full user interface to securely track returns, see daily balances, manage fund allocations, and pay fees associated with the service.

Coinado.com’s management strategy is algorithmic statistical arbitrage. An elaboration on its strategy can be found on Coinado.com /FAQ. In short Coinado requires two or more digital currency exchange accounts connected to its central server, and will book market neutral trades on behalf of the client in order to profit off of market volatility. Coinado operates as software as a service, and requires its clients to pay monthly invoices resulting from fees due to trades booked and only takes a percentage when a client's monthly performance is profitable. Coindado does not take bitcoin’s change in value as its own performance.All of these services are provided while our system provides highest in class latency to the major exchanges due to proprietary hardware and colocation with Level 3 internet (5-8ms on average).

About Mercury Digital Partners-   

Mercury Digital Partners is a leading group of traders and programmers dedicated to providing algorithmic trading solutions as software to any size digital currency investor who wishes to maintain 100% custody of their digital currency.

Mercury Digital Partners is run by CEO Aaron Zirker, a digital currency trader since 2011 who has profitably arbitraged multiple millions of BTC/USD through automated systems. The Mercury team is filled with industry professionals from leaders in traditional banking and foreign currency trading as well as experienced programmers from the digital trading world. For bios and more information please visit Mercurydigitalpartners.com. News and upcoming events such as Aaron's speaking role at Inside Bitcoin Chicago 2015 can be found on the home page of https://coinado.com.

Contact-
Aaron Zirker, CEO
40 Wall Street, 28th floor
New York, NY, 10005
Office: 347-994-0329
aaron@mercurydigitalpartners.com
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July 03, 2015, 03:17:32 AM
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Are the referral codes an affiliate program?

https://bitfinex.com/?refcode=UInJLQ5KpA <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with the refcode
My feedback thread: Forum thread
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July 03, 2015, 07:49:50 AM
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Yes, our affiliate program is being finalized this month and will have details posted on our wiki.

For now the referral codes identify a user without their user name, so that if you refer someone to us they can share that code, and it will be counted in our final affiliate program.

Our current version of the affiliate program is case by case so you would have to contact us directly and we can offer a small discount code that you can give out to link back to you as the affiliate.
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July 03, 2015, 09:02:36 AM
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We also have a fairly active discussion going on over at https://www.reddit.com/r/BitcoinMarkets/comments/3bx16q/coinadocom_announces_algorithmic_arbitrage_and/ but I am happy to discuss topics on here as well.
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August 04, 2015, 05:53:01 PM
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I think the whole idea is great. I just don't like the 50% fee you apply... that's simply too high!
My advice is to lower at least to 15%. This way you will surely attract more users.
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