Mobile Crypto Trading Terminal Says It Has 103,000 Daily Active Users
Crypto trading has often been regarded as something that has to be done on a computer, but one company is managing to reach traders on the devices we all use the most: our smartphones.
TabTrader says it is the world’s leading mobile crypto trading terminal, enabling anyone to access the latest data and market intelligence for free. Instead of being tethered to a laptop or an expensive piece of equipment, the company says its users have the freedom to trade at a time and place that suits them.
Based in Amsterdam, TabTrader has gained a loyal following since launching on Android and iOS, with a rating of 4.7 stars across both app stores thanks to a “flawless” design.
The company claims that its app has been downloaded 1 million times, amassing 103,000 daily active users. As a result, TabTrader says it stands head and shoulders above rival platforms, with five times as many users as its closest competitor.
According to the mobile-focused platform, there are about 20,000 users online at any given moment making full use of the features that TabTrader has to offer.
By TabTrader’s calculations, it is the largest third-party trading terminal in the world, offering connections with 40 major crypto exchanges. Support for Bybit, Phemex, CoinDCX and Binance Futures is also going to be unveiled in the app’s next release.
A unified trading application programming interface, or API, means users no longer need to be distracted by connectivity issues, allowing them to focus on what really matters: developing, testing and executing trading strategies on the exchange of their choice.
In an acknowledgment that some traders do prefer to trade on their laptops, a web-based version of the TabTrader platform is coming out of beta this month. The team believes this has the potential to be one of the most user-friendly in the world.
Although the likes of Bitcoin (BTC) and Ether (ETH) are great investment assets that should be accessible to everyone, TabTrader says the crypto ecosystem is far too complex at present. There are dozens, if not hundreds, of exchanges worldwide — and very few of them have websites that are optimized for use on mobile devices. Worse still, there’s a real and present risk that some of these platforms will go bust.
“Proper research is necessary when choosing an exchange,” a promotional video for TabTrader argues. “The paperwork and the hassle associated with opening a new account preclude people from diversifying away that exchange risk.”
The company says its mobile trading terminal eliminates the need to remember countless logins, as a trader can unite all of their exchange accounts in one place. Just a few of the big names supported by TabTraders include BitMEX, Binance, Huobi, Bitfinex, Kraken, CoinDCX, Poloniex and Coinbase. Moreover, the team notes that it recently added HitBTC to its interface, enabling users to utilize all the exchange’s advantages: 800-plus trading pairs, security, the highest liquidity and various APIs.
TabTrader’s stated goal is ensuring that traders can buy and sell a diverse range of digital assets at the best prices through an on-the-go platform, which means trading opportunities never need to be missed.
Before now, flicking through multiple apps and accounts to find the best market rates was an arduous, time-consuming process. Now, TabTrader offers exchange rates on a single screen — with top-of-the-line technical analysis tools just a tap away. Traders can make charts and add trend lines directly from their iPhone or Android device.
But perhaps the simplest and most compelling feature is the advent of push notifications. TabTrader allows users to establish their desired price brackets so that they receive instant alerts without gobbling up their mobile data. Constantly agonizing over charts can now become a thing of the past.
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