The virtual currency is becoming more and more popular today. Thanks to modern marketers, there is a growing demand for startups that segment cryptocurrency in the market. One of such blockchains is HedgeTrade. This is a new project, which is in the first fifty TOP-200 promising crypts.

About the HedgeTrade project

This system is a project that aims to create a dedicated digital community. On its basis, global traders have the opportunity to exchange forecasts for changes in asset prices. The authors of the platform reported that they have created a model that works on the principle of "traders for traders". Here you can not only get information about the market, but also get acquainted with the experience of colleagues to create your own trading strategy. The monetization model allows traders to publish forecasts in the Blueprint smart contract. This information can be accessed through a special registration.

All transactions with settlements are carried out using the internal currency built on the Ethereum platform. What is the essence of the implementation of this project? The developers decided to create a decentralized virtual machine that will manage the platforms using the Smart Contract option. In this case, new blocks appear on the network with an interval of 12 seconds.

In other words, the user is ready to trade when a profitable offer appears on the market. The trader must give him a special sign, which is paid for with a certain amount of money. The merchant receives tokens only after checking the accuracy of the information. Thus, the creators made a unique system. It allows one user to manage the transactions of other bidders. This increases the level of privacy and performance of the system as a whole.

HedgeTrade features

The trading system was created specifically for sellers. They are advised and trained by professional traders. Both parties are interested in the effective operation of this platform, since they receive significant profits from accurate forecasts. The authors of the project are trying to develop an algorithm that is based on transparency and trust. Moreover, a trader does not have the ability to change his forecast. Its information is automatically recorded in the blockchain.

The HedgeTrade cryptocurrency is completely focused on making profit and hedging risks. Just dont confuse this system with brokerage companies. It does not give access to financial transactions that involve the sale and purchase of valuable assets.

You can get into the system using an ordinary personal computer or mobile device. The developers, in turn, guarantee complete protection against unauthorized entry. Blockchains are also responsible for maintaining the ownership of the forecasts provided. At this time, a smart contract with automatic compliance with all trading rules is the guarantor of a fair deal.

The project team, in turn, has combined a number of functions that make it convenient and comfortable to work with the platform:

versatility in the interaction of specialists and beginners;
access from any device;
providing data in real time;
all commands are quickly executed.
Also, the creators are trying to improve the quality of forecasts by attracting new professional traders. The authors want the "trick" of the project to be reliable information. It is not easy to find it in todays cryptocurrency market.

The user does not need to receive special education to work with this platform. Here, the principle of operation is built so that the buyer can conduct HedgeTrade transactions with traders using simple operations. The diagram of the relationship of these subjects looks like this:

A user and a trader purchase tokens on the platform for Bitcoins. It is also possible to exchange them on exchanges of other cryptocurrencies.
The Blueprint program helps traders to compose documentation that will contain complete information about the forecast for an individual asset.
The user, in turn, has the opportunity to unfreeze or buy this document for HEDG tokens.
The result of the forecast will be available only after the expiration of its validity period. This period is set by the program itself.
The platform connects to market data from exchanges, performing special analysis. As a result, she makes her decision about the veracity of the forecast.
The trader receives his tokens if the information is confirmed. Otherwise, the coins are returned to the user.
Thus, there is a simple procedure for the exchange of information between the two subjects of a financial transaction. Both get quite high profits from cooperation.

How HedgeTrade is created

The system started operating in 2017, when the ICO project was launched. The first sale successfully lasted several months, resulting in approximately $ 15 million for 30 million HEDG tokens. Consequently, this amount was only 60% of the total issue. The rest of the funds were distributed among the participants. The creator of the HedgeTrade cryptocurrency Savo Lovsin and his team received 20%, advisors - 7%, promising investors - 5% each, and the rest of the partners got 3% of tokens.

Although this virtual currency appeared at the official auction only 2 years later. Its starting price was only $ 0.144, which was 6 times lower than the first sale.

Is HedgeTrade endless?

The authors of the project continue to improve the concept of social trading. Here it will be possible not only to earn intellectually, but also to use knowledge to train trade pioneers. Today, the HedgeTrade cryptocurrency rate is about $ 0.6, which does not mean the popularity of the system. Although experts are confident that the future of the site is quite promising. But one should not expect rapid distribution from tokens, due to the limited capabilities of the platform in the cryptocurrency market.

If the project team eliminates the visible shortcomings, we can expect HedgeTrade to appear in the TOP-20 popular cryptocurrencies in the world. A new round in the development of the system can be its advertising through accounts in social networks.

HEDG tokens are used in two ways. They act as an economic intermediary or a reward tool for the cooperation of a trading specialist with a client. Coins are also used as a practical way to generate income. The lack of a stable exchange rate makes it possible to do this on trading floors.

Cryptocurrency can be implemented directly on the platform itself. But this is done under the following conditions:

You need to use Bitcoin to purchase Hedgetrade.
When purchasing a Blueprint you receive documentation.
At the time of paying the correct forecast.
Promising steps will help attract large investors. To this end, the developers created 600 hedge funds last year, which serve as an important element in the investment infrastructure. They will be exclusively engaged in providing services to the largest companies willing to invest in virtual currency.

In the future, the project needs to be added to the listing of well-known trading exchanges, start issuing a roadmap, and resume uninterrupted registration on its website. It would not hurt to decide on a marketing strategy for promoting the platform. This will significantly expand the coverage of the target audience. Separately, the authors need to activate the news feed.

Also, further development, of course, depends on the regulation of the Hedgetrade turnover at the legislative level. Unfortunately, today tokens do not have the official status of a payment system. Therefore, investors do not actively conduct transactions with such a currency.

Strengths of HedgeTrade

Users of this currency have about 288 million HEDGs in their hands. It is planned to increase the number of coins to 1 billion using popular cryptocurrency exchanges. Now the platform has all the conditions for further expansion of the list of sites.

Lets consider the advantages and disadvantages of this cryptocurrency. Experts say that the young altcoin has the following advantages:

A very promising niche for beginners who want to make good money on virtual currency. Traders can easily generate substantial income from the sale of their experience and knowledge.
The constantly growing capitalization allowed the cryptocurrency to overtake the eminent altcoins. They continue to actively invest in it.
Strange as it may seem, but this is still all the advantages of this system. Experts attribute this situation to the youth of the project.

As it turned out, there are a little more cons. Leading experts in the field of cryptocurrency will highlight 5 main disadvantages of the platform:

The crypto community knows little about the project team. Today, the developers havent even submitted a roadmap, news and software updates to the Github repository.
The closed nature of the project alienates the potential audience. For example, the registration system did not function a few months ago. New users had to send their email and wait for feedback.
Some traders and buyers are intimidated by the high commission fees. The system takes about half of the funds. At the same time, the platform charges 5% of the stated price from the correct forecast, which no one bought. This policy does not generate significant interest in the platform.
HedgeTrade cryptocurrency exhibits unusual and suspicious price dynamics. The token lost almost 80% of its value, and after a few months it began to grow again. Although there was no reason for such a jump. Some experts believe that developers are simply artificially manipulating their course.
Fairly weak trading on the exchange. Well-known crypto exchanges do not want to add HEDG to the listing. The daily trading turnover does not exceed 680 thousand dollars. Although, for some TOP-50 cryptocurrencies, the account is already in the millions.
Consequently, the system has its flaws that the developers must fix. It is better for them to do it faster, since every year the competition in the virtual market only increases.

HedgeTrade in the TOP of cryptocurrencies

Today, cryptocurrency confidently occupies an honorable place in the first fifty best blockchains in the world in terms of capitalization. Its amount is now approximately $ 380 million. At the same time, the daily turnover is gradually approaching 2 million.

Today, the cryptocurrency is included in the TOP-50 rating list and is in 27th place. But it is still not so easy to buy it on trading floors. Only a few exchanges trade in real time:

CoinTiger is one of the most trusted platforms where HEDG remains the main selling point. This system is notable for its low commission, frequent financial transactions, universal functionality and a daily turnover of 900 thousand dollars.
STEX is an interesting exchange that does not offer a long registration. Here trading operations are carried out in a pair of HEDG and BTC.
OEX is a platform for buying tokens with a minimum commission. Also, there is no commission for withdrawing funds, a unique security system and a high speed of any team decisions.
Coin Exchange features virtual currency conversion using smart contracts. Here liquidity and speed of transactions are guaranteed. But the platform has a daily turnover of only $ 1,700.
In the future, the developers want to increase the list of trading exchanges. Negotiations are underway with potential partners. Maybe soon the tokens will appear on other sites. The coin storage situation is better. They are kept on Trezor, KeepKey, MyEtherWallet, Ledger Nano S and other online wallets.