The VC-backed Austrian fintech is out of beta and promises professional-level, state-of-the-art cryptocurrency bot trading for an affordable price.
- Trality allows its users to benefit from the use of professional automated trading tools for a fair price
- Trality is democratizing the industry and leveling the playing field by bringing expensive, effective algorithmic technologies from Wall Street to your street
- This comes just a few weeks after closing a funding round with local and international investors
Vienna, 2nd February 2021 – Trality, an Austrian crypto bot building startup, today announced that it is out of beta and providing a pricing model to suit all sorts of traders.
Why should people be using trading bots?
While over 80% of private cryptocurrency investors lose money on their trades, on the trading floor, big institutions are raking in the profits from the use of highly-advanced, expensive algorithmic trading tools. Manually trading on emotion leads everyday traders to make risky decisions which lead to big losses while these institutions enjoy low-risk, auto trading that trades smarter. Trality levels the playing field and gives everyday investors the same opportunity to profit from this state-of-the-art technology and they do it with a fair pricing model that suits all levels of traders.
How can you get started?
In essence, Trality is democratizing the world of investing through education and access to elaborate, modern technologies.
On trality.com, you will find two distinct products for two distinct user groups. The first one is for coders and those with an in-depth knowledge of quantitative trading. These users will gain access to the world’s-first Python Code Editor. Advanced traders can make good use of an easy-to-use API and several powerful instruments to really customize their bot. There are tonnes of order types including special orders and libraries such as NumPy, pandas, and more to help you get off the ground quickly. This is a major difference from the most solutions already available.
Non-coders can benefit from Trality too thanks to its second product – the handy Rule Builder. This tool is designed with maximum simplicity and usability in mind. It caters to those who want to build an algorithmic trading bot the ‘easy way’ by just dragging and dropping indicators and strategies from an extensive library which Trality curates and expands. With the Rule Builder, any veterans who know their way around a chart can build a bot in minutes.
The pricing model is diverse and competitive. You can see that the Viennese company is casting a wide net in regards to user acquisition. The free plan allows users to run one bot with 5000 EUR of monthly volume which is great for those getting started while the most premium version offers everything that an advanced, professional trader needs such as unlimited volume – for just 50 EUR a month.
Take a look at the full model:
The Vienna-based startup Trality was founded in January 2019 by Moritz Putzhammer and Christopher Helf. Trality’s goal is to close the gap between professional and private trading by educating and making it possible for everyone to understand and benefit from the technology of algorithmic trading – without emotion and fully automatic.
This simple, yet innovative approach Trality has taken to achieve its goals attracts a broad range of users to its growing platform.
Trality Co-Founder & CEO
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