Alpha5 Out of Stealth, Ready to Revolutionize Crypto Derivatives Trading
Alpha5 has just announced its platform is due to be live - the first with implied orderbooks and futures swaps - later this quarter.
Low fees, 24/7 multilingual customer support, strong trading uptime and off-site distributed system backups are indeed very important aspects of a crypto exchange, yet somewhat expected of a newcomer entering a highly competitive landscape. ALPHA5 was created with the vision to fill a gap in the crypto ecosystem - the need for an advanced, more streamlined platform offering a new paradigm of bitcoin products that will appeal to both, professional traders and newcomers.
It is now coming out of stealth to engage with select counterparties on how it will be changing the landscape of the cryptocurrency derivatives trading world. Founded by Vishal Shah, previously of Elwood Asset Management, the team features talent and experience hailing from renowned institutions like the CME Group, RBS, and the Indian Institute of Technology. Alpha5 bundles a measured study of various market conditions, and extends new functionality that goes beyond existing crypto platforms.
"I have been working in this industry for a while, and I have seen a lot of opportunity being squandered," says Shah. "We have entered into a world where there is an unprecedented amount of data at our fingertips, but the tools we have to harness and implement that data, for capitalist pursuits, are far too rudimentary. That's what Alpha5 is ultimately trying to tackle."
Shah and his team recognize that the cryptocurrency derivatives market is still not as sophisticated as the global derivatives market despite the effort and products produced by existing players. With a technology offering that will ring familiar to that provided by onshore exchanges, Alpha5 is building an entirely new risk system with a vision to enhance and build new, multi-dimensional derivative products by way of:
- Becoming the first crypto-exchange to bring basis trades in to fashion with implied orderbook technology
- Digital and other exotic options for set-and-forget trades with pre-determined risk and rewards
- Offering responsible leverage and utilizing benign liquidation methods that benefit traders and limit market impact
- A super-fast and agile infrastructure, that is intuitive to use, and allows for tailored sophistication
ALPHA5 will boast an industry-leading affiliate program where participants will be able to earn lifelong income streams. The fully transparent program will be multi-tiered and include personal account management, marketing materials, and comprehensive data reports for all affiliates - an attractive opportunity ideal for traders and crypto influencers.
The A5T token
Alpha5 will also be introducing A5T, the world’s first token to be redeemable against the value of the exchange’s insurance fund, which will enable token holders to benefit from the expansion of the ecosystem. A5T's utility is anticipated to be used as collateral, staked to reduce fees, and provide a transparent net asset value at all times. A deflationary design and incentive-based distribution model is expected to help propagate the network.
Alpha5's roadmap includes a private beta launch in May 2020, and the platform will be fully live in Summer 2020.