BTX Trader, which was recently acquired by WPCS, is the first trading platform to enable Bitcoin traders and industry researchers to access market data and execute orders on the five most popular Bitcoin exchanges in a single application. The public release of the beta version of the BTX Trader platform will give the market a preliminary glimpse of some of the features and capabilities that will ultimately help define our unique and proprietary technology.
Obviously, we are still in development mode, but we're on schedule to release both web and mobile versions of our platform by early ," continued BTX Trader Chief Operating Officer, Ilya Subkhankulov. Divya Thakur, BTX Trader Chief Technology Officer, added that, "A key differentiating aspect of our professional grade user interface is that it utilizes a proprietary BTX logic that we believe will help traders better manage risk.
Current beta features include:. Giordano concluded that, "In addition to continuing the aggressive steps initiated in August to improve WPCS' balance sheet and performance through, amongst other things, cost reductions, debt restructuring, cessation and sale of negative cash flow businesses, and focusing on our remaining profitable engineering subsidiaries, we fully expect that BTX Trader will begin generating revenue by mid-year of calendar This public beta release is merely the first step towards establishing and then growing the Bitcoin segment of our business.
WPCS operates in two business segments including: providing engineering capabilities such as wireless communication, specialty construction and electrical power to the public services, healthcare, energy and corporate enterprise markets worldwide, and developing a Bitcoin trading platform. For more information, please visit www. Statements about the company's future expectations, including future revenue and earnings and all other statements in this press release, other than historical facts, are "forward looking" statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of Such forward-looking statements involve risks and uncertainties and are subject to change at any time.
The company's actual results could differ materially from expected results. In reflecting subsequent events or circumstances, the company undertakes no obligation to update forward-looking statements. No matching results for ''. Tip: Try a valid symbol or a specific company name for relevant results. Finance Home. Markets open in 4 hrs 49 mins.
Marketwired December 26, Recently Viewed Your list is empty. What to Read Next. Yahoo Finance. Insider Monkey. Yahoo Finance Video. Yahoo Finance UK. FX Empire.
Search the Blog
According to Interim CEO Sebastian Giordano, "Though the acquisition was only recently completed on December 17,we are formalizing our plans and undertaking several initiatives to launch and begin monetizing this exciting opportunity. Divya Thakur, BTX Chief Technology Officer http://trackmyurl.biz/cryptocurrency-wallet-exchange-rates-4141.html that, "BTX is the first trading platform to enable Bitcoin traders and investors to access market data as well as execute orders for the top six 6 Bitcoin exchanges in a single application. What further differentiates BTX from any other product in the market is the opportunity to be the premier algorithmic trading platform for digital currencies, allowing traders to execute orders and trading strategies not available on other exchanges, such as 'stop limit'; which BTX already offers. Ilya Subkhankulov, BTX Chief Operating Officer, provided additional clarification on BTX's rollout plan, indicating that, "In addition to our core trading functionality, the current free beta version of our Windows-based desktop application provides users with the unique ability to:. Trade with an institutional-grade user experience; ii.
In addition, the firm has added a transparency page to its Celery wallet to assure its users that digital currency stored with Celery is safe and quickly accessible. Our goal is to make BTX the most trusted provider in the industry. Consumers are becoming more educated and therefore more comfortable with owning and utilizing Bitcoin as an alternative method of payment. We continue to refine our software and intend to develop and introduce new, creative ideas to bring to market. We look forward to seeing continued user growth and translation into positive revenue growth in the future. BTX Trader counts users as those signed up with an email address with either BTX Trader, the trading platform, or Celery, the online wallet and buying service, as both products share the same infrastructure. Screenshot of a breaking news alert e-mail from Q2 Please check your email to confirm your subscription. Something went wrong. We hate SPAM and promise to keep your email address safe.
YO!— CryptoBeadles (@RobertBeadles) October 20, 2019
Money Mondays are moving to Wednesday this week! We’ll give out $1,200 in BCH, 10,000 Monarch Tokens & gear! Also AMA! Be here Wednesday at 1pm to see if ya won! Have a great weekend peeps! God Bless!https://t.co/LUBScpwIbR#Bitcoin #crypto #blockchain #SundayMorning
Bitcoin is a type of alternative currency known as a cryptocurrency, which uses cryptography for security, making it difficult to counterfeit. Bitcoin issuance and transactions are carried out collectively by the network, with no central authority, and allows users to make secure, verified transfers. BTX has developed and is currently beta testing a trading system to offer bitcoin traders advanced charting, trading blotters, and trading integration across five of the major bitcoin exchanges, which will allow users to see liquidity, route orders, identify arbitrage opportunities across all platforms, and to control trading risks with access to stop loss orders.
The BTX business is intended to become a data and service provider for users and exchanges of bitcoin, but is not presently a bitcoin exchange itself although the Company may determine to invest in and develop a bitcoin exchange in the future. Obviously, there can be no assurance that the Company or bitcoin in general, will be successful, but we think that it presents the best opportunity for WPCS see more this time.
There has certainly been a significant amount of press about bitcoin recently, and the pplatform ecosystem of companies around it, as well as the investments by venture capital firms and others in bitcoin ventures.
We are tradinh excited about bitcoin and being on the forefront of what we, and other experts see, as a growing space. The opportunities that wpsc creates, both as an asset class, a currency, and a money transfer mechanism, are an important disruption in the financial space. We believe that we can capture a share of the growing market through best-of-breed technology and a differentiated feature set. BTX Trader is a company founded by two engineers and bitcoin enthusiasts who formerly worked on front-office trading software at Goldman Sachs.
While they are the technology and development experts, we are currently launching a search for a seasoned executive to become President of BTX. BTX Trader will initially be focused on two product categories within the bitcoin space: trading systems and exchanges.
The trading system is a cloud-hosted service that is in an early beta stage. It incorporates some high-end features traders may be familiar with from other asset classes, including advanced charting, trading blotters, and consolidated level 2 order books. It is currently the only product that offers trading integration against wpcz of the major bitcoin exchanges, allowing users to see liquidity across all platforms, route orders to the best platforms, and identify possible arbitrage opportunities across platforms.
Our traading business strategy is to continue to implement advanced trading algorithms for bitcoin traders, of the sort available in best-of-breed software for other asset classes on Wall Street but nowhere to be found in the bitcoin world. The software is currently implemented as a Windows client program, and it is backed by a sophisticated server in the cloud, exposing an application programming interface for other clients.
We intend to follow on our Windows client with web-based platflrm wpcs bitcoin trading platform platforms for easy use wpcs bitcoin trading platform consumers. The second prong of our strategy is to open a bitcoin exchange to allow low-latency execution of trades in bitcoin.
We hope to launch such an exchange olatform the coming monthsopening first in a jurisdiction where the regulations surrounding bitcoin are clear, with the ultimate goal of moving into the United States once we can resolve legal and wpcs bitcoin trading platform questions with a certainty of compliance.
We are excited about this acquisition. To the best of our knowledge, WPCS appears to be the first public company involved in the Bitcoin business, and we believe we BTX will be perfectly positioned for strategic opportunities in the bitcoin space.
And we are excited about bitcoin and the prospect offered by BTX to participate in a quickly evolving marketplace, as one of the first publicly traded companies to make an early entrance into the bitcoin space.
Although there are numerous risks, we believe that the software platform being developed by BTX will support the opportunities to advance bitcoin as an asset class, currency, money transfer mechanism, and important alternative in the financial markets space. As a result, we believe that the actions we have taken in the past few months the additional measures we may take in the future, together with this forward-thinking acquisition, will contribute favorably to providing the Company with an opportunity to deliver improved shareholder value in the future.
Tel: The company provides its engineering capabilities including wireless communication, specialty construction and electrical power to the public services, healthcare, energy and corporate enterprise markets worldwide. Float: We believe the market continues to offer the types of bid opportunities that maximize our engineering capabilities with the public services and healthcare markets continuing to be the most active. Giordano contributes expertise in areas of restructuring, operations, finance, strategic planning and business development.
He has over 25 years of experience as a board member and senior executive. He has extensive experience in analyzing business units engaged in manufacturing, distribution and retail sectors across multiple industries including food service, healthcare, consumer and industrial products. Joseph Heater Chief Financial Officer. Heater is responsible for the company's financial management and financial reporting functions. As a CPA, Mr. Formerly, Mr. Heater was the director of financial planning and analysis and assistant corporate controller for multi-billion dollar Airgas Incorporated where he was involved with the due diligence and accounting integration of several acquisitions.
In addition, Mr. Heater was a manager of audit and business advisory services for Arthur Andersen. Be the first! I wonder why the sudden drop. Wow did we get screwed. DropCar has officially gone public!
Yes or no, lose butcoin. Could hear tradding pin drop. New symbol tomorrow DCAR. You are Guest on WEB7. Fiscal Year. PlusOneCoin Top Posts. Is this dead? DCAR sound good. News. Damn should have sold yesterday. A lot. VP at Nasdaq DavidWicks:?? Congrats on the completion. Still way underwater. This one was a. Hi volume here today.
Hopefully price action. Whats pltaform with the selling? Company will expands to other cities soon. Still Accumulating cheap shares. DropCar Launches. So let me get this plagform. Somebody should be locked up for this.
What a disaster. All time low. Worst merger ever Fortunately I sold most of mine the. The conversion isn't fully done yet at. Most investors could give a flying chit.
So I'm confused. What wpcs bitcoin trading platform the value of. ARCA is an. So is this trading today? I kept some shares, but if today. Since December. I can clearly see a massive. Will look it up, thanks. Thanks for that informative answer.
YES to me. Is this worth staying for the reverse split? Nothing. Waiting for market reaction. Stock Seeker. Deal closed. Voted yes?
General platforms that support bitcoin trading
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public. The company's actual results could differ materially from expected results. Bitcoin-mining computers are too expensive for most users, while platorm coins from an exchange requires initiating wire transfers and can take up to five days. Originally launched as beta on a downloadable desktop application in Decembertoday BTX Trader is accessible online with 5, users and wpcz 1, unique visitors per month. Obviously, we are still in development platdorm, but we're on schedule to release both web and mobile versions of our platform by early ," continued BTX Trader Chief Operating Officer, Ilya Subkhankulov. Such forward-looking statements involve risks and uncertainties and are subject to change at any time. Contact Us. Yahoo Finance.