Crypto trading aggregation app, TabTrader, raises $5.8 million
Amsterdam-based cryptocurrency trading mobile app, TabTrader, has announced that it has closed a series A funding round with $5.8 million.
TabTrader gives users the ability to connect multiple exchanges and carry out trades within a single app, replacing multiple browser tabs or multiple exchange apps. TabTrader supports more than 34 exchanges, including Binance, Kraken, and BitMEX, and has over 12,000 instruments to monitor a portfolio, trade, or conduct chart analysis.
“We started on mobile because our mission is to allow everyone in the world to invest,” Kirill Suslov, co-founder and CEO of TabTrader. “Future developments will include complementary Web-based version of the service, the integration of more decentralised exchanges, and the addition of asset classes such as FX markets.”
The funding round was led by BitMEX Ventures. Alexander Höptner, CEO of BitMEX said, “TabTrader revolutionises the entire crypto trading experience by enabling traders to manage all of their exchange accounts through a unified interface. BitMEX and TabTrader share a similar mission of transforming the crypto space, and we are thrilled to support TabTrader as they continue to empower their skyrocketing user base.”
TabTrader plans to grow its 20-person team and focus on global expansion, including aggregation of decentralised crypto exchanges, starting with Solana-based Serum, Raydium, and Orca.
The company claims that its success to date has been fueled by its ability to provide its users convenience, effective, actionable alerts, and a superior mobile experience.