WPCS Announces Launch Date for BTX Trader Platform
WPCS International Incorporated (NASDAQ: WPCS) which specializes in contracting services for communications infrastructure and the development of a Bitcoin trading platform, today announced April 18, 2014 as the official launch of its web and desktop multi-exchange Bitcoin trading platform, BTX Trader.
According to Interim CEO, Sebastian Giordano,
"Our BTX team, led by Chief Operating Officer Ilya Subkhankulov and Chief Technology Officer Divya Thakur have done an exemplary job to ensure that we delivered on our promise to launch the BTX Trader platform in the second quarter of 2014."
Elaborating on the launch of BTX Trader, Mr. Subkhankulov indicated that,
"BTX Trader is launching as a freemium-based product, where the main features of the platform, such as charts, market data, and simple orders to exchanges, will remain free to all users. Meanwhile, BTX Trader's advanced order types will be offered to Bitcoin traders worldwide at 0.2% of the notional trade value executed, with all fees collected in the form of Bitcoin from the user's balances prepaid to BTX Trader. In addition to the stop limit order type, we will be offering stop market, market hidden, trailing stop limit, and trailing stop market order types."
Mr. Thakur indicated that,
"BTX Trader will be attending the "Inside Bitcoin" conference at the Jacob Javits Convention Center in New York City on April 7 - 8. Interested parties can visit us at Booth #309."
About WPCS International Incorporated
WPCS operates in two business segments including: (1) providing communications infrastructure contracting services to the public services, healthcare, energy and corporate enterprise markets worldwide; and (2) developing a Bitcoin trading platform.
For more information, please visit http://www.wpcs.com/ and http://www.btxtrader.com/
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 1995. 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.
Related News
When WPCS International Incorporated (NASDAQ: WPSC) snapped up bitcoin platform developer BTX Trader last week there was cheering in cyberspace. After all, bitcoin had just made it to the big time and BTX Trader is now an indirectly listed NASDAQ company. But should we be cheering? The news was certainly good for WPCS shareholders; its stock jumped up quickly. Interim CEO, Sebastian Giordano stated that, "As one of the first publicly traded companies to make an early entrance into the bitcoin space, we believe this transactions consistent with ongoing efforts to provide the Company with an....
Engineering company WPCS International, Inc. has announced that one of their subsidiaries - BTX Trader, LLC - has been released a beta software for Windows PCs designed for power bitcoin traders. Available at btxtrader.com, the software acts as a trading client, and allows users to connect to bitcoin exchanges like Bitstamp, Mt. Gox, CampBX, and even BTC China. It comes with order book displays, candlestick charts, and all of the other charty goodness a trader would come to expect and rely on. "We encourage Bitcoin traders and others to download, install and try out the beta version of the....
JOE price made an impressive comeback after the rollout of the Rocket Joe liquidity launch program lured new projects and token listings to the DeFi platform. The market appears to be finding its feet and as the smoke clears, its easier to see which projects are fundamentally flawed and which are returning to their previous trading range where they were before the recent three-week downturn.Trader Joe is one of the decentralized finance (DeFi) protocols that continued to push out new developments during the market-wide correction.. Data from Cointelegraph Markets Pro and TradingView shows....
As the bitcoin economy expands, so do the number of ways to gain exposure to the all-conquering cryptocurrency. Public equity markets are still a popular and convenient way for many retail investors to park their cash. Here's a list of five (OK - four and a quarter, accounting for the Bitcoin Investment Trust and Zynga) stocks that you can buy to gain exposure to bitcoin without actually having to hold the cryptocurrency yourself. 1. BTX Trader. WPCS International (NASDAQ) announced the release of its bitcoin trading application BTX Trader on 26th December. The company's stock price jumped....
Factom has announced it will launch its forthcoming crowdsale on 31st March at 15:00 UTC. Billed as a "software sale", the event will allow consumers to exchange bitcoins for Factom tokens that will be available upon the blockchain-based recordkeeping network's beta release. Factom president Peter Kirby indicated that final launch date was set after his company met key objectives, including a certain threshold of confidence in its beta version as well as the finalization of milestones with decentralized application crowdfunding platform Koinify. Speaking to CoinDesk, Kirby spoke about the....