Redux Technologies utilizes innovative math and software to excel in Bitcoin margin trading, making it accessible for individual investors. The company's strategy focuses on leveraging arbitrage opportunities to target a 0.01% profit per trade, aiming for 20-25 daily trades, resulting in approximately 1.5% profit per week. Traditionally, this type of trading was exclusive to large financial institutions. Since its inception in 2001, Redux Technologies has shown promising growth, starting with a $10,000 investment which has since grown to $12,740 over three months, despite fluctuations in Bitcoin's value. With a recent additional investment of $10,000, the company's total stands at $22,740. Approximately 25% of this is allocated to software management and development, generating an average daily profit of $11.37. In order to pursue full-time operations, the company aims to secure a total investment of $200,000, with an initial goal of reaching $75,000 in funding. The most recent investment round was a $22.74K convertible note investment on 16 June 2014.
General Information
BounceWatch is an independent company data service, not affiliated with Redux Technologies. To contact Redux Technologies, visit reduxtech.com.
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About Redux Technologies
Business keywords: Bitcoin trading, Margin trading, Arbitrage, Investment strategy, Financial technology, Algorithmic trading, Market analysis, Software development, Mathematical modeling, Individual investors, Funding, Financial markets, Cryptocurrency
Funding Rounds & Investors (1)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Convertible Note | $22.74K | - |
|
16 Jun 2014 |
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Source: BounceWatch company record for Redux Technologies, https://bouncewatch.com/company/redux-technologies, updated 26 December 2024. When citing, please name BounceWatch and link this page.