Crypto investments can be confusing, and are full of unknowns. Mudrex simplifies this by offering products crafted by successful traders and experts to help you start. Maximize gains as per your risk appetite. Mudrex offers a wide range of investment options with varying risk/reward profiles.
How you make money
Mudrex helps traders create, test, and deploy their strategies. As a trader, the best way in which you can get paid is by creating good strategies and making your own money on them.
If your strategy can handle more funds then you can alternatively also publish your strategy to Mudrex Invest and users can subscribe to it by paying you a monthly fee.
How Mudrex makes money
Mudrex charges fees on the basis of the amount you invest and the fee set by the creator. When a user goes live on their private strategy, Mudrex calculates fees as below:
- USD amount of their current investment in the bundle (A)
- USD value for which they have already paid fees (B)
- Commission Rate charged by the creator (C)
- Min Fee to be charged (D)
Fees to be paid = Max(D, C*(A-B))
These fees are then pro-rated and charged for the rest of the month. At the first of the next month, Mudrex does the exact same calculation and charges your card accordingly.
Is it safe?
Mudrex was founded in 2018 and is based in San Francisco, California. They have a customer base of over 100,000 investors spread across 100+ countries, with $20M+ in assets under management. Mudrex is backed by Combinator, Incrypt, Gamma Point Capital, and Better.
Mudrex stores all important information using bank-level AES-256 encryption. All API traffic is secured and goes through SSL and uses TLS 1.2 to prevent third parties from eavesdropping on your connection.