Mudrex

Mudrex

Mudrex

Mudrex

Instantly invest in custom crypto baskets, curated portfolios, and more.

Join investors

Highlights

-17.27%

Asset Class Return30d

#12 Rank

In Crypto30d

avatars

Invest from

$1

Overview

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.

Things to Know

  • You make money on

    Value

  • Fees

    0%

  • Min Investment

    $1

  • Payout frequency

    Asset sold

  • Term of investment

    Zero

  • Target Return

    Varied

  • Liquidity

    Easy

  • Open to

    All Investors

  • Mobile Application

    Android

Top Perks

  • Products crafted by successful traders and experts

  • Wide range of investment options

  • Invest using your credit or debit card, or transfer funds from your bank account

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.

  • Established

    2018

  • Country Available

    Worldwide

  • Assets Managed

    $20M

How You’re Taxed

Capital Gains

Capital Gains

Income Tax

Income Tax

Crypto gains are taxed like stocks. The tax rates for crypto gains are the same as short- and long-term capital gains taxes for stocks. Short-term capital gains are treated as income (same tax rate you pay on your annual earnings) and long-term capital gains are taxed between 0% and 20% depending on your income tax bracket.

Reviews

0.0
  • 5

    0

  • 4

    0

  • 3

    0

  • 2

    0

  • 1

    0

Reviews (0)

No comments yet

Related Reads

post-img
moneyMade

mone...

2 hours ago

Rich Dudes │ Elon Musk's $180 Billion Net Worth
post-img
moneyMade

mone...

8 days ago

Rich Dudes │ Kevin O’Leary's $400M Net Worth, the 2nd Richest on Shark Tank

Similar Platforms

Explore Assets

Dogecoin
Music Royalties
Tether
Farmland
Wine
Art
Real Estate
Robo Advisor
Gold
Bitcoin
Stocks
Lending
Startups
Ethereum
DeFi
Solana
Oil & Commodities
Polkadot
Metaverse
NFTs
Whiskey
Bonds
Platinum
Sports Cards
Cardano
Ripple
Silver
Watches