Alpha5 has just announced that its platform is due to be live later this quarter. The first with implied order books and futures swaps.
Low fees, 24/7 multilingual customer service, good trading uptime, and network backups distributed off-site are important aspects of a crypto exchange. But less anticipated of a newcomer joining a highly competitive environment. ALPHA5 was developed to fill a void in the crypto ecosystem- the need for a more mature, simplified platform that provides a new model of bitcoin products that will cater to both experienced traders and newcomers.
This is now emerging from obscurity to engage with select counterparties about how it can change cryptocurrency trading. Founded by Vishal Shah, formerly from Elwood Asset Management, the team includes expertise and experience from respected institutions such as the CME Group, RBS, and the Indian Technology Institute. Alpha5 incorporates a calculated analysis of various market environments and expands new features beyond current crypto platforms.
“I have been working in this industry for a while, and I witness a lot of squandered opportunities,” says Shah. “We have entered into a world where there is an unprecedented amount of data at our fingertips. But the tools we have to harness and implement that data, for capitalist pursuits, are far too rudimentary. That’s what Alpha5 is ultimately trying to tackle.”
Shah and his team agree that given the efforts and products generated by existing players, the cryptocurrency derivatives market is still not as competitive as the global derivatives market. With a technology offering similar to onshore exchanges, Alpha5 is developing a completely new risk structure. With a vision to enhance and create modern, multi-dimensional derivative products through:
- Becoming the first crypto-exchange with implied order book technology to fashion simple trades
- Digital and other exotic options with predetermined risk and rewards for set-and-forget trade
- Providing responsible leverage and using good liquidation methods that benefit traders and limit the impact on the market
- A super-fast and agile network, intuitive to use, and tailor-made sophistication
ALPHA5 will feature an industry-leading partner network where members will receive sources of income for a lifetime. A multi-tiered, fully transparent program will include personal account management, marketing materials, and comprehensive data reports for all affiliates. An attractive opportunity ideal for traders and crypto influencers.
Touching the A5 T
Alpha5 will also introduce A5 T, the world’s first token redeemable against the exchange’s insurance fund’s value. This enables token holders to benefit from ecosystem expansion. They anticipate the utility of A5 T to be leverage, staked to minimize fees, provided at all times with a clear net asset value. Alpha5 anticipates that a deflationary architecture and incentive-based distribution model would help spread the network.
The roadmap for Alpha5 includes a private beta launch in May 2020. Alpha5 expects the platform to be fully live in Summer 2020.