Categories: Market

Tab Trader closes $ 5.8 million funding round led by BitMEX Ventures

TabTrader, founded by Krill Suslov and based in Amsterdam, is a mobile application that enables users to trade cryptocurrencies on multiple exchanges. The company announced the end $ 5.8 million financing round led by BitMEX Ventures yesterday.

Tab Trader is a mobile application that allows users to trade cryptocurrencies on multiple exchanges

Tab Trader closes $ 5.8 million funding round led by BitMEX Ventures

TabTrader mobile cryptocurrency trading app announced that it has completed a $ 5.8 million Series A round led by BitMEX Ventures and has joined Hashkey Capital, Spartan Capital, SGH Capital, SOSV and Artesian Venture Partners Has.

Alexander Höptner, CEO of BitMEX, said:

“TabTrader has revolutionized the entire crypto trading experience by allowing traders to manage all of their exchange accounts through a unified interface. BitMEX and TabTrader share a similar mission to transform the crypto space, and we are excited to support TabTrader in further strengthening their exploding user base. “

TabTrader gives users the ability to connect multiple exchanges and execute trades in a single application instead of using multiple browser tabs or multiple exchange applications. This app supports more than 34 exchanges (Binance, FTX, Huobi, Kraken, Bitmex etc.) with over 12,000 tools for portfolio tracking, trading or chart analysis.

“We started with mobile devices because our mission is to enable everyone in the world to invest.”, Kirill Suslov, Co-Founder and CEO of TabTrader.

He added: “Future developments will include an additional web-based version of the service, the integration of more decentralized exchanges and the addition of asset classes such as the currency market.”

TabTrader has attracted 400,000 active users with no ads. The app has a rating of 4.7 in the Apple App Store (with over 52,000 reviews) and a rating of 4.5 in the Google Play Store (with over 55,000 reviews). Users value the TabTrader app for its convenience, mobile experience and notifications.

“Cryptocurrencies are the fundamental cross-border financial instrument, and TabTrader’s approach to aggregating mobile exchanges takes accessibility to the next level. We are proud to have supported TabTrader from day one. ” said William Bao Bean, General Partner at SOSV.

About TabTrader

TabTrader is a mobile application that enables users to trade cryptocurrencies across multiple exchanges in one experience. The company was founded by Krill Suslov and is headquartered in Amsterdam.

With the growth of many cryptocurrencies, users looking to speculate on tokens with a little more volatility are looking for trades on exchanges.

The startup TabTrader used this search with a platform that aggregates prices and token availability across dozen of exchanges. While other platforms allow users to check token prices on exchanges, most of which are optimized for desktop, TabTrader has built a significant presence for its mobile app even on iOS and Android.

TabTrader has over 400,000 active users and plans to add to its team of 20 and focus on global expansion, including a collection of decentralized crypto exchanges starting with serum-based Solana, Raydium and Orca.

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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