In the cryptosphere, users now are spoilt with choices, as more and more exchanges are making their presence felt with their unique features and functionalities.
And, the latest in the market is, Quadency, a next-generation crypto exchange platform that offers a single interface to trade and manage your cryptos smartly. But, Quadency is more than just a crypto trading platform, it enables traders to tap the untapped opportunities that exist in the market.
Sounds exciting, right?
Therefore, let’s learn more about the platform in this review article and check whether you should choose this platform or no.
Quadency Overview: Desktop Crypto Trading Platform
Quadency is a multi-exchange crypto asset management platform that was established in 2018 and is based out of New York.
Quadency offers a unified platform for buying and selling cryptocurrencies, automated trading bots, portfolio analytics, news & research services, advanced charting tools coupled with the high-quality data stream.
It provides trading services through its single unified platform that is connected to 11 major crypto exchange platforms featuring both simple and advanced order types. The connected exchanges include Binance, Coinbase Pro, Kraken, Gemini, KuCoin, OKEx, Bitfinex, Poloniex, Bittrex, HitBT, and Liquid, etc
In short, Quadency is a professional trading terminal that secures connections with all major exchanges and allows trading at a single place while providing access to a full suite of advanced capabilities with access to all leading global crypto-asset exchanges and over 3500 trading pairs.
Supported Cryptocurrencies & Trading Pairs
Currently, it supports only spot trading and through its single unified platform, it provides access to over 1,270 crypto assets and trading in over 3,670 trading pairs from 11 different cryptocurrency exchanges.
The market overview section of the platform provides you a real-time summary of all coins available with the platform. It includes market cap, circulating supply, 24h volume, average price change, etc.
Features of Quadency
Let’s look at the features that make Quadency unique and profitable to use as a crypto trading platform.
- Automated Crypto Trading Bots
Quadency supports 12 trading bots that help you to automate your trading strategy and execute trades on your behalf. The trading strategies can execute trades as simple as buying a small number of assets over some time (Dollar-cost averaging) to a more complex one based on technical analysis.
The available trading bots are TradingView Bot, Grid Trader, Smart Order, Market Maker Plus, Market Maker, Bollinger Bands, Multi-level RSI, MACD, Mean Reversion, Accumulator, and Strategy Coder. You can also request a custom strategy from Quadency based on your trading preference and style.
Here, not all trading bots are free and you need a subscription of the bots. You can connect the trading bots to your connected exchange account and conduct a backtest to check the efficiency of strategy before running it live.
- Portfolio Analytics
It enables professional tracking and monitoring of crypto-assets over time from both your offline hardware wallets and connected exchange wallets. It allows you to view your overall P&L or monitor it account by account.
You get the visual representation of your entire crypto portfolio in one screen, where you can monitor their performance, manage your trades and risks in a better way.
- News & Research
This section provides the Messari-powered ranking table of all coins available on the platform. The research section provides hand-picked research news articles curated by industry experts that provide you the best view of the market and enable you to make better trade calls.
Quadency does not charge any transaction fees or commission, the trading fee is applied directly by the exchange you are trading on.
Quadency has three plans & pricing structure that provides access to a different level of services on the platform. Following are the plans:
- HODLER: It’s a free account service suitable for beginners and passive investors in the cryptosphere. Under this option, you will have a monthly trading limit of $10,000 and can run only one live trading bot.
- PRO: The users are billed $49 monthly (20% discount applied if paid annually) and are suitable for active traders and personal portfolio managers. The monthly trading limit is $100,000 and can run 10 live bots.
- INSTITUTIONAL: This account type is suitable for the professional fund and portfolio managers, quant traders. The user gets access to all the available services and gets unlimited trading limits and live bots.
The institutional account users get access to the professional trading terminal, algorithmic execution framework, unified APIs & market data, and priority support.
Professional Trading Terminal & Portfolio Management Solution
Since it is a no-KYC platform, the sign-in process is very easy and quick and can be completed within minutes using your email-id.
Following the successful email verification of your account, go to the “Dashboard” to connect your respective exchange account to start your trading journey.
For connecting your trading account to Quadency, you need API Key, Secret Key, and Passphrase of the chosen exchange. Once the keys are entered, Quadency will quickly sync your exchange account and all your crypto holdings can be added to the portfolio management tab for doing manual or automatic trades.
Speaking about the Quadency’s unified trading interface, it is very simple and easy to navigate. The platform is fully customizable and you can arrange the windows as per your choice.
It provides charting solution from TradingView which has over 100 technical indicators and tools which enable advanced market analysis.
It allows all common order types (market, limit, stop) available on exchanges. As well as, you can place advanced order types using Smart Order bot, that uses specific algorithms to monitor your trade position, stop and profit without exposing the trade to the exchange order book.
Is Quadency safe enough to connect your exchange account? Let’s check the security aspect of the platform.
Following are a list of security measures that protect users account from unauthorized access:
- 2FA on all users account
- Uses proven AWS cloud computing platforms and APIs for the physical security of its IT infrastructure, internal controls and mitigate DDoS attacks
- Uses Bcrypt security protocol for storing and encrypting passwords and key user exchange data
- Uses multiple-layers of 256 bit of encryption over the network to prevent intrusion and TLS connections and HTTPS for encrypting website traffic
These are some of the primary security measures incorporated in the platform to offer a safe and secure trading environment. There are many more security protocols in place to ensure only authorized users get access to the platform.
Quadency offers no support tickets and has different levels of customer support systems for different types of user accounts.
For HODLERS, they have only access to email support. Whereas, PRO users get access to both email and live chat support. And, institutional account users get the priority services from Quadency.
You can also follow Quadency’s social media platform like Twitter, Telegram, or receive a newsletter to get updates of the latest development in the platform.
Quadency Review: Is It Safe & Legit?
I think you have got a fair idea after reading this review article about whether to choose or not but it is definitely a safe as well as a legit product.
The trading platform is suitable for beginners, professionals, as well as high-frequency traders in the cryptosphere. Let me list some of the benefits of the platform to help you further:
- Provides advanced trading tools for all users
- Can transact in multiple exchange platform through unified single interface
- Automated trading through bots
- Portfolio management
- Simple and intuitive trading interface
- World-class platform security
- Good customer support
The platform looks very promising and will find favor amongst professional traders. If you want to manage all your crypto holdings and multiple exchange accounts from a single place, you can consider this platform.