ProductHunt Launches New Bitcoin Trading Software Keza

Digital Currency Group CEO Barry Silbert and others have invested in and supported the launch of Keza, an application that allows people to invest in stocks and securities using bitcoin.

Keza: Huge market potential

Silbert announced that the Digital Currency Group he founded made its latest investment decision yesterday.

HOF Capital and blockchain startup incubator BoostVC also invested, bringing Keza’s initial funding to more than $350,000.

Keza’s flexibility is what makes Bitcoin so popular. Keza has three trading “styles” — moderate, conservative and aggressive — that allow users to choose different levels of trading for volatile assets and keep a close eye on the risk to their capital.

Simon Burns

In an online Q&A session with ProductHunt, Simon Burns, co-founder of ProductHunt, said the Keza platform is designed to attract amateur traders, or even those who are not interested in trading itself but are looking at Bitcoin as a financial solution.

Burns explained:

“Our core user base is likely to be people who cannot access high-quality investments in emerging markets and who turn to Bitcoin to be able to use banking services (remittances, cross-border payments) or as a store of value.”

He continued:

That’s a rather long-winded way of saying that I think the core users are the early adopters of the technology, most of whom are from countries where Bitcoin is widely used, and who are looking for an investment in their future.

Keza is designed with a one-stop investment function that can transfer user funds directly to partners, similar to the recently released version of OpenBazaar with peer-to-peer purchasing function. The fee is charged as an asset management fee in increments of 1% per month. There is no minimum investment amount limit, allowing users to invest any amount.

Coinbase business developer Nick Tomaino said in a tweet posted on Wednesday that he was “excited” about the two products coming to the U.S. market.

The rise of investment software

In addition to the OpenBazaar beta release this week, there was also news from XBT Provider, the pioneering firm that issued the world’s first Bitcoin exchange-traded note (ETN) on the Nasdaq Nordic exchange in April 2015.

Following the success of its Bitcoin Tracker One product and the launch of its second product, Bitcoin Tracker Euro, in October last year, XBT is now expanding into international markets.

Christoffer De Geer, Marketing Manager, said:

The growing number of startups in the Bitcoin industry and the emergence of applications that use micropayments to provide real-world services (remittances and online incentive services) have helped to make Bitcoin transactions more accessible to the general public.

Original article: https://bitcoininthenews.com/?q=New-Bitcoin-Trading-App-Keza
By William Suberg
Compiled by: Kyle
Source (translation): Babbitt Information (http://www.8btc.com/new-bitcoin-trading-app)