BitradeX
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BitradeX - overview
Established
2022
Location
-, -, UK
Primary Industry
Financial Services
About
Based in the UK, BitradeX is an AI-powered digital trading platform that enhances cryptocurrency trading experiences for both novice and experienced traders through advanced algorithms and real-time market insights. Founded in 2022, BitradeX operates an AI-driven cryptocurrency trading platform that facilitates trading for users worldwide. The company has raised GBP 12. 000 mn in its Series A funding round, led by Bain Capital, securing a total of GBP 12.
000 mn thus far. The founder, Adel Shahin, has a background in technology and finance, although no other startups by him are disclosed. BitradeX primarily offers an AI-powered cryptocurrency trading platform designed for both novice and experienced traders. Central to its offering is the ARK Trading Model, which utilizes advanced AI algorithms to analyze market trends and identify trading opportunities.
This platform allows users to execute trades with speed and efficiency, leveraging a high-performance matching engine to facilitate transactions in milliseconds. The service is accessible globally, featuring multi-language support and localized customer service to cater to a diverse client base. Additionally, the platform offers various trading options, including spot trading and futures trading, supported by competitive fees and advanced risk management algorithms that protect user capital in volatile market conditions. The platform has been designed to serve a wide range of end-users, from individual retail traders to institutional clients, across multiple international markets.
BitradeX generates revenue primarily through transaction fees associated with trading activities on its platform. Users engaging in cryptocurrency trades incur a handling fee of 0. 7%, applied to each transaction they execute. This fee structure supports various trading functionalities, including leverage trading and the use of AI-driven trading bots for automatic trading, thereby enhancing user engagement.
The company also partners with financial services such as Visa to provide flexible payment options, including digital wallets like Apple Pay and Google Pay. The combination of these services fosters a direct-to-consumer model, where individual traders can easily buy, sell, and trade cryptocurrencies while benefiting from the platform's comprehensive suite of tools and features. In April 2025, BitradeX raised GBP 12 million in Series A funding led by Bain Capital. The company plans to use the funding to support the global expansion of its platform, targeting new international markets to enhance user engagement and service offerings.
Upcoming initiatives include the launch of new trading options and features aimed at improving the overall trading experience across different regions.
Primary Industry
Financial Services
Sub Industries
e-Financial
Website
www.bitradex.com/
Verticals
Cloud Computing, FinTech
Total Amount Raised
Subscriber access only

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