Tradoor.io

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Tradoor.io - overview

Location

Hong Kong, -, Hong Kong SAR - China

Primary Industry

Financial Services

About

Based in Hong Kong, Tradoor. io provides a decentralized finance (DeFi) platform integrated with Telegram, allowing users to engage in trading options, perpetual contracts, and swaps seamlessly and securely. Tradoor. io is a Hong Kong-based company that specializes in providing decentralized finance solutions through the Telegram platform.


The company has not undergone any significant pivots or mergers since its inception. Founded by a team of experts in blockchain technology, Tradoor has successfully established its global headquarters in Hong Kong and has made strides in the market with a total of one investment deal. The most recent funding round was led by TON Ventures and VentureSouq, raising USD 3. 2 million and marking the total amount raised at USD 3.


2 million. Tradoor offers a sophisticated suite of decentralized finance (DeFi) products on the TON blockchain, catering specifically to users within the Telegram platform. The core offerings include a triple protocol that encompasses Swaps, Perpetual Contracts (Perps), and Options trading, providing users with a comprehensive trading experience. This self-custodial platform is designed to facilitate fast, efficient, and secure transactions, addressing common challenges such as price slippage and high gas fees.


The platform is accessible to a broad range of users, allowing them to trade Options starting from as low as USD 3 and Perps from USD 5, thereby appealing to both novice and experienced traders. Tradoor primarily serves clients in the Commonwealth of Independent States (CIS) and Asian regions, boasting a rapidly growing community with a total of 359,000 active users who engage regularly with the platform. Tradoor generates revenue through transaction fees associated with its trading services, which stand at 0. 09% for trades executed on the platform.


The trading activity encompasses Perps and Options, contributing to a substantial trading volume exceeding USD 107 million, indicating a robust demand for its offerings. Users engage in transactions by utilizing the platform to execute various trades, benefiting from features such as the Price Lock and Liquidity Shield that enhance the trading experience. The revenue model includes an affiliate program that incentivizes users to promote the platform, rewarding both direct and sub-referral activities with daily earnings in USDT and additional bonuses in the form of the platform's native $DOOR token. This structure supports both B2B and direct-to-consumer interactions, fostering a dynamic trading ecosystem.


Tradoor. io plans to leverage the recent USD 3. 2 million in venture funding to expand its product offerings and enhance its platform capabilities. Upcoming products include advanced trading tools and features designed for the Telegram user base, with targeted release dates in the next fiscal year.


The company aims to penetrate new markets within Southeast Asia and Eastern Europe by the end of 2024, increasing its user engagement and market presence significantly.


Current Investors

TON Ventures, VentureSouq

Primary Industry

Financial Services

Sub Industries

e-Financial, Accounting/Finance Software

Website

www.tradoor.io/

Verticals

Blockchain

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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