Tradu Introduces New Crypto Exchange with Competitive Fees

Wednesday, 08/05/2024 | 07:31 GMT by Tareq Sikder

The exchange, part of Stratos Group International, offers over 40 coins including BTC and ETH.

The fee structure offers up to 95% savings, with commissions starting at 0.1%.

Tradu, a multi-asset trading platform, has announced the launch of a new cryptocurrency exchange aimed at catering to active traders and investors seeking low, transparent fees. The platform, which is part of Stratos Group International, LLC, a subsidiary of Jefferies Financial Group Inc. (NYSE: JEF), boasts a selection of over 40 coins, including popular options like Bitcoin and Ethereum.

Fee Savings and Transparent Pricing

One of Tradu's key selling points is its focus on transparency and cost-effectiveness in the cryptocurrency trading landscape. The platform claims to offer savings of up to 95% on fees compared to other exchanges, with a straightforward fee structure that is displayed to users before placing orders. Tradu charges a commission of 0.1%, with instant rebates available for larger trade sizes.

In addition to its commission-based model, Tradu offers clients the option to trade on a commission-free profile, where fees are instead incorporated into the spread.

Brendan Callan, CEO, Tradu, Source: LinkedIn

Brendan Callan, CEO of Tradu, commented: “At Tradu, we are real supporters of crypto. It’s a huge market with significant investor interest and as a true multi-asset trading platform , it’s important for us to offer our clients access to both traditional assets and new digital assets. We are bringing institutional-grade pricing and infrastructure to the retail crypto market, providing traders with upfront costs and tight, transparent spreads enabling active traders and investors to maximise their returns.”

Tradu Collaborates with dxFeed for Market Data Access

Earlier, dxFeed, a global financial data solutions firm, initiated an Infrastructure as a Service project for Tradu, as reported by Finance Magnates. This partnership positions dxFeed as the manager of critical infrastructure and data provision, allowing Tradu to focus on core business objectives.

dxFeed's IaaS capabilities aim to address technical challenges in delivering market data, providing seamless access to data from major exchanges globally. With scalable low-latency infrastructure, dxFeed ensures consolidated market data delivery to clients across Asia, the Americas, and Europe, accommodating rapid reconfiguration to meet performance demands.

Fee Savings and Transparent Pricing

In addition to its commission-based model, Tradu offers clients the option to trade on a commission-free profile, where fees are instead incorporated into the spread.