The release of the beta version of the trading application on major Bitcoin exchanges raised WPCS shares by 20%

In early 2014, WPCS International, an American company engaged in communications, wireless communications and energy, launches an application under Windows OS, which will provide access to the five most popular Bitcoin trading sites, including the largest, for example, Mt. Gox. The company said that the BTX Trader application, which serves cryptocurrency exchanges, is expected to bring profit by May 2014, due to the projected growth of the BTC market.



As a result of today's announcement of the release of the beta version of BTX Trader and the official release soon, WPCS shares on the NASDAQ jumped 20% in the last day.





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Btx trader

The application promises flexible access to 90% of world Bitcoin turnover through access to the five largest exchanges: Bitstamp, BTC-E, Mt. Gox, BTCChina and CampBX . The interface has the ability to simultaneously display portfolios of orders, a candlestick and tick charts of several exchanges in one window, and all this in real time. In addition, the application supports limited stop orders that allow you to pre-set the modes of transactions, depending on market conditions.

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Application developers promise to save users from working with stock data offhand, relying on information reliability and instant decision-making in complex market issues, and expect that both speculators and hedgers will use the program to monitor, change and execute orders in pursuit of increasing their own performance .



Sebastian Giordano, interim CEO:

Now, when we have almost finished working on a completely new platform for the market, linking the five largest cryptocurrency exchanges, and all this against the background of the rapidly developing bitcoin industry, we are aiming for strong overclocking. The public release of the beta version of BTX Trader, will give the market an idea of ​​some of the features and capabilities, and ultimately confirm the uniqueness of our technology.

Ilya Subkhankulov, Executive Director:

We encourage all bitcoin traders to download and try out the beta version of the program, and although we are still in the process of development, everything is on schedule, and in early 2014 the online version and the BTX Trader mobile app will be published.

Divya Thakur, Technical Director:

The main distinguishing feature of a professional UI is that it uses its own logic, which should help traders manage risks.

How it all works

I installed the beta, I try. The interface is still clearly “beta”, Japanese candles lack the display of indicators under the cursor, the windows stretch quite uncomfortable, the mouse wheel performs different functions in different areas of the screen, many things are implicit, and so on. But - it works, the graphics are displayed in real time, orders are created.



Here is an example of how you can create a stop order. You need to open the API key binding from exchanges window - the Accounts button, and enter the necessary information:







Then, to place an order, you need to open the Montage window :







For example, if the current bitcoin price on the Bitstamp exchange is $ 600, and you have 1BTC that you want to sell, if the price drops to 500 or lower, you create a sell order with a stop price of 500 and a limit of 490 dollars . The fact that the limit for a sell order is lower than the stop price increases the likelihood that this order will be executed if the market falls. We press SELL, and the order is placed. When the price for Bitcoin drops to $ 500 - the order will be processed. A similar scheme works with the purchase.



In general, at the moment the program is still raw, but it promises a lot. We will wait for the official release and follow the news, and everyone willing to test, I remind you, the beta version has already been posted .