Crypto Investing Platform Mudrex Develops Recurring Investment Tool

Crypto asset management platform Mudrex has introduced a crypto-industry first automated recurring investment tool.

Mudrex is a global platform that makes self-directed investing in crypto easy and accessible for all. Founded by Edul Patel (CEO), Alankar Saxena (CTO), Rohit Goyal (VP, DeFi), Prince Arora (VP, Engineering), the Y-Combinator backed enterprise has established a robust investing platform for all kinds of investors.

The company’s recurring investments tool will enable users to automate and simplify investments in Mudrex Coin Sets, which are baskets of cryptocurrencies based on particular themes that enables users to diversify their portfolios. Using the new tool, investors will now be able to spread out their capital investment – a form of dollar cost averaging that can reduce the total risk on their crypto investment. Mudrex users have the flexibility to choose between a daily, weekly or monthly investment schedule, and scheduling rules can easily be changed, paused and stopped, at any time.

According to Mudre, recurring investments incur no extra fees, so users can continue investing in Coin Sets (with or without Recurring Investments) with zero fees and fixed amounts as low as $10. With more than 250,000 global users across 100+ countries and a growth rate of 30% month over month since its launch in 2018, Mudrex handles trade allocation, order execution, and periodic rebalancing for a seamless user experience.

“Recurring Investments are a powerful trading tool that for the first time gives self-directed crypto investors an efficient way to grow their wealth passively and effectively,” said Mudrex CEO and co-founder Edul Patel. “With this new feature, we hope users will be able to maximize long-term wealth creation in this exciting new asset class.”