A complete guide to Mudrex trading platform

Attention! This article is for informational purposes only and does not contain recommendations or calls to action.

The review has been prepared by the CScalp terminal team. You can get CScalp by leaving your e-mail in the form below.

The goal of Mudrex is to offer an autopilot approach to trading and investing in crypto. Apart from curated passive investment options, it offers a selection of out-of-the-box professionally made trading algorithms. The interface is designed to provide a broad and flexible easy to use functionality. Upon allocation of funds, there is no asset lock-up, and users are free to withdraw their money at any time and in any amount.

The main page consists of overview & dashboard and a side menu.

To get started on Mudrex, you need to connect your Mudrex account to a crypto exchange. The platform currently supports the following exchanges:

• Binance Spot
• Binance US
• Binance Futures
• Bitmex Futures
• Coinbase Pro
• Deribit Futures
• OKEx Spot & Futures
• ByBit Futures
  

To connect an exchange, you need to obtain the API key from the selected crypto exchange. Once done, head over to your profile button in the top-right, click “Connect Exchange" and follow the on-screen instructions.

Mudrex has its own wallet, the Mudrex Wallet. It's powered by Binance and offers the same security measures, i.e. one-time password (OTP) and two-factor authentication (2FA). New features are being developed and added to the Mudrex Wallet, including reduced brokerage fees, instant payouts, and other exclusive offers. To access your wallet, click the “Wallet" button in the top-right. You'll be taken to a page with your balance overview and deposit/buy crypto options.

The balance is broken down into Spot and Futures sections. Each section shows a separate Total Balance, the amount currently Managed By Mudrex, and the funds currently Available To Invest. Below, you can see a detailed breakdown with a pie chart. When investing on Mudrex, you’re free to use your Mudrex wallet or allocate your funds directly from your connected exchange account.

Mudrex offers three ways of making money: Coin Sets, Mudrex Mints, and Algos.

Coin Sets are the flagship feature on Mudrex. They’re essentially ‘buckets’ of assorted crypto assets united by a common theme. The idea is to keep your mind off any specific coins and their price movements and keep you wholly invested (NPI) in the sectors of the crypto sphere that you find most relatable.

Thus, instead of investing in BTC or ETH or other top cryptocurrencies one at a time, you can jump into the Crypto Blue Chip coin set and take advantage of the world’s top-5 industry-defining coins — BTC, ETH, BNB, ADA, and SOL — combined and in one place.

If you’re into the NFT field or happen to buy into the Metaverse trend — you can check out the respective coin sets where you’ll meet the leading coins from the said spheres put together, combined, and curated continuously by the Mudrex team to ensure maximum gains.

The NFT coin set constitutes Axie Infinity (AXS), Flow (FLOW), Chiliz (CHZ), Enjin Coin (ENJ), Decentraland (MANA), and The Sandbox coins (SAND), whereas the Metaverse bucket includes most of the aforementioned assets alongside Ethernity Chain (ERN), Illuvium (ILV), Yield Guild Games (YGG), and My Neighbor Alice (ALICE).

When selecting a coin set for investment, you’ll be presented with the information about its performance over the past month up to a year, its APY, the monthly fee (1% flat or 0% for Mudrex wallet users), the number of investors, as well as the minimal amount of investment.

You can also see each of the coins’ shares in the bucket and an overview of its performance over the said time periods. Coin sets are available for Mudrex, Binance, Binance US, and Coinbase Pro. Some of the coin sets are not available for certain exchanges.

Also, Mudrex offers two investment terms for each bucket: One-time and Recurring. Recurring investments allow you to schedule and automate the allocation of funds to the selected coin set and are only available via the Mudrex Wallet.

Mudrex Mints (currently in beta) are curated portfolios for hands-off cryptocurrency investment. The Mints are aggregated from over 10 billion combinations of strategies made by professional traders around the world. They are managed by the platform’s in-house quant team to ensure maximum possible returns while also optimizing risk.

There are three Mints available for investment: Low, Medium, and High-Risk. Each offers a different level of risk proportional to its estimated annual percentage yield.

For all three Mints, there’s a minimal $1000 investment threshold, and funds can be withdrawn at any time and in any amount.

Before investing in a Mudrex Mint, you can view a detailed breakdown of its performance with a number of factors taken into account, such as Average Monthly Return, Market Returns, Total Trades, Profit Factor, Sharpe Ratio, Average Loss & Win, and others.

You can also calculate your returns with a scroll bar and view estimated profits for the set amount of a USD equivalent for 3-month, 6-month, and 12-month terms.

Mudrex Algos are a diverse selection of ready-made curated trading algorithms built by professional traders from all over the world. The algos are completely automated and built to work over market cycles. Mudrex offers opportunities for both investment and developing and listing your own trading strategies.

Before investing in an Algo, you can read its description & core ideas behind it, see how long it’s been running, and also find out about its Performance rate on a scale of 1-10 (the higher the better).

The Algo description page also has its return, the number of investors, and fee & minimal threshold info. Also mind that certain algos are only available for certain exchanges and coins, so make sure you have those connected and ready to use before launching into an Algo investment.

Scrolling down, you can view the current algo’s in-depth performance breakdown. Each algo is backtested before it’s listed and live, so you can compare the backtested performance to live performance in the respective tabs, and also calculate your returns with a pie chart.

On the right, you can view the detailed performance figures (identical to those in the Mint section), and switch between viewing total returns and selected coin returns. Also, you can switch between Cumulative and Monthly Profit & Loss graphs.

On Mudrex, professional traders can Build, List, and Monetize their own trading strategies. For that, the platform offers an extremely easy-to-use graphic interface for building strategies out of operator blocks.

The blocks include Price, Indicator, Pattern, Compare, Volume, Trend, Ref (Reference Path), And Time. You can also introduce logical variables OR, AND, ANY, EXACT, and NOT. All elements on the working surface can be freely moved around, tweaked, and combined to your liking. You can copy & save your blocks at any time.

After creating a strategy, you can give it a Paper Run to test its performance in the real market without using any real funds. If the strategy is successful, you can then give it a Live Run and reap the benefits with your own money.

You can also Backtest your strategy here. Backtesting assesses the viability of a trading strategy by analysing how it would play out with historical data. It allows a Creator to simulate a trading strategy using historical data to generate results and analyse risk and profitability before risking any actual capital.

Once you’ve developed a strategy, you can Monetize it via the Monetize section in the left menu.

You can combine different strategies in a Bundle for a more complex approach to risk management and return consistency. If you think your strategy or bundle is ready for publishing, go to the Listing section where you can enter its name, Price per month, Min. fees per month, max. investment per investor, and overall investment limit. You can also enable Mudrex Protect, which refund any fees to the user in case the strategy loses more than the market over a month.

Finally, you can choose to list your strategy. Mudrex offers Private and Public listings. Private strategies are published without review and do not appear under Mudrex Invest. If you choose to go public, then your strategy will be reviewed by the Mudrex team before it’s allowed onto the platform. The best-performing Algos have a chance to end up in the top list on the main Mudrex page and bring huge profits to their creators.

Mudrex has a two-tier subscription plan: Basic and Premium. Basic includes all features for investment and trading crypto, while Premium is meant for professional traders seeking to create and submit their own strategies. Apart from that, the Premium plan has on-call 24/7 support as compared to the Base plan’s email support.

The platform also has a referral program that will allow you to get a limited amount of your friend’s returns.

Mudrex is one of the most approachable cryptocurrency investments platforms thanks to its minimal interface and user-friendly approach to investment. You’re not required to know anything about market movements and price dynamics — all the investment tools are constantly curated and adjusted to the shifting marketplace by the Mudrex team. However, the platform also offers a fairly solid functionality for building detailed strategies and listing & monetizing them on the platform, making Mudrex a one-stop shop for anyone into crypto investments.