Supplier News
UK – TradeFight claims industry first
By Phil - 3 December 2013
A new social gambling platform, TradeFight, has launched claiming to be an industry game changer as it brings gambling and financial trading together in a unique and innovative way by allowing players to challenge each other and bet on real financial data which powers the TradeFight games.
The first of its kind, TradeFight offers three different games based on live feeds from the financial markets; Trade Fight, Speed Trade and soon to launch, The Predictor. The popular, Trade Fight, sees players challenge one another to a head-to-head contest. Once the challenge is accepted, players have 5 minutes to trade in a live market with $1,000 virtual cash. The player who has the highest sum after the contest is over, wins the fight and the bet. This unique concept is a safe and exciting way to gamble and play like a real trader as the use of virtual currency means players are only risking the bet that is placed.
By delivering great odds, high returns and engaging high quality graphics, Speed Trade is based on the market movements in the next 30 seconds. This simple yet exciting game requires the player to think fast and trust their instinct with the initial stake starting from as little at €0.50. To add to this innovate portfolio TradeFight will soon be launching The Predictor, a 3 reel, 3 line slot with a progressive jackpot.
TradeFight COO Afshin Ertanin said “Of all my previous years in the online industry I have never worked with anything like this. The platform is one of a kind, creating a desire for something different from the usual gaming offerings and also creating simple and fun games based on the financial markets, furthering its unique offering. We are really looking forward to watching this grow and become an industry leader.”
Following its official launch on December 1 2013, TradeFight is the first to introduce an online platform to combine gambling and financial trading in such a way that the risk of trading is limited but the excitement of the trading challenge is maintained. By removing the random number generator used by the majority of the online gaming industry today, TradeFight aims to provide 100 per cent security and removes all risk of manipulation in its games by using live financial market data.
