Early Bitcoin Millionaire Jered Kenna Loses His Love for ...

Jered Kenna: Tradehill founder partnering with Broker Dealer and launching new platform on TradeZero

My name is Jered Kenna, in 2011 I founded Tradehill; the first US based Bitcoin exchange.
After Tradehill closed it's doors I designed a platform to facilitate off market trades. As a trader and exchange operator the Bitcoin side has never been a problem. The difficulties in the digital currency world have always involved the banks.
With the goal of bringing more speed and liquidity to Bitcoin I've partnered with TradeZero; a licensed broker dealer. US Dollars and other national currencies are held in a reputable international bank. The Bitcoin is secured with Bitgo at no additional cost to our users.
There are currently three ways to trade with us.
Transfer: If you simply want to send currency to someone else on the platform type in their email address or account number. The transaction is instant and non reversible. 0.2% flat fee for the sender.
Direct Trade: Essentially a two way transfer. Use this if you have a preexisting relationship with someone whom you would like to trade. Enter their email or account number followed by the trade details you would like to propose. For example “700 USD for 1XBT(BTC)”. The other party will then be asked to either accept or reject the trade. Upon acceptance the trade will instantly close and be settled. Either party can cancel the trade until that point. Trades are final and there is a 0.2% fee for the initiator.
Dark Pool: Much like a common floating exchange with a few key differences. There is an order book with bids and asks but it is not visible. There is only one order type. Bids and asks are filled at the price requested. The biggest advantage is the ability to move large trades without disturbing the market. If you're looking to make a large buy or sell you can do so without tipping your hand. On a typical exchange a large sell would drive the price down resulting in a worse price for the seller. Conversely a large buy order would raise the price. This is known as slippage. There is no fee on the dark pool. Currently there is a .2% minimum spread for orders to close.
Launch and perspective clients. Our original launch announcement was in August. http://www.reuters.com/article/us-bitcoin-trading-darkpool-idUSKCN10M1ZA . Unfortunately around the launch date details were becoming available on the Bitfenix hack. Bitgo began to make changes and we decided to take advantage of the fact that we were just getting started. We halted our launch and began to modify the platform to be more secure and improve the user interface. All of the modifications are complete and have been thoroughly tested.
TradeZero is open to everyone that is interested in opening an account with $10,000 or more in USD or Bitcoin. TradeZero accepts high net worth individuals, businesses and institutions. Please note that the stock trading portion of TradeZero is not open to US citizens. The digital currency side is.
Go to tradezero.co to begin the on-boarding process or speak to a real person if you have any questions.
Regards,
Jered Kenna
TradeZero
submitted by jeredkenna to BitcoinMarkets [link] [comments]

Jered Kenna: Tradehill founder partnering with Broker Dealer and launching new platform on TradeZero (xpost from /r/bitcoinmarkets

My name is Jered Kenna, in 2011 I founded Tradehill; the first US based Bitcoin exchange.
After Tradehill closed it's doors I designed a platform to facilitate off market trades. As a trader and exchange operator the Bitcoin side has never been a problem. The difficulties in the digital currency world have always involved the banks.
With the goal of bringing more speed and liquidity to Bitcoin I've partnered with TradeZero; a licensed broker dealer. US Dollars and other national currencies are held in a reputable international bank. The Bitcoin is secured with Bitgo at no additional cost to our users.
There are currently three ways to trade with us.
Transfer: If you simply want to send currency to someone else on the platform type in their email address or account number. The transaction is instant and non reversible. 0.2% flat fee for the sender.
Direct Trade: Essentially a two way transfer. Use this if you have a preexisting relationship with someone whom you would like to trade. Enter their email or account number followed by the trade details you would like to propose. For example “700 USD for 1XBT(BTC)”. The other party will then be asked to either accept or reject the trade. Upon acceptance the trade will instantly close and be settled. Either party can cancel the trade until that point. Trades are final and there is a 0.2% fee for the initiator.
Dark Pool: Much like a common floating exchange with a few key differences. There is an order book with bids and asks but it is not visible. There is only one order type. Bids and asks are filled at the price requested. The biggest advantage is the ability to move large trades without disturbing the market. If you're looking to make a large buy or sell you can do so without tipping your hand. On a typical exchange a large sell would drive the price down resulting in a worse price for the seller. Conversely a large buy order would raise the price. This is known as slippage. There is no fee on the dark pool. Currently there is a .2% minimum spread for orders to close.
Launch and perspective clients. Our original launch announcement was in August. http://www.reuters.com/article/us-bitcoin-trading-darkpool-idUSKCN10M1ZA . Unfortunately around the launch date details were becoming available on the Bitfenix hack. Bitgo began to make changes and we decided to take advantage of the fact that we were just getting started. We halted our launch and began to modify the platform to be more secure and improve the user interface. All of the modifications are complete and have been thoroughly tested.
TradeZero is open to everyone that is interested in opening an account with $10,000 or more in USD or Bitcoin. TradeZero accepts high net worth individuals, businesses and institutions. Please note that the stock trading portion of TradeZero is not open to US citizens. The digital currency side is.
Go to tradezero.co to begin the on-boarding process or speak to a real person if you have any questions.
Regards,
Jered Kenna
TradeZero
submitted by jeredkenna to Bitcoin [link] [comments]

ZapChain Interview with Jered Kenna, Early Bitcoin Investor and Entrepreneur YouTube The Bitcoin Show - Episode 002 - Jered Kenna, Tradehill.com Bitcoin Has Traditionally Been Volatile: Kenna Why US Regulators Should Go Easy on Bitcoin

Jered Kenna. Jared Kenna, the young millionaire, started his bitcoin investments by buying the coins for as low as $0.20 each. When a few years later the worth of each bitcoin became $258, he sold ... Bitcoin millionaire Jered Kenna purchased his first batch for $0.20 a piece. He traded them for approximately $258 a piece. This was just the first batch of coins. He lost approximately $200,000 in 2010 when he reformatted his drive. Something that can happen when you are dealing with cryptocurrency he did not worry about the loss, though he would not disclose his actual worth. Facebook ... Bitcoin pioneer Jered Kenna has teamed up with online broker dealer TradeZero to create the world's first dark pool exchange for Bitcoin and eventually other digital currencies. Dark pools are the name given to private exchanges or forums for trading securities, which facilitate very large orders Kenna was so early in bitcoin that he remembers when he would plug his computer into the network and see only four other computers running it. Now, there are more than 5,000. Computers supporting ... Kenna, who is 37, said he owns only half a Bitcoin, valued at about $4,000. He used to hold thousands, initially bought for cents on the dollar, and headed TradeHill Inc.-- the U.S.’s first ...

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ZapChain Interview with Jered Kenna, Early Bitcoin Investor and Entrepreneur

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Bitcoin Worldwide Exclusive: New Competitor to MtGox: http://TradeHill.com Use Referral Code: TH-R141 for a 10% DISCOUNT FOR LIFE! Entrepreneur, investor and early Bitcoin thought-leader Trace Mayer sat down with Money & Tech's Jered Kenna to talk about all things Bitcoin and digital currency, including the current state of ... SmartMoney Silicon Valley 2014 mashup Bitcoin with Jered Kenna CEO Tradehill; Bill Tai Partner Charles River Ventures; William Quigley Managing Director Clea... Video interview with Jered Kenna, TradeHill and Bitcoin.com, CEO & Charlie Shrem, CEO BitInstant.com @ Future of Money & Technology Conference. April 25, 2012 For further info check out https ...

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