- Quant trading has been quite popular, owing to its unique concept and strategy.
- Its operating system, Overledger, integrates multiple DLTs from various blockchains for speedier and efficient growth.
- Its unique strategies, which comprise Alpha, Primitives, and Unconventional Risk Models, make Quant different from its peers.
Since its launch in 2018, Quant (QNT) cryptocurrency trading has gained much momentum. During the current market downturn, this Ethereum token has surpassed the rest of the cryptocurrencies. Investors are in awe of quant trading in crypto, which is both challenging and different from digital currency trading.
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What is Quant?
Broadly speaking, Quant is an Ethereum-based token, aiming to connect distributed ledgers across various blockchains, for faster, more efficient growth.
The backbone of the Quant project is the Quant Network as a technology, which uses the Overledger operating system.
Touted as the first OS to be built for blockchains, this Overledger system immaculately functions between multiple blockchains and networks, particularly institutions that are engaged in providing financial services, healthcare facilities, etc.
How does Quant work?
Overledger, Quant’s operating system, is designed to be both developer as well as regulator friendly. Here, developers can design and build easy applications on the said system, interacting with countless DLTs, i.e., multiple distributed ledger technology, plus, other applications on the same DLT.
Developers must pay for utilising Quant’s platform and services with the Quant token. The more the apps are built on the Overledger, the more price gain is witnessed by the network.
How is Quant crypto different from others?
Generally, while mechanics of all the cryptos are like each other, Quant crypto makes use of unique and distinct technology, making it stand apart from other cryptocurrencies.
Its strategy can be categorised into the following three:
- Alpha: Quant is the first digital asset class to launch a new native source of alpha, i.e., the surplus return of an investment in relation to the benchmark index’s return through blockchain datasets.
- Primitives: This second unique strategy of Quant is to make predictions and forecasts relating to the market scenario, thereby implementing actions, and designing strategies based on the said predictions.
- Unconventional Risk Models: Ever since its launch, Quant's strategy makes the effective use of risk management for various price-related approaches like hedging, volatility, etc.
Where can one trade in Quant?
Some of the well-known crypto exchanges which deal in Quant are Coinbase, Binance, Bithumb Global, Fatbtc, Bittrex, Hotbit, and many more.
At the time of writing, on 22 October, Quant (QNT) was trading down by 0.6% at US$290.14.
Trading in Quant crypto, though different, and challenging, is both regulator and developer friendly.