Today we’re incredibly excited to announce a new and fully redesigned Whaleclub.
Important Note: If you’re a Whaleclub v1 user with a verified email, your data has already been migrated to Whaleclub v2. You’ve been sent login information by email to access your new account.
Although much has changed, Whaleclub is still very much the friendly bitcoin trading community we all grew to love.
Below we’ve outlined Whaleclub’s new core products, improvements, how your data has been migrated, and which features from the old Whaleclub did not make the cut.
But first, a word to the awesome bitcoin community.
Whaleclub is about You
Whaleclub was built by bitcoin lovers with the incredible support, insights, and ideas of the bitcoin community.
In fact, the community guided so many feature decisions that Whaleclub today is, first and foremost, a community-built product.
This release marks a new chapter in Whaleclub’s story. We don’t treat it as final — far from it. We see Whaleclub as a foundation that we can build upon together.
As a bitcoin-only business, Whaleclub has an incredible opportunity to push bitcoin forward and participate in a massive, global revolution of how people trade, speculate, invest, and exchange value.
You can count on us to put our full force behind developing and growing the product.
You can help it grow too. If things don’t work the way they should for you, please speak up.
Tell us about the things you like, the things you hate, the things that don’t work, and what you want to see Whaleclub build next. We’re here and we’re listening!
hello@whaleclub.co
@whaleclubco
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New Core Products
Fantasy Trading Contests. Trade fantasy equity without risking your coins and win big prizes.
When you join a contest on Whaleclub, you receive a certain amount of fantasy equity. Your goal is to trade that equity to achieve a maximum return before the contest ends.
Before you start, you select which exchange to trade against. We currently support BTC-E, Bitfinex, and OKCoin USD, for the BTCUSD pair.
All the features of a traditional trading platform are available, including:
- an incredible trading dashboard
- low-latency market data with real spreads
- position sizing
- leverage (up to 500x coming soon)
- limit and market orders
- ability to set target and stop prices
- ability to split an active position into smaller positions
Contests pay out large prizes (in bitcoin) to top traders. They usually run for 30 days, require an entry fee, and have a limited amount of spots available. Prizes go out to the top 15%-25% of traders. You’re always guaranteed to recoup your entry fee if you’re part of those top traders.
All trades made in contests are private by default, but you can choose to selectively share them.
Your performance and ranking are publicly accessible on the contest’s leaderboard.
At any time during the first half of the contest, you can reset your equity (by paying a fee) if, and only if, you’re at a loss. This will reset your equity to the equity you started the contest with (at a 0% total return).
Freeplay. Trade fantasy equity, get ranked, and subscribe to traders for real-time trade signals.
If you were previously using Whaleclub Signals, you’ll feel right at home in Freeplay. Here, traders can subscribe to you and receive real-time trade signals both when you enter and exit a position, by email.
Trading happens exactly the same way as for paid contests, except that entry is free and there are no prizes. Your performance and rankings are tracked in detail on weekly, monthly, quarterly, and all-time leaderboards.
Partner Program. Get paid for helping Whaleclub grow.
The Whaleclub Partner Program is one of the most lucrative affiliate programs in the industry.
Refer a user and get 40% of their entry fee when they sign up to a paid contest. That’s $4 in bitcoin for the current League of Whales contest.
Funds are automatically sent to your bitcoin address the moment the user joins the paid contest. Whaleclub never retains any user funds.
Trade ideas. Browse charts and analysis about the bitcoin markets.
Over 90,000 trading ideas have been posted or collected on Whaleclub. Most of these are charts provided by our partner TradingView. You’ll soon be able to post your own ideas directly too. You can filter ideas by a specific user—for example, check out SpyderCrusher’s ideas.
Technical Improvements
A lot has changed in the way things work behind the scenes. For the most part, performance and speed have been greatly improved. Also:
- layout across all products has been optimized for a great mobile browsing experience
- sharing positions and ideas is now cached and blazing-fast, and does not wait for the rest of the site to load (example)
- improved commenting system powered by Disqus (example)
- ultra-low-latency market data including bid, ask, and last price queried every 1–2 seconds across multiple exchanges
- optimized fantasy trading engine that simulates real market conditions
Data migration from the old Whaleclub
- all your charts and ideas have been migrated to your new account
- all your verified subscribers have been migrated, one for one
- your Whaleclub Signals performance over the past 3 months has been migrated. Since position sizing was not previously supported, we set a 20% position size for each of your closed positions prior to migrating them.
Deprecated features
Products from the old Whaleclub that are not in Whaleclub v2:
- alerts
- futures settlement times
- live price charts and technical analysis
- protips
- Whaleclub Daily
- sentiment
- multi-chart layout
- multi-exchange orderbook
- Whaleclub Radio
- Whaleclub Live
- Facebook, Twitter, and Google+ sign in
The old Whaleclub will be decommissioned on December 1, 2015, but will remain fully usable until then at old.whaleclub.co. If you think we should keep any of the products above, ping us here and we’ll do our best to keep them online or focus on building similar services.
The company
Whaleclub has transitioned to new ownership with a new management and operations team. We’re proud to be, and always remain, a bitcoin-only business.
