Cryptocurrency Industry
Steaker Founder Aims to Make Crypto An Economic Force in Taiwan’s Future
Taipei company is committed to making crypto investment easy for a new digital generation, helping them grasp every opportunity to make a profit possible
Cryptocurrencies have been around for about a decade, and many investors believe they will be an economic force in the future. Although some people think they are just a passing trend, others see them as a way to build wealth.
Wilson Huang (黃偉軒), founder and CEO of Steaker, is one of them. He believes blockchain marks a crucial milestone for the next Internet evolution, which will be full of “opportunities” you can take advantage of.
“The cryptocurrency industry is getting increasingly international, so it is hard to separate Taiwan from the global market,” he said, stressing that the world of crypto is “constantly changing.”
Still, Steaker can keep pace with this evolution, he added.
Last year, the investment company built a one-stop cross-chain aggregator — XY Finance, that sold 10,000 NFTs. Steaker also successfully developed the P2E saga GalaXY Kats based on GameFi.
The three sectors — Decentralized Finance (DeFi), NFT, & GameFi — operate competently under Steaker’s comprehensive ecosystem umbrella. “With these product lines, we aspire to build the necessary infrastructure in the world of Web 3 and Metaverse,” he added.
Allowing for Secure and Anonymous Transactions
Cryptocurrencies are the future of currency. They allow for global transactions without borders or restrictions, which makes them perfect for investing if you want freedom over your investment strategy.
“We aim to make crypto investment easier,” remarked Huang, who made his goal to provide products and services that allow newbies to engage in crypto investment with ease. To this end, Steaker offers various portfolios that cater to users’ varying appetites.
“Whether you are a crypto beginner and veteran alike, you can be assured to leave the complex trading strategies to us, and we’ll have them covered,” he continued.
The company provides easy-to-understand tutorials to help newbies take their next steps into the crypto world. Steaker has also created a Line community group chat to help smooth their way through the investment.
“We have also developed a new UX & UI for our app and Website to allow newbies to allocate their digital assets within 3 minutes,” he added. “It is just like a walk in the park.”
Offering Stability in Times of Market Volatility
Cryptocurrencies are also a great way to invest during times of market volatility. They offer stability and security in an unstable world where traditional investments may not be so profitable anymore.
Steaker products and services include a rich diversity of portfolios with different levels of risk and attributes and a mighty multi-currency wallet that enables demand deposits. The company’s auto-invest plan reduces human control & error to the minimum.
“Our swap function also makes crypto exchange easy, “ he continued. “Our team has a vast pool of knowledge and hands-on experience in blockchain technologies.”
This has helped Steaker to tap into nearly a hundred crypto-profitable strategies, including stablecoins lending, DeFi arbitrage, and more. Stablecoins are a great way to get involved in the cryptocurrency markets without having an extensive investment portfolio.
“We developed AI robots to automatically detect and acquire market signals, provide over ten built-in major indexes, monitor over 400 markets in real-time, and grasp and pounce on arbitrage opportunities, Huang said.
The system provides users with diverse and profitable strategies that help optimize their allocation of assets. “As we introduce the smart risk management system, we can flexibly apply various trading strategies to users’ digital assets to minimize risk and maximize profits with compound interest,” he added.
An Easy-to-Use Investment strategy
Lastly, cryptocurrencies offer many benefits that make them a popular and easy-to-use investment method. Steaker is a state-of-the-art digital asset management platform that opens up a new era of cryptocurrency.
The company is committed to making crypto investment easy for users worldwide. It is steering the digital generation towards the gateway into the crypto market, helping them grasp every opportunity to make a profit.
“In 2020, we got selected to join AppWorks — the leading startup accelerator in Asia, which was quite special recognition for us,” Huang went on. “Later in 2021, in less than two years since Steaker was born, our asset under management (AUM) surpassed US$50 million worth of crypto assets.”
While pursuing steady profits, Steaker places great importance on asset security. That’s why they partnered with a trusted 3-party custodian called CYBAVO and set up a SAFU insurance mechanism with over NT$10 million reserves.
Recently Steaker also qualified as a Money Service Business (MSB) by the U.S. Financial Intelligence Unit — FinCEN, adding an extra layer of security to users.
“We survived a bear market from September 2019 until now and gained the highest APY of 212% in the bull market last year,” he concluded. “This year, we are still striving to adapt to another bear market, hoping to maintain stable profit for our users. And now, on behalf of our investors, the AUM has accumulated over US$60 million worth of cryptocurrencies.
