It’s a good time to be a TycoonSocial trading app Tycoon is announcing their monthly Trader Competition. Cryptocurrency traders using the API-based copy-trading platform will automatically be given the chance to be among the recipients of 150,000 TYC tokens shared. There will be 6 winners – a culmination of the top 3 traders with the highest P/L and top 3 highest number of followers. Running monthly, the competition will begin March 1st. Winners will then be announced on the 1st of every following month, which is when the contest resets and starts again. Additionally, Tycoon will be running an airdrop of 50,000 TYC, where any traders who gain at least 1 new follower in March, will be eligible.
Advantages For TradersTraders, known on the platform as Tycoons, are experienced investors and traders in financial markets. By trading with Tycoon, traders can fulfil their objective of maximising their profits while building a large following, therefore maximising the profits of the entire Tycoon community. Tycoon, integrated with Binance, is unique as it utilises liquidity that already exists on the biggest exchanges. All copied trades are made through an API linked to the trader’s preferred exchange. In doing so, Tycoon users retain control over their finances without the need to transfer them to another platform. Better yet, the platform is completely free to use for a limited time! Using a copy trading crypto platform like Tycoon, could be the solution to getting into trading if you are a bit sceptical of crypto. Copy-trading simply enables new traders to make decisions through the eyes of those more experienced. As a preventative measure, Tycoon has several measures in place to detect and exclude fraudulent activity and traders to provide a safe place for all users.
Become A FollowerIf your aim is to create the maximum success possible investing in crypto, while putting in a small amount of effort, becoming a Follower on Tycoon is right up your alley. Followers may not have time to embark on studying complex markets, or are completely new to trading. Tycoons can be filtered through and selected via logging in to the platform, finding suitable traders based on their preferences and strategies and then hitting the Follow button. All trades are captured and processed by the platform in real time, and are part of strategies that have genuinely been made by Tycoons on their own portfolio. Tycoon collects, verifies and presents the past trading results of a Trader in order to help you to choose the right one. Another safeguard for Followers is the optional stop-loss feature. This safeguard automatically unfollows a trader once the follower’s allocated capital falls below a predetermined value, set by the Follower.
Crypto, while a mystery to many, can also be very rewarding with the right moves. Traders operating as Tycoons should begin building their portfolio and gaining a following from now in order to improve their chances of winning a share of 200,000 TYC. $TYC will soon be bridged to the Binance Smart Chain, so there is no better time to get involved! This new monthly competition is just the start to what Tycoon has to offer. An upcoming profit sharing system will soon be introduced, where traders will earn a percentage of the profits made.
To keep up to date with all things Tycoon, and be the first to see competition winners, follow their Instagram, Twitter, and Telegram.
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
