Navigating the cryptocurrency market as a beginner can be a tough challenge, fraught with errors and ill-advised trades. Social trading is a strategy that allows beginners to observe trades by experts and to copy, or mirror all or some of these trades; allowing them to understand what goes into a successful trading strategy.
Social trading can help to reduce the initial barrier to entry in terms of experience for newer investors. This is very important to the overall increase in crypto adoption as data reveals that just a meager 1% of cryptocurrency exchange users actively engage in trading, while the other 99% have cryptos sitting dormant in their accounts.
Cryptocurrency and blockchain technology have enormous room for growth if just a little out of this 99% were to begin trading. Social trading provides a potential avenue to achieve this.
Decoin (DTEP) is a simple, regulated, and futuristic trading platform and cryptocurrency that is powered by an independent blockchain run on Proof-of-Stake (PoS) consensus algorithm. Decoin offers a trading platform with a growing set of tradable coins that is apt for beginners as well as experts.
Decoin is security-focused as 97% of the crypto assets are stored offline in cold wallets, making it impossible for hackers to steal while the remaining 3% released for operations, is insured and stored in hot wallets. Multi-layered authentication also protects trades and withdrawals from the exchange. It also offers a credit card program that allows users to utilize their crypto investments for daily purchases.
How Decoin Is Revolutionizing Social Trading With Dtrade
Aside from the fact that social trading could help investors to better navigate the volatile and unpredictable cryptocurrency market, it can also help them avoid scams while involving little to no cost.
Given the numerous benefits on offer, Decoin is revolutionizing social trading with “Dtrade”. “Dtrade” refers to the new, innovative and transparent pro-social trading platform through which expert traders can share their strategies at a reward.
Expert traders (willing to anonymously share their trade strategies and activities) will be rewarded in Decoins (DTEP).“Dtrade” is one way for the crypto community to come together and trade with real pro traders, streaming their best strategy online and live. Dtrade is easy to use, innovative, and, most importantly, social. In all, Trade pro-social trading platform has taken communicating and sharing to an all-new level.
Decoin maximizes opportunities for its users by studying the market to handpick promising investment opportunities. This is done through research analysts who scour the crypto market to study various blockchain projects. A number of these projects will be selected and the coins will be swapped for Decoin. This will be mutually invested and interested in the index and Decoin’s success. Investment-as-a-fund will raise the value of the DTEP coin in the long term, which will lead to more gains for Decoin holders. Investing in ICOs and companies in the crypto index (DCI) with DTEP coins will make users eligible to receive bonus profits from index investment cash-outs. Apart from all these, coin holders will earn a staking reward of 6.2% on their DTEP balance annually.
Decoin has a reward system for its users through the referral program which enables them to earn between 35% and 70% on every invitation made. STEP coin holders are also qualified to receive a portion of the trading fee generated by the exchange. They will receive a discount of 50% on the trading fees If they choose to pay with DTEP as well.
DECOIN’s friendly and easy-to-use secure crypto staking wallet gives the user full control of DTEP coins and also earns staking rewards likewise.
Decoin recently launched a strategic partnership with ICOBench which includes a marketing package on ICOBench as well as a marketing package included in the same cost of the listing. This is an added advantage for new digital assets wishing to be hosted on the Decoin exchange.
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