London, Dec. 23, 2021, ZEXPRWIRE, Social Copy Trading Platform CopyCash to announce IEO campaign which will be carried out simultaneously on a multiple exchanges. The project uses Binance Blockchain to ensure transparency and leverage financial safety and security in managing Decentralised Finance (DeFi) assets by providing smart contracts with to-be respected agreements for the investment process.
These days, everyone is familiar with social networks, but social trading is only gaining popularity in the world. The opportunity to receive income from investing free funds without having any professional trading experience sounds very attractive. What is social trading? How does it work? How can you make money from it and not lose anything? What are the pros and cons of this new, emerging technology? How do you choose a profitable trader and/or strategy and not be disappointed with the result?
Social trading, a relatively young concept in trading, has not gone unnoticed amongst beginners and experienced conservative investors. It involves the online margin trading field in the cryptocurrency markets as well as forex, stocks, contracts for difference (CFD’s) and other assets.
In short, social trading is a way of interacting on a social network created for traders. Such a specialised network allows users not only to communicate and exchange their trading ideas, but also to trade crypto, stocks and currencies together. Usually, such projects have a built-in functionality for trading in various financial markets and to provide an opportunity to share the results of their trading, share charts and trading signals.
“We combine the best practices of DeFi and traditional finance to create the most advanced social copy trading platform for traders and investors,” stated Herman Konstantin, Chief Executive Officer of CopyCash.com.
CopyCash is the first hybrid decentralized social copytrading platform. The hybrid model implies the use of a smart contract for project management and transparency of all operations, as well as a centralized structure to provide access to traditional financial markets. Such a unique scheme of operations allows everyone to simultaneously have access to the liquidity of DEX exchanges, as well as CEX exchanges, stock markets, foreign exchange markets (forex), CFDs, metals, commodities and much more. Traders get the opportunity to trade on their own, as well as attract investors to increase their profits. Investors get the opportunity to select the best traders from the rating and automatically copy their trades.
The main advantages of the CopyCash platform:
• Transparency: thanks to the use of a smart contract to control transactions, all operations are as transparent as possible
• Wide array of markets: by aggregating decentralized and centralized liquidity, CopyCash simultaneously provides access to an unprecedented wide range of trading instruments.
• Low fees
• Decentralized and centralized finance: cryptocurrency wallet and traditional plastic payment cards.
• Complete safety: traders never have any access to investor funds. CopyCash team constantly monitors the reputation and activity of traders in order to minimize risks.
The CopyCash system will allow professionals to gain access to aggregated liquidity and a wide range of trading tools. Beginners will enjoy a convenient interface for a simple selection of the optimal trading strategies for automatic copying. In addition to this, all users will be able to discuss current market dynamics, new events, trends, popular topics, and tap into an expansive knowledge base of proven investment strategies, portfolios, and user-generated content.
As part of the crowdfunding campaign, the CopyCash project issues CASH tokens. The initial cost of one CASH token is 0.07 USD.
CopyCash has already revealed a number of upcoming new services, including social copy trading platform, crypto wallet, and plastic card issuance for CopyCash customers.
Founded in 2021, CopyCash project is based on the idea of creating a modern platform to build bridges between the world of traditional finance and the world of cryptocurrencies, providing its users with the highly sought tools for trading and investment. The project team includes experienced developers, managers and traders.
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