Features of Tycoon that make it the best platform for followers to copy Strategies
It will not be an overstatement to say that virtually everyone that are into cryptocurrencies trading are doing so with the intention of making profits. However, not everyone has the time or resources to make complex research or data analysis about the market situation. The ones that have the time usually do not know where to start because they are new to the market. People like this often look for a way to invest in cryptocurrency as successful as possible without much effort.
Followers on Tycoon are the investors who either lack the time to make their studies about the market or are new to trading. Using Tycoon as a follower is easy, just log on to the platform to find a suitable trader based on your preferences and copy such trader’s strategies.
We designed Tycoon to meet the need and requirements of all users, whether they are followers, Pro Traders, or Demo users. Our mission is to help you build your portfolio and enjoy all the benefits that the biggest exchanges have to offer in one place. Therefore, as a follower, the benefits you will have access to on the platform include;
Optimum Support in Selection of Traders
For followers to obtain an overview of traders on Tycoon, they are classified into several categories as seen in the table below. Certain requirements must be met before traders can progress to a higher level. Check the table below for the characteristics of each category.
Aside from this, additional data like return, number of trades per week, number of posts, number of followers. Risk management and risk level are presented for the follower in an organized structure.
Flexibility in Following
On Tycoon, the profile of each trader can be filtered based on such trader’s number of followers, activity, conducted trades, rate of returns etc. therefore, users have freedom to pick the dollar amount they would like to dedicate to copying and following a trader. The whole process of following and copying a trader is automatic and user retain full control of their asset – they can stop following a trader or switch to another trader as they deem fit. Users on Tycoon are in control at all times.
Stop-loss
This measure is put in place to protect our users from catastrophic losses. The stop-loss feature function represents a further safety aspect that stops the following of a trader as soon as the set capital falls below a value determined by the follower. The algorithm calculates the total value of the allocated capital including all trades still open. If the value falls below this limit, all open orders are canceled and the entire trading volume of the follower is exchanged back into the base currency. The stop-loss feature is easy-to-use and can be set individually for each trader.
Join tycoon.io; explore an ever-expanding variety of cryptocurrencies and let our professional traders take care of your portfolio. One thing is sure, you will glad be you did!
Our website: https://tycoon.io
Join our Telegram: t.me/Tycoon_Official
Other official channels:
Linkedin
Github
Twitter
Youtube
Facebook
Instagram
Medium
bitcoinwiki
Bitcointalk
Reddit
