Minimum Deposit Requirements for Lead Trader Portfolio Reduced to $1,000
Seychelles, 20 January 2022 — TraderWagon, a social and copy trading platform with over 100 trading pairs from Binance Futures, is introducing new Lead Trader Benefits to enhance the experience and rewards for Lead Traders.
To make copy and social trading more accessible, TraderWagon is also reducing the portfolio requirements for Lead Traders. Now, each Lead Trader can open a portfolio with a minimum deposit of $1,000 (USD or equivalent). This will help bring greater participation between Lead and Copy Traders and encourage development of the crypto trading community.
Upgraded Lead Trader Benefits
Effective today, Lead Traders will enjoy the following benefits:
- 10% profit-share from copy traders’ total profit
- 10% commission kickback from copy traders’ trading fees
- 50% rebate on trading fees for the first 3 months*
*50% rebate applies when ROI is positive every 30 days
Benefits of Copy Trading on TraderWagon
Copy trading is a fast-growing area, where the trading activities of Lead Traders are copied by other traders (“Copy Traders”). Lead Traders are usually experienced traders with a track record of profitable trades.
TraderWagon’s technology connects Lead and Copy Traders’ portfolios. Lead Traders create their individual trading portfolio from which Copy Traders choose the ones they wish to copy in their own portfolio. When a Lead Trader opens a position, it is automatically replicated in the Copy Traders’ portfolio.
TraderWagon is an approved broker of Binance Futures and all trading are executed on Binance Futures platform. This means funds remain securely kept on Binance and profits are credited directly into traders’ Binance accounts. Traders therefore do not incur transfer fees or risk misplacing funds due to manual error. Commission and other incentives are distributed directly to the Lead Traders’ spot wallet on Binance.
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