Article promoting Traderwagon Copy Trade platform on Binance

The series “Traderwagon Copy Trade platform on Binance” for investors includes the following sections:

  • What is Traderwagon? Review Copy Trade Binance leading platform

  • Instructions for registering a Traderwagon Account linked to Binance to Copy Trade

  • Instructions for Copy Trade on Traderwagon and how to choose excellent traders

  • Instructions to become a Lead Trader on Traderwagon

In today's article, you and I are in the section "What is Traderwagon?" Review Copy Trade Binance leading platform” to help you decide whether to use this platform to Copy Trade or not?

The article is divided into 2 parts:

  • Part 1: Detailed review of Traderwagon information

  • Part 2: Summary of general assessment of advantages and disadvantages of Traderwagon platform

Part 1: Detailed review of Traderwagon information on Binance Copy Trade platform

1. Introducing the official partner Traderwagon platform with Binance

Copy Trading is a new trend in the Crypto market. in which inexperienced Copy Traders can copy and trade Lead Traders to earn profits together as well as learn trading experience. See more: What is Copy Trade? Instructions for choosing an excellent Trader to Copy

TraderWagon is a new Social Trading platform with high liquidity right on Binance and easy to Copy with just 1 Click. TraderWagon has listed most of the Crypto Contract pairs that Binance has supported

Use code Code zoh6mp7 when creating an account to get 5 % transaction fee discount instead of registering directly

As the Crypto market capitalization increases, a Social Trading like TraderWagon along with Binance will help develop a larger community of Traders.

2. TraderWagon includes 2 objects: Copy Trader and Lead Trader

The technology of TraderWagon will connect Lead Traders and Copy Traders. Lead Traders will place their orders and Copy Traders will select the trades they want to copy as their own.

Copy Traders are people who do not want to trade themselves but want to copy the trade orders of Lead Traders.

● Maximum copy portfolio: 10 ● Investment amount: minimum 100 USDT ~ maximum 50,000 USDT or equivalent crypto assets

Lead Traders are traders with a lot of experience and trades that bring good profits. And they want to cooperate with Copy Traders who have capital but no trading skills to make money together and share risks with each other.

● Maximum Lead Trader portfolio: 6 ● Minimum initial investment amount: 500 USDT or equivalent crypto asset ● Number of copiers per portfolio: from 100 to 250

Profit sharing structure between Copy and Lead Trader:

  • Lead Trader: Can receive up to 10% of the profits of those who copy their transactions

  • Copy Trader: A 10% fee will be applied to the profits they make from copy trades.

3. TraderWagon trading costs are based on Binance trading fees

All orders will be executed as Taker, fee structure as shown below:

4. Why use TraderWagon?

TraderWagon uses Binance API to connect directly to Binance liquidity - the largest Crypto exchange in the world today. Traders can easily and manage copy trades without having to transfer funds out of their Binance wallet.

All trading will be done on Binance Future. The funds do not need to be transferred out of Binance, but essentially Binance creates an isolated Traderwagon wallet right on the Binance exchange. Profits will be transferred directly to your Binance account. This means you don't have to bear wallet transfer fees or risk losing money due to errors related to Traderwagon

Summary of general assessment of advantages and disadvantages of Traderwagon

Advantages of Traderwagon

  • Although it is an independent project, with capital investment and support from Binance, sooner or later TraderWagon will dominate the Copy Trade market.

  • Supports convenient Social Trading app.

  • Information is transparent and clear

  • TraderWagon is linked to a Binance account for easy, secure and convenient money transfers and asset management.

  • The TraderWagon team provides enthusiastic support 24/07, quickly and with top security

  • Copy trade on TraderWagon with a cheap fee of 0.05%.

  • Earn up to 10% commission for referrals.

  • User interface is convenient and easy to use.

  • The referral system offers up to 15% commission on each transaction made.

  • TraderWagon's Smartx feature allows users to open their own trading website.

Disadvantages of Traderwagon platform

  • Because this is a platform linked to Binance, to Copy Trade you need to have 2 accounts linked together, Binance and Traderwagon.

  • A Copy Trade order is a Market, so the transaction fee will be higher than a Limit order

Next article: Instructions for registering a Traderwagon Account linked to Binance to Copy Trade

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Wishing you success