Tradelize: Bridging the Gap Between Professional and Retail Traders
Tradelize is a global cryptocurrency ecosystem and a suite of services that allows the token holders to trade their crypto assets with confidence and make smarter investments by harnessing the wisdom of the smart crowd. Tradelize’s goal is to lower the barriers to entry into crypto investment markets by providing tools that make crypto-trading opportunities accessible to professional and mainstream users.
Tradelize Traders’ Network
Trading is the heart of the cryptocurrency industry. However, buying and selling cryptocurrencies on a regular basis is not for everyone. Given the volatility of the market, it is easy to get caught up in emotion and make hasty decisions that can lead to the loss of funds. This mainly happens among retail investors who think they are venturing into this branch of industry in order to easily earn their lives. To solve this problem, Tradelize has built a platform that allows the token holders to trade their crypto assets with confidence and make smarter investments by harnessing the wisdom of the smart crowd. Tradelize Traders Network is a platform created by traders and investors with more than 50 years of combined experience in the world of trading that allows you to learn how to trade if you were a novice or on the contrary, experienced traders can make their skills available and earn based on their investment rating.
The Tradelize ecosystem includes three products for efficient trading and investment:
- Tradelize Traders’ Network
- Tradelize Terminal
- Tradelize Mobile App
- Traders` network, both for beginners and professionals.
- A wide range of services to suit every need, for all kinds of users (mobile PC. Web)
- Functionality is more full than on the added exchanges themselves.
- Technical and social opportunity to grow from a private trader to a hedge fund
- Not the largest number of connected crypto exchanges.
- Paid professional functionality.
- Ability to trade, only with binding to the connected exchange via API keys
How Does It Work?
Tradelize is like a social network of traders in which professional traders make their expertise available to allow beginner traders to better set their strategies. This creates a win-win situation that benefits the whole community, experienced traders earn additional profits based on their performance and how many people follow them while the less experienced can enter the world of trading by reducing the risk of beginner mistakes. Furthermore, having created a user interface very similar to that of a social network, the platform is easy to understand and guarantees an experience different from the classic platforms with charts and incomprehensible candles for those who are beginners.
To get started you need to create your own profile. After completing this step you will need to connect your API keys from the exchanges that you usually use to trade. Based on real trades, Tradelize builds statistics, according to which other users of the traders’ network determine the trader’s success.
Each user, therefore, has his own rating based on his own performance which he can use to further monetize his abilities. Using the Tradelize Score function, in fact, you can select the best traders, subscribe to their channel (for a fee) and track their trades and positions.
Another method used by traders is that of mirroring. This function allows you to copy the trading strategies of expert users in exchange for a fee pre-established by the trader himself. The Tradelize interface then allows you to keep track of the individual statistics of each function used, whether mirroring or the paid channel.
The other two main features of the platform are the Crypto Terminal and the Mobile App. The latter is simply the mobile version of the platform that allows you to have access to the Tradelize ecosystem at any time and from anywhere in the world. On the other hand, Tradelize Terminal is a crypto trading terminal of institutional quality with direct access to the major crypto exchange such as Binance, Bitfinex, Huobi, OKEx, Kraken, BitMex and more. Thanks to this terminal, users can access a unified interface and a single portfolio for all exchanges.
After connecting the API keys, traders will be able to place orders both on the spot market and contracts on any exchange but from a single interface. Users can also take advantage of the Arbitrage Finder to find the best prices on the market. This window displays all the necessary currencies on the selected exchanges. Level II, which has been modified into a tree of orders and a Watch List, which functions as a full-fledged screener, will also help in this.
This product is suitable for individual traders, private trading companies, and funds. In fact, you can create sub-accounts that allow you to manage your company’s traders by distributing capital to them and keeping track of their operations thanks to the Order Monitor window. Managers can set up individual risk management and activity statuses for each sub-account such as active, inactive, only sell or cancel, and no trades.
Fees, Support and Security
All of these functions clearly come at a cost. Tradelize takes a 10% commission on paid services offered by users to subscribers. Considering the vastness of the services and the resulting advantages, it is a rather low commission. Now let’s move on to the management of security and withdrawals. Tradelize keeps sensitive data separate from any information involving trade, web portal servers, etc… In this way even if there were breaches, it would not be possible to connect any sensitive information with the identities of the users. In each period, if necessary, only necessary data is downloaded from closed secure storage. In the same sensitive data storage, all data is encrypted and decrypted on-the-fly when accessed. And if problems develop, support is still available 24 hours a day, 7 days a week to assist its users.
Tradelize has built a unique platform that allows experienced Traders to be remunerated by sharing their knowledge and educating novice traders. The company has also developed a complete terminal that can also be useful to companies or funds to manage their traders.