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Over 500 Trading Portfolios Provide More Choices to Growing Social Trading Market
TraderWagon, the community-focused crypto social trading platform, reported 7.5 million orders were transacted and registered 150,000 users in its first year. The platform saw monthly active users grow by 63.6% on average, fueled by TraderWagon’s engagement strategy that created over 50 community activities and programs. As a result, month-on-month trading volume increased 74.2% despite challenges in the crypto market.
Community-Driven Product Development
The platform turns one in December and has in recent months introduced a series of features to improve user experience. These include:
- Copy Trading Dual mode: allowing Copy Traders to choose between a Fixed Ratio and Fixed Amount when copying a portfolio
- Lower Leverage mode: allowing Copy Traders to manually adjust their preferred leverage levels independently from the Lead Traders
- Private and Public portfolios: giving Lead Traders more control over which of their portfolios they wish to be made available for copying and are able to approve individual followers
Sticking true to its development roadmap, TraderWagon has launched its website, mobile application, and a dedicated Mini-App on the Binance Marketplace app, to make its copy trading service more accessible to crypto users across multiple platforms. TraderWagon will continue to expand the available channels for better accessibility and ease of use in 2023.
Growing Trend in Social Trading and TraderWagon 2023 Roadmap
TraderWagon saw new user signups increase 50.2% in H2 2022, and reported consistently strong trading volumes. Transacted volume exceeded $1 billion for three months, in part due to the growing number of lead trader portfolios available on TraderWagon.
There are now over 500 portfolios on TraderWagon, each offering different trading strategies and drawing on the widest range of crypto derivatives available on Binance Futures. TraderWagon integrates with Binance Futures so its users can easily and securely sign-up and trade without having to make any fund transfers as profits are directly deposited back into their Binance accounts.
TraderWagon Exclusive Activities
To mark its first anniversary, TraderWagon will be launching a trading competition on December 13, 2022. Other ongoing activities include the Community BUIDLers II-Content program and the Binance Football Fever 2022 TraderWagon Additional Sponsorship.
Follow TraderWagon on:
Website: https://traderwagon.com/
Telegram: @TraderWagonOfficial
Twitter: @TraderWagon
Reddit: r/traderwagon
Binance Live: https://www.binance.com/en/live/u/27380911
