Categories: EducationFAQ

What Is Tradelize?

Trading is an integral part of the cryptocurrency ecosystem. Investors and speculators buy, sell, and trade cryptocurrencies on a regular basis. Tradelize wants to up the ante by giving regular holders the ability to achieve similar trading results compared to skilled professionals. 

The Concept of Tradelize

Although it may sound a bit confusing at first, Tradelize is a very simple idea. It allows users who usually don’t dabble in cryptocurrency trading to earn more money by giving them the right tools. This should result in higher profits for investors, whereas pro traders can experiment with these same tools. Leveling the playing field in the world of cryptocurrency trading will not be easy, but it’s not impossible either.

The Tools to make it Happen

Tradelize is building a cryptocurrency trading terminal that is both easy and accessible. Through this interface, users can trade cryptocurrencies across major global exchanges. It is a bit similar to how most people already trade in 2018, but for non-traders and novice users, this could very well be an option worth checking out. There are never any guaranteed profits when it comes to cryptocurrency trading, though, as this market remains incredibly unpredictable.

Additionally, Tradelize will expose non-traders and novice users to trading strategies used by top-rated professional traders. This allows users to rely on other people’s trading patterns, which can be both a good and a bad thing. Copying someone else’s strategy is never a good idea, but it will make the initial learning curve less steep. Developing one’s own trading strategies is still the best option from a long-term perspective.

Related Post

Last but not least, there will be a dedicated Tradelize app. Considering that most consumers rely on mobile devices these days, a strong focus on mobile for cryptocurrency trading seems to make a lot of sense. All of the successful trades by professionals will be recorded on the blockchain, which will allow investors to pick the traders they wish to

emulate. ‘ProTraders’ will be awarded up to $500,000 in funds to manage so that they can develop proper trading strategies for future investors.

The TDZ Token

As we have gotten used to in this day and age, every innovative platform needs its own token. Tradelize will use the TDZ token, which adheres to the ERC20 token standard. These tokens will be used to pay fees on profits generated by investors, perform trading, and access related services. They also act as a reward for referring followers. A maximum of 30 million tokens will be sold during the ICO, although it remains to be seen if this hard cap will be reached.

Looking Ahead

With lots of work still on the horizon, it is evident the Tradelize team has their hands full. For the time being, they are working on the brokerage implementation and commercialization of the Tradelize solution. Web and mobile apps will follow in Q3 of this year, followed by further developments in Q4 and beyond. It is a project which sounds incredibly powerful on paper, but it remains up to the team to deliver on their initial promises.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Best Altcoins to Invest in Today: Qubetics Sets the Stage for Blockchain’s Future as Bitcoin Hits $108K and Litecoin Soars

The cryptocurrency world has always been a hotbed of innovation, attracting both seasoned investors and…

4 hours ago

Dogecoin Millionaire Predicts This Undervalued Altcoin Could Match DOGE’s 2021 Gains

Dogecoin's 2021 rally was a historic one, turning ordinary investors into overnight millionaires. This magnificent…

4 hours ago

Qubetics Presale Skyrockets to $7.5M as XRP and Arbitrum Lead Best Altcoins for Exponential Returns

The crypto market is always evolving, with big names like Bitcoin and Ethereum leading the…

5 hours ago

Over 300K Users Actively Mine Crypto On BlockDAG’s X1 Miner App While BNB Bulls Eye $3K; What’s XRP’s Price Target?

The crypto market is ablaze with excitement as altcoins like XRP and BNB make major…

5 hours ago

Best Crypto Presale To Buy Now: Rollblock Delivers For Holders With New License, Record Sign Ups and 7000+ Games

Rollblock is quickly becoming the best crypto presale to buy, delivering unmatched value for its…

9 hours ago

Polkadot And Uniswap Gearing For Post-Christmas Jump As Rollblock Raises $7.4 Million in Presale

While Rollblock's continues its crypto presale, with its value increasing regularly, Polkadot (DOT) and Uniswap…

10 hours ago