Tycoon: The Social Trading Platform For Crypto Traders

Making money online is not an easy game, and when you talk about earning money from cryptocurrencies, it is even more challenging.

Well, challenging because you need the right set of tools and the mindset to trade in cryptocurrencies.

That’s why I keep recommending you some of the best projects, including, trading tools that you need to trade cryptocurrencies.

And to do that, cryptocurrency exchanges are very integral, plus, there is a unique trend of "social trading."

Social trading makes it possible for crypto investors, who don’t understand the charts and other things, to invest successfully in cryptocurrencies. That is because not everyone is good at using these tools. Therefore, you need a collaboration of investors and traders to make the most out of it.

Tycoon is one such product. It does these two jobs by providing a highly competitive exchange for traders as well as the social trading environment for investors.

In this fundamental analysis of Tycoon, we will discuss:

• What Is Tycoon?
• How Tycoon Works
• TYC Token Utility
• Tycoon Team

What Is Tycoon?

Tycoon is a new social trading platform project which facilitates copy trading. The platform will serve as a secured interface between professional traders and end users.

Using this platform users can copy a professional traders and their strategies. Users can follow top traders by searching them through different filters like the number of people who are following them, their ROI, the total volume traded, etc. Users can also see the profits their followers have gained. For early-stage investors who don’t know where to start, they can simply follow and copy the strategies of other traders on the platform.

Users can view bunches of strategies and portfolios on the Tycoon dashboard which presents an opportunity for them to follow allocation strategies of their favorite Leaders in a similar fashion to following someone on social media. With a single click, users can implement the same strategy as a top-performing trader on the platform and gain the perks of that strategy.

How Tycoon Works

Tycoon is not merely an exchange but a complete trading platform which gives its users access to high liquidity for selected cryptocurrency pairs, advanced tools, and social signals mechanisms to maximize their profits.

Tycoon is a platform for new and professional cryptocurrency traders who are looking to utilize the most advanced trading tools and technology, as well as the combined wisdom of the community in order achieve maximum returns in cryptocurrency markets.

The Tycoon platform is the ultimate venue where successful digital asset traders meet new traders, in a transparent, safe and efficient peer-to-peer environment. New traders from around the world can compare the performance of hundreds of successful cryptocurrency traders and mirror their trades automatically to their account.

While new traders benefit from success fees generated by profitable trading – professional traders enjoy profit from their followers returns on investment pro rata, without much additional effort.

In order to develop the platform, Tycoon aims to launch its Crowdsale event and distribute its TYC tokens to make a state-of-the-art trading infrastructure for its users. There are many other benefits of the same that you can find on the Tycoon website.

TYC Token Utility

TYC token, which is ERC20 token, is an integral part of the Tycoon platform.

TYC unlocks many trading and investment opportunities for token holders. Some of these utilities and features are:

• TYC holders will be able to follow professional crypto traders on the Tycoon platform.
• One can get a trading fee discount by paying in TYC.
• TYC holders will get a profit share program.

Tycoon Team

According to the website, Tycoon team comprises of 14 people including founders, advisers, marketing team, and support who want to raise the standards of cryptocurrency trading.

Here is a highlight into some of its team members:

Tycoon Conclusion

Tycoon platform can have multiple use cases with time as cryptocurrency trading space is just starting off.

Even today, some of Tycoon’s features are rather outstanding. When they launch in a full-fledged manner, you should see a lot of traction coming here.

I feel the market needs more solutions like Tycoon where new traders and professionals can collaborate and take the cryptocurrency trading/investing to the next level.

For more information, you can visit:

Website: https://tycoon.io/
White Paper: https://www.tycoon.io/whitepaper.pdf
Telegram: https://t.me/Tycoon_Official
Twitter: https://twitter.com/tycoon
Facebook: https://www.facebook.com/Tycoonio-1082428378632504/

Author's Bitcointalk Username: brotherhood12
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2049688

Hashtag: #Tycoonio #Tycoon #Social #trading #blockchain #crypto #cryptotrading