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Social trading is huge in crypto. This allows investors to replicate the strategies of experienced traders and create a learning environment and community. By following and copying trades, social trading helps newbies to crypto get insights and make informed decisions. KuCoin and others have made this possible by combining social with trading. Here investors can not only observe but participate in a community where knowledge is shared, it’s a dynamic and interactive way to trade. The leaders in crypto are raving about this, saying it will open up access to complex trading strategies. Social trading is a reflection of a broader trend on Twitter where crypto enthusiasts and experts are sharing insights and strategies. This adds to the appeal of social trading by giving real time information and analysis to everyone. With market leaders talking about this trend, social trading is growing as a way to invest in crypto. Read also: Cryptocurrency Supply: The Important Metrics to Know What is Social Trading Social trading in crypto allows new and experienced investors to interact with each other, learn and share strategies. Key features are to be able to observe and copy trades which helps bridge the knowledge gap for new traders. Recent Twitter discussions shows the growing popularity of this method in crypto. Definition and History Social trading in crypto means you can copy the trades of experienced traders. This simplifies the investment process and is open to those new to crypto. Social trading has its roots in traditional finance but gained popularity with the rise of online trading platforms. In crypto, it’s even more dynamic because of the volatility of digital currencies, it gives an edge to both newbies and professional traders. Vitalik Buterin, co-founder of Ethereum, once said that sharing and collaboration in the crypto space fuels growth and…

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Filed under: News - @ September 26, 2024 5:18 pm