Tradelize

INTRODUCTION TO TRADELIZE

Tradelize is a social platform developed by experienced traders to offer traders a new level of social networking, increasing the success of crypto traders from around the world.

Tradelize allows traders and investors to create a profile with which they can gain access to the full range of social features offered.

Network users can rate the profiles of other professionals, including traders, by making use of the statistics offered by Tradelize. Traders can demonstrate their historical profitability and successes and see the profitability of others on different exchanges.

This feature allows traders to monetize their success by using a paid channel or to translate their trades into premium content which offers a characteristically different approach than some other copy trading platforms, bringing several advantages to both traders and those who wish to copy signals.

The Tradelize traders’ network is a social network based on verified exchange statistics. To join the community of professionals, you first need to create your professional profile.

After a trader has created his professional profile, he is assigned a rating, which is a way through which all users of the Tradelize traders’ network compete.

Such a competitive environment is vital for improvement. For any individual trader, this is even more important. The Tradelize Score feature helps you to select the best traders to subscribe to and track their trades and positions.

By creating his profile on the Tradelize traders’ network and making his success public, a professional trader can interact with the community and demonstrate his expertise. Expert traders analyze vast amounts of data every day, come to certain conclusions and make trades based on several observed market trends.

Mirroring is also available. By creating an offer to copy your trades, traders can also be of benefit to their subscribers without wasting any extra time.

Trading in cryptocurrency is a whole new world, and bots are most probably the future of it.

HISTORY AND HEADQUARTERS OF TRADELIZE

The software company that provides the Tradelize platform is headquartered in Tallinn, Harjumaa, Estonia.

Anton Zapolskiy is the founder of Tradelize. He had more than 10 years of trading and capital management experience after beginning to trade on the NYSE, NASDAQ, and CME. In 2018, the Bitcoin futures market on CME began to grow quickly which showed the interest of institutional investors in the young market and proved to him that this market was growing. With no professional software on the market that could attract serious traders, he realized the need for a terminal to unite all the different crypto trading exchanges in one window.

FEATURES OF TRADELIZE AS TRADING PLATFORM

The Tradelize platform comprises several helpful features, among which are the following:

Social network

Tradelize is a decentralized social network developed by traders with more than 10 years of trading experience for traders like themselves and offers a new level of social networking that is increasing the success of crypto traders across the world.

Speed

The Tradelize terminal offers instant access and flawless management of capital on global markets.

Interaction

The ability to interact with colleagues and investors and share ideas and visions is all offered on the Tradelize platform.

Productivity

Tradelize provides a powerful set of tools for creating a community or a private trading company. With it, you can upgrade your achievements and diminish the effects of bad luck.

Automation

The dashboard shows the current state and statistics of all your actions with the service. Through this handy tool, you can customize your unique dashboard and watch your trading statistics on your computer screen.

ADVANTAGES OF TRADELIZE

Tradelize offers simple logic-based decisions, not clouded by any human judgment and emotions, with all decisions that need to be taken, based on an algorithm expertly formulated for maximum profit and minimum loss.

Advantages of using the Tradelize platform include the following:

• A wide range of services and functions are available
• A mobile app can be used
• A simple portfolio management system
• Traders’ network is suitable for beginners and professionals
• A wider variety of functions is available
• Auto trading, a function used for copying trades of other traders and trading bots
• Tracking the dynamics of your cryptocurrency portfolio and displaying detailed statistics on it
• A referral system for traders and pro traders

DISADVANTAGES OF TRADELIZE

Trading in cryptocurrency remains risky and poses quite a huge risk for inexperienced users. Some disadvantages that users of Tradelize might experience include:

• Information on the cryptocurrency trade and platforms is still hard to obtain
• Successful utilization of a bot requires a deep knowledge of the digital currency markets and for some investors, by the time they have done the work to prepare themselves to adequately use a bot, they may no longer require its services
• The professional functionality is a paid feature
• Can only trade with binding to the connected exchange via API keys

PROS AND CONS OF TRADELIZE SUMMARISED

COST AND FEES OF USING TRADELIZE

Tradelize provides two different tariff structures to users: A Basic structure which is free and a Pro Terminal which cost 39.99$/month. Tradelize adds 10% to paid services offered by network users.

PAYMENT METHODS

The TDZ Token represents the internal means of payment on the terminal and is the only accepted means for paying trading fees, and commissions on copy trading and the only way to unlock and pay for additional services or products like historical data (backtesting tool, bot creation, and trading strategies creation), use and support in the development of automated trading strategies, and co-location.

SAFETY AND REGULATION

The developers of Tradelize promise that it is safe and secure to use the bot since they do not hold traders’ funds; it is secured on the exchange side.

Tradelize has separated all sensitive data so that each node of the system uses only the information that is needed and cannot be linked or personalized to others.

No personal or confidential data is stored on media in servers that are directly involved in processing trade transactions, web portal servers, or more. Only the very necessary data is downloaded from closed secure storage and insensitive data storage, all information is encrypted and decrypted on the fly when accessed.

User funds deposited on the Tradelize platform are automatically redirected to wallets of major crypto exchanges, according to the users’ settings.

HOW TO USE TRADELIZE AS A PLATFORM

The Tradelize Terminal is a crypto trading terminal of institutional quality with direct access to major crypto exchanges. Tradelize supports all cryptocurrency trading pairs listed on the following exchanges: Bitfinex, Binance, Bittrex, BitMEX, HitBtc, Huobi, Kraken, and OKEx.

the main advantages of the Tradelize crypto trading terminal are the ability to use a unified interface, the ability to create sub-accounts, a single portfolio for all exchanges, and a watchlist as a market screener, which is convenient for individual traders and private trading companies.

To start trading, a trader needs to add exchanges’ API keys, after which he will be able to make transactions both on the spot market, derivates, and futures. All positions from different exchanges are displayed in one window of the Tradelize Portfolio.

To open a Tradelize account, start the process from the homepage and use the link to supply the necessary personal information and email address. A confirmation link will be sent to you via mail, which you must confirm.

Create either an exchange account and link it to your Tradelize and deposit funds in that account, then you can set up the auto trading.

Click on the relevant panel to find traders and their stats, select the trader you prefer and subscribe to, then click on the auto-trade feature.

CUSTOMER SUPPORT

Potential users need to be assured that the platform they use can offer the necessary support and help whenever they may need it. Tradelize support is available 24 hours a day.

EDUCATION AND TRAINING

Before starting to trade, potential Tradelize clients should arm themselves with all possible information and trading skills needed to be successful in the world of cryptocurrency trading. If Tradelize ’s website itself does not provide enough means, a trader should explore other information sources to obtain those skills and knowledge.

Users can choose their trading mentors and follow them to learn from the experience of professional traders and investors, watch their trading, and subscribe to their private channels.

RESEARCH

Potential traders always need to do as much as possible research about speculative trading before commencing to do it. Successful trading is heavily dependent on knowledge and understanding of the markets and the platform; therefore, research options form an integral part of its features when choosing the right company to trade with.

SUMMARY

Tradelize traders’ network allows traders to improve and scale their trading habits and business, as well as beginners to learn, socialize, and earn together with professional traders. The platform has a wide range of tools and environments for interaction and efficiency improvement.

DISCLAIMER

Tradelize warns potential traders that Forex and Crypto trading always carries a prominent level of risk, therefore may not be suitable for all investors.

Tradelize products are complex instruments and come with a substantial risk of losing money rapidly due to leverage, thus not necessarily suitable for all types of investors.

Potential traders should consider whether they understand how these products work and whether they can afford to take the substantial risk of losing money.

Potential traders should first acquaint themselves with all these associated risks and seek advice from an independent financial advisor.

FAQ

What is a crypto trading bot?

Cryptocurrency trading bots are software programs that can help traders automate their trading strategy and take full advantage of the crypto exchange market.

Why are crypto trading bots useful?

Crypto trading bots remove fear and emotions from the trading calculation by allowing investors to execute trades based on a predesigned strategy. Bots enable a trader to run his trading plan 24/7 so if you are a part-time cryptocurrency trader or are unable to always stay on top of the market.

Are trading bots legal?

Cryptocurrency trading bots are fully legal but not all brokers allow bot trading. Algorithmic trading is legal, but many people have objections to how automated trading can impact the markets. There are however no rules or laws in place that keep retail traders from making use of trading algorithms.

Are trading bots safe to use?

Tradelize takes security very seriously and it follows the strictest processes to assure a higher level of security by using encrypted data. No personal or confidential data is stored on media in servers that are directly involved in processing trade transactions, web portal servers, or more.

User funds deposited on the Tradelize platform are automatically redirected to wallets of major crypto exchanges, according to the users’ settings.

How to choose the best trading bot?

There are specific key functions to remember when choosing a cryptocurrency trading bot. You need to understand functions like reliability, security, profitability, transparency, and ease of use when researching bots, so you must understand exactly what each one means.

Do I need to deposit funds?

It is optional and usually depends on the service a trader wants to use.

Are there trading fees charged?

Tradelize provides two different tariff structures to users: A Basic structure which is free and a Pro Terminal which cost 39.99$/month. Tradelize adds 10% to paid services offered by network users.

What types of payment does Tradelize accept?

Currently, Tradelize uses its own TDZ token.

How much profit can a trader make?

As a platform Tradelize’s role is that of an intermediary, to make it easy to trade or invest for traders, but it cannot assure any profit. Profit depends on the trader’s choices and the market conditions. Crypto markets are very volatile; therefore, traders are always encouraged to only use funds they are willing to lose.

Is a trading bot easy to use?

Yes, if you decide to go with Profit Sharing, which is the easiest way to invest, you only need to choose a trader to invest in and allocate the desired amount. And if you need help, support is available.