Category: social trading

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Woo X Introduces Social Trading With Ability to Hedge Against Leading Traders

Woo X, a crypto futures and spot trading platform, has launched its new social trading product, featuring a counter trading feature. This tool allows users to hedge against lead traders, offering additional opportunities for profit in varying market conditions. The platform also introduces a fair profit-sharing model, ensuring users only share profits when truly in…
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Nearly half of crypto copy traders are Gen Z, says Bitget report

Younger investors are more likely to take part in copy trading or social trading and take advice from social media influencers, according to the crypto exchange. Generation Z crypto investors are more likely to engage in copy trading or social trading, an investment method that involves mirroring someone else’s trades, according to a report from…
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Etoro to Delist ALGO, MANA, DASH, and MATIC for US Customers Amid ‘Evolving Regulatory Landscape’

The social trading and investment company Etoro declared on Monday that starting July 12, 2023, U.S. customers would be unable to initiate new trades for ALGO, MANA, DASH, and MATIC. The company cited the “rapidly evolving regulatory landscape” as the reason behind the delistings. Etoro Reveals Plans to Delist 4 Crypto Assets Based in Tel…
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Twitter Users to Trade Crypto Through Etoro

Social trading company Etoro has partnered with Twitter to will allow users of the microblogging platform to invest in cryptocurrencies and other assets. The move is viewed as a step towards turning the social media into a “super app,” a mission under Musk, providing financial and a range of other services. Musk’s Twitter Cashtags to…
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