Dubai-based cryptocurrency exchange launches a cutting-edge Copy Trading platform. The mutually-beneficial relationship between amateur and professional traders is Copy Trading. New traders will be able to trade on the platform as professionals.
The difference between making money and losing is knowing the correct information when trading. Billium gives amateur traders the ability to get real-time updates and information from professional traders.
Billium not only plans to disrupt the Copy Trading industry, but also launches products on popular margin and spot trading platforms. Billium’s mission is to increase the popularity of Copy Trading across the UAE, Turkey, and Russian markets.
A copy trade is a process by which a user copies and places the same trades as a professional. They increase their chance of making a profit, and the pro is given a share of the profits as an incentive for more successful trades. The profit allows novice traders to earn a profit and helps them avoid the risks associated with losing their initial trades.
Billium checks the credentials of professionals traders and puts them through strict vetting. Professional traders can only be registered by traders who have proven their ability to trade successfully. The site collects data, strategies, records, and statistics from professionals, which is then made available to amateur traders. These are to assist its users with copying the best trades.
These advanced algorithms allow users to receive timely updates through the platform. It ensures trader doesn’t miss out on any trades made by professionals they are associated to. All trades are executed promptly without any delay.
Billium’s Best
Billium puts safety and security first. Billium’s platform includes two-factor authentication and other security features to make sure that user accounts remain protected. This safety-focused approach extends to the handling of flagged transactions.
The exchange does not freeze funds that are flagged by Billium’s algorithms, unlike other platforms. They are instead returned to the sender’s account. Every user has the assurance that their money will not be seized or frozen and this provides them with a security net. You don’t have to be concerned about regulatory scrutiny when trading high volumes.
Billium’s exchange has a liquid order book, which pulls liquidity directly from top cryptocurrency exchanges around the globe. Users are protected from any slippage by this highly liquid order book. Additionally, the cryptocurrency exchange can increase user profitability by up to 5x.
Stay tuned for more
Billium is in Beta testing, but all the information available suggests that it’s ready to offer a new product. It will have an easy-to-use interface. The exchange will ensure safety and that customers do not lose their coins.
Billium, among other features, will provide a liquidity aggregater, an advanced API to trading robots and reliable order execution. Other features include scalping and high frequency trading, as well as a highly liquid order book and advanced algorithms.
The “BILT” token, the official token of the Billium exchange, will be launched within the year. It is anticipated that the exchange will reach more than 100,000 users in Turkey and Russia. The company also plans to obtain a licence to operate in Europe.