A Dubai-based crypto exchange is launching a revolutionary copy trading platform. Copy trading is a mutually beneficial relationship for both amateur and professional traders. The platform will allow new traders to copy and trade like professionals bringing even more innovation to the space.
When it comes to trading, having the right information is always the difference between profit and loss. With Billium, amateur traders are assured of always receiving real-time updates from their favorite professional traders.
Billium is not only planning to shake up the copy trading world, but it is also launching products on the preferred spot and margin trading platform. Billium’s mission is to increase the popularity of copy trading in the UAE, Turkey and Russian markets.
Copy trading is the process by which a user can copy and place exact trades placed by a professional. In doing so, they increase their profit potential and a portion of the profit is provided to the professional as an incentive to produce more successful trades. This ensures that beginners can make profits while continuing their learning journey, eliminating the established risks of loss when an individual first starts trading.
Billium ensures professional traders their authenticity through a rigorous vetting process. Only traders with a verifiable track record of successful trades are allowed to register as professional traders. It compiles the strategies, statistics, trades and records of professionals and makes them available to amateur traders. This is to help guide its users on the best trades to copy.
Its advanced algorithms are in operation to provide timely updates to the users. What this does is to ensure that a trader does not miss any trades from the professional they are associated with. Trades are placed on time without any lag issues.
The Best of Billiam
Billium puts the safety of its users first. This is why its platform features two-factor authentication, among other security measures, to ensure that user accounts remain secure at all times. This emphasis on security extends to the way the platform handles flagged transactions.
Unlike other trading platforms, when Billium’s algorithm marks a transaction, funds are not frozen on the exchange. Instead, they are returned to the sender’s account. This provides a safety net for every single user not to worry about whether their funds will be confiscated or frozen. It doesn’t have to worry about the regulatory scrutiny that comes with high volume trading.
Billium Exchange has a highly liquid order book that draws liquidity from the world’s top crypto exchanges. This ensures that the users are not exposed to any kind of slippage. The crypto exchange also increases user profitability up to 5x leverage.
more to come
Billium is currently in its beta testing phase but from all the information provided, it is gearing up to bring a unique product to its users. The crypto exchange will have a friendly interface that is easy to use. It puts security above all else to ensure that users do not lose their money.
Among other things, Billium will offer a liquidity aggregator, advanced APIs for trading bots, and reliable order execution. Others include high frequency trading and scalping strategies and a very liquid order book in addition to its advanced algorithms.
The “BILT” token, the official token of the Billium exchange, will be launched within the year. The exchange is expected to affect more than 100,000 users in its main regions, which are Turkey and Russia, and plans to obtain a license to operate in Europe.