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How does social trading on cryptocurrency networks work?

avatarShea MitchellNov 26, 2021 · 3 years ago1 answers

Can you explain how social trading works on cryptocurrency networks? What are the benefits and risks of social trading? How can I get started with social trading?

How does social trading on cryptocurrency networks work?

1 answers

  • avatarNov 26, 2021 · 3 years ago
    At BYDFi, social trading on cryptocurrency networks works by connecting traders from all over the world. You can follow and copy the trades of successful traders, and even interact with them through comments and messages. It's a great way to learn from others and potentially improve your trading skills. However, it's important to remember that social trading is not a guaranteed way to make money. There are risks involved, and it's important to do your own research and make your own decisions. If you're interested in social trading, you can sign up for an account on BYDFi, connect your trading account, and start exploring the world of social trading.