FULL COURSE INTRODUCTION ON TYCOON - CRYPTOCURRENCY MARKET

Tycoon is the first social trading cryptocurrency platform developed by professional traders. It is a platform designed to meet the needs and expectations of all traders and users in order to obtain a strong adoption.

Tycoon does things differently from another platform. Here, only professional traders adopt the system while new users, also known as followers, select the traders of their choice for the purpose of guidance and mentorship due to the fact that the cryptocurrency market poses some difficulty for the layman thus posing challenges for new users. This helps to provide the knowledge and experience required to reduce risk while maximizing profits on the part of the new users.

The platform is equally an autonomous body meaning that it has no control over its users' assets and capitals. This is unlike other platforms that force traders to transfer their funds to the platform before any operation.
By supporting a demo account system, Tycoon provides another way for new users to access the platform and gain some experiences on the functionality of the cryptocurrency market. This acts like a step by step guideline or rule book providing instructions for the users. Certain features can also be accessed through the demo, such as the creation of tycoon wallets that support exchange and the selection of professional traders. Thus, with only one registration, new users or followers gain easier access to the cryptocurrency market via experienced traders.

There are several benefits open to the platform's followers. Each follower is allowed to select a trader who will, in return, provide instructions and training in exchange for a little fee for a period of four weeks or longer if the subscription is continued. Followers also have access to a stop-loss feature, which acts as a control and security system. It involves stopping the following of a trader whenever the set capital falls below the value intended by the follower. On the occurrence of the stop-loss feature, the available trading volume is converted back into the base currency hence, causing the cancellation of all open orders.

The traders are not also left out of all these benefits. Due to the fees paid by followers, the platform enables traders to generate additional capital just from his knowledge and experiences. This requires little or no effort, unlike on other platforms where time and energy will be spent acquiring customers, managing, and administering their files and funds. The platform also provides a ranking system in which traders are ranked in six levels based on the profits generated, the amount of newsfeed or feedback they have, the growth rate or capital of followers as well as the level of management of trading volumes.