NAGAX is bringing its popular crypto trading hub to mobile users with the launch of its first Android and iOS apps today. With them, NAGAX platform users will now be able to keep up to date on the latest cryptocurrency price fluctuations, trade, chat with other users and learn from anywhere through their mobile device.
Crypto traders love NAGAX because it’s one of the first-ever social trading platforms for the crypto markets. Social trading refers to a popular strategy among investors, where they simply copy the trades of other users, rather than spend hours trying to analyze where the market is going and generate a profit off their own back.
NAGAX can be thought of as a trading platform crossed with Facebook, with its main feature being the NAGAX Feed, where any trader can post anything they want related to the markets, their trades and strategy, and discuss their favorite coins and stocks.
Building on this social aspect is NAGAX’s centerpiece Autocopy feature, which enables users to copy another user’s trades with a zero slippage guarantee, for a flat fee of just $1. The idea with social trading is that it allows unprofitable traders to follow the strategy of seasoned users who do make regular profits from their trades. It means users can simply pay to succeed, rather than spend hours trying to analyze charts and trends.
The mobile version of NAGAX provides access to both of these features as well as more than 70 cryptocurrency trading pairs, plus additional markets such as stocks and derivatives. Users can open the app at any time and access their NAGAX Wallet, where they can manage their crypto assets and send and receive tokens to other wallet addresses. Users can make a trade at any time through the NAGAX Exchange tab, whether they’re on the bus riding to work, drinking coffee in a cafe during their lunch break, or laying in bed about to sleep. Other features include a search function to quickly discover assets, and analysis charts that cover seven different time frames, designed to help users hone their trading strategies.
Just like its main desktop trading platform, the NAGAX mobile apps also provides access to NAGAX Academy, which is home to a trove of educational material. Here, users can read about various cryptocurrency assets, discover new trading strategies and learn how to analyze price charts properly to spot signals. The Academy also explores other aspects of the blockchain economy such as DeFi, GameFi, the metaverse and NFTs.
NAGAX said its goal with NAGAX Mobile is to build a user-friendly app that enables anyone to trade on the go. It will continue adding new features to the mobile version until it’s on a par with its comprehensive desktop app, with capabilities such as crypto staking set to be made available in the near future.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
Source: https://cryptodaily.co.uk/2022/06/nagax-brings-social-crypto-trading-to-android-and-ios-devices