Introducing the Encrybit Exchang

Have you heard of Social Trading?

Social Trading is an overlooked feature that many cryptocurrency exchanges do not seem to prioritise. In simple terms, it’s basically the ability to interact socially with fellow traders on a particular platform.

It allows traders to observe the trades of other traders (when allowed) with the option to ‘copy’ or ‘follow’ their trades with your trading portfolio.

Handy huh?

This feature is already available on some forex exchanges but not present on cryptocurrency exchanges at the moment.

The importance of this feature cannot be understated. It allows new and beginner traders to learn from their peers, and also from experts on how to trade profitably and develop a winning trading strategy.

Learning from others is one of the fastest ways to get better at a particular skill and a cryptocurrency exchange with such a feature could possibly be a game changer in the space.

According to Encrybit’s Exchange Evaluation Survey, 76% of traders feel that this is a useful feature for traders to develop their skills and improve their trading techniques.

Check out the entire survey results here - https://goo.gl/ewbeYj

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