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What is Social Trading
What is Social Trading

Learn what is social trading and how you can benefit from it

NAGAX-Team avatar
Written by NAGAX-Team
Updated over a week ago

Social trading is a form of investing that allows investors to gain knowledge and trading behaviour of other more experienced traders and to follow their investment strategies.

NAGAX Allows you to follow other traders and get their trading signals or insights through the content that they publish on NAGAX Feed.

NAGAX Copy Trading
In the future releases, NAGAX will offer NAGAX Copy Trading feature that allows you to copy the trades of the most profitable traders on the platform.

Interact with like-minded users 🧠

Social trading is also often used for social networks for traders to interact with like-minded users, discuss current market conditions, share your trading results in real-time.

NAGAX is a crypto social investing network that opens up a world of opportunities to up your trading skills level as well as be part of a big trading community.

Simply put: similarly to how you follow people on other social media as well as like their posts and photos, you can follow traders at NAGAX and follow their trading insights and signals on NAGAX Feed. If you are an experienced and successful trader you can also create content as a trader yourself and get more people to follow your on the platform.

Here are some useful links that would help you to dive into the social trading with NAGA:

🔵 Learn how you can increase the number of users who follow your NAGAX Account

🔵 Learn how you can open your NAGAX Account and get started.

Below is a more detailed explanation of some of the social trading features at NAGAX:

👉 PRO Tip: Learn how to build an attractive profile on NAGAX here.

💬Connection with the trading community

NAGAX delivers to you a convenient interactive News Feed where you can exchange experiences in posts for the community and engage with other traders by liking, commenting and sharing. You can use both the News Feed and the Messenger to grow your network by generating content that’s both relevant and valuable. This way you can not only increase your followers but also your copier-base. Sure, auto copying other traders from all around the world is important and necessary but a connection between traders is what makes the whole experience much useful and incentive.

👉 Related articles:
🟢 What is the NAGAX Feed?
🟢 What is the NAGAX Messenger?

How to benefit from Social Trading at NAGAX

🔝Becoming a top trader is a challenging road that requires great trading skills and experience. NAGAX gives you a chance to develop your trading strategy even further and benefit from getting the knowledge from other traders on the platform with the News Feed.

💭 Use NAGAX Feed to equip yourself with the latest market insights and sentiment, show excellent trading performance with your trading signals.

🤔 Don't forget about your profile page that summarises your profile at NAGAX.

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