TYCOON - AN UPGRADE IN THE CRYPTOCURRENCY MARKET

In recent times, the financial sector has evolved, bringing forth a digitalized and virtual method of banking and marketing known as cryptocurrency.
Cryptocurrency is a modernized virtual means of money exchange based on cryptography and algorithms. It involves the use of encryptions to secure transactions such as the buying and selling of digital coins, with the absence of physical embodiments such as banks or paper notes.

Since the system is decentralized and independent of a central controlling authority such as banks, cryptocurrency is highly efficient. There are also little or no transaction costs, unlike other centralized methods such as mobile banking apps, which charge a fee on every transaction. Another added advantage is the unlimited access to purchases and withdrawals at any time of the day, both locally and internationally.
There are several trading platforms that offer cryptocurrency services, such as Altcoin , Ether. but the most striking one is the tycoon trading platform

Tycoon is the first crypto trading platform making use of real-life cryptocurrency. It is developed for traders by traders. Hence, its main objective is the promotion of adoption by professional traders. This is achieved by the creation of a pool of professional traders from which new users or followers can choose from, enabling followers to select traders of the same trading style who provide the knowledge and experience needed in the cryptocurrency market in exchange for a little fee.

This system provides unlimited benefits for both the pro traders and followers. The followers are easily guided into the cryptocurrency market by self-selected traders for a minimum of four weeks or more if the follower is satisfied. Another benefit is the stop-loss feature, which provides the opportunity to stop all transactions and agreements with his chosen trader if the set value falls below the intended value. When the value falls, the trading volume units are converted to the original currency, and the open orders are halted.

The traders, on the other hand, also benefits from the fees paid by the followers. If the trading volume handled by the trader is less than $5000, then the follower pays a fee of $5, but if it is greater than $5000, then the fee is 0.1% of the trading volume. This serves as an additional source of income and as a means of building portfolios with little or no effort.

Tycoon is equally not lacking in terms of security. The platform employs a KYC (KNOW YOUR CUSTOMER) mechanism whereby the personal details of all new users are properly verified before they can be allowed to continue transactions. Each user is proved with an alias as a means of anonymity.
Also, traders have no access to followers' personal data unless permission is granted. Contact between traders and followers are also highly restricted. Contact can only be initiated when traders post newsfeed contents on the platform, which are then viewed and assessed by other traders or followers. All these help the platform to tighten security on all funds and transactions being conducted, thus promoting the reliability and efficiency of the Tycoon platform.