Tradelize.terminal significantly simplifies the trading process, allowing users to monitor exchange activities in real time and execute transactions through various cryptocurrency exchanges, all through one interface. The Tradelize.terminal enables traders to create a tailored workspace, by applying custom features and settings. Cryptocurrency exchanges (i.e. Binance, Bittrex, KuCoin) will be connected to Tradelize.terminal by using public APIs. To date, 12 crypto exchanges have already been connected with more to come.
Main positives:
The revenue model is clear. Tradelize earns revenue from trade fees which are based on the user’s respective monthly traded volume, and 10% profit-based fees are deducted from users’ copy trading gains.
Tradelize have developed their Alpha and Beta of tradelize.terminal. According to their admins, the open-demo testing will be available soon. So if you are interested, we suggest you join their Telegram channel to receive their latest updates
Tradelize addresses the problem of having to use multiple exchanges in the crypto world, and aims to make crypto accessible to the public. A full view of exchanges and a simple app should attract a wide audience.
In the documentation, the team has also explained the project’s potential risk factors. It seems that they are prepared and knowledgeable in this regard.
Main negatives:
It is not clear what would happen if the Professional Traders who are allocated trading funds misuse the platform. What consequences are there for the traders who have bad intentions?
The roadmap is somewhat limited in detail and vision.
Professional traders are allocated money from the 80% of funds raised through the token sale in order to use the Tradelize ecosystem. They have access to a great platform, plus they get rewarded by receiving a cut from the profits generated by “copycats”. In other words, they get paid to invest, make money on their investments, and receive a cut from the profits of the copycats. This seems a little bit too good to be true. It is a great way to incentivize, however we wonder how sustainable this business model is?
