Niffler: Simulated Trading Platform for Effective Crypto Trading?
Niffler Review: Simulated Trading Platform for Effective Crypto Trading
The incredible volatility of the crypto sector has always generated mixed fortunes and results for investors. Even though a few traders have managed to become highly successful and earn millions in a short time, a large number have lost significant amounts of money to this industry. The critical distinguishing factor between losers and profiteers has been the capability of identifying the best trading action, whether to buy, to sell or to hold. Due to the considerably high investment risks, most people have opted to avoid crypto trading completely.
Niffler understands that most crypto trading exchanges are only interested in recruiting high numbers of investors while overlooking the essential fact of educating beginners on this subject. The only way an investor can capitalize their gains with minimal risks is by having the requisite knowledge needed to interpret crypto performance charts and data. Read on and learn how Niffler plans on dealing with the lack of investor know-how in crypto trading.
What is Niffler.co
NIffler.co is an engaging crypto community where trading experts and newbies can interact to share crypto trading knowledge for free. It is designed to educate people who are interested in try out cryptocurrencies but do not have adequate information to get started. This risk-free crypto exchange will also reward experienced traders with altcoins for training newbies.
Primary Features of Niffler.co
Free Crypto Trading Capital
Once you sign up for an account at Niffler.co, you are given $100,000 in play currency to be utilized for simulation of crypto asset trading. With this lump sum amount, newbies can conduct multiple trade demo within the platform as they continue to learn and gain more experience. Also, this incentive means that novice traders don’t have to use their own money when trading.
Numerous Ways to Earn Money
Once new investors complete the process of learning, they can start earning real currency by performing traders. Also, experts can start earning immediately through teaching novice traders.
Experience-Based Sorting Mechanism
The proof of experience standard will be used to guarantee the various levels of knowledge of Niffler.co platform members. After the initial evaluation, the sorting system will designate a specific status to each member. The traders with high ratings will earn greater fees within the education platform in contrast with less-experienced traders. Also, Niffler.co will include a meager 5% commission rate on each transaction between learners and teachers.
NIffler.co Trading Resume
Besides the rankings based on experience, NIffler.co will also allocate badges to experts on its platforms. The badges are earned after achieving specific achievements throughout their trading history.
Niffler’s platform will comprise of traders, earners, and learners. The crypto community has eagerly anticipated such a solution, and there are over 3,000 people who have registered ahead of the launch. The trading simulator will initially support the leading altcoins like Ethereum, Bitcoin, and Litecoin. Later on, Niffler plans to add even more cryptocurrencies to add more diversity.
Also, Niffler plans on offering courses on mastering specific crypto trading exchanges. For example, if you prefer Coinbase, then you will get access to trading material about that exchange, allowing you to capitalize your returns.
Even though most crypto platforms advocate for mainstreaming the use of virtual currencies, not many institutions offer the needed education to beginners and enthusiasts. Niffler is committed to rectifying this by availing resources and an engaging platform to facilitate easy sharing of crypto knowledge.