NiceTrade Social Trading Competition and More nicetrade Follow Apr 19 · 2 min read

We’re building out the second tier of NiceTrade which is primarily focused on social trading. Our goal is to make trading on Stellar more fun and to improve liquidity of Stellar Distributed Exchange through interest from individual traders.

We have rolled out our first social feature which is inspired by StockTwits but with a distinctly Stellar flavor. Users can express sentiments and share info and tips on assets they’re trading. Since NiceTrade comes built in with a powerful exchange, there will be many interesting features:

Trade mirroring where users can easily replicate the offers of their favorite gurus.

Showcase profits gained from trade transactions.

Proof of transactions to back up claims made by gurus.

Social tipping.

As another initiative to get more people interested in trading on Stellar, NiceTrade will be piloting a trading competition for XLM holders. Participants will compete to see who can make the most XLM profit within a month through trading. Simply register an account that has 100 XLM and NiceTrade will track the leaderboard. At the end of the month, the top 3 traders with the highest ROI (profit) split a prize pool.

For detailed rules please see this page:

https://nicetrade.co/competition/rules

Registration for the competition will be announced in the near future. If you’re interested to donating to the prize pool please let me know. We could add your logo to the leaderboard as a sponsor.

Feedback and suggestions are welcomed. Please feel free to subscribe to the nicetrade Keybase channel.

NiceTrade is a social trading platform with a secure trading terminal for Stellar.