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Against the backdrop of the growth of cryptocurrencies and an increased news environment, it is not surprising that new interesting resources are emerging, providing unique services for traders and investors. TradeMum.com is one such example. The service allows the use of the copy trading feature and earning from cryptocurrency trading.
In this article, we will talk about the TradeMum.com service, outline its advantages and disadvantages, and provide a guide on how to use it.
TradeMum.com Service: Advantages and Disadvantages
TradeMum.com is an online platform designed to simplify the process of trading and investing. It offers a copy trading service, which helps users earn effortlessly and without knowledge.
The pricing policy is friendly to all types of investors. For cryptocurrency exchanges Kucoin, OKX, and Binance, you will pay $87 for 3 months of service, and your minimum deposit must be from $100.
Recently, Binance. Bybit was added, which, as we understand, is exclusive and not available to the public but available to VIP members and usually involves a high yield and high risk, so it's not available to everyone. In a way, it's a protection against novices, as it might be too risky.
There are two types of accounts: «TeamTrader» and «SoloTrader». These are two different types of accounts that we will discuss further. According to the developers, «TeamTrader» is much easier to use and is well suited for beginners.
The TradeMum.com service boasts a rather large number of advantages, among which are:
- Convenient interface. The site is intuitively understandable for any level of users, which significantly eases working with the service.
- Trading is done by people, not bots. As the developers claim, trading is conducted by live traders, which is a significant plus for this site.
- Time-saving. Thanks to the services of this service, you do not spend your time studying information and tracking charts. Everything is done for you.
- Low entry threshold. You can start earning from just $100.
- High annual yield. The developers promise 72% annually, which equals 6% per month.
- Affordable prices. For 3 months of operation, you only need to pay $87, which is not so much if you have a normal deposit.
Surprisingly, there are also disadvantages:
- Commission. The service charges a 10% commission on your profit.
How to Earn Using TradeMum.com
The service offers three ways of earning:
- Commissions for purchasing licenses. The «TeamTrader» license costs $29/month. The bill is issued quarterly, amounting to $87 every 3 months. The first step you make is creating your trading team by inviting your partners to join your trading team, so when they trade, you can earn up to 10% of the trading profit they generate as they copy trading strategies.
- Sharing trading profit. When your partners start copying the «TeamTrader» trading strategy, you will receive 10% of the trading profit they generate each week. This is a substantial amount, assuming that each partner only brings in $50 of profit per week and you have 100 partners. That's 10% of $5,000/week = $500/week from trading profit – not including the aforementioned commissions for license fees.
- Recurring lifetime commissions. When your partners renew their «TeamTrader» license every 3 months, you will continue to earn from them over many subsequent years. For instance, if you have 10 partners daily, this means you would be earning $5,220 monthly and $15,660 by the 3rd month. Thus, when they renew their licenses, you are more or less guaranteed to receive $15,660 from them every 3 months.
«TeamTrader» Account Type
As mentioned earlier, the «TeamTrader» account type is much better suited for beginners and for getting acquainted with the service, as well as for its further use.
«TeamTrader» allows you to create your own trading team with your referrals and earn up to 10% of the trading profit generated by your referrals when they copy their trading strategies. In addition, you also earn $17.4 for each direct referral who joins your trading team, purchases the «TeamTrader» license, and starts copying the trading strategy.
Advantages and Disadvantages of «TeamTrader»
The «TeamTrader» subscription has the following range of advantages:
- High percentages in the affiliate program. With just 10 partners a day, you would be earning $174 daily or $1,218 weekly, which amounts to $5,220 monthly.
- Periodic commissions. If you are earning $5,220 monthly from these 10 daily partners joining your trading team, it means by the end of the 3rd month, you would have earned $15,660. Now, the best part is that, since commissions are recurring, when your partners renew their «TeamTrader» license for just $87, every 3 months you will be earning $15,660 in commission fees for the license. And this is even without trading.
- No need to start trading immediately. You do not need to connect your exchange to start earning as a «TeamTrader». You can simply purchase a license, copy your affiliate link, and start inviting others to join your trading team. As your trading team grows, you earn commissions and build up your trading capital, which you can later use when you decide to start copying their trading strategy.
- Profit sharing. The larger your trading team, the more you earn. Since you will be receiving 10% of the total trading profit generated by your partners each week.
- Daily payouts. You can withdraw your commissions any day at any time from your «TeamTrader» wallet. The profit earned from trading is on your exchange, and you can also withdraw it any day at any time from your exchange, just leaving the amount with which you wish to continue trading.
- Not custody-related and trustworthy. The best thing about this platform is that you do not give them money to trade. The platform is non-custodial, and your trading funds are always stored on your exchange, like Binance, and they simply make trades with your funds there, and you just pay 30% of the profit earned as a success fee. You keep 70% of the trading profit earned.
- Not custody-related and trustworthy. The best part of this platform is that you do not give them money for trading. The platform is non-custodial, and your trading funds are always kept on your exchange, such as Binance, and they simply conduct trades with your funds there, while you only pay 30% of the profit earned as a success fee. You keep 70% of the trading profit.
- Traded by people, not bots. Trading is done by live traders, not bots. Experienced traders will monitor your trades over the next 3 months, as soon as you obtain the «TeamTrader» license.
- Low transaction amount for starters. If you decide to start copying their trading strategies, you can start with amounts from $50 to $5,000 in the «TeamTrader» program. «SoloTrader» allows you to trade up to $200,000.
Among the disadvantages, it can be noted:
- The service charges 30% of the trading profit it generates for you, as a service fee;
- 10% of the trading profit goes to the experienced trader;
- 10% of the trade goes towards paying for the Trademum platform services;
- 10% of the trading profit goes to your trading team.
«TeamTrader» Strategies
At the time of writing the review, there is one strategy available called «TeamTrader Spot» with a yield of ~41% per month.
«TeamTrader» Affiliate Program
You can additionally earn through the affiliate program. The «TeamTrader» offers the following:
- Reward: 20% – 10% – 5% for your partners purchasing a license;
- Reward: 5% – 3% – 2% of your partners' trading profit.
Guide to Using TradeMum
We have prepared a guide for using the copy trading service TradeMum.com, which will help you start using it.
Conclusion
TradeMum.com is one of the tools in the arsenal of the modern investor, offering copy trading services. It simplifies the trading process, or rather, allows you to completely abstain from it and automatically follow the trades of professionals. You do not need to have a vast amount of knowledge in cryptocurrencies and trading to get started, which is a major plus.
This article discussed the service that allows you to earn through copy trading called Trademum.com, its advantages and disadvantages, and provided a guide to get started.
That's the end of our article. If you have any questions, feel free to ask them in the comments.
We hope you found this article useful. Here's to successful and profitable investments!
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