Lead Traders Receive Up to 20% commission through referrals in addition to the existing profit-sharing fees.
TraderWagon, a social and copy trading platform with over 100 trading pairs from Binance Futures, is launching its referral program today. Every user who makes a successful referral can receive up to 20% commission from their referees’ trading fees. The referees will also receive a 5% trading fee rebate when they sign up through a referral.
Copy trading is a rising trend in financial and cryptocurrency markets, where the trading activities of successful traders (“Lead Traders”) are copied by other traders (“Copy Traders”). Lead Traders are incentivized to share their trading portfolios through a profit-sharing program. The introduction of a referral program further rewards Lead Traders to share their strategies and encourage exchange within the community.
The TraderWagon referral program are as follows:
|Referer receives||Referee receives|
|Lead Trader||20% commission||Upgraded Lead Trader Benefits|
|Copy Trader||10% commission||5% trading fee rebate|
Users just need to share their referral link, code, or QR code to new users who wish to sign-up with TraderWagon.
Lead Trading Portfolio Requirements Lowered to Increase Accessibility
Due to demand and community feedback, TraderWagon is pleased to announce that it has also lowered the portfolio requirements for Lead Traders. Now, each Lead Trader can open a portfolio with a minimum deposit of $1,000 (USD or equivalent).
This will help ensure more Lead Traders can participate and in turn reach more Copy Traders and help the development of the crypto trading community.
Why Trade On TraderWagon
TraderWagon uses Binance’s Single Sign-On API, allowing traders to use their Binance account log-in to conveniently and securely create their TraderWagon account and manage their copy trading portfolio.
All trading continues to be executed on Binance Futures platform. Funds remain securely kept on Binance and profits are credited directly into traders’ Binance accounts. Traders do not incur transfer fees or risk misplacing funds due to manual error.
TraderWagon uses a profit-sharing fee structure:
- Lead Traders: earn up to 10% of the profits of their followers
- Copy Traders: 10% fee is imposed on their copy trading profit
Lead Traders also receive additional benefits:
- 10% commission kickback from copy traders’ trading fees
- 50% rebate on trading fees for the first 3 months*
*50% rebate applies when ROI is positive every 30 days.
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