NAGA Group, the company behind the soon-to-launch social trading platform NAGAX, is offering some big inducements to get users to sign up to its whitelist.
The NAGAX platform will officially launch on March 7 and to ensure it has plenty of traders in place for the big day, it has opened for pre-registration now.
Anyone can sign up to be ready to start using the platform when it goes live, and there are some attractive prizes on offer for those who do so.
For instance, NAGA said it’s handing out $10,000 to three lucky users who sign up now and also agree to share the news of the platform’s launch on Telegram or another social media site.
The prize will be split into awards of $5,000, $3,000, and $2,000 and paid out in USDT directly into the winner’s accounts, NAGA said.
To stand a chance of winning, you’ll not only have to sign up but also go to Telegram, Twitter, Facebook, TikTok or some other popular platform and “spread the good word” about NAGAX’s launch, its features, and links to its website and official Telegram channel.
Once that’s done, simply take a screenshot and send it, along with your NAGAX ID, and your name will be entered into the draw.
There will be additional prizes of $1,000 each, awarded at random to five of the first 10,000 people who register for NAGAX, though they’re also required to follow the platform on Twitter and Telegram, and once again submit proof.
Lastly, and far easier, just make sure you’re one of the first 2,000 users to register and your account will be credited with a whole $10 worth of BTC once NAGAX is up and running.
Apart from the incentives, there are some good reasons to consider checking out NAGAX. The company bills itself as the first-ever crypto-focused social trading platform.
You can think of it as a trading platform merged with Facebook, with a social news feed where anyone can post to discuss the markets, their trades and strategies, plus other related content.
The social aspect is further enhanced with NAGAX’s unique Autocopy feature, which allows users to copy the trades of other traders for a flat fee of $1 per trade, with zero slippage guaranteed.
The idea with this is that it gives people who’re unable to make much money trading themselves the opportunity to follow more profitable traders and share in their success.
Traders who’re willing to share will be entitled to a portion of each Autocopy fee.
NAGA says NAGAX will offer extensive trading options with more than 700 cryptocurrency pairs at launch, as well as other markets such as stocks and derivatives.
The platform will also contain a library of educational content for those who want to take the time to study the markets and become more profitable traders.
In future, there will be other features to look forward to, including DeFi capabilities such as staking, an NFT marketplace, a launchpad, and later, the ability to mint news feed posts as NFTs.
NAGA is the company behind the “super investing app” of the same name, which also offers a crypto wallet and payments platform.