Currently Beta testing Register now and test it out. All accounts will be funded with 20 Bitcoins just for testing. After this all accounts will be deleted, you will need to register again on the official launch. Please give us your feedbackWhat is Major Trading League?
Major Trading League Trading is a bitcoin stock market trading game where users can trade imaginary stock.What makes Major Trading League Unique?
Major Trading League has no BIG investors such as banks, hedge funds or private equity firms. These three major entities have a big say in the stock market we know today and can often influence the direction in which a stock moves. This is really unfair for the smaller guys (us). Major Trading League has limited the amount of shares one person can buy. The reason we have done this is to make it a fair playing field for all users.How do the stocks move up and down?
The users have 100% control of the stocks. When a user buys a stock the stock will go up. When a user sells a stock the stock will go down. Other features we have that may influence a direction a stock moves is a chat room where users can talk amongst themselves just like a rumor(just like real life). Another feature that will influence a direction a stock moves is the news page we have. When we post news reports we will also be adding funds to the chosen stock as well as deducting funda from a chosen stock(the buy and sell feature). The fund used will be generated from the 0.2% fee we charge for every trade.What is the spread and fees?
The spread on all stocks is ZERO!!!
. There are only 2 fees, the fee we have for every trade and the withdrawal fee.
The fee for every trade will be 0.2% and the fee to withdraw is 0.0002 Bitcoins. Reason the fee is 0.0002 Bitcoins is there are 2 sets of transactions that take place. Once of them is from your first deposit to the cold storage wallet. The second is from the cold storage to your personal wallet when you want to withdraw. Apart from that there are no hidden fees.How long to deposits take?
Deposits are completed after 4 confirmations.What is the house edge?
The house edge is 0.2% (which is classed as our fee)How does your rewards/referral system work?
There are 2 types of rewards systems.
One of the rewards systems is based on your total trade count. The more you trade the more you earn. There are milestones to reach and when you reach them you will earn a reward which will always be bitcoins.
The other rewards system is based on your trade volume. Again the more you trade the more you earn. There are also milestones to reach and when you reach them you will earn a reward which will be bitcoins.
The referral system works as so:
- You will be given a url/code to refer users with
- When that user registers they will receive 0.002 bitcoins to trade with
- The users trade count and trade volume is added to your trade volume to help you reach the milestones
- Also when a user trades you will receive an additional 0.0000001 bitcoins
The great milestones are the billionaire milestone and trillionaire milestone. The billionaire milestone requires 1 billion trades which can be earned from your trades and the users you have referred. The reward for this milestone is 10 bitcoins. The trillion milestone requires you to have a trade volume of 1 trillion bitcoins which again can be earned from your trade volume and the users you have referred. The reward for this milestone is 100 bitcoins. You may think these milestones are outrageous right? Wrong there are many more milestones but these 2 are the most prestigious of them all.
Example of trade volume: You open 1 trade costing you 1 bitcoin. You open and close that same trade 20 times in a week your trade volume will add up to 20 bitcoins. Now imagine you have referred 100 members and they are trading the same trade volume per week. You will be averaging a total trade volume of 20,000 bitcoins as well as 2,000 trades added to your trade count and 0.0000001 bitcoins for every trade opened. Now the milestone seems more realistic right.
In theory you can earn bitcoins from just referring users.Unique Features
- Take profit & Stop Losses
- Chat room
- Rewards system
- Leader boards
- Referral system
- Simple user interface
- View recent trades from a chosen stock
- Site stats
More features coming soon.
Official launch date: Pending (some time this week)
At the moment we are just testing register today and test out this easy money making opportunity
We would like to hear your feedback
Follow us on twitter @MajorTrading for the latest news on the Major Trading League stock market