Thanks for your question, badykvik!

Unlike ZuluTrade or eToro where members follow trading signals with slight delays, Bincentive members trade with the traders. Members place orders as soon as traders place theirs.
We also do not require members' assets to be placed on our platform. Your assets would stay in your respective exchanges' wallets and we would not have direct access.

Our investments at the moment cover the most popular crypto trading pairs but we are looking to cover traditional grounds as well.
We are currently partnered with various crypto hedge funds and are still looking to expand.

Besides hedge funds and professional teams, we run trader incubation programs such as HatchQ and run public trading competitions to find experienced/well-performing individuals. Traders must also have a positive auditable track record and go through our approval process.

Is mirror Trading different from copy trade? It does sound the same to me. I'm reminded of the previous projects of same model.


They may be able to do that too by releasing test tokens to mimic the market for the demo accounts but this might just be too much of a work.

Thanks for the question, target.

They are very similar in concept. However, our traders (including crypto hedge funds), approval process, transparency, auditability, and the core of our trading mechanism are different.

First, we do not hold your assets on our platform. They stay in your own wallets on the exchanges. In the event that our platform is under attack, your assets would still be safe. Second, you are not following a trade but mirroring it. Your trading orders are placed with the traders', not following their actions - this is huge in the crypto space since prices fluctuate frequently and 24/7.

As mentioned in the other response above, we also have a lower barrier to entry when compared to existing social/follow trade platforms. Our trading partners are vastly different as well.

Just want to add onto our trading strategy approval process a little more.

A Bincentive certified strategy means that the trader has used his own assets to trade and create an auditable track record. When a trading strategy is deemed legitimate with positive returns, Bincentive invests in the strategy using its own funds. Given that at least 3 months of mirror trading records remain positive and stable, Bincentive would approve the strategy and provide performance records on-chain.