💰Trading

New users can quickly sign up for their accounts with Earnie. Simultaneously with the Earnie account, the platform creates for the user a dedicated account on the Bybit exchange accessible from the Earnie app or directly through the Bybit browser or mobile applications [*]. Earnie does not hold users' funds at any moment - they are kept in the Bybit wallets protected by their state-of-the-art security. Access data to the users' Bybit accounts, as well as all the personal data, is encrypted.

Users who already have a Bybit account will now have two of them, with the new one tethered to their Earnie activity. As a result, they will have all the advantages of trading on a major exchange, including its liquidity, high leverage, high speed, and no-downtime commitment. Furthermore, trading via the new account will allow them to take advantage of the Earnie automatization features and earn commissions for sharing their trading tips with other users.

The Earnie automatization is based on the consolidation of the basic trading entities (conditional or non-conditional order, position, take-profit, and stop-loss) into the integrated entity "Offer." Users can further supplement the offer with analytics. Moreover, instead of manual management of numerous separate entities, now they can use the automatization features for the offer, such as:

• Automatic change of the stop-loss instructions if the specified price is reached;

• Automatic order cancellation if the specified price is reached;

• Easy parameter adjustments of opening or closing orders instead of cancelling them and putting in a new order with new parameters;

• Parameter inheritance from other offers and automatic following their changes;

• Division of the position into separate analytical entities (offers);

• Risk management system based on the percentage of the deposit loss (the platform limits losses by 2% of the deposit amount by default; the number can be adjusted as the users see fit).

The automatization functionality will be further expanded in the future released platform versions.

New users will also be able to practice paper trading before engaging in real trades with real risks. After signing up, every user has a virtual wallet with 100,000 "faux" USDT. They can now try and create their offers or copy offers of other users to see how their hypothetical trades would perform. After they learn the ropes and understand the common mistakes risk-free, they can proceed to deposit real funds into their account. Experienced crypto traders might also benefit from the paper trading feature to test and compare strategies.

To deposit real funds into the account, users can transfer USDT to the derivatives wallet address indicated in their Earnie account.

Alternatively, users can log into their account directly via Bybit and deposit funds in any crypto or fiat currency accepted by the exchange by any method offered by Bybit at the moment. They will have to exchange the deposited funds into USDT and transfer them to their futures wallet to further use them for trading with Earnie.