The Binance Broker Program was designed to provide the most optimal trading environment for users, the Binance exchange and trading platforms. A thorough audit by Binance allowed SkyRocket.trade to join the program. The idea behind the program is to bring together providers of matching services (such as Binance and SkyRocket). The collaboration of the two platforms provides traders with much better account management and settlement, as well as lower fees for trading on the exchange. On the other hand, the broker, or in this case SkyRocket gets a portion of the commissions from the trade, and Binance gains new users who are interested in the high quality tools available on the SkyRocket.trade platform (such as Trailing Stop Loss, SkyRocket Buy and Sell, which we wrote about in the lessons). Importantly, the closer cooperation between the largest crypto exchange and the SkyRocket platform can reduce the threat of overload (by too many requests per second) on the exchange and gives priority to trades from the SkyRocket platform. During large price movements in the market, this is an extremely useful feature. Binance Broker Program is not for everyone Not everyone can become a Binance Broker - first, it is necessary to pass the audit correctly. The second problem is the limited number of broker seats. In September 2019, the largest crypto exchange created this program with only 100 brokers in mind. How much does it cost to trade more efficiently? SkyRocket.trade allows users to trade on BitMex and Binance using professional tools that are not available on exchanges. They provide traders with features that help generate more profits and sometimes even automate decisions like the Rolling Stop Loss described earlier on Bitcoin.co.uk. However, the biggest plus of SkyRocket seems to be that using the platform is free when you sign up using a reflink - this way you can trade using professional and effective tools at no additional cost. The business of SkyRocket.trade is based only on commissions from Binance so it does not charge users. More profits for traders SkyRocket.trade refunds 5% trading fees to all users who trade on Binance within the platform. This is an interesting proposition considering that we are dealing with a platform that has been verified by the exchange itself. Traders League One of the places where you can test your trading skills is the SkyRocket league that is co-organized with Coinscalendar. In addition to testing your skills, you can also win sizable prizes. The size of the main prize is related to the number of users who participate in the league, however, there will also be additional prizes: A $50 gift for one participant drawn from the entire league, USD 50 for the highest daily ROI during the competition, USD 100 for the highest weekly ROI during the competition. Try your hand at the league and claim your prizes at: https://skyrocket.trade/?page_id=6194 Tags Binance Broker skyrocket skyrocket.trade
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