With cryptocurrencies recently setting new all-time highs, everyone is raring to get a piece of the action. But the problem is that most people do not really have the time to constantly track the crypto market or choose the right trading platform for them.
That’s where Zignaly, which currently leads in customer acquisition, user AUM, and total trading volume in altcoins, comes in.
As they say, numbers don’t lie. In Zignaly’s case, the thousands of new users and the $194 million increase in truncation volume in just one month are proofs that the social trading platform works.
Total monthly transaction volume in the platform soared by 38 percent. Volume in April surged to $704 million compared to last March’s figure of $510 million. Total positions coursed through the platform reached 953,000 in April, up 57 percent compared to March’s 603,000, which signals a sharp rise in trading activity.
Zignaly was able to increase its new user count by 21 percent in just one month as thousands flocked to the platform. In April, 9,000 new users registered into Zignaly compared to the 7,418 new users in March.
Total assets under management (AUM) rose to $110 million in April, up 57 percent from $70 million in March.
But the biggest spike in performance comes from the platform’s profit-sharing business. Total profits sharing monthly volume soared to $230 million in April, a 50 percent increase over March’s $154 million figure. Meanwhile, profit sharing AUM increased by 105 percent to $7.2 million in April from $3.5 million in March. Total profit Generated for users in April reached $450,000!
While most altcoins retraced in April, the platform’s native crypto ZIG was able to maintain its price. This stability is attributed to the stellar growth of the platform. In fact, people are betting on the Zignaly social trading platform as it continues to surpass its peers in terms of ALTs customer acquisition, trading volume, and user AUM.
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Source: https://bitcoinerx.com/press-releases/zignaly-platform-attracts-9000-new-users-in-april-as-total-aum-rose-by-57/
