If you are looking for a way to earn money by predicting the outcome of events, then TradeX is a great option.
TradeX is an information exchange platform that allows you to trade on future topics such as sports, news stocks, businesses, politics, weather, etc, by predicting the outcome with a simple Yes or No. TradeX is also known as the Informative market.
TradeX is designed as a trading app, but it also provides unbiased real-time information on everyday events that matter to users. For example, if you are interested in the upcoming cricket match between any of the counties or any cricket league, you can use TradeX to predict the outcome of the match and earn money for every correct prediction.
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How To Download The TradeX App?
You can download the TradeX app from the official website of TradeX and can be available on both iOS and Android devices. Here you can follow the below steps to download the TradeX app on your device:
Step 1 – First of all, visit the TradeX app by clicking on the link below.
Step 2 – Now, select on which device you want to download the TradeX app or scan the QR code below to download the TradeX app.
Step 3 – After that, download and install the TradeX app on your device and enable the download from unknown resource option in your settings if you haven’t enabled it.
Step 4 – After downloading the TradeX app make money by predicting the outcomes of the future.
These apps offer a variety of features, including real-time market data, charting tools, and order execution. They can be a great way to trade stocks, commodities, and other financial instruments.
How To Login Or Create An Account In TradeX App?
After downloading the TradeX app, you need to create an account in TradeX and deposit some amount in the TradeX app. Here are the following steps to create an account in the TradeX app:
Step 1 – First of all, open the TradeX app and run it.
Step 2 – Now, go to the account section and you will see the login page.
Step 3 – Now, enter your mobile number and TradeX promo code(if any).
Step 4 – After that, you have to verify your mobile number by generating OTP. To verify you can select Whatsapp or Mobile SMS and same will get your code by following both of the options.
Step 5 – Now enter the OTP by accepting all terms and conditions and creating an account on the TradeX app.
After that, you will get ₹20 for the sign-up bonus in the TradeX app only if you entered the promo code.
Events In TradeX App
Events in the TradeX app are essentially predictions of the outcome of future events. These events can be anything from sporting events to political elections to the release of new products.
Each event in the TradeX app has a Yes and a No outcome. The price of each outcome reflects the market’s belief about the likelihood of that outcome occurring. For example, if the shares of Yes are selling at ₹20 and the shares of No are at ₹80, it indicates that there is an 80% belief of an event settling at Yes.
When an event is settled, players who own shares of the winning outcome will earn a profit based on the number of shares they own and the price of the shares at the time of settlement.
There are two types of events in the TradeX app: Instant-match events and Markets.
- Instant-match events are short-term events that have a fixed settlement time. For example, a player could bet on whether or not India will win the toss in the upcoming cricket match.
- Markets are longer-term events that have no fixed settlement time. For example, a player could bet on whether or not the Indian stock market will reach a certain level by the end of the year.
How To Make Money In TradeX App?
Here are some of the tips that you can follow to make money in the TradeX app.
- Do your research: Before you trade on any event, make sure you do your research and understand the event. This includes understanding the factors that could affect the outcome of the event and the market’s sentiment toward the event.
- Be selective: Don’t trade on every event that is available in the app. Only trade on events that you are confident about and that you have a good understanding of.
- Manage your risk: When you are trading, it is important to manage your risk. This means only trading with money that you can afford to lose.
- Use the TradeX app’s educational resources: The TradeX app has several educational resources that can help you learn about trading and how to make money in the app.
- Join the TradeX community: There is a large and active community of traders in the TradeX app. You can learn a lot from other traders by joining the community and participating in discussions.
- Follow the market: Keep an eye on the market and be aware of the latest trends. This will help you make better trading decisions.
By following these tips, you can increase your chances of making money in the TradeX app. However, it is important to remember that there is always risk involved in trading, and you should never risk more money than you can afford to lose.
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TradeX App Refer And Earn
radeX offers a refer-and-earn program that allows you to earn 25% cashback on the trading fees of your friends. To participate in the program, you need to share your referral code with your friends. When they sign up for TradeX using your referral code, you will start earning cashback on their trading fees.
The cashback is calculated as a percentage of the trading fees that your friends incur. For example, if your friend trades ₹1000 and pays ₹100 in trading fees, you will earn ₹25 in cashback.
The cashback is paid out in the form of TradeX credits and these credits can be used to trade on events in the TradeX app.
How To Add Money In TradeX App?
Here are the following steps to add money to the TradeX app:
Step 1 – First of all, run the TradeX app on your device.
Step 2 – Now, click on the Wallet option.
Step 3 – Click on the add option and enter the amount to add in the TradeX app.
Step 4 – Now, enter the promo code if any, and complete the payment via debit card, UPI, Net Banking, or Wallet and add money in the TradeX app.
TradeX App Reviews
If you are looking for a way to make money by predicting the outcome of events, then TradeX is a legitimate option. Overall, TradeX is a legitimate app that can be a way to make money by predicting the outcome of events. However, there are risks associated with using the app, and you should be aware of them before they start trading.