NAGA Review: A Look Into The Social Trading Platform

Interest in the stock market, cryptocurrencies, and trading, in general, has never been higher. In fact, 2020 was a record year, with more money entering the market from individual investors than the collective total invested from the prior 12 years.

But, in light of this mass movement of individual investors to the stock exchange, new traders face knowledge barriers that prevent them from making effective picks. Many investors, both new and old, have been looking for an application that simplifies cryptocurrency trading for everyone. NAGA, a 2015 tech startup, could be the solution.

NAGA seeks to support beginners and experts alike, focusing on building a community of social traders and revolutionizing how everyone accesses the stock market. NAGA simplifies trading, allowing you to keep all of your accounts: cryptocurrency, stock trading, and banking in one convenient location.

With in-app education around trading, could NAGA represent a new age in community investing? 

Introduction to NAGA

NAGA is an all-in-one application that brings together stock investing, cryptocurrencies, and financial payments into a singular, easy-to-use platform. Alongside these financial functions, NAGA is beginner-friendly trading, including a range of high-quality training modules for those that want to learn how to trade.

While trading was once seen as a solitary game, NAGA incentivizes discussing trading through its unique community features. One of these is the Autocopy function, which allows beginner users to directly copy the purchases of skilled traders, dismantling the knowledge barriers to enter stock trading. If you don’t know much about cryptocurrency trading, this is incredibly useful. 

Autocopy also benefits the trader themself, being compensated through the NAGA Popular Investor fund. This symbiotic relationship between skilled investors and those copying their trades further develops the community at the core of NAGA, creating a mutually beneficial community trading system. 

Currently, NAGA is the only application that offers mobile banking, a cryptocurrency wallet, and a multi-asset trading platform with over 1,500 stocks, all on one single platform.

How Can NAGA Help Me Invest?

If you’re only just getting started in the world of cryptocurrency trading, then NAGA positions itself as a beginner-friendly trading solution. Instead of having to spend hours researching particular cryptocurrencies to invest in, you’ll be able to make use of NAGA’s autotrading features.

By finding traders on the Community Tab of the app, you’ll be able to see what trades they’re currently making, as well as information about their average returns. Based upon this, you can click ‘Autocopy’, which will then link your account to theirs, for a small fee of €1. 

From there, whenever that professional trader initiates a trade, your account will copy the execution, buying and selling at exactly the same price. This feature completely removes any knowledge barriers to trading cryptocurrency, letting anyone - no matter their skill level or background in finance - trade with confidence on NAGA.

If you’re already a professional trader that’s versed in the ways of crypto, then you can make your trades public, getting a small compensation every time someone copies your trade.

Due to these features, no matter if you’re completely new to crypto or are a veteran, NAGA has attractive features that make trading cryptocurrency a breeze.

Key Features of NAGA

One thing that makes NAGA useful for traders is the inclusion of a huge range of features in one place. Instead of having to use separate applications for different financial functions, like trading crypto or accessing the stock market, you’ll be able to do everything in one place. 

This single money app provides crypto trading, stock market trading, and even payment potential with their linked NAGA debit card.

Some of their top features that help benefit traders are:

• NAGA Coin

• NAGA Popular Investor

• NAGA Autocopy

• NAGA Trader

• NAGA PAY

Let’s break these down further.

NAGA COIN

Acting as the core fuel element for NAGA Social Bettering, DeFi, and Naga Trading, the NAGA coin (NGC) provides a range of functions that benefit users of the NAGA ecosystem.

If you’re a professional trader, you can earn NGC for everyone that copies your trade. Each time your positions are copied, NAGA will pay you out with NCG, earning you money while on the platform. As more people copy their positions, their NGC return will increase, allowing instant payment and boosting emphasis on social trading within the platform.

Additionally, those who decide to get paid out in NGC can reduce their fees, further incentivizing the active movement of currency into the coin. 

NAGA Autocopy 

NAGA Autocopy is the feature that started this business on its pathway to success, this unique idea setting it apart from similar financial platforms. By connecting influencers to followers and vice-versa through the ‘follow’ tool, a user will be able to see what trades others are currently making.

They can then decide to use the Autocopy feature on that user, instantly creating a link between their account and the trader’s account. Whenever the trader makes a purchase, the same trade will be executed on the follower’s account - without delays and with exact price guarantees.

This feature is the center of NAGA’s community, with followers paying €1 to copy a trade. This is then put into a Popular Investor Fund, giving back to the influences that draw people to the platform. 

If you’re new to trading, this feature can allow you to skip the learning stages, directly mirroring the actions of the world’s best traders and making your financial investments a breeze.

NAGA Popular Investor

With an active community of over 1,000,000 users, NAGA thrives on social trading. One of the main ways they incentivize communication on the platform is through their popular investor program. A skilled trader can establish themselves in the community. When people decide to copy their trades, they’ll receive direct payment from the Popular Investors’ Fund.

The more people that copy an investor’s trades, the more that investor will receive. A Popular Investor can make up to $100,000 a month from this platform, demonstrating the incredible power of social trading. 

NAGA Trader

As an all-in-one crypto exchange, wallet, and trading platform, NAGA’s application allows its users to perform a range of financial actions within one wallet. Instead of having different applications for certain financial functions, you’ll be able to access:

• NAGA Social Neo-broker - With over 1,500 different tradable assets, you’ll be able to trade stocks with just the tap of a button.

• NAGA Crypto - Acting as a crypto wallet for all of your favorite cryptocurrencies, you’ll be able to trade crypto, as well as exchange NFTs.

• NAGA Neo-Bank - Setting the app apart from other trading platforms, NAGA also has a debit card that directly connects to your account, giving you an on-the-go bank account.

All of these features are within the app, making your financial portfolio management as easy as possible.

NAGA Pay 

The NAGA debit card allows you to pay for anything globally, with the money coming straight out of your portfolio. The NAGA Neo-Bank will enable you to keep absolutely all of your finances in one place, accessing payment methods through the NAGA application. 

Final Thoughts

With community trading at the center of NAGA, this business is ushering in a new era of trading, one that places the sharing of ideas, copying of trades, and community engagement at its core.

Whether you’re just getting into trading or have been doing it for years, NAGA’s features make trading easier than ever. With the additional possibilities to use NAGA as a bank, crypto wallet, and stock portfolio, this app is great for any investor that’s looking to keep all of their finances in one location.