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What is Melbo?

Melbo is a web-based platform that allows users to participate in a prediction market by trading shares tied to the results of various real-world events. Each market presents a simple Yes/No question, with share prices reflecting the overall probability of each outcome; shares that are accurately resolved will earn a payout of $1. Users can access a broad spectrum of markets encompassing areas such as politics, sports, esports, cryptocurrency, business, and science, and they have the flexibility to buy or sell shares at any time before a market is resolved. To register, individuals can use their email, Google, or Telegram accounts, and each registration includes a built-in non-custodial wallet for ease of transactions. Wallets can be funded using USDC on the Polygon network, with trades starting at a minimum amount of $1, and Melbo covers the associated network gas fees. The trading process is facilitated through third-party smart contract markets, while the final market outcomes are determined by a decentralized oracle. A fee of 1% is applied to market orders, in addition to a liquidity fee that differs by category, though limit orders, deposits, withdrawals, and payouts incur no charges. This platform is exclusively designed for users aged 18 and older, and there are specific geographic restrictions in place; participants should also keep in mind the risk of financial losses associated with trading. Ultimately, Melbo strives to foster an engaging and user-friendly experience for individuals eager to make predictions about a wide variety of events, enhancing the excitement of trading and speculation.

What is CopyFi?

CopyFi is an innovative no-code platform for creating customized strategies in copy trading. In contrast to conventional copy trading that directly mirrors another trader's actions—thereby replicating their position sizes, leverage levels, and any potential mistakes—CopyFi allows users to incorporate their unique set of rules, establishing a protective barrier between the signals of other traders and their own accounts. Users can choose which traders to follow, identify their preferred markets, specify position sizes, set leverage limits, and decide when to pause trading activities. The platform features an intuitive visual block interface for assembling logic, which removes the necessity for any coding skills, and it provides the option to test strategies using real market data before making any financial commitments. Once a strategy is perfected, it can be implemented on the user’s selected brokerage or exchange account. Notably, CopyFi operates as a non-custodial service, enabling users to retain control of their funds within their own exchange accounts, utilizing API keys that restrict access to only read and trade functionalities, thus minimizing the risk of withdrawals. This method not only encourages traders to participate in copy trading with confidence but also ensures they maintain complete oversight of their investments, fostering a more secure trading environment. Ultimately, CopyFi empowers users to create tailored trading experiences that align with their individual preferences and risk appetites.

Media

No images available

Media

No images available

Integrations Supported

Google
Polygon
Telegram

Integrations Supported

API Availability

API Availability

Pricing Information

Market orders incur a 1% platform fee plus a category-dependent liquidity fee. Limit orders, deposits, withdrawals and payouts are fee-free. Minimum trade: $1; network gas is covered by Melbo.
Free Version

Pricing Information

Free
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Not specified

Company Facts

Organization Name

Melbo

Company Location

British Virgin Islands

Company Website

melbo.io

Company Facts

Organization Name

CopyFi

Company Website

copyfi.ai

Categories and Features

Prediction Market

Not specified

Categories and Features

Copy Trading

Not specified

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