John McAfee’s New Crypto Trading Platform ‘Magic’ Goes Live
Published 1y ago via coindesk.com
Coin Desk via coindesk.com
Dubbed “Magic,” the site is touted as allowing users to “trade cryptocurrencies on multiple exchanges within a single dashboard, automatically and manually.” Notably, the exchange appears to be non-custodial, with users crypto holdings remaining on eight other exchange platforms.
Two “portals” are on offer, one for normal spot trading, the other for “shadow trading,” in which a user’s trades will be set to mimic those of pro-level traders who are “ranked by the community by their trading success,” McAfee indicated in a tweeted image. Somewhat confusingly, he said at the time:
“The McAfee Freedom Coin is designed to confront the problem of exchange head-on… It is not based on any commodity nor is it connected to the value or behavior of any external item or entity.
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