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Trades social network attracted more than 35 million users in November

According to a report from Engadget, Meta’s new social platform, Threads, has achieved significant success in a short period of time. With more than 35 million new users in November alone, this text-based platform is quickly becoming a serious competitor to existing social platforms.

One of the main reasons for the success of Trades is its integration with Instagram. This integration allows Instagram users to easily access Threads. Also, Meta uses its extensive resources to promote Trades, which has played a significant role in increasing the number of users of this text-based platform.

However, Trades is not the only text-based social network in the market, and BlueSky, as a decentralized social platform like Trades, has experienced significant growth in recent months. BlueSky has managed to attract many disgruntled X users by promising to protect users’ privacy and offer a more open platform compared to competitors.

According to the provided statistics, the number of monthly active users of Trades reaches more than 275 million people. This figure is very impressive compared to the number of monthly active users of Bluesky, which is estimated to be around 20 million. It goes without saying that Trades has extensive financial and technical support from Meta and has more resources compared to Bluesky, which operates as an open source project.

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Trades is trying to present itself as a more attractive alternative to users by copying some features of BlueSky. The platform recently added features such as custom feeds and changing the default feed to the people users follow. This action shows that Trades is serious about competing with Bluesky and is trying to provide a better user experience for its users.

All in all, the rapid growth of Trades and its fierce competition with Bluesky shows that the market for text-based social networks is still hot. Users are looking for platforms that allow them to freely express their thoughts and opinions while providing an enjoyable user experience. Due to this demand, it is expected that the competition between Trades and Bluesky will continue in the future and both platforms will try to attract more users by providing new features and improving the user experience.

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