When investing in crypto exchanges, crypto users have several options. The first option is spot trading (i.e. buying BTC). However, in this case, investors can profit from holding crypto only if the price increases with the volatility of the crypto market.
The second option is to trade derivatives. For example, when trading delivery contracts, investors can earn more profits from price swings through high leverage compared to their spot returns. But they cannot hold on delivery contracts long term as they will eventually expire. This is where the third option comes in – futures contracts.
Although both futures contracts are financial derivatives However, unlike delivery contracts, futures contracts do not have an expiration date, meaning investors can hold the contract indefinitely. Traders can open positions and start trading without owning the underlying asset. Unlike spot traders with many advantages As a result, futures contracts now account for half of the crypto market in terms of trading volume.
Many crypto trading platforms now offer futures contracts in terms of functionality. These platforms can be roughly divided into two types: entry-level platforms. and pro platform Although the pro platform is more suitable for experienced futures traders or professional traders. But it is not friendly to inexperienced investors.
On the other hand, the entry-level platform is designed for crypto beginners and on such platforms. Beginners can gain more trading experience and profit from futures through simple and convenient futures functions.
Over the past few years, CoinEx has accelerated its efforts to innovate and optimize futures trading. Covers product upgrades trading mechanism asset protection and service and experience This has helped to gain widespread recognition among futures traders. In 2021, the company has made a big breakthrough in terms of futures trading volume. And the main contributor to its success is futures products that are simple and easy to use.
I. CoinEx Futures offers simple and easy-to-use functions covering a wide range of major crypto markets and trends.
According to CoinEx’s website, futures contracts currently cover major crypto trading markets such as BTC and ETH, as well as several promising cryptos including AAVE, AVAX, and SOL. on CoinEx via both the web and the app.
Opening/closing positions on CoinEx is very easy, users can do it on their website or mobile app, or close positions with one click. CoinEx Futures also has a TP & SL feature which allows users to generate TP/SL prices for their current position. their When the market price touches the TP/SL price, the position will be closed automatically. And users won’t have to worry about holding positions overnight. This function also makes it easier for users to trade futures on CoinEx. after opening status Users can check the real-time PNL of their current position to make informed trading decisions.
II. CoinEx Futures covers more than 100 futures markets.
In addition to a wide range of features Coverage is also one of the key indicators of the overall strength of a futures trading platform. In general, the more different types of futures a platform offers, the stronger it is in terms of products and technologies. CoinEx currently has over 100 futures markets and is introducing futures products that are recognized by the crypto market. It also shows that CoinEx pays close attention to the trading needs of its users as well as consistent efforts to personalize its products.
III. CoinEx helps users seize market opportunities with low trading fees and a secure and stable system.
Although product diversification is the main factor influencing the platform’s market share while the market continues to mature The full focus on core crypto assets in future development and operation is unlikely to attract users or maintain market share over the long term. and to be more competitive The trading platform should provide other types of futures that cater to different investment needs based on the latest market developments. Over the years CoinEx has compiled a huge list of innovative digital assets and premium cryptocurrencies. This allows users to seize advantages and gain widespread recognition among crypto investors.
In addition, the user experience of futures trading is of paramount importance. And it must always put its users first. CoinEx has not experienced any security breaches in the 5 years since its inception. It has long devoted itself to improving the user experience and optimizing its products and services. with low trading fees easy to use product and a safe and stable system, CoinEx has become one of the favorite futures trading platforms among crypto users.