Over the previous yr, the buying and selling quantity of futures had surged. Thanks to the crypto bull of 2021, a variety of decentralized initiatives have flourished, which has catalyzed the expansion of the futures market. As the crypto bull superior, the futures market remained common all through 2021. Right now, it has even surpassed the spot market and turn into the mainstream funding alternative amongst crypto customers. Meanwhile, the buying and selling quantity of futures has reached new highs regardless of the swap to a bear market. Earning multiplied returns by buying and selling futures is without doubt one of the main methods to revenue from a bearish market.
Driven by the rising market recognition for the prospect of crypto futures, competitors on this class has intensified. As a rising variety of crypto buyers foray into the futures market, the key crypto buying and selling platforms are concerned in fierce competitors. Today’s futures market is a giant cake, and solely platforms with sound merchandise could seize extra shares.
As a long-standing crypto buying and selling platform, CoinEx began investing within the futures class a very long time in the past and has been dedicated to creating higher futures merchandise. The change is without doubt one of the earliest world crypto buying and selling platforms with a full vary of services and products. CoinEx took a long-term view when the spot market was flourishing and ventured into the derivatives market to offer customers with versatile crypto services and products. This additionally laid a strong basis for the expansion of CoinEx Futures. In 2021, the buying and selling quantity of CoinEx Futures surged by 6,840% year-on-year, which was an enormous breakthrough.
In a market the place the key crypto buying and selling platforms are attempting all the things to take extra shares of the futures market, how ought to CoinEx stand out?
In the previous, due to their robust useful resource reserve and funding capability, giant buying and selling platforms had an absolute benefit when competing with rivals in a brand new subject. Moreover, in contrast with much less established platforms, the giants are additionally extra skilled within the futures phase. At the second, the variety of futures buyers is on the rise, and their requirement for futures merchandise has additionally turn into more and more rigorous. Apart from market recognition, buyers’ pursuits hinge on many different points, spanning the product expertise, the variety of buying and selling pairs out there, the principles of the funding fee, the Auto-Deleveraging (ADL) mechanism, insurance coverage funds, and platform liquidity. At the top of the day, buyers will come to appreciate that easy, easy-to-use merchandise {and professional}, satisfying companies are the essential elements that entice them to a buying and selling platform and persuade them to remain.
Recently, CoinEx has upgraded its slogan to “Making Crypto Trading Easier”, which signifies that CoinEx Futures can even shift in direction of simplicity and ease of use via enhancements. By providing easy futures merchandise, CoinEx will shatter the excessive threshold of futures buying and selling as buyers used to consider. Meanwhile, the change additionally goals to permit all crypto buyers to commerce futures with ease, transferring futures buying and selling out of the realm that’s unique to skilled merchants.
Most customers who’ve traded futures on CoinEx are glad with its easy, easy-to-use options. First of all, with simple operations, handy order placement, and clear place info, CoinEx customers can commerce futures via a particularly clean course of from the second they begin a place to the second they shut it. Secondly, earlier than beginning to commerce futures on CoinEx, customers can rapidly grasp the important thing factors via simulated operation tutorials offered by the platform, which assist them keep away from the widespread traps in futures buying and selling. Finally, due to the all-inclusive, easy-to-use options, together with TP & SL, one-click liquidation, and futures calculator, offered by CoinEx Futures, customers can handle their positions effortlessly.
CoinEx now options greater than 100 futures markets the place customers can commerce each linear contracts and inverse contracts, with a number of buying and selling pairs out there. In addition, the change makes use of a novel worth mechanism referred to as the Mark Price, which is set by the futures worth on many mainstream platforms and protects customers from irregular market swings. Meanwhile, CoinEx has additionally launched a number of futures mechanisms, masking the Insurance Fund and Auto-Deleveraging (ADL), to ensure zero clawback for liquidation.
Many customers have this misperception that “simple, easy-to-use products are never professional or secure”. In reality, the alternative is true — CoinEx Futures are backed by robust risk-control measures and safety mechanisms, which allow clean, safe, dependable futures buying and selling companies and assist merchants seize the first-mover benefit. It must be famous that CoinEx has by no means suffered any safety breach since its inception 5 years in the past. Though most of the prime platforms confronted scandals comparable to safety assaults, CoinEx has managed to protect its system safety, permitting all crypto customers to commerce futures in a safe, regular method on the change.
Security is important to the existence and progress of crypto buying and selling platforms, whereas easy, easy-to-use futures merchandise perform because the cornerstone of the final crypto market. CoinEx is all set to face out from its rivals amidst the cut-throat competitors.
