Enjoy Easier Futures Trading Through CoinEx Futures
June 01 2022 - 5:57AM
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According to TokenInsight 2021 Crypto Trading Industry Annual
Review, the industry continues to break through, with 2021
full-year trading volume reaching $112 trillion, of which about
half is futures contracts ($57 trillion), compared with spot
trading that accounts for 43% ($49 trillion). In addition, the
total crypto trading volume increased 3.37 times year on year. To
be specific, futures contracts have grown the most by nearly 6
times, spot 2.3 times, and delivery contracts 2.36 times only. The
overall data presented in the Review shows rapid growth in the
futures market in 2021. It has now surpassed the spot market and
become a mainstream investment channel, which indicates the
market’s growing popularity. In contrast to the lack of diversity
in the spot market, futures, especially linear contracts, allow
users to earn profits through long-term holding and high leverage,
without having to hold different types of cryptos. Thanks to such
an advantage, a growing number of crypto investors are venturing
into the futures market. It is clear that a large group of
investors recognize the great market prospects of futures, while
the futures category has also captured the crypto spotlight. Under
such circumstances, crypto exchanges can gain a foothold in the
futures market and register fast growth in trading volumes only by
improving their futures products while providing more user-friendly
trading services. Although the futures market has become the
primary investment choice of many crypto users, futures contracts
remain inaccessible to most newcomers to this industry. First of
all, the futures market, a place for trading crypto derivatives, is
highly fragmented and lacks unified standards. In addition, futures
contracts offered by different crypto exchanges come with varying
structures, and their terms and conditions drastically differ. For
instance, futures contracts provided by some exchanges are
complicated and require high learning costs, while others offer
professional-exclusive futures mechanisms that are not friendly to
beginners. In addition to security and stability, investors who
just forayed into the futures market should also consider product
simplicity and ease of use when choosing a suitable futures trading
platform. In this respect, CoinEx Futures comes as a good choice as
it strives to provide easier futures trading services for users. I.
CoinEx Futures: A simple webpage & An intuitive futures segment
To begin with, CoinEx provides a simple, straightforward webpage
for futures trading. After entering the futures page, users can
first pick a market for trading linear/inverse contracts according
to their needs, and once a market has been selected, they will see
the present market conditions and existing orders right away.
Secondly, before choosing the margin and starting a position, users
can easily find the Futures Tutorial on the right side to learn
about futures trading in no time. By watching the video tutorials
and completing the quiz, beginners will become more familiar with
the trading process before opening a position. II. KYC-free futures
trading: CoinEx preserves traders’ anonymity When trading futures
on CoinEx, users do not have to go through any KYC authentication,
which resolves an operating dilemma facing crypto users in certain
countries/regions. At the same time, the exchange protects users’
assets with multiple security strategies. In addition to an
anonymous, secure trading environment, CoinEx also promises that
all crypto assets will be 100% reserved, allowing users to start a
position and earn profits with zero concerns. III. CoinEx helps
users mitigate the position risks more conveniently via multiple
futures trading mechanisms To help users manage positions and
control the relevant risks with ease, CoinEx has introduced
multiple futures mechanisms such as Auto-deleveraging (ADL), the
Insurance Fund, and the Funding Fee. The Index Price of CoinEx
Futures is determined by the average spot price recorded by
multiple trading platforms and features a built-in
exception-processing logic. This allows the Index Price to
fluctuate within a normal range when the price provided by a single
platform becomes significantly volatile, thereby eliminating
worries for futures traders. IV. Step-by-step tutorials on futures
trading at the all-inclusive Help Center CoinEx offers a
professional, all-encompassing Help Center that allows users to
dive right into blockchain know-how and learn how to trade cryptos
through step-by-step instructions. Through simple illustrated
articles and videos, as well as simulated futures trades, offered
by the Help Center, users can get familiar with futures in no time.
Meanwhile, they can also search for definitions of futures jargon
through the Help Center. During the past 5 years since its
inception, CoinEx has earned extensive user recognition with its
well-established product ecosystem, smooth, stable trading
experiences, and satisfying user services. According to data
released by CoinEx in 2021, the exchange made a huge breakthrough
in terms of its futures trading volume, which is convincing
evidence that CoinEx Futures has become increasingly recognized
among crypto investors. At the moment, CoinEx provides 100+ futures
markets. This year, the exchange will continue to prioritize
futures and offer a more diversified selection of futures markets,
as well as easier, more convenient trading experiences.
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