What makes CoinEx the most popular futures trading platform among beginners?


When making investments on a crypto exchange, crypto users have several choices. The first choice is spot trading (e.g. buying BTC). However, in this case, investors can only benefit from their crypto holdings when the price rises against the volatility of the crypto market. The second choice is to trade derivatives. For example, when trading delivery contracts, investors can make more profit from price fluctuations through high leverage compared to their cash returns. Still, they couldn’t hold onto their supply contracts in the long run as such contracts will eventually expire, which is where the third option comes in handy: futures contracts.

While both are financial derivatives, futures contracts differ from delivery contracts in that they do not have expiration/settlement days, meaning an investor can hold a futures contract indefinitely. Unlike spot traders, futures traders can open a position and start trading without having to own the underlying asset. Thanks to its many advantages, futures contracts now make up half of the crypto market in terms of trading volume.

Many crypto trading platforms now offer futures contracts. These platforms can be roughly divided into two categories in terms of features: entry-level platforms and pro-level platforms. While pro-level platforms are more suitable for experienced futures investors or professional traders, they are not friendly to inexperienced futures investors. Entry-level platforms, on the other hand, are designed for crypto novices. On such platforms, newbies can gain more trading experience and take advantage of futures through simple, convenient futures features.

In recent years, CoinEx has stepped up its efforts to innovate and optimize futures trading, with product upgrades, trading mechanisms, asset protection, and services and experiences, gaining widespread recognition among futures traders. In 2021, the exchange made a huge breakthrough in terms of futures trading volume, and a key contributor to its success is its simple, easy-to-use futures products.

I. CoinEx Futures has simple, easy-to-use features that cover multiple mainstream and trending crypto markets

According to the CoinEx website, the exchange’s futures contracts now cover mainstream crypto trading markets such as BTC and ETH, as well as multiple trending cryptos, including AAVE, AVAX, and SOL. In addition, users can trade futures on CoinEx through both the web and the app.

It is extremely easy to open/close a position on CoinEx. Users can start a position on their website or mobile app or close a position with one click. In addition, CoinEx Futures also features TP&SL, which allows users to create a TP/SL price for their current position. When the market price reaches the TP/SL price, the system automatically closes the position and users don’t have to worry about holding a position overnight. This feature has also made it easier for users to trade futures on CoinEx. Meanwhile, after opening a position, users can check the real-time PNL of their current position to make well-informed trading decisions.

II. CoinEx Futures Covers Over 100 Futures Markets

Aside from versatile features, coverage is also one of the key indicators of the overall strength of a futures trading platform. In general, the more types of futures a platform offers, the stronger it is in terms of product and technology. Currently, CoinEx has more than 100 futures markets and is introducing more futures products recognized by the crypto market. This also shows CoinEx’s focus on users’ trading needs and consistent efforts to refine products.

III. CoinEx helps users capture market opportunities with low trading fees and a secure, stable system

While product diversity is a major factor influencing the market share of a futures trading platform, as the market matures, the sheer focus on mainstream crypto assets in futures development and operation is unlikely to attract users or increase market share in the long run. term will be maintained. † As such, in order to become more competitive, a trading platform needs to offer more types of futures that meet different investment needs according to the latest market development. Over the years, CoinEx has collected innovative crypto assets and identified many premium cryptos. This has helped users to reap first-mover benefits and has earned the exchange extensive recognition among crypto investors.

In addition, the user experience of futures trading is of great importance. CoinEx always puts users first and has not had a security breach in the 5 years since its inception. The exchange has long been committed to improving user experiences and optimizing products and services. Thanks to its low trading fees, simple, easy-to-use products, and secure, stable system, CoinEx has become one of the preferred futures trading platforms among crypto users.

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