The trading volume for futures has increased by over 80% in the last year. The crypto bull of 2021 has allowed for a variety of decentralized projects to flourish, which has accelerated the growth of futures markets. As the crypto bull advanced the futures markets remained very popular through 2021. The spot market has been outperformed by the futures market, making it the preferred investment for crypto enthusiasts. The trading volume for futures is at an all-time high despite the change to a bearish market. Trading futures can help you earn multiplied profits in a bear market.
The increasing popularity of the possibility of trading in crypto futures has driven increased competition. The major trading platforms for crypto have been in intense competition as a growing number crypto investors venture into futures markets. Today’s futures market is a big cake, and only platforms with sound products may grab more shares.
CoinEx is a well-established crypto trading platform that started investing in the futures market a while back. Since then, CoinEx has worked hard to create better futures products. It is the first global cryptocurrency trading platform to offer a wide range of services and products. CoinEx began to look long-term as the spot market was growing and expanded into the derivatives space in order provide customers with a variety of services and products. It also provided a strong foundation for CoinEx Futures’ growth. It was also a significant breakthrough that CoinEx Futures’ trading volume grew 6,840% annually by 2021.
How can CoinEx be different in a world where major cryptocurrency trading platforms try everything to get more futures market shares?
Large trading platforms have always had an advantage over their rivals due to the strength of their funding and resource reserves. The platforms that are more established in the futures sector have a higher level of experience than those with less. The number of futures traders is increasing and so has their demand for futures products. Apart from market recognition, investors’ interests hinge on many other aspects, spanning the product experience, the number of trading pairs available, the rules of the funding rate, the Auto-Deleveraging (ADL) mechanism, insurance payments, and platform liquidity. Investors will realize that easy-to-use, simple-to-use services and professional support are key elements that draw them to a platform for trading and keep them there.
Recently, CoinEx has upgraded its slogan to “Making Crypto Trading Easier”, which indicates that CoinEx Futures will also shift towards simplicity and ease of use through improvements. CoinEx is able to provide simple futures products that will dispel the misconceptions of high-risk futures trading. Meanwhile, the exchange also aims to allow all crypto investors to trade futures with ease, moving futures trading out of the realm that’s exclusive to professional traders.
Many users have enjoyed trading futures through CoinEx and are happy with the simple features. CoinEx users have the ability to trade futures in a very smooth manner, starting with the opening of a position and ending it at the end. Second, CoinEx users have access to simulated operations tutorials that help them quickly learn the basics of futures trading. Finally, thanks to the all-inclusive, easy-to-use features, including TP & SL, one-click liquidation, and futures calculator, provided by CoinEx Futures, users can manage their positions effortlessly.
CoinEx offers more than 100 futures markets, where you can trade linear and inverse contracts. There are multiple trading pairs. A unique price mechanism known as the Mark Price is used by CoinEx. It’s determined using the futures price from many major platforms. This protects users against abnormal market swings. CoinEx also offers multiple futures options, including Auto-Deleveraging and the Insurance Fund, to ensure that there is no clawback in liquidation.
Many users have this misperception that “simple, easy-to-use products are never professional or secure”. In fact, the opposite is true — CoinEx Futures are backed by strong risk-control measures and security mechanisms, which enable smooth, secure, reliable futures trading services and help traders seize the first-mover advantage. CoinEx was established 5 years ago and hasn’t been affected by any security incidents. CoinEx, unlike many other top platforms, has not been subject to security breaches. This allows all users of crypto to trade futures on an exchange in a safe and steady way.
Crypto trading platforms must be secure. Simple, straightforward futures products are the foundation of cryptocurrency market. CoinEx will be able to distinguish itself from the rest of its competitors in a sea of fierce competition.