Professional crypto trading platform moves futures out of the realm of professional investors

Derivatives markets have gained popularity for offering traders increased options to diversify their investment portfolios. With derivatives come more exposure to crypto assets, more sophisticated trading strategies and increased market liquidity to the underlying asset. 

However, at present, most perpetual or derivatives exchanges are deployed by professional traders, making these offerings near impossible to access as an ordinary trader. For this reason, derivatives are often considered a “black box” within the financial world since few understand them.

Fortunately, cryptocurrencies have become popular for their ability to level the playing field regarding access to financial tools. Therefore, with the right tools, the cryptocurrency derivatives market may become more widely accessible for the everyday investor, requiring only some capital and an email address. As a result, the cryptocurrency derivatives market is now said to dominate the normal market, growing due to increased recognition and access opportunities.

Standing at the corner of derivative growth is CoinEx, one of the earliest global trading platforms in the industry today. Since the CoinEx founding in 2017, the platform has grown to include a full range of products and services dedicated to making crypto trading easier, including spot trading, margin trading and automated market maker (AMM) for over 3 million users.

Most recently, this has included an extension into the derivatives market with CoinEx Futures. As of 2021, the trading volume of the market was said to have surged by 6,840% over the previous year.

Where simple meets secure

As market recognition for the prospect of crypto futures grows, the competition for derivatives platforms has only increased. With intensified competition, CoinEx has recognized the need to continue differentiating itself to support the growing market. The team has since pinpointed a gap in the market from the common misconception that a product could either be simple and easy to use or professional and secure.

With an updated slogan of “making crypto trading easier,” it is only fitting that the platform aims to address these concerns by offering easy-to-use futures products that can reduce the threshold for entering the market. Effectively, this will reposition crypto futures trading away from the realm of professional traders. The simplicity will then become evident through easy operations, convenient order placement, clear position information and an altogether smooth process from the opening to the closing of a position. Additionally, all features, including take-profit (TP) and stop-loss (SL) orders, futures calculators and one-click liquidation, which support ongoing management, are available via the single access point of CoinEx futures.

In addition to design, CoinEx further supports new investors with learning material to help users understand the basics through simulated operational tutorials created and distributed by the platform. The educational material is said to help users avoid the common traps in futures trading.

Although simple to use, CoinEx offers wide functionality with access to more than 100 futures markets, providing users with the ability to trade both linear contracts and inverse contracts, both of which exist in multiple trading pairs. The platform also looks at a pricing mechanism original to their offering, Mark Price, to determine the futures price on the most well-known platforms to protect investors from abnormal market swings and futures mechanisms, such as the Insurance Fund and Auto-Deleveraging (ADL), to eliminate clawback for liquidation.

To preserve investor security, CoinEx futures also leverages a backing of strong risk-control measures and security mechanisms. Their high-security standards are evident in the absence of security breaches, which have remained at zero since their inception five years ago.

Multiple futures mechanisms

With an increasingly global presence across over 200 countries and regions, CoinEx futures is now positioned as a well-rounded offering complete with linear and inverse futures contract markets and support for up to 100x leverage. CoinEx users may also benefit from additional releases from the last 12 months, including take-profit, stop-loss, close all and a profit and loss (PNL) analysis of futures within 180 days.

As the platform continues to develop, its offering proves well-equipped to make derivatives trading easier for all.