In today’s market, many exchanges, including traditional exchanges like Binance, Huobi, Bybit, and KuCoin, have introduced futures contracts. Huobi has extensive experience in futures and offers a wide range of linear/inverse contract markets. However, its market share has fallen sharply, and the platform’s user traffic is also down. Both Bybit and Binance are professional futures trading platforms that require a high threshold. The bad news is that Bybit was kicked out of the UK by the FCA, while Binance suffered several security breaches.
Futures beginners should avoid professional trading platforms that require a high threshold. Instead, they should opt for a platform like CoinEx, which has a low threshold and simple operations. Today we are going to look at the benefits of CoinEx Futures under 5 aspects.
1. CoinEx Futures boasts of simple, easy-to-use and convenient operations
First, compared to professional-centric futures trading platforms like Binance and Bybit, CoinEx Futures offers simple and easy-to-use products. It aims to enable all cryptocurrency investors to trade futures with ease, taking futures trading out of the exclusive realm of professional traders.
With easy operations, convenient order placement, and clear position information, CoinEx users can trade futures through an extremely smooth process. Second, before starting to trade futures contracts on CoinEx, users can quickly master the key elements through simulated trading tutorials provided by the platform, which helps them avoid common pitfalls in futures trading. term.
In terms of functionality, CoinEx Futures provides comprehensive and easy-to-use functions such as TP&SL, Close All, and Futures Calculator, which helps users manage their positions more easily.
2. CoinEx prides itself on a zero accident record in the face of frequent security scandals from its peers.
In 2020, KuCoin suffered a severe hacking incident that resulted in an asset loss of approximately $275 million. Besides KuCoin, Binance, a leading cryptocurrency exchange, has also been hacked several times. In 2019, over 7,000 bitcoins were stolen from the exchange. The frequent security breaches that Binance has suffered from endanger the bond of trust between this leading crypto exchange and its users in the long term.
CoinEx, on the other hand, has not suffered from any security scandals in the 5 years since its establishment, indicating the strength of its security system. On CoinEx, all crypto assets are 100% reserved. The exchange does not misuse user assets for any reason. In addition, all withdrawals are processed 100% on time. CoinEx has also adopted multiple security strategies and implemented a well-rehearsed security system to fully protect its system and user assets. For example, the exchange regularly performs penetration tests to quickly identify security vulnerabilities, and monitors any abnormal changes to the system in real time.
3. CoinEx has a comprehensive product line that covers all cryptocurrency categories
Apart from futures, CoinEx also offers many other products and services, including margin trading, AMM, mining, financial service, and CoinEx Dock. The exchange has trading sections for BTC, BCH, ETH, and stablecoins, over 500 top-notch innovative cryptos, and nearly 1,000 trading markets. As a ViaBTC Group exchange, CoinEx is backed by a comprehensive ecosystem that brings together a mining pool, an exchange, a wallet, a public chain and an institutional investor. Today, CoinEx has won recognition from users around the world for its fast and stable performance and smooth deposit/withdrawal. Going forward, the exchange will continue to strive to build a comprehensive and stable service ecosystem.
4. Backed by a technological background, CoinEx boasts years of expertise in the cryptocurrency space
According to its official introduction, CoinEx is backed by a founding team of technical experts who have a wealth of experience in systems, operations, and wallet security. For example, Haipo Yang, the founder of CoinEx, is a leading technical expert in the industry. In his early days, he launched ViaBTC Pool and did all the coding. Additionally, CoinEx core team members all have experience in world-renowned internet or finance-focused companies, including some of the earliest cryptocurrency practitioners and investors. The team has expertise in technology R&D and global operations.
In terms of technology, CoinEx has independently built the world’s first 10,000 TPS transaction matching engine, which allows it to perform 10,000 transactions per second, operating stably despite concurrent massive transactions. . Also, on CoinEx, deposits come in as fast as five minutes, and small withdrawals are processed in real time. CoinEx’s system remains stable and solid, even when trading volume explodes during a bull market.
5. Focusing on user experience, CoinEx continues to push globalization
While establishing a global presence, CoinEx has always prioritized products and services and user experiences. In exploring international markets, the exchange has remained committed to product development and the principle of user first. Currently, CoinEx provides services to markets around the world 24/7. Available in 16 languages, the exchange continues to venture into new markets.
It should be noted that the design of the CoinEx product presents an interactive experience that combines elements such as aesthetics, simplicity, smoothness and practicality, which allows users to enjoy simple and elegant operations. It also shows that the CoinEx team has always been committed to product improvement, providing users with more satisfying and considerate one-stop crypto trading services.
Overall, when choosing a suitable futures trading platform, besides security, users should consider whether a platform’s products are easy to use and its operations are convenient. Furthermore, they must also consider the products and services available on a platform to have efficient and satisfying crypto trading experiences.
Warning: This article is promotional content and does not constitute investment advice. Do your own research and only invest the money you can afford to lose.
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5 Benefits of Trading Futures on CoinEx
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