Based on TokenInsight 2021 Crypto Buying and selling Trade Annual Evaluate, the trade continues to interrupt by means of, with 2021 full-year buying and selling quantity reaching $112 trillion, of which about half is futures contracts ($57 trillion), in contrast with spot buying and selling that accounts for 43% ($49 trillion). As well as, the entire crypto buying and selling quantity elevated 3.37 occasions 12 months on 12 months. To be particular, futures contracts have grown essentially the most by almost 6 occasions, spot 2.3 occasions, and supply contracts 2.36 occasions solely. The general information offered within the Evaluate exhibits fast progress within the futures market in 2021. It has now surpassed the spot market and change into a mainstream funding channel, which signifies the market’s rising recognition.
In distinction to the dearth of range within the spot market, futures, particularly linear contracts, permit customers to earn earnings by means of long-term holding and excessive leverage, with out having to carry various kinds of cryptos. Because of such a bonus, a rising variety of crypto traders are venturing into the futures market. It’s clear that a big group of traders acknowledge the good market prospects of futures, whereas the futures class has additionally captured the crypto highlight. Beneath such circumstances, crypto exchanges can acquire a foothold within the futures market and register quick progress in buying and selling volumes solely by enhancing their futures merchandise whereas offering extra user-friendly buying and selling providers.
Though the futures market has change into the first funding selection of many crypto customers, futures contracts stay inaccessible to most newcomers to this trade. To start with, the futures market, a spot for buying and selling crypto derivatives, is extremely fragmented and lacks unified requirements. As well as, futures contracts supplied by totally different crypto exchanges include various buildings, and their phrases and situations drastically differ. As an example, futures contracts offered by some exchanges are sophisticated and require excessive studying prices, whereas others provide professional-exclusive futures mechanisms that aren’t pleasant to freshmen.
Along with safety and stability, traders who simply forayed into the futures market also needs to contemplate product simplicity and ease of use when selecting an acceptable futures buying and selling platform. On this respect, CoinEx Futures comes as a sensible choice because it strives to offer simpler futures buying and selling providers for customers.
I. CoinEx Futures: A easy webpage & An intuitive futures section
To start with, CoinEx gives a easy, simple webpage for futures buying and selling. After coming into the futures web page, customers can first decide a marketplace for buying and selling linear/inverse contracts in accordance with their wants, and as soon as a market has been chosen, they are going to see the current market situations and present orders immediately.
Secondly, earlier than selecting the margin and beginning a place, customers can simply discover the Futures Tutorial on the best aspect to find out about futures buying and selling very quickly. By watching the video tutorials and finishing the quiz, freshmen will change into extra acquainted with the buying and selling course of earlier than opening a place.
II. KYC-free futures buying and selling: CoinEx preserves merchants’ anonymity
When buying and selling futures on CoinEx, customers would not have to undergo any KYC authentication, which resolves an working dilemma dealing with crypto customers in sure nations/areas. On the identical time, the trade protects customers’ property with a number of safety methods. Along with an nameless, safe buying and selling atmosphere, CoinEx additionally guarantees that every one crypto property will probably be 100% reserved, permitting customers to begin a place and earn earnings with zero issues.
III. CoinEx helps customers mitigate the place dangers extra conveniently through a number of futures buying and selling mechanisms
To assist customers handle positions and management the related dangers with ease, CoinEx has launched a number of futures mechanisms akin to Auto-deleveraging (ADL), the Insurance coverage Fund, and the Funding Payment. The Index Value of CoinEx Futures is set by the typical spot value recorded by a number of buying and selling platforms and includes a built-in exception-processing logic. This permits the Index Value to fluctuate inside a traditional vary when the value offered by a single platform turns into considerably risky, thereby eliminating worries for futures merchants.
IV. Step-by-step tutorials on futures buying and selling on the all-inclusive Assist Heart
CoinEx gives an expert, all-encompassing Assist Heart that permits customers to dive proper into blockchain know-how and discover ways to commerce cryptos by means of step-by-step directions. Via easy illustrated articles and movies, in addition to simulated futures trades, supplied by the Assist Heart, customers can get acquainted with futures very quickly. In the meantime, they’ll additionally seek for definitions of futures jargon by means of the Assist Heart.
Through the previous 5 years since its inception, CoinEx has earned in depth person recognition with its well-established product ecosystem, clean, secure buying and selling experiences, and satisfying person providers. Based on information launched by CoinEx in 2021, the trade made an enormous breakthrough when it comes to its futures buying and selling quantity, which is convincing proof that CoinEx Futures has change into more and more acknowledged amongst crypto traders. In the meanwhile, CoinEx gives 100+ futures markets. This 12 months, the trade will proceed to prioritize futures and provide a extra diversified collection of futures markets, in addition to simpler, extra handy buying and selling experiences.