In response to TokenInsight 2021 Crypto Buying and selling Trade Annual Evaluate, the business 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 full 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 knowledge offered within the Evaluate exhibits speedy progress within the futures market in 2021. It has now surpassed the spot market and turn into a mainstream funding channel, which signifies the market’s rising reputation.
In distinction to the shortage of range within the spot market, futures, particularly linear contracts, enable customers to earn earnings by means of long-term holding and excessive leverage, with out having to carry various kinds of cryptos. Due to 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 nice 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 turn into the first funding alternative of many crypto customers, futures contracts stay inaccessible to most newcomers to this business. To begin 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 completely different crypto exchanges include various buildings, and their phrases and circumstances drastically differ. As an example, futures contracts supplied by some exchanges are difficult and require excessive studying prices, whereas others provide professional-exclusive futures mechanisms that aren’t pleasant to newcomers.
Along with safety and stability, traders who simply forayed into the futures market also needs to think about 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 offers a easy, simple webpage for futures buying and selling. After getting into the futures web page, customers can first choose a marketplace for buying and selling linear/inverse contracts in accordance with their wants, and as soon as a market has been chosen, they may see the current market circumstances and current orders immediately.
Secondly, earlier than selecting the margin and beginning a place, customers can simply discover the Futures Tutorial on the proper facet to study futures buying and selling very quickly. By watching the video tutorials and finishing the quiz, newcomers will turn into extra conversant in 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 should not have to undergo any KYC authentication, which resolves an working dilemma going through crypto customers in sure international locations/areas. On the similar time, the alternate protects customers’ property with a number of safety methods. Along with an nameless, safe buying and selling atmosphere, CoinEx additionally guarantees that each one crypto property shall be 100% reserved, permitting customers to start out a place and earn earnings with zero considerations.
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 comparable to Auto-deleveraging (ADL), the Insurance coverage Fund, and the Funding Price. The Index Value of CoinEx Futures is set by the common spot worth recorded by a number of buying and selling platforms and contains a built-in exception-processing logic. This permits the Index Value to fluctuate inside a standard vary when the value supplied by a single platform turns into considerably unstable, thereby eliminating worries for futures merchants.
IV. Step-by-step tutorials on futures buying and selling on the all-inclusive Assist Heart
CoinEx provides an expert, all-encompassing Assist Heart that permits customers to dive proper into blockchain know-how and learn to commerce cryptos by means of step-by-step directions. By easy illustrated articles and movies, in addition to simulated futures trades, supplied by the Assist Heart, customers can get conversant in 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 intensive consumer recognition with its well-established product ecosystem, clean, secure buying and selling experiences, and satisfying consumer providers. In response to knowledge launched by CoinEx in 2021, the alternate made an enormous breakthrough by way of its futures buying and selling quantity, which is convincing proof that CoinEx Futures has turn into more and more acknowledged amongst crypto traders. In the mean time, CoinEx offers 100+ futures markets. This 12 months, the alternate will proceed to prioritize futures and provide a extra diversified collection of futures markets, in addition to simpler, extra handy buying and selling experiences.