In accordance with TokenInsight 2021 Crypto Buying and selling Trade Annual Overview, the trade continues to interrupt via, 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 overall crypto buying and selling quantity elevated 3.37 occasions 12 months on 12 months. To be particular, futures contracts have grown probably the most by practically 6 occasions, spot 2.3 occasions, and supply contracts 2.36 occasions solely. The general information offered within the Overview 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 recognition.
In distinction to the shortage of range within the spot market, futures, particularly linear contracts, enable customers to earn earnings via 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 buyers are venturing into the futures market. It’s clear that a big group of buyers acknowledge the good market prospects of futures, whereas the futures class has additionally captured the crypto highlight. Beneath such circumstances, crypto exchanges can achieve a foothold within the futures market and register quick progress in buying and selling volumes solely by bettering their futures merchandise whereas offering extra user-friendly buying and selling companies.
Though the futures market has turn into the first funding alternative of many crypto customers, futures contracts stay inaccessible to most newcomers to this trade. To begin with, the futures market, a spot for buying and selling crypto derivatives, is very fragmented and lacks unified requirements. As well as, futures contracts provided by completely different crypto exchanges include various buildings, and their phrases and situations drastically differ. For example, futures contracts supplied by some exchanges are difficult and require excessive studying prices, whereas others supply professional-exclusive futures mechanisms that aren’t pleasant to newcomers.
Along with safety and stability, buyers who simply forayed into the futures market also needs to take into account product simplicity and ease of use when selecting an appropriate futures buying and selling platform. On this respect, CoinEx Futures comes as a good selection because it strives to offer simpler futures buying and selling companies for customers.
I. CoinEx Futures: A easy webpage & An intuitive futures phase
To start with, CoinEx gives a easy, easy 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 response to their wants, and as soon as a market has been chosen, they are going to see the current market situations and present orders instantly.
Secondly, earlier than selecting the margin and beginning a place, customers can simply discover the Futures Tutorial on the suitable aspect to study futures buying and selling very quickly. By watching the video tutorials and finishing the quiz, newcomers will turn into extra accustomed to 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 wouldn’t have to undergo any KYC authentication, which resolves an working dilemma going through crypto customers in sure nations/areas. On the identical time, the trade protects customers’ belongings with a number of safety methods. Along with an nameless, safe buying and selling setting, CoinEx additionally guarantees that every one crypto belongings will likely 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 typical spot value recorded by a number of buying and selling platforms and encompasses a built-in exception-processing logic. This permits the Index Value to fluctuate inside a traditional vary when the worth 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 Middle
CoinEx provides knowledgeable, all-encompassing Assist Middle that permits customers to dive proper into blockchain know-how and discover ways to commerce cryptos via step-by-step directions. Via easy illustrated articles and movies, in addition to simulated futures trades, provided by the Assist Middle, customers can get accustomed to futures very quickly. In the meantime, they’ll additionally seek for definitions of futures jargon via the Assist Middle.
In the course of the previous 5 years since its inception, CoinEx has earned in depth consumer recognition with its well-established product ecosystem, clean, steady buying and selling experiences, and satisfying consumer companies. In accordance with information launched by CoinEx in 2021, the trade 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 buyers. In the meanwhile, CoinEx gives 100+ futures markets. This 12 months, the trade will proceed to prioritize futures and supply a extra diversified number of futures markets, in addition to simpler, extra handy buying and selling experiences.