In 2022, CoinEx updated its brand slogan to “Make Crypto Trading Easier”, aiming to provide users with easy-to-use products and convenient trading processes to free themselves from conventional financial shackles and make crypto trading more accessible. To this end, while perfecting and improving its futures products, the exchange strives to make futures trading easier for users and offer more user-friendly futures trading services to investors. , helping more crypto beginners around the world to start trading futures with ease.
CoinEx Futures now offers four sections: Futures Overview, Futures Markets, Contract Data and Futures Market Information. In particular, the Futures Overview provides users with a convenient window for futures trading, the Futures Markets section provides users with direct access to the trading interface, Contract Data keeps users updated on market trends, and Contract Market Info provides quick access to additional market conditions.
We will now introduce these four sections in more detail.
Futures Overview: Snapshot of CoinEx Futures
In the Futures Overview section, users can clearly see the number of futures markets available on CoinEx, the total trading volume of Futures and the value of their open positions. Users can also view the latest futures prices and explore the referral commission program, which allows them to earn up to 40% of trading fees as a reward for referring friends to trade on CoinEx. The section also offers trading tutorials to introduce users to the trading process and features of CoinEx Futures.
CoinEx currently supports over 120 linear and inverse contract markets, providing a variety of trading pairs for users to choose from.
Futures Markets: Trade futures with ease and convenience
CoinEx offers a simple and straightforward website for futures trading. On CoinEx, the Futures page provides a clear picture of market conditions and existing orders, helping users to start trading futures immediately. Furthermore, by trading futures on CoinEx (Web & App), users can open a position at any time, check the real-time PNL of their current position and close positions with just one click, thus enjoying operations easily.
It should be noted that CoinEx Futures offers comprehensive and user-friendly features such as TP&SL, Close All and Futures Calculator that help users manage their positions with greater ease. In addition, CoinEx has also introduced several fee mechanisms such as Auto-deleveraging (ADL), Insurance Fund and Funding Fee, so that users can easily manage positions and control risk.
On CoinEx, the futures index price, which incorporates exception handling logic, is determined by the average spot price recorded across multiple trading platforms. This ensures that the index price will only fluctuate within a normal range when the price provided by a single platform becomes significantly volatile, allowing users to trade futures with less worry. CoinEx also uses a unique pricing mechanism called Mark Price, which is determined based on the price of futures contracts on major exchanges to protect users from abnormal market fluctuations.
Contract Data: Quickly analyze market trends
Contract Data offers insightful numbers that help users study the market environment and improve their trading strategies. When users view contract data on CoinEx, they sense the changing market trends and determine the right trade direction through data analysis, which helps them take advantage of the next trade. Furthermore, the contract data offered by CoinEx is not limited to futures markets and also applies to spot trading.
Currently, contract data covers open interest and trading volume, taker buying and selling volume, long/short ratio (account) and top trader long/short ratio (account). . By studying the open interest and trading volume, investors can perceive the liquidation and closing volume of a futures market; Taker Buy/Sell Volume helps users understand market sentiment (bearish or bullish). In addition, investors can also know the market tilt of retailers and top traders via Long/Short Ratio (account). Finally, the Top Trader Long/Short Ratio (account) shows the trend of top traders that retailers can trust.
Futures Market Info: Clear and detailed information about futures markets
In the Futures Market Info section, CoinEx users can view specific futures information such as insurance fund, liquidation information, index prices and funding rate. In this section, users can also click on a futures product to check relevant details such as leverage, value per contract, minimum order amount, minimum price change and trading time funding rate.
In addition, CoinEx also provides users with clear information about their BTC position level, allowing users to know the maintenance margin rate, minimum initial margin rate and maximum leverage at a glance.
CoinEx will continue to improve its futures products and services to provide users with diversified market choices and easier trading experiences. We also welcome more users around the world to start trading on our platform, where everyone can enjoy enjoyable crypto investment experiences in the futures markets and the entire cryptocurrency market. cryptos with CoinEx.
Warning: This article is promotional content and does not constitute investment advice. Do your own research and only invest money you can afford to lose.