A Comparison of Global Futures Trading Platforms Shows 5 Advantages of CoinEx Futures
June 29 2022 - 2:00AM
NEWSBTC
In today’s market, plenty of trading platforms, including
mainstream exchanges like Binance, Huobi, Bybit, and KuCoin, have
introduced futures contracts. Huobi has extensive experience in
futures and provides a wide range of linear/inverse contract
markets. However, its market share has fallen sharply, and the
platform’s user traffic is also going downhill. Bybit and Binance
are both professional futures trading platforms that demand a high
threshold. Bad news is that Bybit was chased out of the UK by FCA,
while Binance has suffered several security breaches. Futures
beginners should avoid professional-focused trading platforms with
a high threshold. Instead, they should go with a platform like
CoinEx that features a low threshold and simple operations. Today,
we will look into the advantages of CoinEx Futures in 5 aspects. I.
CoinEx Futures boasts simple, easy–to–use, convenient operations
First of all, compared with professional-centered futures trading
platforms like Binance and Bybit, CoinEx Futures offers simple,
easy-to-use products. It aims to allow all crypto investors to
trade futures with ease, moving futures trading out of the realm
that’s exclusive to professional traders. With easy operations,
convenient order placement, and clear position information, CoinEx
users can trade futures through an extremely smooth process.
Secondly, before starting to trade futures on CoinEx, users can
quickly master the key takeaways through simulated operation
tutorials provided by the platform, which helps them avoid the
common booby traps in futures trading. In terms of functionality,
CoinEx Futures provides all-inclusive, easy-to-use functions like
TP & SL, Close All, and Futures Calculator, which helps users
manage their positions with greater ease. II. CoinEx boasts a
zero-accident record against its peers’ frequent security scandals
In 2020, KuCoin suffered a serious hacking incident that incurred
an asset loss of about $275 million. Apart from KuCoin, Binance, a
top crypto exchange, has also been hacked several times. In 2019,
over 7,000 bitcoins were stolen from the exchange. The frequent
security breaches Binance has suffered jeopardize the bond of trust
between this leading crypto exchange and its users in the long run.
CoinEx, on the other hand, has suffered no security scandals in the
5 years since its inception, which indicates the strength of its
security system. On CoinEx, all crypto assets are 100% reserved.
The exchange does not misuse users’ assets for any reason
whatsoever. Moreover, all withdrawals are 100% processed in time.
CoinEx has also adopted multiple security strategies and
established a well-rounded security system to fully protect its
system and users’ assets. For example, the exchange regularly
conducts penetration tests to promptly identify security loopholes
and monitors any abnormal system changes in real-time. III. CoinEx
boasts an all-encompassing product family that spans all crypto
categories In addition to futures, CoinEx also provides many other
products and services, including margin trading, AMM, mining,
financial service, and CoinEx Dock. The exchange features trading
sections for BTC, BCH, ETH, and stablecoins, over 500 first-rate,
innovative cryptos, and nearly 1,000 trading markets. As an
exchange under ViaBTC Group, CoinEx is backed by an all-inclusive
ecosystem that brings together a mining pool, an exchange, a
wallet, a public chain, and an institutional investor. Today,
CoinEx has earned global user recognition with its fast, stable
performance and smooth deposits/withdrawals. In the future, the
exchange will continue to strive for a comprehensive, stable
service ecosystem. IV. Backed by a tech background, CoinEx boasts
years of crypto expertise According to its official introduction,
CoinEx is backed by a founding team consisting of technical experts
who boast rich experience in the security of systems, operations,
and wallets. For instance, Haipo Yang, CoinEx’s founder, is a
top-notch tech expert in the industry. During the early days, he
launched ViaBTC Pool and completed all the coding. In addition,
members of CoinEx’s core team all have a background in
world-renowned companies that focus on the Internet or finance,
including some of the earliest crypto practitioners and investors.
The team has expertise in technology R&D and global operations.
When it comes to technology, CoinEx independently built the world’s
first 10,000-TPS trade matching engine that allows it to carry
10,000 transactions per second, running stably despite the
concurrence of massive transactions. In addition, on CoinEx,
deposits arrive as fast as five minutes, and small withdrawals are
processed in real-time. CoinEx’s system remains steady and solid
even when the trading volume surges during a bull market. V.
Centering on user experiences, CoinEx keeps pushing for
globalization While building a global presence, CoinEx has always
prioritized product & service and user experiences. As the
exchange explores international markets, it has remained committed
to product development and the user-first principle. Right now,
CoinEx is providing services in markets around the world 24/7.
Available in 16 languages, the exchange continues to venture into
new markets. It should be noted that CoinEx’s product design
features an interactive experience that combines elements such as
aesthetics, simplicity, smoothness, and practicality, which allows
users to benefit from simple, elegant operations. This also shows
that the CoinEx team has always been committed to product
improvement, providing users with one-stop crypto trading services
that are more satisfying and considerate. Overall, when choosing a
suitable futures trading platform, apart from security, users
should consider whether a platform’s products are easy to use and
if its operations are convenient. In addition, they should also
account for the products and services that are available on a
platform to benefit from efficient, satisfying crypto trading
experiences.
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