In today’s market, many trading platforms, including major exchanges like Binance, Huobi, Bybit, and KuCoin, have introduced futures contracts. Huobi has extensive experience in futures and offers a wide range of both linear and inverse contract markets. However, its market share has fallen considerably and the platform’s user traffic is also going downhill. Bybit and Binance are professional trading platforms. futures trading that require a high threshold. The bad news is that FCA banned Bybit from the UK, while Binance has suffered several security breaches.
beginners in the futures trading they should avoid trading platforms focused solely on professionals with a high entry threshold. Instead, they should go for platforms like CoinEx which features low entry threshold and simple trading. Today, we will discuss the 5 advantages of CoinEx Futures and why you should consider it to make futures trading.
1. CoinEx Futures features simple, convenient and easy to use trading
First of all, compared to other platforms of futures trading that are only focused on professionals such as Binance and Bybit, CoinEx Futures offers simple and easy to use products. Its objective is to allow all investors in cryptocurrencies to carry out futures trading with ease, taking this term out of the exclusive realm of professional traders.
With easy trading, convenient order opening, and clear and accurate position information, CoinEx users can trade futures through an extremely seamless process. Second, before starting to make futures trading On CoinEx, users can quickly master the key points through simulated trading tutorials provided by the platform, helping them avoid common booby traps in the game. futures trading.
In terms of functionality, CoinEx Futures offers comprehensive and easy-to-use features like the TP & SL, Close All and Futures Calculator, which help users manage their positions more easily.
two. CoinEx has a record of zero accidents against frequent security scandals compared to its peers
In 2020, KuCoin suffered a serious hacking incident that caused an asset loss of approximately $275 million. Apart from KuCoin, Binance, one of the major cryptocurrency exchanges, has also been hacked several times. In 2019, more than 7,000 bitcoins were stolen from the exchange. The frequent security breaches that Binance has suffered jeopardize the bond of trust between this major cryptocurrency exchange and its users in the long term.
CoinEx, on the other hand, has not suffered any inconveniences or scandals in its security in its 5 years since its creation, which indicates the solidity of its security system. At CoinEx, all crypto assets are 100% reserved. The exchange does not misuse user assets for any reason. Also, all withdrawals are processed 100% on time. CoinEx also adopted multiple security strategies and established a comprehensive security system to fully protect its system and user assets. For example, the exchange regularly conducts penetration tests to quickly identify security loopholes and monitors any abnormal system changes in real time.
3. CoinEx has a comprehensive product range that spans all cryptocurrency and blockchain categories.
In addition to futures, CoinEx also offers many other products and services, including margin trading, AMM, mining, financial services, and the CoinEx Dock. The exchange features various trading sections for BTC, BCH, ETH, and stable-coins, over 500 top-tier innovative cryptocurrencies, and nearly 1,000 trading markets. As an exchange under the ViaBTC Group, CoinEx is backed by a comprehensive ecosystem that brings together a mining pool, exchange, wallet, public chain, and institutional investor. Today, CoinEx has won recognition from users around the world for its fast and stable performance and smooth deposits/withdrawals. In the future, the exchange will continue to strive for a complete and stable ecosystem of services.
Four. Backed by a tech-savvy team, CoinEx has a trained staff with years of crypto experience
According to its official presentation, CoinEx is supported by a founding team made up of technical experts who have extensive experience in the security of systems, operations and wallets. For example, Haipo Yang, the founder of CoinEx, is a top tech expert in the industry. During the first few days, he launched ViaBTC Pool and completed all his coding. In addition, all members of the CoinEx core team have experience at world-renowned companies that focus on the Internet or finance, including some of the earliest cryptocurrency practitioners and investors. The team has R&D experience in technology and global operations.
When it comes to technology, CoinEx independently built the world’s first 10,000 TPS trading matching engine that enables it to perform 10,000 transactions per second, running stably despite massive transaction concurrency. Plus, at CoinEx, deposits arrive in as fast as five minutes, and small withdrawals are processed in real time. The CoinEx system remains stable and robust even when trading volume increases during bull markets.
5. Focusing on user experiences, CoinEx continues to drive globalization
While building a global presence, CoinEx has always prioritized its products and services as well as user experiences. As the exchange explores international markets, it has remained committed to product development and the user-first principle. At this time, CoinEx provides services in markets around the world 24 hours a day, 7 days a week. Available in 16 languages, the exchange continues to enter new markets.
It is noteworthy that CoinEx’s product design features an interactive experience that combines elements such as aesthetics, simplicity, fluidity and practicality, allowing users to benefit from simple and elegant operations. This also shows that the CoinEx team has always been committed to product improvement, providing users with comprehensive cryptocurrency trading services that are more satisfactory and considerate. Overall, when choosing a trading platform futures trading In addition to security, users should consider whether a platform’s products are easy to use and convenient to operate. Additionally, they also need to be aware of the products and services that are available on a platform in order to benefit from efficient and satisfying crypto trading experiences.