Bitcoin News and Finance
CoinEx Introduces Strategic Trading to Help Users Set out Sound Investment Plans and Stay Ahead Skip to main content

CoinEx Introduces Strategic Trading to Help Users Set out Sound Investment Plans and Stay Ahead

PRESS RELEASE. In traditional financial markets, the term trading strategy describes a comprehensive plan covering all trading activities, guiding investors to execute their target trades. In the world of crypto, a trading strategy refers to a predetermined plan or trading behavior designed to help investors profit from buying or selling cryptos in both long and short markets.

Although not necessary for all types of crypto trading, a sound trading strategy can help investors mitigate potential risks. During extreme market conditions, an effective trading strategy enables crypto users to take prompt countermeasures and minimize their losses. In other words, by setting out a trading strategy, investors prepare for all sorts of scenarios and design the corresponding measures.

Overall, a mature and well-designed trading strategy is crucial for investors, as it helps them take advantage of market swings, make easy investments, and maximize profits or minimize losses.

Generally speaking, a comprehensive trading strategy may cover the following elements:

  1. Choosing the target cryptocurrency or project;
  2. Using professional platforms such as crypto exchanges and market monitoring platforms;
  3. Mastering crypto tools and indexes;
  4. Setting up trading time and stop-loss conditions;
  5. Minimizing the influence of emotional decisions.

Most investors understand the importance of a sound trading strategy, but they are more concerned about how to set out such a strategy on crypto platforms. For beginner investors or retail users, the following requirements should be met:

First, the trading strategy should be easily accessible, preferably with “lazy” or “foolproof” operations. In addition, users don’t need to set up complex parameters or study programming/ trading scripts to run such trading strategies. Ideally, the system should be able to help users invest in crypto with ease.

Second, the platform should offer versatile trading strategies, meeting different trading demands. For example, some investors prefer conservative investments and hope to stock up on more coins while minimizing risks and costs. Meanwhile, others want to seize volatile market trends and engage in quant trading. As such, investors demand a wide range of different trading strategies.

In February 2023, CoinEx, a global crypto exchange, rolled out Strategic Trading, a new segment featuring Auto-Invest Plan which aims to help users plan and manage their investments more effectively. With the new segment, CoinEx users get to create their own trading strategies and make Auto-Invest Plans for a smoother crypto investment experience.

Strategic Trading can be easily accessed under the Finance dropdown menu on the CoinEx website. In addition, the section also includes other segments such as Financial, AMM, and Dock. Right now, Auto-Invest Plan is already available in the Strategic Trading segment, and Spot Grid will also be introduced in the coming months.

With the Strategic Trading segment, users can tap into “lazy” strategies to invest in crypto effortlessly. For instance, in the case of the Auto-Invest Plan, prudent investors may easily choose a suitable trading strategy and earn profits by making regular crypto investments with predefined amounts and cycles, without having to worry about the specific timing. After an Auto-Invest Plan is created through the Strategic Trading segment, the system will automatically deduct the investment cost from the user’s Spot account and submit an order according to the pre-set investment amount and cycle. No more operation is required, making investment easier. Moreover, when Spot Grid goes live, CoinEx users will be able to engage in quant trading via the new function.

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory