CoinEx | With a Commitment to Contracts, CoinEx Rolls out Fifteen New Markets for Perpetual Contracts

Since 2020, with the continuous development in the crypto market, the markets for crypto derivatives have been more consummated, giving rise to more specific requirements. Not confined to spot trading, investors tend to venture into financial derivatives to hedge risks and win speculative profits. In this perspective, compared to spot trading and margin trading, the perpetual contract has attracted more users.

As one of the most popular financial derivatives, the contract has been a favorite among exchanges. CoinEx, as an emerging world-class exchange, has long engaged in the contract field and devoted itself to refining its products to provide users with diversified trading services.

It currently supports USDT-margined and coin-margined perpetual contracts, providing 100x leverage for BTC, ETH, 3–50x leverage for other popular digital assets (e.g. ADA, DOGE, DOT, SOL, MATIC, and BCH) and other services of long buying and short selling.

The unique Fair Price Marking that CoinEx perpetual contract employs is subject to many mainstream exchanges, thereby reducing deviation from the market price. The funding rate system keeps the market price near the spot index price for perpetual trading. Moreover, relying on the insurance funds and auto-deleveraging (ADL), CoinEx protects users from bearing liquidation losses suffered by other traders.

To satisfy the trading needs of our users, CoinEx will launch 15 new markets for USDT-margined perpetual contracts. The details are listed below.

1. Starts at
November 5, 2021 (UTC)

2. Supported Markets
STXUSDT, OMGUSDT, ARUSDT, ICXUSDT, MANAUSDT, DYDXUSDT, YFIUSDT, SUSHIUSDT, CRVUSDT, ENJUSDT, ZILUSDT, RVNUSDT, BATUSDT, IOSTUSDT, and RENUSDT

Risk warning: Perpetual contracts operate similarly to regular transactions but are free of contract delivery and offer better user convenience. However, with all the advantages, it is a market subject to many factors such as market forces and policy factors, where the prices rise and fall sharply and are hard to predict. Thus, CoinEx would kindly remind the customers to control the leverage ratio, pay close attention to market trends, and beware of the potential risks.

CoinEx will continue to refine the perpetual contracts and provide high-quality service in the related fields. Please stay tuned for more markets for perpetual contracts.

See the full announcement here.