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

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

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Source: Bitcoin.com

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.

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Author: Media