MEXC Global Pushes New Futures Initiatives
Datum: 11.05.2024
The growing interest in cryptocurrency has led to more attention and discussions, with individuals seeking reliable information on how to engage and profit from the industry. One of the most prominent ways to benefit from it is through crypto futures trading. Traders can take advantage of both short-term and long-term positions in various cryptocurrencies to earn profits. When evaluating crypto futures trading on platforms like MEXC Global, it might be challenging to distinguish it from traditional trading unless you grasp the fundamentals of futures trading. CryptoChipy offers an in-depth overview of crypto futures trading and what MEXC has to offer.

Što je Crypto Futures Trading?

Crypto futures trading involves speculating on the future price of an asset under a contract between two investors. What sets it apart is that these investors do not own the actual asset—in this case, a cryptocurrency. Instead, they gain exposure to the token’s market dynamics while betting on its price movements in the future.

This type of trading is beginner-friendly due to its flexibility. Additionally, it allows margin trading with high leverage, making it appealing to both new crypto users and seasoned traders. Futures trading is part of the derivatives market, with details concerning margin requirements, payment methods, pricing, and units. The contract terms—determined by the agreed-upon price and date—decide who profits from the trade. These contracts can include Contracts for Differences, Swaps, and Options.

There are different kinds of future contracts, such as perpetual contracts, standard futures contracts, and contracts with physical delivery. Bitcoin remains the most popular cryptocurrency for futures trading.

Advantages of Trading Futures

Futures trading simplifies cryptocurrency exposure for beginners due to its convenience. Traders don’t need to own digital assets or a digital wallet since the cryptocurrency is not physically traded. This provides access to a liquid market without the risk of owning volatile crypto assets, as positions and price limits help mitigate potential losses.

Osim toga, crypto futures offer the potential for significant gains thanks to leverage. Traders can start with a small initial investment and achieve considerable profits, especially by implementing flexible strategies like intra-day trading.

MEXC Global’s Crypto Futures Services

MEXC is a comprehensive exchange offering a wide range of crypto assets. With over 4 years of experience in futures products, it leads the industry in global liquidity and offers several other benefits. Notably, MEXC Global provides risk hedging and up to 200x leverage, along with competitive spreads.

Trading futures on MEXC involves four simple steps. First, traders must open a futures account via the futures trading interface. Next, they get familiar with the interface before starting their trades. You can choose between hedge mode or one-way mode for your positions. The hedge mode allows traders to hold both long and short positions simultaneously. After selecting your mode, you can set the appropriate leverage multiplier to match your risk preferences, with options like cross-mode and isolated mode. The maximum leverage depends on the speculative value of the position.

Traders on MEXC have access to hundreds of crypto asset trading pairs. You can choose from futures such as USDT-M, which uses USDT as collateral, or Coin-M futures, which uses the underlying cryptocurrency for collateral.

When opening a position, traders can enhance their strategies by using advanced settings, such as take-profit and stop-loss orders. MEXC also provides innovative trading options, including perpetual futures, leveraged ETFs, and index ETFs. Additionally, users can practice with DEMO trading. The platform offers a secure, high-performance interface with fair trading conditions and better liquidity depth.

Recent Updates on MEXC Global Futures

At the end of last month, MEXC launched a new event called Futures M-Day, featuring Bitcoin trading with 1,000 tickets available for users who met the trading requirements. This event included an airdrop, with a reward pool of 2.44 BTC, where each winning ticket earned 0.00244 BTC. Traders with a minimum volume of 10,000 USDT in USDT-M futures before the claim deadline were eligible for participation.

MEXC also introduced BFTUSDT futures, which supports leverage adjustments ranging from 1x to 20x for cross-margin and isolated-margin traders. Users who traded BFTUSDT had the chance to win a 6000 USDT futures bonus. On the same day, the platform launched Edoverse (ZENI) on MEXC M-Day trading, with a reward pool of 10,000,000 ZENI. A total of 1,000 winning tickets, each worth 10,000 ZEN, were awarded as part of an airdrop event with a non-initial listing for USDT-M futures traders meeting a minimum trading volume of 10,000 USDT.