CoinW Copy Trading. Making Perpetual Contract Trades Easier.

An anticipated Crypto bull market is under way?

You are probably familiar with the sentence. Recently, it has become a high-frequency sentence in major crypto assets related communities.

Bitcoin set a new historical record of 69,000 USDT in November last year, then, the entire crypto market has been falling all the way. In mid-June of this year, Bitcoin hit a local bottom of 17,635 USDT, and the market emotions of FUD (fear uncertainty and doubt) rose sharply. At the same time, the mainstream cryptocurrency market also experienced the first major correction in the past two months.

Noticeably, in this round of market corrections, the leverage traders made the profit from the volatility of contract trading, and many users in the CoinW contract trading community frequently posted high profit figures. Undoubtedly, the market’s enthusiasm for trading has been ignited again.

According to a third-party data platform, since the recovery of the cryptocurrency market in mid-June, the overall open positions in cryptocurrency contract trading has continued to rise, with contract open positions exceeding 30 billion USDT, an increase of nearly 40% year-on-year in early June.

In addition, historical data shows that when the market is volatile, the turnover rate of contract trades is much higher than that of other trading instruments. And this is directly related to attributes of enlarged profit and two-directions profit of contract trading, so some people say that there is no bear market in contract trading.

Contract = pick up money?

Although there is no bear market in contract trading, because contract trading comes with the attribute of both direction profitability. When you can grasp the market trend well, ups and downs are profit opportunities for you. However, this does not show that the contract equal to pick up money!

This is because although the contract does not have strict requirements on the market’s ups and downs, for market traders, whether it is the stock market, the bond market or the cryptocurrency market, good position management ability is an ability that a good trader should possess. Position management capabilities such as market trend judgment, trading sense control, position control and management, etc. cannot be mastered overnight. For contract traders, there is a risk that the investment income will not be stable in the short term.

For contract traders, to achieve relatively stable profits and reduce losses in the short term, the advice by Warren Buffett comes in handy. Buffet once said that “if you want to be a good person, learn from good people”. In contract trading, the most effective way is to copy trades.

Copy-trading is not a new concept, but the product of thousands of years of evolving.In ancient times, many bettors at the same table would often following the bet with the person have high winning probability. Nowadays, many investors are also used to read financial analysis and pay attention to the operation of industry leaders. These are typical representatives of the copy-trading.

Does this mean that you just follow any analyst social account and read his posts to buy coins? But the actual situation is that the market is changing rapidly, and the analysts on the market are mixed, so the actual operation is not ideal.

Simultaneous copying and quantification of analysts ‘ trades seem to solve this problem. CoinW Futures has made a new breakthrough along this line of thinking.

CoinW Copy Trading, Making Perpetual Contract Trades Easier:

Different from the traditional copy trading mode, CoinW Contracts creatively designed a one-click copy trading function. When the user selects a trader, the user will follow the trader to open and close positions synchronously. There is no need to place orders by themselves 24 hours a day. Contract trading become happy and simple.

When the core function of copying is created, the user-friendly support of CoinW Contract allows users to follow the positions of multiple different traders at the same time , and there is no upper limit on the number of copies. At the same time, for the same cryptocurrency, users can freely choose multiple copy traders, and for multiple cryptocurrencies, users can follow multiple traders at the same time. There is also no limit on the number of copies, which meets the diverse needs of users.

Secondly, in the position type section, the platform fully respects the wishes of traders. Traders and copy users can freely choose the position type. For example, when traders choose a full position, copy users can choose the isolated position mode.

The function is humanized, so how to ensure the actual trading ability of the pro traders? Don’t worry, CoinW Contract fully considers this point, and actually quantifies the data of the trader ’s trading situation to provide users with a more intuitive judgment.

In the front-end operation interface, users can clearly see the detailed information of each trader, including the current number of copiers, the trade yield rate, and the current market cap of assets under management.

At the same time, you can also view the comprehensive analysis of various dimensions of traders, such as comprehensive ranking, yield ranking, total income and other data analysis, to help users make rational copying judgments and choose suitable contract pro traders.

At present, the contract copy function of CoinW has been successfully launched. The first batch of users said that the contract copy trading is easy to operate, which is more worry-free and labor-saving, compared with the previous trading mode. Under the operation of professional traders, the contract income has been greatly improved. At the same time, many traders said that compared with other platforms, CoinW perpetual contract copy trading has more controllable profit-sharing space, better operation and use, and good market feedback.

This also illustrates the original commitment of CoinW perpetual contract copy trading design.

CoinW Copy Trading, making contract trades happy and simple!