Innovation: CoinW Perpetual Copy Trading System has been Launched!

In recent years, in the field of cryptocurrencies, profit margins tend to be declining due to the narrow fluctuation of spot prices. CoinW has noticed that more investors have shifted their portfolios to the perpetual & futures contract market, where both long and short positions can make money. However, as a high-risk market, the derivatives market of perpetual & futures contracts requires very high professionalism.

Disadvantages of Existing Perpetual & Futures Contract Market:

How to choose the contract category? How to decide on long or short? How to choose the time of entry and take profit? … To be profitable in perpetual & futures contract trading, you need to know many expertise. Therefore, retail traders in the market tend to follow professional gurus or institutions when trading in the contract market.

At present, the common follow or copy trading method for perpetual & futures contract on the market, are paid crypto trading signals groups. Users pay a lot of money to join the group, and then the analyst or admin provides signals or instructions. This method has several drawbacks. First, it is impossible to judge the expertise of the analyst in advance. Only way to know that, is after paying the membership fee and joining the group. If it is found that the analyst or strategist is in name, but not in reality, the membership fee will be in vain. Secondly, the cryptocurrency market is traded 7*24 hours. After analysts’ issue instructions, users may not be able to respond quickly and follow, and they are likely to miss the best opportunity.

There are also some users who hand over their funds to a professional quantitative trading team for trading, which avoids the problem of timing, but most of this model adopts performance sharing, which greatly reduces the actual profit of users. What’s more serious is that, the quantitative trading manager may misappropriate investors’ funds, and the safety of funds can not be guaranteed.

It can be seen from the above, that the existing perpetual & futures contract market has great drawbacks and is quite inaccessible to users.

The Launch of the CoinW Copy Trading is a Blessing for Trading Rookies!

On August 18, 2022, CoinW launched an intelligent perpetual & futures contract copying trading system, allowing ordinary traders to keep up with the trades of gurus on the exchange. For every trade by gurus, subscribers will follow, allowing everyone to achieve substantial profits.

Novice traders can observe data such as the rate of return, total profits, number of followed transactions, and transacted cryptocurrencies of each “Trading Pro” on the CoinW copying trading system. After comprehensive consideration, you can choose the optimistic “Trading Pro” , to follow the order. The way of copying is very flexible and simple. Users can choose the strategy of the corresponding “Trading Pro” and click the ‚copy to follow’ trading.

CoinW Smart copy trading system, builds a bridge for professionals and novices in the contract trading market, to share trading strategies. Professionals can show their strength on the platform and realize profits, and at the same time, it greatly reduces the threshold for novices to trade contracts.

It is reported that perpetual & futures contract derivatives trading, is one of the main businesses of CoinW. Compared with similar exchanges, CoinW Perpetual Contract featured more comprehensive functions, faster performance, stricter risk control system and more cryptocurrencies can be traded. At the same time, it also pioneered 6 major transaction auxiliary functions, product innovation and it’s user experience continues to be updated, and leading the industry. After years of endeavours, the depth and liquidity of CoinW’s perpetual contract products,ranks first in the entire network. The launch of CoinW’s contract copying trading system is an industry-needed innovation.