DueDEX, the respected crypto derivatives alternate, continues to up the ante on refined crypto buying and selling by introducing yet one more ground-breaking buying and selling instrument: the DueDEX Danger Supervisor.
Leveraged buying and selling or margin buying and selling, as sometimes supplied by derivatives platforms like DueDEX, has develop into more and more in style with trendy crypto merchants as a result of heightened features potential with minimal fund outlay. Merely put, the power to buy choices and different derivatives at a far greater quantity than merchants usually would, is an thrilling alternative to amplify earnings.
Nevertheless, with greater potential does come greater danger publicity, and merchants – particularly these novice ones with out expertise – can unwittingly develop into extra weak to derivatives margin buying and selling dangers. For example, extraordinarily excessive leverage trades can simply wipe out capital in sudden surges of value motion, which is extra frequent in crypto markets than in conventional ones.
And in a bid to draw merchants, many derivatives platforms promote high-risk merchandise extensively, hiding the added publicity connected to them. Consequently, lured by the promise of excessive features, new merchants enter the market on extreme leverage that liquidate their positions shortly, leaving them with large losses.
However DueDEX’s newest instrument is designed to tell and educate the dealer of his dangers on leveraged buying and selling, automating fundamental danger administration ideas to assist merchants high quality tune worthwhile methods.
Monitor Your Danger In Actual Time
The DueDEX Danger Supervisor permits merchants to regulate account equities and related danger, because it adjustments, with a single click on. On the lowest setting (0.25% Danger), merchants can expertise 20 consecutive losses with adjusted Entry, Cease Loss, Place Measurement/ Fairness, and their account fairness will solely shrink by 5%.
When used at the side of help and resistance, the Danger Supervisor expands the potential of derivatives buying and selling to make shopping for and promoting home windows extra seen to the dealer. Through the use of Technical Evaluation, these completely different instruments can current buying and selling alternatives and danger assessments in a visible method.
And now, merchants can acquire an goal danger dimension to all their set ups, and regulate as wanted to suit their danger urge for food. DueDEX CEO Bo Wang believes that this innovation will result in constructive affect on how derivatives merchants handle danger, one thing that the trade has been in dire want of. Primarily based on reactions thus far, Wang says that growth is heading in the right direction:
“The suggestions has been sensational and the alternate outcomes are distinctive. DueDEX merchants danger much less per commerce and have develop into extra worthwhile for the reason that introduction of the instrument.”
The final word purpose of the DueDEX Danger Supervisor is to advertise utilizing “safer margin” options to merchants buying and selling on leverage, in order that they develop into extra worthwhile, whereas mitigating danger publicity.
DueDEX has a mission to domesticate a tradition of accountable crypto buying and selling by steady innovation and value-centric options that search to carry long-term constructive change to the broader trade. Wang underlines the give attention to consumer expertise, with extra distinctive options and elevated entry to instruments that maximize profitability and danger administration:
“We consider if we proceed to ship distinctive and top quality merchandise the alternate will proceed to develop and place as a market chief by 2020.”
To have a good time the launch of the brand new DueDEX Danger Supervisor, the platform is now providing as much as $200 buying and selling bonus on the primary deposit on a brand new account. Signing up takes simply 30 seconds. Begin your journey immediately.