Deepcoin: Transforming the Landscape of Crypto Derivatives Trading with Indicator Orders and Drawing Orders

Traders are constantly on the lookout for platforms that can simplify the trading process, offer powerful tools, and promise secure transactions.  Meet Deepcoin, the Singapore-based cryptocurrency derivatives exchange that is redefining the trading experience with its groundbreaking features: Indicator Orders and Drawing Orders.  Introduction of Deepcoin Founded in 2018 by a team of industry veterans and former executives from well-known companies, Deepcoin has quickly scaled to boast over 3 million registered users across 30 countries. To date, the exchange has facilitated a staggering cumulative trading volume exceeding US $1 trillion. Deepcoin isn’t merely a trading platform; it’s a comprehensive financial ecosystem that supports global fiat currency deposits and allows for direct purchases of major cryptocurrencies.  Traders have access to a multitude of options, including spot trading, perpetual contracts, inverse perpetual contracts. Customer service is at the forefront of Deepcoin’s operations, evidenced by its 24/7 multilingual customer support. Known for its relentless focus on innovation, security, efficiency, and long-term value for its users, Deepcoin aims to redefine the crypto trading experience. With features like Indicator Orders and Drawing Orders, Deepcoin sets the standard for what users should expect from a top-tier cryptocurrency exchange. Indicator Orders: Charting a Path to Streamlined Trading As the trading landscape evolves, traders are on the lookout for more effective, user-friendly, and dynamic tools. Recognizing this need, Deepcoin launched the Indicator Orders feature on July 20, 2023, making it easier than ever for traders to execute their strategies. Navigating the Charts Like a Pro The core of the Indicator Orders feature lies in its chart-centric approach. While many exchanges offer complicated order pages, Deepcoin allows traders to place orders directly on the chart interfaces using various indicators such as MA, EMA, RSI, and many more.  You can place orders right where the action is, increasing engagement with real-time market changes. Precise Conditions for Every Trade One of the standout features is the enhanced precision this tool brings. Indicator Orders come with features like spread mode, which provides an additional layer of accuracy.  Moreover, you can define flexible position settings that allow dynamic entry and exit strategies, giving you a degree of control and customizability that is unique in the industry. Automation Made Easy Traditionally, you’d have to constantly monitor the chart and execute a buy order manually. With Indicator Orders, you can automate this process, buying at the low point and selling when the price rebounds, without having to be glued to the screen. User-Friendly Yet Powerful Simplicity doesn’t have to come at the expense of functionality. Indicator Orders are free to use and support trading across major cryptocurrencies. Whether you are an experienced trader or just getting started, the feature is designed to be incredibly user-friendly without compromising on advanced trading capabilities. Drawing Order: A Pioneering Leap in Interactive Trading One of the latest additions to the Deepcoin trading platform is the groundbreaking Drawing Order feature, launched on August 15, 2023. While other exchanges offer static options and rigid interfaces, Deepcoin’s Drawing Order brings an interactive dimension to crypto trading like never before. An Artist’s Canvas for Trading Strategy Think of the Drawing Order feature as your canvas for financial creativity. Traders can draw elements such as segments, trend lines, or rays directly onto their charts. These hand-drawn elements then serve as triggering conditions for market orders, essentially transforming drawings into executable trades. Visualizing Price Movements Deepcoin’s Drawing Order isn’t just an aesthetic choice; it serves a functional purpose. By manually connecting high and low points on candlestick charts, traders can identify potential price reversals or significant movements in real time.  This elevates your trading strategy from being solely analytical to including a strong visual component, thereby improving your trading efficiency and decision-making process. Simplified Experience While being groundbreaking, the feature remains accessible for traders at all skill levels. Detailed operating instructions are provided, ensuring that even those new to crypto trading can make the most of this advanced tool.  The platform balances sophistication with simplicity, allowing you to delve as deeply as you want into your trading strategy. Deepcoin allows traders to transform their hand-drawn elements on charts into real, executable trades with its groundbreaking Drawing Order feature, adding an interactive and visual dimension to cryptocurrency trading like never before. Futures Trading: The Next Frontier One of the most compelling features that Deepcoin offers is its strong Futures trading, an area where the exchange truly excels and even ranks among the top 3 exchanges on CoinGecko for Derivatives. But what sets Deepcoin apart in the crowded Futures market? Automated Efficiency with Futures Grid Trading Deepcoin introduces a game-changing feature—Futures Grid Trading. This highly automated tool allows traders to buy and sell Futures contracts at preset prices, effectively automating the trading process. You can set your strategy, and the system will execute trades for you, leaving you free to monitor other aspects of your portfolio. Leverage and Arbitrage Deepcoin offers up to a staggering 125x leverage, opening the door for significant returns and leverage arbitrage opportunities. In this volatile market, even a 1% price fluctuation can lead to 100% profits under 100x leverage, amplifying the earning potential. However, keep in mind that using high leverage also comes with risks. Tailored to suit the unique needs of derivatives traders, Deepcoin offers many customized products and advanced trading tools. From extensive Take Profit/Stop Loss features to real-time data visualization, traders can customize their strategies to maximize profitability and manage risks effectively. Guided by Vision and Expertise Deepcoin’s strategic focus is laser-sharp: to provide innovative, professional, secure, first-class services specifically in the field of cryptocurrency derivatives trading. The exchange is dedicated to innovation and user-centric solutions, continuously deploying features that empower its users to trade more efficiently and effectively.  This drive towards perfection isn’t accidental but rather guided by the vision of its experienced CEO, Ego Huang. Ego Huang is a veteran in the digital landscape, as he has over a decade of experience that spans multiple sectors. Before Deepcoin, he served as the head of a wealth management company that managed more than US$7 billion in assets.  This impressive track record gives him unique insights into what traders need and want, insights that he has applied to make Deepcoin one of the most innovative platforms in the cryptocurrency market.  In Conclusion Deepcoin isn’t just another crypto exchange; it’s a full-fledged trading ecosystem that takes user experience and empowerment to new heights. With features like Indicator Orders and Drawing Orders, Deepcoin is setting a new standard for what traders should expect from a cryptocurrency derivatives exchange. Links: Website | Twitter | TelegramDisclaimer All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Publish Date : 2023-09-27

Deepcoin 'Drawing Order' Feature Brings A New Dimension to Crypto Trading

Deepcoin, a pioneering derivative cryptocurrency exchange known for its commitment to innovation and user-centric solutions, has unveiled its groundbreaking feature called “Drawing Order.” This new feature reinforces Deepcoin’s status as a trailblazer in the digital asset market, providing traders with a unique advantage in designing and executing their trading strategies. The “Drawing Order” feature introduces a novel approach to trading by allowing users to incorporate hand-drawn elements for precise market order execution. Through an intuitive interface, traders can sketch out segments, trend lines, or rays that serve as conditions for triggering market orders when the latest price intersects with these drawn elements. This innovation introduces an entirely new dimension to crypto trading, enabling users to take advantage of price trends and fluctuations while implementing their trading ideas with exceptional precision. Ego Huang, the CEO of Deepcoin, noted that it underscores their dedication to innovation. He highlighted how the “Drawing Order” feature empowers traders to seize opportunities more precisely and confidently. Key highlights of the “Drawing Order” feature include: Strategic Visualization: Traders can visually create and customize drawn elements, allowing them to precisely outline conditions for market orders based on trendlines and price patterns. Enhanced Trading Strategy: By connecting high and low points on candlestick charts, traders can identify potential reversals or significant price movements, aiding more informed trading decisions. Competitive Edge: Deepcoin distinguishes itself as an industry leader by offering drawing elements as triggering conditions for market orders, setting a new standard for innovative trading tools. User-Friendly: Deepcoin provides clear instructions for using drawing elements and creating line drawing commissions/alerts, making the feature accessible to traders of all levels. Deepcoin remains dedicated to shaping the future of digital asset trading through innovations like the ‘Drawing Order’ feature, while maintaining a strong focus on user success. This groundbreaking addition further solidifies Deepcoin’s position as a trailblazer in the digital asset market, underlining its commitment to innovation and empowering users. Read Also: 59% Crypto Users Are Interested In AI advancements For Blockchain and Crypto Trading

Publish Date : 2023-08-15