Derivatives Trading

Currently, the global cryptocurrency derivatives (futures) market is growing explosively.

The characteristics of the cryptocurrency futures trading market are as follows.

• Perpetual (futures) contracts with no expiration are the trend / Leverage up to 100 times or more / 24-hour trading market open

• The proportion of BTC and ETH futures trading volume in the total futures trading volume is about 85%

• Trading with a low deposit is possible/ Bi-directional trading of the up and down movement

• Among the total cryptocurrency trading volume, futures trading outnumbered spot trading

• In the spot market, trading volume usually increases in a bull market. However, in the futures market, due to the nature of investing in both the uptrend and the downtrend, significant trading volume occurs not only in the uptrend but also in the downtrend of cryptocurrencies.

The characteristics of the current platform for COVEST futures trading are as follows:

• Share liquidity with Binance, the world's largest liquidity / Use Binance's secure wallet / Futures investment available on various types of Binance altcoin

• Provide simple UX/UI tailored to various investment-related functions and trader’s convenience

• Provide various investment information and news in the cryptocurrency market and futures market in one trading screen

At the beginning of the platform, it shares liquidity with Binance stocks, but from COVEST STEP 2, it plans to supply its own stocks and liquidity.