HOME CATEGORIES WRITE AND EARN 🔍
CATEGORIES WRITE AND EARN MORE

CRYPTO NEWS

Your favorite crypto news blog

Cryptocurrency Derivative Exchange DueDEX Introduces an Industry’s First Trading Tool

Crypto 2020/02/19 13:47 by BitcoinPrbuzz
Cryptocurrency Derivative Exchange DueDEX Introduces an Industry’s First Trading Tool

Revolutionary Cryptocurrency derivative exchange DueDEX reveals details of its unique trading tool designed to give a statistical market edge over major competitors in the industry.

The cryptocurrency market is proliferated with a lot of irresponsible exchanges who often expose traders to high-risk products, and too often, new traders enter the market with excessive leverage blowing accounts and taking major losses.

In order to cleanse the cryptocurrency industry of quacks and half-baked professionals, DueDEX is introducing a trading tool that helps traders to develop a profitable strategy built on the essential fundamentals of risk managers.

What is DueDEX Risk Manager

The new DueDEX Risk Manager is a tool that’s equipped with the necessary features to help traders overcome the divergent problems often experienced during their trading activities. The new tool gives traders the valuable power to easily manage the risk of their account equities, with major adjustments to Entry, Stop Loss, Position Size/Equity risked with the ‘’One-Click’’ trading executive.

The new tool provides a new dimension to derivatives trading, especially when used on support /resistance, which will make buying and selling to be relatively easy. With Risk Manager, traders can now know exactly how much risk they are getting into, identify alternatives, have a contingency plan and with the technical analysis feature of the tool, ‘visualize’ the trade from the lens of a true professional.

Speaking on the uniqueness of the trading tool, DueDEX CEO Bo Wang, stated that:

‘’This is exactly what the industry needs at this particular point in time, there are more products to help users manage risk. The feedback has been sensational and the exchange results are exceptional. DueDEX traders risk less per trade and have become more profitable since the introduction of the tool.’’

Working Towards a Profitable Strategy

With Risk Manager, users can now trade with a new form of confidence, because the trader will have an idea of what he/she is getting into, identify the risk involved and also have an idea or two on how to maneuver the situation to make a profit.

Although the feedback has been encouraging so far, DueDEX maintained that users experience is everything and it will continue to look for loopholes in the market, identify it and add exciting new features to the tool to create a seamless user experience, where traders can achieve total domination of the market.

Media Contact

Contact Name: Alex Thurston

Email: alex.t@bitcoinprbuzz.com


Disclosure/Disclaimer: This article is sponsored and produced by a third-party source and should not be viewed as an endorsement by ZyCrypto. Readers are urged to do their own research before investing or having anything to do with the company, goods and/or services mentioned in the above article.

The post Cryptocurrency Derivative Exchange DueDEX Introduces an Industry’s First Trading Tool appeared first on ZyCrypto.

0 Like(s)



You should also read...

Crypto 13/12/19 08:49 by PR DESK
Introducing BitEclipse Cryptocurrency Broker and Exchange
Exchanges are not the only option when it comes to trading cryptocurrency. Yes, you can buy and sell crypto instantly, but an exchange becomes less viable for higher-volume traders. You need a crypto...
Read More
Other 01/07/20 17:11 by Livine Sanchez
Touching In On Yobit Exchange
There are few cryptocurrency exchanges that have managed to hold their heads high in the cryptocurrency industry. One of them is the Panama-based exchange, Yobit. Founded in 2014 by a group of Europe...
Read More
Other 13/09/20 13:45 by Livine Sanchez
A Powerful Pairing: Upbots and FTX to Disrupt the Space
The cryptocurrency derivatives trading platform FTX has made a lasting imprint on the cryptocurrency trading space since its launch in May 2019. It is one of the biggest crypto derivatives exchanges,...
Read More
Bitcoin 08/04/21 15:54 by Guest Author
Renowned Forex Analyst and Influencer Shadi Abdou Joins Wisebitcoin’s Advisory Board
Celebrated forex teacher, trainer, and analyst Shadi Abdou joins Wisebitcoin’s growing team to help make inroads into new markets and expand outreach to new demographics, including novice and profe...
Read More
Crypto 05/06/21 20:57 by NewsBTC
Alpha Impact Brings Professional Trading Strategies to Everyone
After over a decade of ups and downs, it finally seems like cryptocurrency is here to stay. The value of one bitcoin has risen to record levels, and a plethora of alternative cryptocurrencies have cro...
Read More