(A smart way to Derivatives)
Since 2015, Bitcoin has a daily high-low range of over 5 percent (as a percentage of average everyday price). There’s also friction in crypto trading. Arbitrage across exchanges is expected due to the significant difference in prices. Trade confirmations are slow. Blockchain verification takes time, especially on high-volume days.
Given all these risks, why people trade cryptos?
Because the potential returns are high, crypto has been big gainers in times of trouble. In that sense, cryptos are like gold, havens during uncertainty.
In the crypto industry, the derivatives market is relatively new and small compared to traditional markets, but that doesn’t make it less lucrative. Like stock options or commodity futures contracts, crypto derivatives offer protection against volatility and adverse price movements on cryptocurrencies. A crypto derivative is also a proxy tool for investors to speculate on the future prices of cryptocurrencies.
Over the last past few years, the use of derivatives has increased rapidly. Some estimates of the current size of the market for derivatives exceed $800 trillion. Initially, the growth of cryptocurrencies was driven by trading in the spot market, but later, derivatives took on when BTC was listed on CME during 2017. During that period, the volume was only 6b which rose to more than 1700b dollars by the end of 2020.
What is CCAI?
Cryptocurrencies.ai provides an easy-to-use platform and allows a seamless trading experience for traders to switch from spot to futures. It allows trading Bitcoin and other Cryptocurrencies with up to 125x leverage. It also has a DEX platform built on Serum and based on Solona Network, giving faster TPS and cheaper transaction fees. It has built-in tools for automation, customization, and performance analysis, making advanced trading far easier for traders.
The next generation #exchange experience that unites with #CEX liquidity & #DEX convenience at your fingertips.
FEATURES!
- Smart Trading:
One of the most remarkable features of CCAI is smart trading which allows traders to set their stop loss or take profit strategically. Suppose a trade has been accepted and an entry point was placed and it has 8% stop loss with 8-sec timeout and 10% forced stop has been established while if the profit level reaches 10%, then 25% of the position will be closed remaining 75% of the position will be closed at 15% profit. This helps to resolve the most demanding problem of traders.
Smart order is the ability to automate manual trading, reduce risks, increase profit and focus on strategy. It uses “stop-loss” and “take profit” with advanced options all in one entry.
2. Portfolio Performance.
Traders can track their real-time PNL of all their crypto assets and trades in one platform, making things hassle-free, and the traders can make quick decisions. It gives an in-depth knowledge of trades and helps to analyze them. It helps in tracking past performance and provides a strategic view not to repeat the mistakes.
They have integrated TradingView Alerts through which traders can directly set the entry point of their trades, which will automatically take place once it hits its entry price. Also, traders can apply smart trading with it.
Traders can automate their trade by the latest trading view alert integration. In this, trade is automatically placed when the portfolio reaches a particular trade alert.
i)Create multiple accounts and portfolio
ii)Hedging same crypto assets by long/short and even portfolio hedging.
iii)Portfolio rebalancing in few clicks.
4. Rebalance
Traders can instantly divide their portfolio into different crypto assets as per their needs or the criteria which was set earlier. Thus rebalancing their assets.
SECURITY
But despite all these features, traders fear losing their money to scammers and unsatisfactory, weak projects. Thus they prioritize the security of their assets.
CCAI has therefore proposed a multi-protection of funds.
- Authentication
2 step verification during login and fund transfer. - Storage
Custody provided by Binance. It allows to be confident in safety and concentrate more on features. - Encryption
Cryptography by NSIT, IETF, BIP. - Continuous Deployment
All the internal issues and errors are prioritized and resolved quickly.
PARTNERS.
They have been partnered with the world’s biggest crypto exchange Binance, where they would be keeping all of the funds, and also, the liquidity will be solely provided by the Binance exchange.
CONCLUSION.
Thus, CCAI was created to make trading more accessible and seamless with their advanced trading built-in tools. The traders can maximize their profit earning with their advanced tools and save time through one of their alert features to focus more on different assets or take a day’s leisure without worrying about their positions.
Thus, CCAI can even profit from traders even when they are offline or aren’t going through candlesticks. They can pre-determine the price of their portfolios and put alerts to trade. This relieves traders from continuous monitoring confrontation and gives them extra time to work on other assets and projects. It also lowers the risks of getting liquidated during the trade.
If someone has developed his own automatic trading algorithm, he can Connect it to the CCAI API library and improve his algorithm with CCAI’s smart trading features.
Overall it will definitely impact the current crypto derivative market and make a name for itself on the market.
Website :-https://cryptocurrencies.ai
Telegram:- https://t.me/CryptocurrenciesAi
Twitter:-https://twitter.com/CCAI_Official
Spykefast TG : https://t.me/spykefastofficial
Contact Spykefast Group (TG Members — @realsch & @Gem_Flair) for promotions and AMA!!
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