Sponsored

Crypto Trading Gets the Boost it Deserves. The DueDEX Risk Manager™ Brings Protection to Derivative Markets

Cryptocurrencies, as volatile they are, have always offered great gains. If a trader studies the market and the technical indicators, a profitable investment is executed. Yet, like all investments, there are always chances that losses will occur. The negatives and positives of profitability vastly increase for traders when they use leveraged options. With many different exchanges offering anywhere from 5 times to more than a hundred folds on a funds through leverage, the lure becomes ever more tempting.

Leveraged Profits, Leveraged Losses

While leveraged products and derivatives offer traders to borrow crypto assets and increase their profitability, they are unfortunately left exposed to the same level and extremity in case of losses. A trader using, let’s say a 50x leverage product, stands to

gain 50 times the profit of the underlying asset. In case the original asset falls in value in the market, the derivative will also fall, but by 50 times.

This can be problematic for traders, especially new ones who do not completely comprehend the ramifications. Exchanges are also at fault, offering highly risky products without properly informing their users on the potential losses they are being exposed to.

DueDEX: One Click Risk Management

DueDEX is crypto-derivatives exchange that is on a mission to provide the safest leveraged product service to traders all around the world. Using their trademarked DueDEX Risk Manager

Related Post
, traders can be shielded from the excessive losses through automated management for their assets. Users only need to define how much risk they are willing to take on their trades. The risk manager automatically sets the entry level, stop losses and the equity risk. For example, the lowest setting of a
0.25% means that a trader can withstand up to 20 different trade losses in continuity and still manage to part with 5% of the account equity.

On the protection the Risk Manager offers to traders, CEO of DueDEX, Bo Wang said,

“This is exactly what the industry needs – 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.”

The DueDEX Risk Manager and other future services are aimed towards allowing new and less experienced traders enter the derivative market and take advantage of increasing their assets by giving them the same exposure to profitability, yet mitigating their losses. This and other protections offered to traders are crucial points in adoption of crypto markets for the new generation of traders. This is realized by DueDEX and Wang, who further stated;

“User experience is everything, and we expect to add more unique features and increase access to trading tools that assist traders in profitability and risk management in the future. We believe if we continue to deliver unique and high quality products the exchange will continue to grow and position as a market leader through 2020.”

The exchange is also offering up to USD 200 bonus on deposits. Trading on the DueDEX exchange is as easy as taking 30 seconds to sign up here and gaining a statistical edge today.

James Woods

Tech Geek and avid developer.

Share
Published by
James Woods

Recent Posts

OKX Wallet Sees Whales Massive Moves; More on Plus Wallet & Coinbase  

Plus Wallet Impresses with its Speedy 15-Min Token Listings While Coinbase Unveils AI Tool &…

24 mins ago

100% Bonus with BlockDAG! Ethereum Eyes Breakout, Sui Plans To Expand

BlockDAG Rolls Out Limited Time 100% Bonus For Community While Ethereum Price Looks Bullish &…

1 hour ago

Best Crypto Wallets 2024: Top Choices for Security & Rewards

The 5 Best Crypto Wallets Worth Using in 2024 — Find Out Why Selecting a…

2 hours ago

Ethereum Ecosystem Primed For A November Rally – ETH Coins Chainlink (LINK), Toncoin (TON), And Cutoshi (CUTO) The Ones To Watch

With a Total Value Locked (TVL) of $50.72B, Ethereum is the world's largest blockchain, with…

9 hours ago

Analysts Predict a Rollblock 5000% Surge Dwarfing Pepe Coin and Popcat Recent Fame

The meme coin market has recently been surging once again; tokens such as Pepe and…

19 hours ago

FLOKI Dominates Meme Market as Rollblock ICO Skyrockets. Is Polkadot Losing Its Edge?

The FLOKI price has recorded over 300% yearly ROI, dominating crypto gains in the meme…

19 hours ago