In a bid to help investors easily maximize profits and minimize losses from buying or selling cryptos, CoinEx, a global cryptocurrency exchange has introduced a new strategic trading strategy to help users set out sound investment plans and stay ahead. The CoinEx trading strategy covered choosing the target cryptocurrency, minimizing the influence of emotional decisions, mastering crypto tools and indexes, etc.
As we know, in the realm of cryptocurrencies, a trading strategy is a planned plan or trading behavior created to assist investors in making money when they purchase or sell cryptocurrencies in both long and short markets. Overall, a well-developed and mature trading strategy is essential for investors since it enables them to profit from market fluctuations, make simple investments, and increase earnings or decrease losses.
CoinEx’s Strategic Trading
CoinEx launched Strategic Trading in February 2023 to assist consumers in better planning and managing their investments. This new segment includes Auto-Invest Plan. Users of CoinEx now have the opportunity to design their trading strategies and Auto-Invest Plans for a more convenient cryptocurrency investment process.
On the CoinEx website, the Finance dropdown menu provides quick access to Strategic Trading. The part also has additional subsections including Finance, AMM, and Dock. In the CoinEx Strategic Trading area, Auto-Invest Plan is now available, and Spot Grid will be made available in the upcoming months as well.
Users can easily invest in cryptocurrencies by using lazy tactics with the Strategic Trading section. For instance, with the Auto-Invest Plan, shrewd investors can effortlessly select a profitable trading strategy and make consistent crypto investments with specified quantities and cycles, all while putting time concerns to rest.
The system will automatically deduct the investment cost from the user’s Spot account and place an order by the predetermined investment amount and cycle when an Auto-Invest Plan has been made through the Strategic Trading area.
Investment is made simpler because fewer operations are needed. Also, when Spot Grid launches, CoinEx users will be able to use the new feature to engage in quant trading.