Trade Stocks with Bitcoin at KoinPro

KoinPro.com
KoinPro.com
Published in
4 min readMar 23, 2020

--

Bitcoin futures first emerged back in 2017 as a way for traders to get increased control over their trades and better manage their exposure to risk and upside profit.

Since then, huge improvements have been made in both the accessibility and usability of Bitcoin futures platforms, allowing even the least experienced traders to benefit from the power and flexibility that only futures enable.

A New Class of Futures Exchange

Built from the ground up, KoinPro was designed to offer cutting-edge features and industry leading security from the outset, while being flexible enough to support both new and advanced futures traders.

Part of the way KoinPro accomplishes this is with its completely fresh take on the way Bitcoin futures are traded. Rather than providing a complex order panel with a dizzying array of order types and options, KoinPro keeps things simple and offers two predefined Bitcoin futures contracts — the double-UP and perpetual contract.

Double-UP: The double-UP contract is our beginner-friendly contract that features limited risk and simple execution settings. The concept is simple, the double-UP contract is traded at 100x leverage and will automatically settle when the position either gains or loses 100% of its value. As such, customers can simply open the contract and check back the next day to see the results of their order.

Perpetual: The KoinPro BTC/USD perpetual contract is a more advanced option with additional flexibility for traders. Customers have the ability to choose to exit their position at a specific profit or loss. Like the double-UP contract, the BTC/USD perpetual is traded at 100x leverage, allowing traders to net huge profits from even minor market movements.

Both contracts allow traders to go long or short on the market, and benefit from the incredible liquidity and low spread guaranteed by our smart price aggregator technology.

In addition, KoinPro has recently added support of the Stock Index CFDs, Gold and Oil.

Game Changing Features

Although our simplified futures contracts make Bitcoin futures trading incredibly easy, KoinPro aspires to become not only the most accessible futures exchange, but also the safest.

In light of this, we partnered with BitGo — a regulated cryptocurrency custodian that is purpose-built for safely storing digital assets. By using BitGo as custodian for our user funds, we ensure users are 100% protected against practically any kind of hack or attack, since our wallets are backed by a $100 million insurance plan.

Beyond this, KoinPro is decked out with a host of unique features that make it trading Bitcoin futures more convenient and safe, including;

  • Free demo account. All customers are eligible for a free demo account loaded with $10,000 in play money, allowing users to test-drive our features and try new strategies with zero risk.
  • Absolutely no KYC. We value your privacy. Because of this, we won’t ask you to fork over your private information to use our platform.
  • Freedom from market manipulation. Our smart aggregation engine averages prices from multiple platforms, and completely eliminates fraudulent market activity — goodbye scam wicks!
  • Multiple user-side security options. Customers benefit from a range of additional security options, including Google Authenticator and SMS verification, ensuring accounts stay secure at all times.
  • Support for multiple stablecoins. Customers can deposit Bitcoin (BTC) or a wide range of stablecoins, including Tether (USDT), USD Coin (USDC) and Paxos Standard (PAX) to top up their USD balance.

What are Bitcoin Futures?

In their simplest form, futures are a type of derivative contract that tracks the price of an underlying asset — in this case Bitcoin, allowing traders to speculate on the direction of its price movements by going either long (bullish) or short (bearish). Counterparties on a futures contract agree to trade the underlying asset (Bitcoin) at an agreed price at the date of the contract expiry, regardless what the market price of Bitcoin is at the time.

Although this might sound complicated, KoinPro makes trading Bitcoin futures an extremely simple process by completely eliminating the complex order features typically associated with futures trading with the KoinPro BTC/USD double-UP contract.

By selecting KoinPro’s unique double-UP contract, customers can simply enter into a predefined order position that will automatically close when the position either gains or loses 100% of its value, or when the contract expires — whichever comes first. Because of this, customers with even zero experience trading Bitcoin futures can easily benefit from trading with 100x leverage, without exposing themselves to unnecessary risk.

As such, KoinPro essentially gamifies the Bitcoin market with the double-UP contract, while more advanced traders can unlock additional control over their trades with our perpetual contract.

--

--

KoinPro.com
KoinPro.com

A Bitcoin futures trading platform that is designed to offer a fast, simple way to speculate on the price of Bitcoin without the drawbacks usually associated wi