Innovation in Crypto Trading Platforms: A Fresh Player Enters

Amidst a variety of platforms offering crypto options trading, an emergent exchange targets to fix the prevailing issues and streamline the process. Digital currencies have redefined asset perception and trading, unlocking novel ventures for traders and investors. While conventional methods of crypto trading remain popular, the market is constantly expanding, evolving to adapt and address traders’ needs better.

From introducing futures contracts to advancing in options trading, platforms are working relentlessly to fill the gaps and deliver comprehensive trading solutions for users across the spectrum.

Decoding Crypto Options Trading: Unlocking New Opportunities

Crypto exchanges have witnessed a substantial growth in trading volume since the inception of digital currencies. Traders, like with traditional assets, are on the lookout for methods to fine-tune their strategies and boost their returns. To achieve this, they often rely on tools like options contracts.

Options trading provides a more complex alternative to a direct purchase of Bitcoin from an exchange, allowing traders to forecast the future value trajectory of a given asset. In anticipation of a potential value surge, traders may use options to drive profit.

Unlike futures, options provide a certain level of flexibility to traders. When the contract matures, a trader can decide not to purchase the underlying asset.

Various options like put or call options, along with American or European options, provide further granularity to the trading strategy. Call options offer traders the ability to purchase an asset on the contract’s expiration date. Conversely, put options give traders the right to speculate on the future value of a cryptocurrency. European options, however, necessitate execution on the specified date.

Challenges in the Current Market

The crypto derivatives market has mirrored the rapid expansion seen in the spot market. Open interest jumped from $1.6 billion in 2020 to an impressive $8 billion presently.

Despite having multiple exchanges for options trading, the quality of user experience varies widely across platforms. As BDC Consulting’s survey suggests, liquidity and user-friendliness rank high among traders’ priorities.

Coincall, an upcoming crypto derivatives trading platform, is designed to address these needs, aiming to morph into the ‘Robinhood’ of crypto trading. The platform promises a user-centric design, robust liquidity, USD as the base currency, and an additional safety layer through external custodians.

Behind Coincall: A Pool of Talented Individuals

About 60 professionals with expertise in areas like product development, design, engineering, risk control, trading, system maintenance, operations, and marketing, constitute the Coincall team. With their diverse experience, Coincall is equipped to cater to a broad range of user demands. Some team members have impressive pedigrees, having worked at notable exchanges like Binance and OKX, and prominent financial firms like JPM, Optiver, and UBS.

The founding partner of Coincall, Bastion Trading, a company established by seasoned traders from institutions like JP Morgan and Optiver, guides the platform’s direction.

Not Just For Institutional Traders

Derivatives trading can seem daunting, often giving an impression of being an exclusive domain for large institutional investors. Coincall, however, believes that retail traders also can explore these instruments. Hence, the platform is designed with an emphasis on user-friendliness, catering to both institutional traders and retail investors. The platform’s competitive fees and round-the-clock customer support further add to the user-friendly experience.

Coincall asserts its commitment to security and trust, ensuring a safe trading environment. By integrating Copper’s ClearLoop technology, the platform can securely manage and transfer digital assets, reducing counterparty risks and fortifying security infrastructure. Additionally, Coincall’s robust risk-control team, comprising experts from traditional finance and leading crypto organizations, will continuously monitor risks and take necessary action.

Coincall plans to launch by the end of June 2023, but early bird registration is currently open. Interested individuals can explore more about this promising crypto derivatives trading platform on its official website and social media channels.