-
Bitcoin $93,686.5765
-0.45% - Ethereum
$1,760.1474
-2.17% - Tether USDt
$1.0002
-0.01% - XRP
$2.2732
1.87% - BNB
$601.0901
0.00% - Solana
$146.2734
-1.96% - USDC
$0.9999
-0.01% - Dogecoin
$0.1755
-2.26% - Cardano
$0.6911
-0.98% - TRON
$0.2469
-0.90% - Sui
$3.5481
-1.19% - Chainlink
$14.5681
0.22% - Avalanche
$21.5155
-1.29% - Stellar
$0.2825
-0.20% - UNUS SED LEO
$8.9778
-0.34% - Toncoin
$3.2208
-0.33% - Hedera
$0.1903
1.76% - Shiba Inu
$0.0...01339
-0.66% - Bitcoin Cash
$346.9819
-1.27% - Polkadot
$4.1455
1.38% - Litecoin
$84.5126
-2.09% - Hyperliquid
$17.4017
-2.66% - Dai
$1.0001
-0.01% - Bitget Token
$4.3938
0.56% - Ethena USDe
$0.9997
0.01% - Monero
$261.2896
14.21% - Pi
$0.6123
-2.89% - Pepe
$0.0...08652
-1.57% - Aptos
$5.5025
2.43% - Uniswap
$5.4214
-2.36%
When will the AscendEX contract be delivered?
AscendEX's contract platform, expected to launch in Q4 2023, offers enhanced trading capabilities such as margin trading, stop-loss orders, and take-profit orders, enabling precise risk management and profit maximization.
Nov 23, 2024 at 01:42 am
When Will the AscendEX Contract Be Delivered?
AscendEX, a global cryptocurrency exchange, has announced plans to launch a perpetual contract trading platform. The platform, which is expected to go live in the fourth quarter of 2023, will offer users the ability to trade cryptocurrencies with leverage.
The launch of the AscendEX contract platform is a significant development, as it will provide users with a more efficient and cost-effective way to trade cryptocurrencies. Perpetual contracts are a type of financial instrument that allows traders to speculate on the future price of an asset without having to take physical delivery of the underlying asset.
This makes perpetual contracts a more flexible and versatile trading instrument than traditional futures contracts, which require traders to take physical delivery of the underlying asset at the expiration of the contract.
AscendEX has not yet announced a specific launch date for its contract platform. However, the exchange has stated that it is working diligently to bring the platform to market as soon as possible.
Once the AscendEX contract platform is live, users will be able to trade a variety of cryptocurrency pairs, including BTC/USDT, ETH/USDT, and XRP/USDT. The platform will also offer a variety of trading features, such as margin trading, stop-loss orders, and take-profit orders.
Here is a more detailed look at the key features of the AscendEX contract platform:
- Margin trading: Margin trading allows traders to borrow funds from the exchange to increase their trading power. This can be a useful tool for traders who want to increase their potential profits, but it is important to note that margin trading also increases the risk of losses.
- Stop-loss orders: Stop-loss orders allow traders to automatically sell their positions if the price of the underlying asset falls below a certain level. This can help traders to protect their profits or limit their losses in the event of a market downturn.
- Take-profit orders: Take-profit orders allow traders to automatically sell their positions if the price of the underlying asset rises above a certain level. This can help traders to lock in their profits or take advantage of short-term market movements.
The AscendEX contract platform is a significant development for the cryptocurrency industry. It will provide users with a more efficient and cost-effective way to trade cryptocurrencies, and it is likely to attract a large number of new users to the AscendEX platform.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- MicroStrategy Doubles Down on Bitcoin, Acquiring 15,355 BTC in Its Second Consecutive Week of Massive Purchases
- 2025-04-29 01:40:12
- Nexus Mutual Expands Its Insurance Coverage to Protect Users from Slashing Penalties within Babylon's Bitcoin Staking Network
- 2025-04-29 01:40:12
- Bitcoin (BTC) could soon break new highs as corporate accumulation and renewed ETF inflows drive a “supply squeeze,” analysts say
- 2025-04-29 01:35:12
- MicroStrategy Adds 15,355 Bitcoin to Holdings, Achieving 13.7% YTD 2025 BTC Yield
- 2025-04-29 01:35:12
- Bitcoin (BTC) Integration into Lace Wallet Sparks Optimism for ADA Holders
- 2025-04-29 01:30:12
- Coinbase Rolls Out New Bitcoin (BTC) Yield Fund for Institutional Investors
- 2025-04-29 01:30:12
Related knowledge
How to trade LINK contracts? Things to note when trading with leverage
Apr 28,2025 at 08:01pm
Trading LINK contracts, particularly with leverage, can be an exciting yet risky endeavor. LINK, or Chainlink, is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. Trading LINK contracts involves speculating on the price movements of LINK without owning the actual cryptocurrency. When you trade with lever...
When will the leverage multiple adjustment take effect? Will the leverage change affect the existing position?
Apr 28,2025 at 02:36am
Understanding Leverage Multiple Adjustments in Cryptocurrency TradingIn the realm of cryptocurrency trading, leverage is a powerful tool that allows traders to amplify their trading positions beyond their initial capital. However, adjustments to leverage multiples are a critical aspect that traders must understand thoroughly. This article delves into wh...
Why is the profit and loss of the contract not in line with expectations? Does the calculation of unrealized profit and loss include handling fees?
Apr 27,2025 at 09:14pm
In the world of cryptocurrency trading, especially when dealing with futures and options contracts, traders often find themselves puzzled by discrepancies between their expected and actual profit and loss (P&L). This article delves into the reasons behind such discrepancies and explores whether the calculation of unrealized profit and loss includes hand...
How to play Bybit copy trading? What are the potential risks of following the operation of experts?
Apr 27,2025 at 07:21pm
How to Play Bybit Copy Trading? What Are the Potential Risks of Following the Operation of Experts? Bybit copy trading is a popular feature among cryptocurrency traders looking to benefit from the expertise of seasoned professionals. This article will guide you through the process of engaging in Bybit copy trading and explore the potential risks associa...
What happens if the position margin is insufficient? Where can I view the margin call notification?
Apr 28,2025 at 03:56pm
In the world of cryptocurrency trading, managing your position margin is crucial to maintaining open positions. If the position margin becomes insufficient, it can lead to a series of events that may impact your trading activities. Understanding what happens when the margin is insufficient, as well as how to view margin call notifications, is essential ...
What analysis tools are there for contract candlestick charts? How to set technical indicators more efficiently?
Apr 27,2025 at 06:56pm
In the world of cryptocurrency trading, analyzing contract candlestick charts is crucial for making informed trading decisions. Various tools and technical indicators are available to help traders understand market trends, identify potential entry and exit points, and manage risks effectively. This article will explore the different analysis tools avail...
How to trade LINK contracts? Things to note when trading with leverage
Apr 28,2025 at 08:01pm
Trading LINK contracts, particularly with leverage, can be an exciting yet risky endeavor. LINK, or Chainlink, is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. Trading LINK contracts involves speculating on the price movements of LINK without owning the actual cryptocurrency. When you trade with lever...
When will the leverage multiple adjustment take effect? Will the leverage change affect the existing position?
Apr 28,2025 at 02:36am
Understanding Leverage Multiple Adjustments in Cryptocurrency TradingIn the realm of cryptocurrency trading, leverage is a powerful tool that allows traders to amplify their trading positions beyond their initial capital. However, adjustments to leverage multiples are a critical aspect that traders must understand thoroughly. This article delves into wh...
Why is the profit and loss of the contract not in line with expectations? Does the calculation of unrealized profit and loss include handling fees?
Apr 27,2025 at 09:14pm
In the world of cryptocurrency trading, especially when dealing with futures and options contracts, traders often find themselves puzzled by discrepancies between their expected and actual profit and loss (P&L). This article delves into the reasons behind such discrepancies and explores whether the calculation of unrealized profit and loss includes hand...
How to play Bybit copy trading? What are the potential risks of following the operation of experts?
Apr 27,2025 at 07:21pm
How to Play Bybit Copy Trading? What Are the Potential Risks of Following the Operation of Experts? Bybit copy trading is a popular feature among cryptocurrency traders looking to benefit from the expertise of seasoned professionals. This article will guide you through the process of engaging in Bybit copy trading and explore the potential risks associa...
What happens if the position margin is insufficient? Where can I view the margin call notification?
Apr 28,2025 at 03:56pm
In the world of cryptocurrency trading, managing your position margin is crucial to maintaining open positions. If the position margin becomes insufficient, it can lead to a series of events that may impact your trading activities. Understanding what happens when the margin is insufficient, as well as how to view margin call notifications, is essential ...
What analysis tools are there for contract candlestick charts? How to set technical indicators more efficiently?
Apr 27,2025 at 06:56pm
In the world of cryptocurrency trading, analyzing contract candlestick charts is crucial for making informed trading decisions. Various tools and technical indicators are available to help traders understand market trends, identify potential entry and exit points, and manage risks effectively. This article will explore the different analysis tools avail...
See all articles
