Current State of the Crypto Derivatives Market and How Bitfair Plans to Reshape It

cryptocurrency. In less than a decade’s time, this newfangled form of currency has greatly affected the way we trade today. With more eyes polestaring the concept of decentralization and its potential applications, the flourishing glory of crypto trading is neither unprecedented nor unwelcoming to human intelligence.

However, the ribbing question today is, how effective are these Trading Platforms in dealing with these nascent fragments of technology that are irrevocably promising a firm global stand?

Unfortunately, the Crypto Trading Market of present happens to fall desperately short of numerous basic features, making crypto trading a dubious and extortionate affair. The integration of cryptocurrency into mainstream investment markets through derivative contracts is a fascinating pursuit hindered by the unsophisticated, hazy and austere ways of the platforms monitoring the trades.

To a generic user, it is quite clear that the basic trading vehicles and technological advances inherent in traditional investment exchanges are completely absent on crypto exchanges which are resulting in an unsuccessful disposition of trading opportunities, thus, compromising the admissibility of all associated profits.

The complicated trading options, methods and outcomes exercised by the majority of trading platforms cause misinterpretation of the true clauses of trading contracts by the novice traders, often costing them dear money to sheer misunderstanding and ambiguity.

Series of substantial researches state that there is no existing platform that provides an easy mechanism to profit from general altcoins falling in value. The opportunities entailing selling of a token now and buying it back again at a reduced price later are confined to ownership of the tokens by traders and investors.

Also, the leveraged trading option that certain trading platforms provide rests with only a few tokens that possess the liquidity and low volatility to counter the risks of operating a leveraged exchange. These top cryptocurrencies include Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Ethereum Classic, Dash and Monero whose margin trading is mainly centralized and the pricing, as well as contract terms, tend to be heavily manipulated by intermediaries.

Bitfair is a peer-to-peer Derivative Trading Platform that intends to introduce a better-furnished mechanism of derivative trading into cryptocurrency market and help the investors profit from all kinds of price fluctuations. It makes use of Smart Option Contracts (SOCs) that record trades and get executed only at a predetermined price and time or on expiry of the trading contract. Most traders are aware of their price preferences with respect to the buying and selling of any cryptocurrency. But they may not be online to track when their preferred values are reached.

Bitfair enables the traders to place a future order on any cryptocurrency with its entry limit function. Using it, traders can directly enter into an OTC trade on agreed pricing outcome during a fixed period time frame through SOCs. All SOC trades characterize only two possible ways of execution – hitting the floor or ceiling price called the knockout price or at the time expiration.

All traders know exactly what the maximum amount of profit or loss is that can be sustained during any trade, as all trades are OTC at a predefined price during an agreed period. This is the factor that makes Bitfair an ultimate user-friendly, explicit, less risk-prone platform for traders to access, use and benefit from.

The Bitfair system involves a Spread Adjustment Policy (SAP) for all the open orders that do not get matched into any SOC. The SAP renders transparency to every cryptocurrency value, ultimately allowing the traders to gauge their chances of profit from every cryptocurrency available in the market.

Further, Bitfair is the only platform that allows the traders to trade up to 1000x leverage without the interjection of any intermediary or broker. Additionally, Bitfair’s indigenous aspects like fast trade execution, smart API’s, working capital security and 24/7 customer support over IOS and Android applications impart greater reliability, ease and stability its entire system.

Altogether, Bitfair is a revolutionary approach at liberating the crypto traders from the tedious confines of the traditional derivative trading system and providing them a secure sanctuary of ease and benefit. With its Blockchain-supported, over-the-counter trading approach, Bitfair is spearheading the much desired, positive change in the entire Cryptocurrency Market today.

To find out more, visit https://bitfair.com/

Read the white paper here.

Join their Telegram community here: https://t.me/bitfairhq

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