The cryptocurrency market has experienced remarkable growth worldwide, and the user base expands significantly. The global user base of cryptocurrencies increased by almost 190 percent between 2018 and 2020, only to accelerate even more in 2022. Even in India, the numbers have been increased, it is projected that it grows to 107.29 million users by 2025. This increase in popularity has led to the increase of numerous platforms to unique negotiation transactions, every time they offer features, features, tariff structures and tariff structures performance. For professional investors seeking to capitalize on the volatility and potential of the cryptographic market, futures trade platforms provide sophisticated tools and opportunities. Today there are many available platforms that can help navigate the Crypto futures trade depending on its characteristic, rates and performance.
1. Pi42
PI42 is distinguished as a unique platform, particularly for Indian professional merchants. It is the only platform that offers perpetual futures dedicated with INR and USD that negotiate more than 250 pairs, and users do not have or perform transactions directly with VDA, thus avoiding 30% of VDA taxes and 1% of TDS. This approach in compliance with Indian regulations and the ease of INR transactions makes it a convincing choice for merchants in India. PI42 emphasizes strategic and analytical approaches to dominate cryptographic markets, positioning itself as a fully regulated platform that prioritizes safe and legal trade. The platform offers an leverage of up to 75x, which serves several commercial strategies. The key characteristics include direct operations of INR, tax benefits, risk management tools in favor of level and a strong liquidity guarantee.
2. Binance
Binance is constantly located as one of the main cryptography exchanges worldwide, and its futures platform is a leader in the negotiation volume. It offers a wide range of futures contracts, with more than 340 negotiation pairs and competitive rates. Binance provides high leverage options, which allows operators to amplify their positions. The platform admits futures contracts called and established in Stablecoins or the underlying cryptocurrency. With its integral characteristics and robust performance, Binance is a popular option for professional merchants worldwide.
3. Coindcx
Coindcx is an outstanding encryption exchange in India, known for its easy -to -use interface. It offers futures operations with an leverage of up to 100x in BTC and ETH pairs, and a 50X leverage in more than 300 peers. COINDCX supports trade in INR and provides tools for tax reports, which is crucial for Indian merchants. The platform emphasizes the security and compliance with local regulations, so it is a reliable option for professional merchants in India. It also offers characteristics such as automated tax reports and customer service 24/7.
4. Coinswitch
Coinswitch is another platform focused on India that provides access to crypto futures through its Coinswitch Pro platform. It offers more than 480 futures contracts. Coinswitch Pro aims to provide a reliable platform with low rates and strong liquidity. It also supports the API futures trade, which serves professional merchants who use algorithmic strategies. The platform highlights the benefits, such as coverage capabilities and the ability to benefit from ascending and descending markets.
5. MUDREX
Mudrex offers a unique approach to providing automated trade and investment solutions. While it may not focus solely on futures trade, it provides tools and characteristics that can be valuable for professional investors seeking to automate their commercial strategies, even in the futures market. Mudrex emphasizes safety and compliance, offering characteristics such as insured funds and advanced encryption. It also facilitates easy deposits and withdrawals. While some user reviews mention complexities, Mudrex’s approach in automated trade can be an advantage for professionals seeking efficiency.
Choosing the Trade Platform from Correct Cryptographic Future It is crucial for professional investors. These platforms offer a wide range of characteristics and high leverage, which serves experienced merchants worldwide and India, respectively. Each platform has its strengths, and the best option will depend on the needs, preferences and regulatory requirements of the individual merchant.
Read also: cryptography markets stumble like tariffs, liquidations and false policy steps
Discharge of responsibility: The information provided in Alexablockchain is only for informative purposes and does not constitute financial advice. Read the discharge of complete responsibility here.
Image credits: : Unspash, Shuttersock, Getty Images, Pixabay, Pexels, Canva