NGKEX: Safe and easy to use are the real “shortcuts” for a trading platform to break through and grow

Ngk
4 min readApr 6, 2021

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With the continuous breakthrough of encrypted assets, the number of new traditional investors has continued to increase, and the previous stock market has gradually changed to an incremental market. Different from the early players in the crypto industry, the understanding of crypto assets and investment strategies for traditional investors need to be improved, and it is difficult to adapt to the rules and operating procedures of cryptocurrency products. As the hub of the crypto market, exchanges serve as an entry for investors to enter the market. One of the main ways to balance the ease of use and professionalism of products as well as provide safe and reliable services has become the core element of the exchange’s strategic transformation.

NGKEX

Usually the trading platform will provide users with a risk control mechanism, but investors must set up their own deployment. For users who are first exposed to encrypted assets and contract transactions, it is difficult to understand this in a short time. Thus, the NGKEX adopted a margin risk control system to provide the most convenient risk control mechanism and reduce the user’s risk of liquidation. In the current market, most exchanges will set up a separate margin account for each derivative contract, and the margin risk control system of the NGKEX uses a full-category margin model, even if investors have opened several contracts with different asset types and invested in a combination of multiple derivatives, and they only need one general margin account.

The whole position margin can effectively amplify the utilization of users’ funds, but also greatly reduce the chance and loss of users’ liquidation. Diversified investment and allocation of funds are the most used strategies for investors to hedge risks. If each asset needs to be allocated a separate margin, it will cause some of the asset positions to be idle. In the NGKEX’s full warehouse margin system, the margin can be fully utilized.

NGKEX

Although the margin is integrated, even if an individual contract is liquidated, it does not mean that the margin will be lost in full. The NGKEX adopts a “gradual liquidation” method. When a contract liquidation causes the entire account’s margin to be insufficient, the system will automatically liquidate the contract with the largest loss in the account, taking the degree of loss as the standard, and stopping the loss in sequence until the user’s margin rate reaches the required level, the investment funds will be automatically managed, so that the user does not need to watch the market at any time, nor is it used to switch positions, realizing a fast management.

In addition to the margin system, the NGKEX has also made innovative breakthroughs in its settlement mechanism. At present, the mainstream settlement plan of the exchange platform is mainly daily settlement and settlement every 8 hours. The NGKEX uses the real-time settlement system model for reference. Regardless of whether the user’s contract is closed or opened, the profitable part is available at any time. The funds can be traded at any time according to the user’s needs, and are not restricted by system settlement or amount, which further enlarges the utilization rate and liquidity of funds, and provides a broader operating space for investors.

NGKEX

When choosing a trading platform, the investors must not only consider the quality of products and services, but also the security, which is the core element. If the platform cannot ensure the safety of users’ funds, no matter how high the returns are, it will only be in the mirror. The powerful security mechanism and reliable underlying architecture of NGKEX create a professional, efficient, and safe investment scenario for investors. At the same time, as a new force on the exchange industry, the NGKEX has more flexible space, and it will definitely become a new generation of trend leaders in the future.

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