The futures derivatives track is rising again. How does NGKEX adjust its strategy?
Since the second half of 2020, the price of Bitcoin has continued to rise, breaking new historical highs several times, and all sectors have once again appreciated the value and charm of this “digital gold”. The accelerated entry of traditional financial institutions and technology giants has led the mainstream market to pay more attention to the crypto assets. With that, the scale of the crypto market has grown rapidly, and the structure of the industry and user groups has also quietly changed. Now, changes on the operating strategy of the exchange platform are urgently needed.
The leading exchanges are paying more attention to futures contracts. Binance and Huobi have successively achieved coverage of mainstream asset futures contracts (currency standard and U standard). In the subdivision field, the contract platform represented by the NGKEX is also exerting its strength.
After several iterations and upgrades, the NGKEX has a matching performance of up to one million transactions per second, a single shard supports up to 30,000 orders per second, the market push is less than 5ms, the orders are sent as soon as they are triggered, and the required information is loaded with one click. At the same time, the network data of the NGKEX is transmitted through Transport Layer Security (i.e. TLS channel), and it has a multi-dimensional security risk control system such as asset flow backtracking, abnormal alarms, risk response, data monitoring, etc., to provide investors with a safe and reliable trading environment.
With the continuous breaking throughs in the 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, the traditional investors’ understanding of crypto assets and investment strategies need to be improved. However, in the face of interest and market competition, some platforms tend to ignore user education. They overemphasize benefits and use the data of some profitable users to attract other users. They tend to ignore that the nature of the exchange is simply a platform. It makes no difference whether individual users make money or lose money. This not only reduces the user’s life, but also leads to an unhealthy structure of platform users and an unsustainable business model.
For investors to truly appreciate the charm of the crypto market, the NGKEX has launched an in-depth strategic cooperation with Damo Academy to strengthen the community management and service system. It can help users quickly understand the crypto market through hands-on teaching methods and establish their own trading theory system. This eliminates the threshold of digital financial derivatives, promotes the integration of the encrypted market and the traditional market, thereby putting an end to “fraudulent growth” and maintaining a good market order.
In addition, NGKEX adopts a lower funding rate and only charges a handling fee, which amplifies the capital utilization of investors and provides more operational space. The NGKEX is the first to propose benchmarking BTC prices, taking Binance, Huobi, and the top platform BTC spot prices as indexes to ensure the safety and fairness of transactions. The index indicators are determined entirely based on the market. With that, illegal market behaviors such as black box operations and malicious acts are eliminated. This unique handling mechanism prevents users from solely responsible for penalizing losses. The design concept makes it easy for novice investors to get started with contracts for the first time, thus lowering the entry barriers for investors in all respects.