The cryptocurrency trading market is much more mature than the bull market before 2017. There are many services that offer cryptocurrency margin trading, spot trading and contract trading. Although shared services are similar, there are a few important differences between these services.
This article aims to help you better understand SnapEx in the context of other cryptocurrency trading platforms - and how you can benefit by choosing to trade on SnapEx.
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SnapEx difference
- Tether (USDT) is the base currency.
- Low barrier.
- Spread is 0
- Reasonable price based on K-line weighted average of 4 major cryptocurrency platforms.
- A leverage of 10 to 100 times is possible.
- Only one transaction fee per position is allowed to open.
- No cost of slippage and no clawback
Formula for calculating profits and losses
long position = (Open price - Close price) * position
Note: Close price is the buying price specified by the current market
short position = (Open price - Close price) * position
Note: Close price is the buying price specified by the current market
On this platform - unlike other trading services - SnapEx does not add its own speard. The price that traders see on SnapEx is the most accurate spot price (without additional speard and slippage) on the market.
This unique feature is part of SnapEx's goal of making contract trading easy and accessible to all traders - regardless of whether you are trading with a margin of 5 USDT or 5,000 UDST. . Fair and transparent pricing is to help traders perform more accurate and informative analysis, without sacrificing the potential profit from additional platform spreads.
SnapEx is made for everyone - whether you're a beginner or a professional trader. All prices are indicated on the platform in accordance with the market spot price without extra spread. Transaction fees are applied only once - when a position is opened - and no other processing fees are charged when the position is closed. The low barrier for SnapEx allows people to trade, while the absence of any slippage costs and spreads allows higher potential profits than many other platforms on the market.
With the official launch of SnapEx web trader, users can choose to trade using App, web trading or both. Those who prefer to trade exclusively on PCs or laptops can now easily trade on their phones.
- IOS users can download the application through the App Store; Android users can download the application through Google Play or other app stores*;