Welcome to our FAQ article dedicated to CoinCall, the leading cryptocurrency exchange that brings a new dimension to options and futures trading in the crypto space.
CoinCall offers a user-friendly platform where traders can speculate on the price movements of cryptocurrencies such as Bitcoin and Ethereum. With its intuitive interface, low fees, and a wide range of features, CoinCall aims to make options trading accessible and inclusive for both retail and professional users.
We are excited to announce that CoinCall has recently launched its Early Bird Program, designed to reward early adopters and provide them with exclusive perks and benefits.
As an early adopter, you will have the opportunity to experience the evolution of options and futures trading on CoinCall firsthand.
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The Early Bird Program offers a range of exciting advantages, including free Options contracts, reduced trading fees, priority customer support, and the chance to shape the direction of the exchange through feedback.
In this FAQ article, we will address some of the most frequently asked questions about CoinCall, providing you with in-depth information about the platform, its security measures, minimum deposit requirements, available tools for automating trades, the experienced team behind CoinCall, and much more.
Frequently Asked Questions (FAQ)
What is CoinCall and what does it offer?
CoinCall is a cryptocurrency exchange that specializes in options and futures trading. It provides a user-friendly platform for traders to speculate on the price movement of various cryptocurrencies.
CoinCall offers a wide range of features, including low trading fees, maximum leverage options, a comprehensive security system, automated trading APIs, portfolio tracking tools, and analysis of market trends.
The platform caters to both retail and professional users, aiming to be a comprehensive and reliable platform for traders of all levels.
How does options trading work on CoinCall?
Options trading on CoinCall allows investors to speculate on the price movement of cryptocurrencies without owning the underlying asset. Traders can purchase options contracts, which give them the right to buy or sell cryptocurrencies at a predetermined price within a specified timeframe.
By accurately predicting price movements, traders can profit from both upward and downward trends. CoinCall provides a user-friendly interface where traders can easily select their desired options contracts, set strike prices, and choose expiration dates.
It offers a variety of options trading strategies to suit different investment objectives and risk appetites.
What are the benefits of trading options on CoinCall?
Trading options on CoinCall offers several advantages. Firstly, options trading provides flexibility by allowing investors to profit from both rising and falling cryptocurrency prices. This versatility adds a layer of protection against potential losses and enhances risk management capabilities.
Additionally, CoinCall offers maximum leverage options, enabling traders to control larger positions in the market with a smaller investment, amplifying their potential returns. The platform also stands out for its low trading fees, making it cost-effective for traders to execute their strategies.
With its user-friendly interface, comprehensive security measures, and a team of experienced traders, CoinCall provides a reliable and accessible platform for investors to engage in options trading.
How does CoinCall ensure the security of user funds?
CoinCall prioritizes the security of users’ assets and implements robust measures to ensure their protection. The exchange has an all-star risk control team composed of experts from traditional financial institutions like JPMorgan and top crypto-native institutions.
Additionally, CoinCall provides an insurance fund from day one to cover potential deficits, ensuring that winning traders receive their full payout and preventing losing traders from being in debt.
To further enhance security, CoinCall fully supports Copper Custody + Clear Loop, which allows institutional funds to be held by a trusted third party instead of being stored directly on the exchange. This approach fundamentally avoids counterparty risk on the exchange side.
How does CoinCall compare to other options trading platforms?
CoinCall differentiates itself from other options trading platforms in several ways. Firstly, it offers a user-friendly interface that resembles traditional trading platforms, making it easier for both beginners and experienced traders to navigate and execute trades seamlessly.
CoinCall also sets itself apart with its low trading fees, allowing users to optimize their profits and keep more of their earnings.
Furthermore, the platform provides a comprehensive suite of features, including portfolio performance tracking, automated trading APIs, and analysis of market trends.
Its focus on options and structured products, coupled with its commitment to security and customer support, positions CoinCall as a reliable and accessible platform for traders of all levels.
What is the Early Bird Program and how can I participate?
CoinCall’s Early Bird Program is designed to reward early adopters and provide them with exclusive benefits. By participating in the program, users gain access to free Options contracts, reduced trading fees, priority customer support, and the opportunity to shape the direction of the exchange through feedback.
To participate, users can sign up for an account here and follow the instructions provided to join the Early Bird Program. This program allows early adopters to experience the platform’s evolution firsthand while enjoying additional perks and playing a role in its ongoing development.
What is the minimum deposit required to start trading on the platform?
CoinCall does not impose a minimum deposit requirement, allowing users the flexibility to start trading without any predetermined minimum amount.
Whether you are a beginner looking to make a small investment or an experienced trader with larger funds, CoinCall accommodates users of all levels by removing any barriers related to minimum deposits.
Does the platform offer any resources or tools for automating trades based on user-defined strategies or algorithms?
Yes, CoinCall offers resources and tools for automating trades based on user-defined strategies or algorithms. Traders have the free choice of REST and WebSocket modes, providing flexibility in accessing and utilizing the platform’s functionalities.
CoinCall also provides K-lines, Index, Orderbook, and other market data that can be easily downloaded with just a click.
Moreover, the platform offers customized services specifically tailored for institutional customers and VIPs, enabling them to optimize their trading strategies and automate trades efficiently based on their specific requirements and preferences.
What are the commission fees for trading options on CoinCall?
CoinCall aims to provide a cost-effective trading experience for its users and offers one of the best trading fees in the industry. The maker and taker fees are 0.02% and 0.06% respectively on the futures market. When trading options, these fees are 0.03% and 0.04%.
This fee structure allows traders to optimize their profits and keep more of their earnings. With these low trading fees on CoinCall, users can focus on their trading strategies and take advantage of market opportunities without worrying about high costs.
Who are the team members behind CoinCall?
CoinCall is founded by a team of experienced traders with extensive backgrounds in some of the world’s top exchanges and market makers. This team includes individuals from prominent institutions such as Binance, JP Morgan, Optiver, and UBS.
Notably, they previously founded one of the top proprietary trading teams globally, achieving the remarkable accomplishment of ranking #1 on Binance’s total PnL leaderboard in both 2020 and 2021.
Currently, they manage a crypto trading desk with over $300 million in assets under management (AUM), employing multiple proprietary trading strategies such as high-frequency trading (HFT), market making (MM), commodity trading advisor (CTA), and arbitrage (Arbs).
The team’s expertise and successful track record contribute to CoinCall’s position as a reliable and innovative platform in the cryptocurrency trading landscape.
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With over four years of specialized work experience in the crypto space, Dirk has gained significant expertise in producing written content for the Web3 ecosystem.
Dirk earned his Master's in Strategic Management from the renowned Erasmus University in Rotterdam, where he graduated with cum laude distinction. This academic background equips him with a unique blend of strategic thinking and analytical skills, which he successfully applies to navigate the world of blockchain technologies.
With over four years of specialized work experience in the crypto space, Dirk has gained significant expertise in producing written content for the Web3 ecosystem.
Dirk earned his Master's in Strategic Management from the renowned Erasmus University in Rotterdam, where he graduated with cum laude distinction. This academic background equips him with a unique blend of strategic thinking and analytical skills, which he successfully applies to navigate the world of blockchain technologies.