Efficient Risk Management Tools for Crypto Trading

Efficient Risk Management Tools for Crypto Trading

Cryptocurrencies are here to stay. That’s almost a fact of life. The cryptocurrency markets create opportunities and wealth, and they get you excited, but they also let agony sear through you, especially without efficient risk management tools.

A couple of years ago, cryptocurrency markets witnessed a bull run that lasted until January 2018. Both pros and inexperienced traders were caught by surprise with the deep and violent corrections that followed. And suffered losses of around 80% and sometimes up to 95% that year. It’s 2021 now. And the history repeats itself (although not quite in the same magnitude). Within ten days, call it even two weeks, BTC, ETH and co. lost almost half of their value. And investors are in search of who or what is to blame.

There is a company located by the lake of Zurich, in Switzerland, that has created a cryptocurrency trading platform which, in the hands of both, the veteran professional trader and the less experienced amateur investor, has the tools to navigate such market rollercoasters.

QoinIQ: Revolutionizing Crypto Trading for All

QoinIQ was founded in January 2020 by a small team of financial experts with over a century of combined experience in investment banking, derivative product structuring, algorithmic trading, and crypto arbitrage. They identified gaps in existing trading platforms, which lacked the depth and features needed for efficient, effortless trading. This led to the creation of QoinSuit, a crypto trading platform designed for both professional and amateur traders. QoinSuit is built on the belief that everyone should have access to premium financial services and wealth-building opportunities, with cryptocurrencies being at the core of this revolution. Developed by traders for traders, QoinSuit aims to set the standard for efficiency, speed, and user-friendliness.

QoinSuit: Advanced Tools for Efficient Risk Management

In search of who or what to blame for these corrections, both back in 2018, as well as the current one, the lack of tools to perform efficient risk management ranks very high on the list. QoinSuit’s creators packed it with features that are not being offered by other crypto-trading platforms, to address exactly that caveat.

QoinSuit’s innovations support process streamlining and efficient risk management. These include a decentralized order management system where the order book resides on its own servers. The platform also offers broad market overview capabilities, enabling cross-market trading or arbitrage. Additionally, it provides conditional order types that go beyond simple limit orders, such as “stop loss,” “take profit,” and “trailing stop” modifications. These features address the shortcomings of traditional order types, which often fall short during periods of high volatility.

The 2018 and 2021 corrections? Case in point! The platform supports multi-book trading; you will exercise control over order management of spot crypto rates, futures and options, simultaneously. And, if you are active in the field of high-frequency trading, QoinIQ will introduce a unique scalper book.

Advanced Trade Tracking & Custom Layouts

And what features does QoinSuit demonstrate? Well, for starters, a horizontal book, a core function of the platform. It displays trends, tickers and time stamps for thirty last trades, use of the deep book for additional trades’ tracking, quick dispatch of market orders (single or multiple) to the exchange, or allows for direct order entry via the tool itself. With a mouse click… A real-time display of the position and aggregate P&L sums up the picture.

The orders window allows you to track both filled and pending orders. You can easily modify the parameters of pending orders and recall any transaction from the order history. Follow all your selected cryptos across exchanges with real-time data analysis. You can also configure your watchlist as needed. The portfolio window lets you track filled orders, including price, volume, and realized P&L (both intraday and total). It shows position sizes and balances, and also helps you design and implement position strategies using conditional orders, whether partial or full.

There are vertical books, chart graphs with technical analysis tools a toolbar for quick access to key features and the ability to customize the entire platform layout. Not to mention that QoinSuit may be viewed in a single display or, if a trader prefers to keep an eye on much more data, uninterrupted, the system supports the use of multi screen displays. Or several chart graphs in a single monitor. Or in as many as a trader can arrange within a person’s field of vision…

ICO & IEO to Fund QoinSuit’s Growth

QoinIQ has already launched an ICO in Switzerland with Altcoinomy (www. https://onboarding.altcoinomy.com/intro?icos=qiq) ending on June 30th and an IEO in Korea with Probit (https://www.probit.com/en-us/ieo/qiq-round1/1) ending on June 22nd, to raise funds for further development of QoinSuit, creation of an opinion crowdsourcing tool and a dedicated trading tool for crypto derivatives.

With QoinSuit’s capabilities, a trader could afford spending time away from the terminals and avoid riding the market rollercoaster. Happy fishing, golfing or cooking! Again..

Visit qoiniq.com for more information and play with qoinsuit.com to experience its power.

2 Comments

  1. Cryptocurrency is a decentralised, encrypted virtual currency confirmed in public record or ledger and transferred between companions or peers. The term given to this process is known as mining. If we specifically talk about working of bitcoin, then it is known as bitcoin mining.

  2. 🚀QoinlQ🚀 X1000

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