Hong Kong-SnapEx, a new cryptocurrency contract trading platform has just launched a web trader and offering 50% off its transaction fees until further notice.
Contract trading – a financial instrument that allows traders to profit from market movements without owning the trading asset – is relatively new in the crypto market. There are only a few platforms offering crypto contract trading and are mostly catered for experienced traders. SnapEx, on the other hand, is created for the every day trader – making it an ideal option for everyone from first-time to seasoned traders.
Unlike other contract trading platforms, the digital asset prices on SnapEx are far more stable – achieved by using a K-line weighted average drawn from 4 major crypto exchanges. There is also zero platform spread which minimizes slippages.
Users can trade contracts on SnapEx from as low as 5 USDT and leverage as high as 100x. The low entry bar into contract trading on SnapEx aims to attract both crypto and non-crypto traders while encouraging greater adoption of the blockchain industry.
Ee Wui Yang, the CMO of SnapEx, said,
“We created SnapEx for everyone, no matter your age, gender or trading expertise. In fact, we’ve made it as easy as possible for even novice users to trade easily on our platform. We have lots of plans to roll-out in the near future, and we can’t wait to share the news with all of you.”
With the official launch of SnapEx web trader, users can choose to trade using the app, web trader or both. Those who prefer trading exclusively on a PC or laptop can now trade easily from their desktops.
SnapEx web trader features an integrated trading view, industrial grade charts,