Business News Report
August 16, 2023

Deepcoin Boosts Crypto Trading with Drawing Order Feature

In Brief

Deepcoin, a cryptocurrency exchange, has introduced the Drawing Order feature, a novel tool in the crypto trading arena.

The feature enables traders to incorporate hand-drawn elements into their trading strategies, an unprecedented offering in the exchange landscape.

Deepcoin Boosts Crypto Trading with Drawing Order Feature

Cryptocurrency exchange Deepcoin has introduced a Drawing Order feature, which aims to empower users to integrate hand-drawn elements into their trading strategies, something no exchange has done before.

According to the company, the innovation marks a significant step forward in improving crypto trading.

The new feature i.e. Drawing Order, adds a layer of strategic visualization to trading. Through the platform’s interface, traders can chart out and customize trend lines and segments that serve as triggers for executing orders. 

The company asserts that the new tool allows more informed buying and selling decisions, as well as enhanced identification of potential price movements.

“Deepcoin has always been committed to empowering our users with cutting-edge tools that enhance their trading experience. The Drawing Order feature empowers traders to seize opportunities with greater precision and confidence,”

said Ego Huang, the CEO of Deepcoin, in a written statement.

Deepcoin aims to solidify its position as an industry leader with the pioneering feature of introducing drawing elements as triggers for market orders. The company asserts that the platform commits to user-friendly solutions and innovation and ensures accessibility for traders of varying skill levels.

The exchange was also the first to introduce the concept of Proof of Withdrawal in November 2022. Through a competition hosted by Deepcoin, users were rewarded based on their withdrawal transaction in the hash value.

Established in 2018 by industry veterans and former executives, Deepcoin boasts over 3 million users in 30 countries and a trading volume surpassing $1 trillion. The platform allows global fiat deposits for cryptocurrency purchases, offering spot trading, perpetual contracts, and DeFi management savings. 

But other trading platforms are not behind. ATPBot recently introduced a user-friendly automated bot for cryptocurrency trading catering to novice and experienced traders. By utilizing AI, the bot creates and executes quantitative trading strategies focused on efficiency and stability for cryptocurrency investors.

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.

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Agne Cimerman
Agne Cimerman

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.

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