Friday, October 18

Deepcoin, a pioneering derivative cryptocurrency exchange known for its commitment to innovation and user-centric solutions, has unveiled its groundbreaking feature called “Drawing Order.” This new feature reinforces Deepcoin’s status as a trailblazer in the digital asset market, providing traders with a unique advantage in designing and executing their trading strategies.

The “Drawing Order” feature introduces a novel approach to trading by allowing users to incorporate hand-drawn elements for precise market order execution.

Through an intuitive interface, traders can sketch out segments, trend lines, or rays that serve as conditions for triggering market orders when the latest price intersects with these drawn elements.

This innovation introduces an entirely new dimension to crypto trading, enabling users to take advantage of price trends and fluctuations while implementing their trading ideas with exceptional precision.

Ego Huang, the CEO of Deepcoin, noted that it underscores their dedication to innovation. He highlighted how the “Drawing Order” feature empowers traders to seize opportunities more precisely and confidently.

Key highlights of the “Drawing Order” feature include:

  • Strategic Visualization: Traders can visually create and customize drawn elements, allowing them to precisely outline conditions for market orders based on trendlines and price patterns.
  • Enhanced Trading Strategy: By connecting high and low points on candlestick charts, traders can identify potential reversals or significant price movements, aiding more informed trading decisions.
  • Competitive Edge: Deepcoin distinguishes itself as an industry leader by offering drawing elements as triggering conditions for market orders, setting a new standard for innovative trading tools.
  • User-Friendly: Deepcoin provides clear instructions for using drawing elements and creating line drawing commissions/alerts, making the feature accessible to traders of all levels.

Deepcoin remains dedicated to shaping the future of digital asset trading through innovations like the ‘Drawing Order’ feature, while maintaining a strong focus on user success.

This groundbreaking addition further solidifies Deepcoin’s position as a trailblazer in the digital asset market, underlining its commitment to innovation and empowering users.

Read Also: 59% Crypto Users Are Interested In AI advancements For Blockchain and Crypto Trading

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R Shah is a journalist and writer based out of Delhi, India. She is an Economics graduate from Delhi University. She can be reached at R.Shah@alexablockchain.com.

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