DueDEX Risk Manager™ Makes Crypto Derivatives Safer for Traders of any Caliber » NullTX

The trading of cryptocurrencies can be an extremely lucrative venture when done correctly. Managing one’s risks at a trader is an absolute must. The DueDEX Risk Manager is a powerful ally when exploring cryptocurrency markets.

Risk Exposure in Derivatives Trading

Engaging in the trading of Bitcoin and altcoins can turn out to be very profitable. That is, assuming one can analyze markets, make well-informed decisions, and reap the benefits. For both novice and experienced traders, there will always be pitfalls to watch out for. These pitfalls can make the difference between pocketing a profit or piling up losses.

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Gaining more exposure to Bitcoin and altcoins can be achieved through leverage products. These investment options are tied to the underpinning price of a cryptocurrency asset. Rather than buying Bitcoin or an altcoin itself, traders are “betting” on which direction the market will move in.

With leverage comes potential increases in profits and losses alike. Many trading platforms allow for more risk exposure through leveraged trading. Diving in head-first without ample preparation or knowledge is asking for trouble, however. 

DueDEX CEO Bo Wang agrees and states:

“This is exactly what the industry needs – more products to help users manage risk.”

Managing risks is not only a good idea, but it is also an absolute necessity for traders of any caliber. As appealing as leveraged gains may seem, the leveraged losses have the potential to destroy one’s portfolio in quick succession. 

DueDEX Risk Manager to the Rescue

Protecting traders from overexposing themselves to risks is a core feature of the DueDEX Risk Manager. This tool provides everything one needs in the form of a convenient user interface. It is through this interface that traders will become used to leveraged products and learn to build a profitable trading strategy.

Several unique features are part of the DueDEX Risk Manager solution. First of all, there is the “One…

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