Derivatives — Crypto’s New Growth Engine
The crypto derivatives sector continues to demonstrate significant strength in 2020. According to TokenInsight’s recent cryptocurrency derivatives exchange industry report, trading volumes are seeing a 166% year-on-year increase compared to Q2 2019.
TokenInsight conducted an analysis of top global derivatives exchanges, screening 40+ exchanges and conducting an in-depth analysis on the largest 14, including Huobi, Binance, Okex, BitMEX, Bybit and ZBG.
The report says:
“In the second quarter of 2020, TokenInsight calculated based on 42 exchanges that the trading volume of the cryptocurrency derivatives market was $2.159 trillion, with an increase of 2.57% from the previous quarter and a year-on-year increase of 165.56% from the second quarter of 2019.”
Derivatives market is concentrated on 3 main currencies (BTC, ETH and EOS) and few large exchanges — but this might change
Competition in the crypto derivatives market is set to become even “more intense” according to the authors of a recent report by TokenInsight. Some key emerging derivatives exchanges (such as Bybit and ZBG) have a high volume, and expect a positive potential development trend.
As a subsidiary of ZB.com, ZBG Exchange fills the gap of ZB.com in the derivatives market.
The report says:
“ZBG is another emerging exchange that has made significant headway, again by offering a helping hand to novice traders, in this case in the form of user education. With 2.5 million site visits a month recording an average session length of 15 minutes, ZBG’s upskilling strategy appears to be paying off. In Q2 2020, ZBG transaction volume increased 11.1 times from the first quarter of 2020.”
“Platform and products, not the details such as handling fees, are the first issues that big customers will consider. The good reputation and complete product functions are the core competitiveness of an exchange.”
For more details about ZBG Perpetual Contract, please click here.
Since ZBG has set up by ZB Group in July 2018. ZBG is always operating on the frontier of crypto assets trading in Asian markets and can be accessed by worldwide investors.
In March 2020, ZBG launched the perpetual contract trading function to move towards cryptocurrency derivatives markets.
As the above table shows, ZBG perpetual contract trading not only excel other similar rivals on the anti-manipulation mechanism and safe liquidation but also have advantages on its all-round features:
1. Demo trail funds without limitations
2. Trade as fast as you can click
Enjoy immediate execution of your market orders
3. Fast learning community
ZBG interactive community of millions of users and free 50,000,000 trial funds will help investors learn the basics.
4. 7*24 hours at your service
5. Fiat gate
Users can deposit fiat money (RMB, USDT, HKD, VND) to ZBG account directly.
6. Trading calculator feature — to preview potential profits and losses
7. Yield sharing
8. Incentive activity
9. Price and real-time market alerts
10. Multiple languages support