【BITNEXTofficial】About the trading tools that come standard with BITNEXT

What tools do you usually use when trading?

BITNEXT is operated with the desire to provide a platform that helps cryptocurrency derivative traders around the world.

Out of this belief, we are focusing on realizing an environment where traders can trade easily, and a providing a trading tool is one of our initiatizes.

BITNEXT already comes with many trading tools

We pride ourselves on features that are not installed on other trading platforms. For further details, check this article.

List of BITNEXT's main trading trading tool

We will introduct the trading tools we have at BITNEXT

Trading tools are meant to support traders' trading

We have prepared informations that would make trading easier!

BITNEXT's three main trading tools are as follows.

  1. Integrated Board
  2. LS ratio
  3. Trading notification sound

There's most likely a lot of traders already using tools.BITNEXTはこれらの3つのツールを全て取り揃えています!

BITNEXT hosts all three of these tools!

What is Integrated Board?

A plate that visualizes the limit of how to buy and sell and the status of orders is called a board

Normally this is different for each the cryptocurrency exchangeBITNEXTではBITNEXT collects and displays multiple exchanges' board information

Since cryptocurrency exchanges do not have a centralized rate management mechanism, it is necessary to check the rates of multiple exchanges.

Normally, it is necessary to monitor the board, open interest ratio, and contract information of multiple cryptocurrency exchanges, but with our UI, it is possible to check the necessary information all at once.

 

Changing the number in the upper left changes the price range, and you can choose as you like, such as checking with a large price range or a small price range.

You can check the board information on 5 cryptocurrency exchanges: BITNEXT, Binance, FTX, Bybit, BitMEX

By looking at the board, it becomes easy to understand the balance of supply and demand If there is a large order above the current price, it can be analyzed that there is a high chance that the upper price will be a heavy expansion.
However, make sure to note that it only represents the current situation and does not guarantee future price movements.

What is LS ratio?

This is a tool that allows you to check the ratio of "buy (long)" and "sell (short" of the market

If the LS ratio is leaning to one side, it is possible to analyze from the postion point of view rather than from a chart.

If the volume decreases with the LS ratio leaning to one side, it may move unisiderarily greatly, and it looks simple at first glance, but it is an important indicator when estimating the market price.

Trading notification sound

It is a tool that allows you to check the number of order on each exchnage simulataneously BITNEXT allows you to check the order volume of each currency onnBinance, FTX, Huobi, OKEx, and Bybit

Since you check the trend of the order volume in seconds, it is a must-have tool for those who perform scalping transactions

When a large order enters in a short period of time, the market is likely to move, and it is easy to get on the trend by using Trading notification sound that senses it!

You can change the time in the upper left of the banner, and you can decide the frequency at which the graph updates
Feel free to check It out at your convenience

Binance

Long

Sell

Bybit

Long

Sell

MEX

Long

Sell

FTX

Long

Sell

Huobi

Long

Sell

OKEx

Long

Sell


APIs

BITNEXT has a variety of APIs that are required to carry out BOT transactions

You can check it out here!(https://bit-next.com/ApiDocument)

In additon, BITNEXT boasts the lowest trading fees in the industry, and the environment is ideal for trading, making it a perfect exchange platform for Botter

Summary

We introduced BITNEXT trading tools

BITNEXT's transaction fees as well as the return rate is the lowest in the industry!

It is a customer-first exchange, so try it out for yourself.

You can open a free account from the form below

If you open an account now, you will receive $20 worth of BTC.