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Enhance Your Trading Efficiency with Margex’s New Multi-Chart and Simultaneous Pair Viewing Features

CryptoNewsCryptoNews2024/08/28 10:57
By:Jose AquinoDassos Troullides
Last updated:
August 28, 2024 05:38 EDT
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content

Margex, a leading crypto derivatives exchange, just released its latest updates on its trading platform—multi-chart trading and simultaneous pair viewing.

These new features are designed to give traders more flexibility while providing a more optimal way of analyzing live prices. With more options for monitoring active crypto positions and price movements, the Margex platform has opened up better trading opportunities for its members.

Here’s a closer look at these exciting new features and how they can help elevate your trading experience at Margex.

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How Does Multi-Chart Functionality Improve Market Analysis?

Many crypto trading strategies rely on comparing and contrasting the price action of multiple pairs at a time. Margex’s latest multi-chart feature makes these strategies available to the platform’s traders. Up to 4 crypto assets can be monitored and traded on a single screen.

The exchange’s multiple-charting capability can help improve market analysis, especially when used together with Margex’s advanced trading features. This lets traders track essential indicators such as momentum, price floors, and critical trends of multiple cryptocurrencies simultaneously. The new streamlined interface also increases performance and convenience since traders no longer need to switch between tabs.

What is Margex’s Simultaneous Pair Viewing Feature?

Margex’s new simultaneous pair viewing functionality allows users to compare different trading pairs side by side. Investors with diversified portfolios can take advantage of this new feature since they usually open and observe multiple crypto prices in a single session.

Speed and efficiency are crucial when it comes to high-leverage trading, so being able to analyze pairs simultaneously gives Margex traders a competitive edge.

Furthermore, traders can more effectively map out correlations, opportunities, and potential hedging plays when viewing multiple pairs at once. Since this feature is highly customizable, users can rearrange the trading interface to best suit their preferences.

The platform offers seven pair-viewing layouts, ranging from horizontal to vertical displays. Users can maximize these layouts by displaying them on multiple computer monitors so that more than four crypto pairs can be viewed simultaneously.

How to Maximize Your Trading Strategies on Margex

To make the most out of these latest Margex platform updates, we’ve created a step-by-step guide to help you get started. This can help significantly improve your trading strategies and output.

  1. Define your trading strategy: First, develop a trading strategy that best utilizes the new multi-charting and simultaneous pair viewing features. Trend following, swing trading, and hedging are some popular strategies.
  2. Open multi-chart mode: In the Margex trading interface, find the “Select Layout” icon near the top-right of the screen. Choose from several multi-chart options for viewing two, three, and four pairs simultaneously.
  3. Customize workspace: Traders can also hide the Order Form on the left panel to create more space for their charts. The bottom active orders tab may also be minimized for the same purpose.
  4. Enable advanced indicators: Each chart can be individually customized with advanced trading tools. Indicators like RSI, VWAP, and moving averages can be toggled to analyze each crypto pair’s price movements better.

Why These Updates Make Margex the Go-To Option in 2024

When it comes to crypto derivatives trading, Margex’s multi-charting and simultaneous pair viewing functions help traders be more productive with their trading positions. These latest features, combined with the platform’s 100x leverage and highly customizable trading tools, allow for greater control and flexibility.

Investors always look for ways to make their trades and market analyses more efficient. 2024’s fast-paced market of crypto derivatives trading, any advantage is welcome. With over 30 listed coins, Margex continues to provide its most powerful tools so that its users can capitalize on daily crypto market opportunities.

Conclusion

Margex’s newest multi-chart and simultaneous pair viewing capabilities are more than quality-of-life updates. They help traders analyze the crypto market more precisely while opening up new trading strategies and opportunities.

The new features show how dedicated Margex is to providing the most user-centric trading platform that gives its traders the best chances in today’s crypto trading environment.

Don’t miss the opportunity to enhance your trading experience with Margex’s latest updates, and check out the crypto derivatives exchange today.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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