Press Release

Coincall: An Emerging and Rapidly Growing Cryptocurrency Derivatives Exchange

coincall

Paid for by Coincall

Jul 11, 2024

This paid press release is provided by Coincall and was not written by CoinDesk. CoinDesk does not endorse and is not responsible or liable for this content. This press release should not be viewed as part of CoinDesk’s independent news, analysis, research or opinion pieces.

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Rapid Growth

Coincall, a newly established cryptocurrency exchange, has quickly attracted significant attention by focusing on agile product development and innovative user services. It addresses challenges in options trading and prioritizes user experience to offer a seamless derivatives trading experience:

  • Entrusting 100% of user funds to third-party institutions for maximum security.
  • Creating a user-friendly interface with dual versions for both beginners and experts.
  • Collaborating with global professional traders and scholars to establish an Options Academy, hold regular seminars, and publish industry research reports.
  • Developing unique products like no-liquidation futures.

Coincall has brought new energy to the crypto derivatives market. Over the past year, as Coincall has been getting started, it has registered over 200,000 users and built a community of more than 100,000 members across 10+ countries.

The World's Largest Altcoin Trading Market

While continuously optimizing the trading process, identifying user needs, and refining its products, Coincall discovered the potential of the altcoin trading market. The future of the cryptocurrency industry has arrived, and as the market evolves, the spotlight will not only be on BTC or ETH. The burgeoning altcoin market is increasingly attracting attention, and Coincall has astutely recognized the need for comprehensive derivatives trading services for altcoins. In its first year of building, Coincall has listed 15 altcoins, including SOL, KAS, ORDI, and TON, becoming the largest altcoin trading platform in the current cryptocurrency market. Not only does Coincall offer the most diverse range of altcoin options, but it also boasts the highest comprehensive trading volume for altcoin options. Achieving the status of “the world’s largest altcoin options exchange” is a milestone Coincall has reached through relentless effort. Looking ahead, Coincall will continue to uphold this achievement, contributing to the future of the cryptocurrency derivatives market.

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The 1st Anniversary Celebration

To celebrate its anniversary, Coincall is hosting an event that runs until the end of July, featuring millions in token airdrop rewards. Users who register and verify their accounts on the Coincall platform will receive these rewards. Additionally, those participating in daily trading check-ins can earn even more rewards. Coincall will also conduct giveaways on social media and within its community to express gratitude for users' support.

Future Prospects

The Coincall team is confident in the future development of the cryptocurrency derivatives market, particularly in options trading. As a crucial component of traditional finance, options often surpass contracts and spot trading in volume. In 2021, retail investor participation in the options market grew by over 35% compared to 2020, accounting for more than 25% of the total options market volume. In the cryptocurrency sector, options trading remains an innovative concept with minimal retail investor participation. The Coincall team believes that in the next five years, the cryptocurrency options trading market will grow at least twentyfold.

Forging Ahead with Exploration and Enhancing the Ecosystem

Coincall is committed to technological innovation and service optimization to embrace the evolving cryptocurrency future. Upcoming plans include introducing block trading and a capital-protected investment product with a 20% annual yield. In collaboration with Sofa Finance, Coincall will offer simple financial management features and diversified investment options.

"The future of cryptocurrency is full of limitless possibilities. Coincall will maintain an open and cooperative attitude, working with industry players to promote progress and development. We believe that swift action, breaking conventions, and relentless innovation will lead the cryptocurrency market towards a brighter future," stated Coincall’s CEO.

As a promising newcomer, Coincall aims to elevate industry standards with secure, professional trading services. Future plans include global expansion, enhancing technological R&D, and increasing market investment. Coincall seeks partnerships with leading tech companies, financial institutions, and academic experts to explore innovative applications and cooperation models. Dedicated to innovation and exceptional service, Coincall strives to build a transparent, efficient, and secure digital financial ecosystem.

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