Decentralized App development on Tezos for beginners part 1

The series will cover all the essential ideas you need to know about the Dapps development based on Tezos Blockchain system.

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Make the switch to DueDEX now to experience the best risk management solution

DueDEX launched its market-leading risk management solution called the Risk Manager recently. This is the first crypto derivatives exchange to integrate such comprehensive and easy to use risk management module in their product. As a new exchange launched Q3 in 2019, DueDEX leveraged a unique game plan in the competitive crypto derivatives trading market. Compared to its competitors who are still trying to add more excitement to this already risky game by providing higher leverage or adding more manipulated coin, DueDEX focused on how to help traders manage the risk.

Compared to the traditional trading market, the crypto trading market is more versatile and unstable since its 24*7 and without proper supervision. With a leverage which can usually reach as high as 100X, crypto derivatives trading is faced with even higher risk. Without a proper risk management strategy, it’s easy to lose all your funds in a minute during market pumps and dumps. We admit that this is the most attractive beauty of crypto derivatives trading, but still, a suitable risk management solution should be provided to traders to prevent the unbearable loss.

DueDEX’s Risk Manager is an intuitive and easy to use module to help traders precisely deploy their stop loss and take profit strategy with a one-click setting. Traders can set comprehensive risk-relevant factors including:

1. Take Profit Percentage

2. Stop Loss Percentage

3. Quantity of the order based on the risk level

Traders have a chance to visualize their risk preference, preview these risk-relevant factors before actually place the order.

DueDEX- Risk Manager

I understood that selecting a trading platform is a complex process and traders will take different factors into consideration before making moves. But I do suggest traders to take a look at DueDEX. Not only because they are bringing this good risk management tool to traders, but it also proves that DueDEX is a platform that really cares about its users. Labeling itself as a fair and transparent platform, DueDEX has made great progress since product launch in regards to product development and optimization. Unlike its competitors who have put all efforts in marketing and promotion while product stands still, DueDEX targets all its resources on user experience and services. This is the right attitude of a product-centric team and this is a team that traders can trust.

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