Pi42, India’s leading crypto futures trading platform, has recently released major upgrades to enhance user experience and flexibility. This comprehensive article analyzes the latest updates on Pi42’s crypto-INR futures trading platform.
If you want to know and understand a step by step guide to trade Crypto-INR on Pi42 platform click here for our guide.
Improved Risk Management for Disciplined Trading
Risk management is crucial for profitable and sustainable crypto futures trading. Without appropriate risk mitigation measures, the high volatility of crypto assets can lead to severe losses and missed opportunities.
Pi42 has introduced two powerful features to simplify advanced risk management:
| Feature | Description | Impact |
|---|---|---|
| Take Profit/Stop Loss | Set take profit and stop loss orders directly from open positions | Traders can predefine profit goals and loss limits for positions as per their strategy |
| Margin Reduction | Option to reduce margin from open positions in one tap | Efficient margin adjustment to allocate capital for other opportunities |
As evident from the table above, these valuable additions give traders more control and flexibility in managing their positions. Over 90% of active traders on Pi42 leverage these advanced risk management capabilities for disciplined trading.
Appropriate stop loss and take profit levels based on trading style and risk appetite are crucial. Pi42 allows traders to set these in advance through OCO (One Cancels the Other) orders. Over 85% of traders on Pi42 use OCO orders for prudent risk management.
Margin reduction enables efficient capital usage by freeing up margin from open positions for other opportunities. This is especially useful in volatile markets with high margin requirements. Around 80% of active Pi42 traders regularly reduce margins from positions using the one-tap feature.
Enhanced Trading Analysis for Insights
Efficient technical and fundamental analysis is key to identifying statistically profitable trading opportunities. Pi42 has upgraded its integrated TradingView charts for deeper analysis:
- Persistent TradingView chart setups and analyses saved within the app
- Advanced technical indicators like Fibonacci retracements, MACD, RSI etc
- Long-term and intraday timeframes from 1 minute to 1 month
This eliminates the need to rebuild analyses every session. Over 75% of traders rely on Pi42’s embedded TradingView charts for analysis and execution through one seamless platform.
Pi42 has also integrated key fundamental data points within the trading interface for informed decisions:
- Real-time prices, volumes, open interest
- Historical price charts
- Watchlists
- News feeds, social sentiment
- On-chain data like transactions, fees, active addresses
Combining technical and fundamental analyses leads to higher profitability as evident from top traders. Over 65% of profitable traders on Pi42 use both analyses approaches as per platform data.
Community-Driven Development for User Empowerment
Pi42 upholds a customer-centric approach with new features added based on user feedback through surveys, interviews and community forums.
This latest upgrade aims to unlock traders’ full potential through:
- Flexible risk management tools
- Seamless analysis
- Efficient trading flows
- Personalized dashboards
Pi42 has established itself as India’s most reliable crypto futures platform. Over 85% of active Pi42 traders are satisfied with their overall experience, the highest for any Indian crypto exchange as per user rating platforms.
With robust risk capabilities, integrated analytics and community-focused development, Pi42 continues to push boundaries in Indian crypto trading by putting users first. The platform upholds transparency and customer empowerment as core values for sustainable growth.
FAQs
What are the new risk management features?
Pi42 has introduced Take Profit/Stop Loss orders and one-tap Margin Reduction to give traders more control over their positions. This enables predefining profit goals and loss limits as per trading strategy.
How can traders benefit from persistent TradingView charts?
The upgrade saves TradingView chart setups and analyses within Pi42 to eliminate rebuilding them every session. This makes market analysis more efficient.
What key fundamental data is integrated for informed decisions?
Pi42 has integrated real-time prices, volumes, open interest along with historical charts, news feeds, on-chain data and more within its trading interface for data-driven decisions.
What percentage of traders use OCO orders for risk management?
Over 85% of Pi42 traders leverage One Cancels the Other orders to appropriately place stop losses and take profits for disciplined trading.
How has Pi42 focused on customer-centric development?
Pi42 adds new features based on user feedback from surveys, interviews and community engagement. This latest upgrade improves risk management, analysis and trading flows to unlock traders’ potential as per their needs.
