We’re pleased to introduce the Derivatives Live P&L Banner feature in the Crypto.com Exchange, which enables traders to review and capture their achievements in a fun and easily shareable way.
Traders can easily generate a banner with a few clicks. The banners feature their live P&Ls according to their Futures and Perpetual positions (of the underlying asset) They can then share the banner on social media and invite friends to trade, as the post will also include their Referral Code.
The visual changes according to the percentage gain.
|20-100%||Bar of Gold|
|<0%||Disappearing Sad Face|
How do derivatives work?
A derivative is a contract between two parties that is based on the value of an underlying asset. Common types of derivatives include futures, options, forwards, and perpetual swaps. Perpetual swaps enable traders to buy or sell the value of their ‘assets’, whereby the underlying asset itself is never traded, allowing them to better manage risk. Unlike futures and options, perpetual swaps do not expire or have a settlement date, and users can hold their positions for as long as needed.
Crypto.com Exchange users need to complete Advanced level verification to use Derivatives Trading. Citizens or residents of the excluded jurisdictions listed here are unable to use our Derivatives services at this time.
Important Note on Derivatives Trading
You must seek professional advice regarding your particular situation before conducting derivatives trading. The risk of loss can be substantial. You may lose all or more than the Virtual Assets when trading. You may be called upon at short notice to make additional Virtual Asset contributions. If you do not make such contributions within the prescribed time, your Virtual Assets may be lost without further notice to you. You should therefore carefully consider whether such arrangements are suitable for you in light of your investment objectives, financial circumstances, your tolerance to risks and your investment experience. You should be capable of bearing a full loss of the amounts invested as a result of or in connection with any order and any additional loss over and above the initial amounts invested that may become due and owing by you. In considering whether to trade or invest, or use any derivative trading facility or other service, you should inform yourself and be aware of the risks generally, and in particular should note the specific risk factors which may apply.