Introduction:
Pi42 Exchange is revolutionizing the world of cryptocurrency trading with its innovative approach to Crypto-INR perpetual futures. With its cutting-edge technology and unparalleled security measures, Pi42 Exchange is setting the stage for a new era of digital asset trading.
Perpetual futures trading has gained immense popularity in recent years due to its unique features and advantages. Unlike traditional futures contracts, perpetual futures have no expiry date, allowing traders to hold positions indefinitely. This flexibility offers traders the opportunity to take advantage of market movements in real-time without the constraints imposed by traditional futures contracts.
Pi42 Exchange distinguishes itself from other platforms by offering perpetual futures trading specifically for the Crypto-INR pair. This pairing allows Indian traders to conveniently trade popular cryptocurrencies like Bitcoin and Ethereum directly with the Indian Rupee (INR). This eliminates the need for traders to convert their INR into other currencies, reducing transaction costs and increasing convenience.
One of the key benefits of trading perpetual futures on Pi42 Exchange is the leverage it provides. Leverage allows traders to amplify their positions and potentially increase their profits. Pi42 Exchange offers leverage of up to 20x, giving traders the opportunity to magnify their gains. However, it is important to note that leverage also carries risks, and traders should exercise caution and use appropriate risk management strategies.
Security is a top priority at Pi42 Exchange. The platform utilizes advanced security measures to safeguard user funds and personal information. All user funds are stored in cold wallets, which are offline and inaccessible to hackers. Additionally, Pi42 Exchange employs robust encryption protocols to ensure the privacy and security of user data.
Pi42 Exchange also boasts a user-friendly trading interface, designed to cater to both beginners and experienced traders. The platform offers a wide range of trading tools and features, including intuitive charts, real-time market data, and customizable trading settings. Traders can easily navigate the platform and execute trades with ease, regardless of their level of expertise.
To further enhance the trading experience, Pi42 Exchange provides 24/7 customer support. The dedicated support team is readily available to assist users with any queries or issues they may encounter. Whether it’s a minor technical glitch or a complex trading strategy, traders can rely on Pi42 Exchange’s responsive and knowledgeable support team for timely assistance.
What is Pi42 Exchange?
Pi42 Exchange is India’s first Crypto-INR perpetual futures exchange. It was founded by Nischal Shetty, the founder of WazirX, and Avinash Shekhar, a former CEO of Zebpay. Pi42 aims to become the largest compliant crypto futures platform in the world.
The exchange provides secure INR-based trading with maximum leverage, and its mission is driven by a focus on innovation and financial integrity. The name Pi42 signifies the interplay of strategic thinking and analytical insights needed to master the crypto markets
Key Features of Pi42 Exchange
There are several reasons why you might consider trading at Pi42 Exchange:
India’s First Crypto-INR Perpetual Futures Exchange: Pi42 Exchange is the first platform in India to offer perpetual futures trading with Indian Rupee (INR) as the base currency.
N0 30% FLAT TAX & NO 1% TDS on Future Trade : Crypto Futures does not qualify as VDA under Section 2(47A) of Income Tax Act.
Secure and Compliant: Pi42 Exchange has a strong focus on security and compliance. They follow stringent security measures and have implemented advanced security protocols to protect user funds and ensure a safe trading environment.
High Leverage: Pi42 Exchange offers high leverage for traders, allowing them to amplify their potential profits. This can be advantageous for experienced traders looking to maximize their returns.
Innovative Features and Tools: Pi42 Exchange provides innovative features and tools to enhance the trading experience. They offer advanced charting tools, real-time market data, and various order types to help traders execute their strategies effectively.
Competitive Fees: Pi42 Exchange offers competitive and transparent fee structures for trading. By avoiding hidden fees or excessive charges, they aim to provide a cost-effective trading experience.
Industry Expertise: Pi42 Exchange was founded by industry experts who have a deep understanding of the crypto markets. Their expertise and insights can help traders stay ahead of market trends and make informed trading decisions.
It’s important to consider your individual trading needs and preferences when choosing a crypto exchange. Conducting thorough research and comparing different platforms can help you make an informed decision.
How to Make Money on Pi42 Exchange?
To earn from Pi42 Exchange, you can engage in trading activities on their platform. Here are the steps to start trading on Pi42 Exchange:
Sign up on Pi42 Exchange: Visit the Pi42 Exchange website and create an account by providing the necessary details and completing the registration process.
Deposit Funds: Once your account is set up, deposit funds into your Pi42 Exchange account. You can deposit cryptocurrencies or Indian Rupees (INR) depending on the available options on the platform.
Choose a Trading Pair: Select a trading pair that you want to trade. Pi42 Exchange offers a variety of cryptocurrency-INR perpetual futures trading pairs, allowing you to trade different cryptocurrencies against INR.
Place Trades: Use the trading interface provided by Pi42 Exchange to place buy or sell orders based on your trading strategy. You can choose between different order types, set stop-loss and take-profit levels, and manage your positions.
Monitor and Manage Trades: Keep an eye on your trades and manage them as needed. Pi42 Exchange provides real-time market data and advanced charting tools to help you analyse the market and make informed trading decisions.
Close Trades and Withdraw Profits: Once your trades are profitable, you can choose to close them and withdraw your profits. Pi42 Exchange allows you to withdraw funds directly to your bank account or your external cryptocurrency wallet.
It’s important to note that trading involves risks, and it’s recommended to have a good understanding of trading concepts and strategies before engaging in trading activities. Additionally, it’s advisable to start with small amounts and gradually increases your exposure as you gain experience and confidence in your trading skills.
Please conduct thorough research and familiarize yourself with the platform’s terms, fees, and features before starting to trade on Pi42 Exchange.
Conclusion:
Pi42 Exchange has unlocked the realm of Crypto-INR perpetual futures trading, offering individuals in India a secure and efficient platform to engage in this exciting market. Through its advanced features, comprehensive security measures, and commitment to regulatory compliance, Pi42 Exchange has established itself as a game-changer in the cryptocurrency industry.
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn’t represent any investment advice, We reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
