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This video provides an overview of Extended, a decentralized exchange that allows for trading various crypto assets with leverage of up to 100x. The presenter discusses the unique features of Extended, including a points program linked with token generation events (TGE), which may offer potential airdrops to users. Viewers learn about the three methods to earn points—trading, depositing assets in the vault, and referring others. The video emphasizes the platform's competitive advantages such as low fees, high leverage opportunities on certain trading pairs, and performance metrics like liquidation price and APR. Furthermore, users are encouraged to practice caution, conduct their own research, and consider using supported wallets. The presenter hints at strategies for maximizing points and profits through trading volume and exploring niche assets, while maintaining a focus on the unique aspects that set Extended apart from other exchanges.Key Information
- The video discusses the extended platform, a decentralized exchange that allows trading of various crypto assets with high leverage options up to 100x.
- A points program exists on the platform that rewards users for trading, depositing funds, and referring others, leading to potential airdrops upon token release.
- There are three ways to accumulate points: trading, vault deposits, and referrals, with a focus on trading volume for maximizing points.
- Users can deposit funds with wallets like MetaMask and have options for leveraging trades significantly higher than many other exchanges.
- The platform also allows users to earn additional points just for holding cash within the vault and facilitates quick trading.
- Currently, ongoing promotions for points distribution indicate potential significant value for points based on expected future platform valuations.
- The creator encourages viewers to research before participating and emphasizes the risks associated with crypto trading.
Timeline Analysis
Content Keywords
Extended
Extended is a decentralized exchange known for allowing trading of different crypto assets with high leverage, up to 50x or even 100x. The platform has a points program which can lead to earning rewards, including points for trading, using the vault, and referring users.
Airdrop
Airdrops are planned for when the tokens are released. Users can accumulate points for trading and also participate in events that reward points. The points earned can be significant, particularly around the time of Token Generation Events (TGE).
Leverage Trading
Extended offers users the capability to leverage their trades significantly, allowing up to 100x leverage on specific assets like Euro/USD pairs. This can be advantageous for both new and seasoned traders.
Crypto Market
The crypto market is continually evolving, with various assets available that feature different leverage ratios. The dynamics of trading various assets can provide users with unique opportunities based on market conditions.
Vault
The vault feature on Extended enables users to deposit funds and potentially earn additional points just for holding cash. Providing liquidity and trading can also enhance earnings on the platform.
Funding Discrepancies
Traders can earn by exploiting funding discrepancies between different exchanges. Engaging in delta-neutral strategies can generate additional income.
Points Calculation
The video discusses how to maximize points through trading volume and managing crypto assets effectively. It highlights the importance of researching the value of points and different trading strategies.
Market Comparison
The video advises on comparing markets and understanding open interest to optimize trading strategies. Referrals are also highlighted as a way to earn additional points.
Trading Volume
Maximizing trading volume on Extended can lead to earning more points. Presenting various assets, the platform rewards users for higher trading activity.
Risk Management
Risk management strategies such as setting stop losses and taking profits at predetermined levels are discussed to enhance trading success on extended.
Related questions&answers
What is Extended?
How can I earn points on Extended?
What are the risks of trading on Extended?
What is an airdrop?
What do I need to start trading on Extended?
Can I trade on other networks?
What leverage options are available?
How does the points system work?
Is there a minimum amount required to start trading?
What is the vault feature?
What is the funding rate?
How do I track my performance?
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