Trade DeFi Like A Pro with Kattana
Kattana is a professional trading terminal that aims to capture the modern developments of cryptocurrency. Their mission is to provide an enhanced trading experience to traders covering all cryptocurrency markets.
Kattana has recognised what issues work well and what don’t, in both DeFi and CeFi, in the creation of their platform. The simple aim is by bridging the gap between DeFi and CeFi, a one stop shop is formed including the best facets of both areas. Kattana has already market tested the platform behind the scenes, saving years of development and are now ready for deployment. The release of an innovative trading terminal to rule is upon us!
Kattana will offer the opportunity to trade over 40 DEXs in real time, eliminating the disruption of locating contact addresses or DEXs from various sources. The fully integrated service from Kattana for technical analysis, portfolio management, trading strategy automation and aggregated news sources. This will be backed by a robust command centre.
Kattana will be providing probably the most sought after feature in trading DeFi that is currently excluded in advanced order types:
Types of Orders
DeFi is moving at breakneck speed. The innovation happening is amazing, however traders are frustrated at the current basic options available to trade such great projects. DEXs only have simple market orders at present and these types of orders are very unhelpful when projects are doing multiple price rises in a short space of time. Many traders sell too early or too late, as they don’t have the order options available that a CEX would provide. This is about to change!
The Kattana terminal offers 3 types of limit orders that is going to feel like a dream for traders of DEXs. These are:
Limit Market Orders
These conditional orders allow the trader to set price orders for when the market reaches the limit where the asset is traded at the desired price. This order guarantees orders being filled at the trader’s desired price, while minimising risk in relation to the probability of outcomes.
Limit Order
Limit Orders are also conditional orders. These allow the trader to set orders at a price that is no higher or lower than specified. These orders protect traders from buying a high price or selling too low, which is easily done in such volatile markets. Arbitrage traders will benefit the most from this.
CE-DE Limit Order
A centralised / decentralised limit order allows the trader to possibility to trade an asset on a centralised exchange without having to make an actual deposit to that exchange! This concept supports traders that are looking to trade quickly.
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