Trading Terminal Deal Types

Gainium's cutting-edge trading platform provides its users a unique and customizable experience. With an array of versatile tools and features, Gainium ensures traders have access to the best resources to maximize their gains. This article will delve into the platform's three core trading terminal types: Simple, Smart, and Import. Understanding these options will help you make informed decisions when executing trades, whether you're a novice or a seasoned trader. Let's get started!

Simple

The Simple trading terminal is designed for traders who prefer a straightforward, hassle-free experience. This option allows users to execute buy or sell orders without creating an open order (i.e., tracking the profit or loss on that order). It's perfect for those who want to make quick decisions and act on market movements with minimal configuration. Key features of the Simple trading terminal include:

• Instant buy or sell orders
• No open-order creation
• Ideal for fast-paced trading

Examples of scenarios where you may want to choose simple trade:

• Swapping tokens, for example, between stablecoins
• Taking profit from long-term holdings
• In general, any transaction that you don't need to keep track of

Smart

The Smart trade terminal type is an excellent choice for traders seeking more advanced features and customization. This terminal type allows users to create open orders with optional take profit, stop loss, and Dollar Cost Averaging (DCA) settings. This flexibility enables traders to optimize their strategies and manage risk more effectively. The Smart trading terminal boasts the following features:

• Open order creation, tracking profit and a host of other performance metrics
• Customizable take profit, stop loss, and DCA settings
• Enhanced control over trading strategies
• Suitable for intermediate to advanced traders

Examples of scenarios where you may want to choose smart trade:

• Trades that you plan to close (meaning, sell back the token if going long or buy back the token if going short)
• Preserving the value of your portfolio by going short on your assets before a downturn and repurchasing them at a lower price
• Buying tokens for long-term holding, if you want to keep track of the average buy price

Import

Lastly, the Import trading terminal type caters to users who have executed trades outside of Gainium but want to manage their positions within the platform. This option allows traders to import their existing trades, while also providing the flexibility to set optional take profit, stop loss, and DCA settings. The Import trading terminal is perfect for traders who want to consolidate and streamline their trading experience. Key benefits of the Import trading terminal include:

• Create an open order by importing trades executed outside Gainium
• Customizable take profit, stop loss, and DCA settings
• Unifying trade management within the Gainium platform
• Suitable for traders migrating from other platforms

Examples of scenarios where you may want to choose import trade:

• Trades that you plan to close, but were opened directly on the exchange or another trading platform
• Creating partial take profit trades from your long-term holdings

Gainium's three trading terminal types cater to a wide range of trading styles and preferences. By understanding the features and benefits of the Simple, Smart, and Import types, you can make informed decisions and optimize your trading experience. Whether seeking a streamlined and straightforward approach or requiring advanced customization and control, Gainium's trading terminals have got you covered.