What is Extended?
Extended is a cutting-edge decentralized perpetuals exchange built to deliver the speed and user experience of centralized exchanges while preserving the transparency, security, and self-custody principles that define decentralized finance.
Key features of Extended include:
- Perpetual contracts on tokens and traditional financial assets including metals and foreign exchange (FX)
- Leverage options up to 50x
- Low-latency trading performance
- Complete on-chain transparency
What is a Perpetuals Exchange?
A perpetuals exchange is a specialized trading platform that facilitates trading of perpetual futures contracts—derivative instruments that track the price of an underlying asset without having an expiration date. This sets them apart from traditional futures contracts, which must be settled by a specific date.
Key benefits of perpetual contracts:
- Indefinite position holding: Unlike traditional futures, traders can maintain their positions for as long as they wish, provided they have sufficient margin to cover potential losses.
- Flexible trading strategies: These contracts enable both speculative trading (betting on price direction) and hedging strategies (protecting existing positions from adverse price movements).
- Leverage trading: Traders can amplify their market exposure using borrowed capital, potentially increasing both profits and losses.
How to use Extended with Ready Wallet
- Go to https://app.extended.exchange/
- Click on
start tradingand connect Ready Wallet - Deposit to fund your account
- You can now trade crypto, FX and precious metals
Points
Extended operates a Points Program that rewards users for platform engagement. Users can earn points through three main activities:
- Trading – Earn points through organic trading activity on the platform
- Providing liquidity – Deposit funds into the vault or provide tight liquidity in relevant markets
- Referring – Earn a share of points generated by your referrals, with additional benefits for affiliates
