To enhance real-time futures trading, crypto exchange MEXC has introduced the second-level K-line function.
The latest function will incorporate the one-second time period, given that the K-line chart usually accounts for minutes, hours, days, weeks, and months as time frames. Per the announcement:
“The second-level K-line introduced by MEXC takes into account “1-second” increments as the time period to generate a single candle chart, which reflects the transaction information in a more timely and intuitive manner, such as the current price, transaction volume, and market depth.”
Since futures are financial derivative contracts that obligate parties to buy or sell an asset at a predetermined future date and price, MEXC seeks to be the first cryptocurrency platform to enhance real-time trading in this market through the second-level K-line function.
MEXC added:
“The launch of the second-level K-line can meet the…