Bitcoin has reached its 2019 maximum of $14,000 in July, and since that experiencing stagnation. Many investors expected bitcoin to grow to new highs soon, but since July bitcoin been fluctuating at around $9,000-12,000, trading at around $10,000 several weeks in August, and recently has just returning its gains: some prominent investors are expecting bitcoin to start its new rally soon. Anyway, future is unknown, and investors who’d like to gain profits in the short term, are increasingly turning to margin trading.
Established in 2017 Hong Kong-based Bexplus is an advanced platform for crypto margin trading, particularly bitcoin. The core feature of margin trading is the possibility of obtaining significant profits even when small price fluctuations occur. The availability of leverage allows you to open high volume transactions by investing only small amount of asset (Bexplus offers 100x leverage, which means you need just 0.1 BTC to open 10 BTC position). Of course, along with long positions, you can also open short ones, earning money both on prices rises and downs. Besides Bitcoin, ETH, LTC, XRP and EOS are also available for investors to trade.
Advantages of Bexplus over competitors:
100x leverage and the ability to open short positions for bitcoin
For example, let’s say you want to buy 1 BTC for $10,000 price. To open such a deal on the stock exchange, you will need to pay $10,000. If bitcoin’s price rises by 1%, it means that 1 BTC’s price $10,100 now. If you decide to sell them to get your profit, you would receive $100 from an initial investment of $10,000.
Now let’s compare this with the 100x leverage on Bexplus. Here you will only need to pay 1% to open the same transaction, which means $100 (0.01 BTC) to open a position with 1 BTC. If Bitcoin’s price rises by 1%, you will still get the same profit of $100, but at a significantly reduced cost.
Long (buy/up) or short (sell/down) positions
In addition to price increases, traders can also profit from the crypto asset by betting on it when the price goes down. Investors can open a long or short position and trade with the market trend in Bexplus, instead of sitting back and waiting for the next market rally. All open positions are perpetual: the platform cannot close a position just because it has been open for too long.
Margin trading traditionally carries natural risks. Develop an effective risk management strategy using Bexplus tools such as stop-loss order.
Simplicity and mobility: install Bexplus app on your smartphone
Bexplus is one of the most beginner-friendly platforms on the market: hone your skills in a trading simulator, where you have 10 BTC for trading, read articles on trading and tips in the Bexplus encyclopedia.
The world of cryptocurrency trading is available directly from your smartphone: investors can install Bexplus application for iOS and Android. The good-looking mobile app actually is a full-fledged trading tool.
Bexplus Wallet: get annualized interest by making deposit
Built-in BTC Wallet allows investors gain annualized interest by making deposits: the rate varies between 18-30% depending on the amount of your deposit. The payments are settled monthly, and it allowed to withdraw funds at any time.
A variety of bonuses: get a 100% deposit bonus
Bexplus offers a variety of bonuses for users: for example, now each user can receive a 100% bonus for deposits of any amount. For example, if you deposit your account with 1 BTC, you will receive 2 BTC in total. All profits made with the bonus can be withdrawn from the platform.
Bexplus is a cryptocurrency derivatives trading platform established in November 2017 and registered in England and Wales. It is headquartered in Hong Kong and has offices worldwide. Currently, the products on the platform include BTC/USDT, ETH/USDT, XRP/USDT, LTC/USDT and EOS/USDT perpetual contracts.
Start gaining your profits with Bexplus today:
- Website: www.bexplus.com
- Facebook: https://www.facebook.com/Bexplusglobal/
- Telegram: https://t.me/bexplusexchange
- Twitter: https://twitter.com/BexplusExchange