Bitcoin Has Fluctuated Sharply Recently: the Best Moment to Use Leverage Trading
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
The crypto globe experienced a sharp fall and rapid ascent for the tensions between Russia and Ukraine. Just in two days, the Bitcoin price fell from $39K to $34K, and then rose back to 39K, fluctuating over 20% back and forth. If you hold the Bitcoin spot, you can't get any profit in this volatility. If you hold it from the ATH of $68K in November last year to now, your assets have shrunk by 44%.
However, if you use 100 times leveraged futures trading, you can make profits regardless of whether bitcoin goes up or down and multiply your profits by 100 times. If you could predict the market trend yesterday, you would have achieved an ROI of than 2000% in the volatility. All of the savvy investors tend to opt for 100 times leveraged trading. That’s why leveraged trading has caught on.
How 100x Leverage Works?
With 100x leverage applied, traders can use 1 BTC to open a position of 100 BTC by going long (predicting BTC price will be up) or going short (predicting BTC price will be down). If we use 1 BTC to open a short contract at the price of $39,000 and close it when Bitcoin is trading at $34,000, our profit will be ($39,000 - $34,000) * 100 BTC / $34,000 = 14.7 BTC, making the ROI of 1470%.
Recommended 100x Leverage Trading Platform
Bexplus is a leading crypto derivatives trading platform offering 100x leverage futures trading on various trading pairs: BTC, ETH, ADA, DOGE, XRP, etc. Bexplus doesn’t require KYC and is popular among over one million traders from over 200 countries/regions. In addition, it is safe for being accredited by MSB (Money Services Business).
Other Remarkable Benefits
Bexplus offers 100% bonus for every deposit, with which you can open bigger positions and gain more profits. Deposit 1 BTC and you will get 2 BTC credited to your account. Every user can get up to 10 BTC for each deposit. (Bonuses are not withdrawable, the profit obtained with the bonus can be withdrawn.)
When you are not trading, you can transfer your BTC to the interest-bearing wallet and enjoy up to 21% annualized interest without any risks, which is no doubt one of the most profitable rates in the industry.
With a copy-trade system provided by Bexplus, you can automatically copy other excellent traders' trading. It can be a really valuable portfolio for those who are just starting out in trading, or those who don’t want to dedicate a huge amount of time to managing their trades.
A Demo Account with 10 BTC
A demo account with 10 replenishable BTC offered by Bexplus can help you better familiarize with leveraged trading and practice trading without taking any risks. You can also learn to analyze the market and use the tool-kit with the demo account.
24/7 Withdrawal and 24/7 Customer Support
You can submit a withdrawal request anytime you want and have your deposits back in as fast as 30 minutes during work hours. If you encounter any problems, you can contact customer support via different channels like e-mail and live chat.
With the Bexplus App, you can manage your account and trade anywhere and anytime you want. It also integrates other tools like real-time charts, news alerts, etc., which are going to be your capable assistants in trading. Download the Bexplus APP on the Apple Store and Google Play.