The cryptocurrency market saw a sharp drop and a rapid rise amid tensions between Russia and Ukraine. In just two days, the price of Bitcoin (BTC) rose from 39,000 USD to 34,000 and then rose to the level of 39,000, thus fluctuating by more than 20%. If you hold Bitcoin placeyou will not be able to profit from this volatility. If you first bought the first cryptocurrency when it hit its all-time high of around $68,000 in November last year, now your assets are down 44%.
However, if you are doing trade 100:1 leveraged futures, you can make profit no matter bitcoin goes up or down and multiply your profit by 100. If you could predict the market trend yesterday, you would have achieved an ROI of more than 2000% in price in volatile conditions. All savvy investors tend to opt for the trade leveraged 100:1. This is why the trade leverage has gained momentum.
How does leverage work?
With 100:1 leverage applied, traders can use 1 bitcoin to open a position of 100 BTC by making a long (predict Bitcoin price rise) or a short (predict the fall in Bitcoin price).
If we take 1 BTC to open a short contract at the price of 39,000 USD and close it when Bitcoin is trading at 34,000 USD, the profit will be (39,000 – 34,000) USD * 100 BTC / 34,000 USD = 14 .7 BTC, thus obtaining the ROI of 1470%.
Platform of trade leveraged x100 recommended
Bexplus is a major platform for trade crypto derivatives offering 100:1 leveraged futures on various currency pairs trade : BTC, ETH, ADA, DOGE, XRP, etc.
Bexplus does not require Know Your Customer (KYC) procedures, being very popular among over 1 million traders from over 200 countries or regions. Moreover, it is surely accredited by MSB (Money Services Business).
Other Notable Benefits
100% deposit bonus
Bexplus offers a 100% bonus for each deposit, thanks to which you can open bigger positions and have more profits. Deposit 1 BTC and you will get 2 BTC credited to your account. Each user can get up to 10 BTC for each deposit. (Bonus are not withdrawable, but the profit obtained with the bonus can be withdrawn.)
Bexplus BTC Wallet
When you’re not trading, you can transfer your bitcoins to the interest-bearing wallet and earn annualized interest of up to 21% risk-free, which is arguably one of the most profitable rates in the industry.
System of copy trade
With a system of copy trade provided by Bexplus, you can automatically copy the trade other excellent traders. This function will especially prove useful for those who are taking their first steps in the field of trade or those who don’t want to spend a lot of time managing their transactions.
A demo account with 10 BTC
A demo account with 10 renewable BTC offered by Bexplus can help you get better acquainted with the trade leverage and train without taking risks. You can also learn how to analyze the market and use the toolkit with the demo account.
Withdrawal and 24/7 customer service
You can submit a withdrawal request at any time and get your deposits back in just 30 minutes during working hours. If you have any issues, you can contact customer service via different channels like email or live chat.
With the Bexplus app, you can manage your account and trade anywhere and anytime. It also integrates other tools such as real-time charts, news alerts, etc., which are going to be your friendly assistants in the trade. Download the Bexplus app from Apple Store and Google Play.
Sign up at Bexplus and get a 100% deposit bonus now!
Warning: This article is promotional content and does not constitute investment advice. Do your own research and only invest the money you can afford to lose.