Many experts predict that BTC price will surge in recent and it did rise nearly 10%, expecting to break through the $4000 mark. In fact, unlike stocks and fund, information in the cryptocurrency market is transparent. Many advanced traders will tend to trade cryptocurrency futures and get more profits through high leverage. Futures contracts trading has been very popular a long time ago when investors are not satisfied with BTC spot trading’s one-way profit and return on investment. Therefore, many advanced investors or traders start trading crypto futures.
How to Choose A Good Cryptocurrency Futures Exchange
Most cryptocurrency futures exchanges are very similar in selling points, including high leverage, cold wallet, both rising and falling are profitable and more. But we all know that the so-called selling points are useless. Besides security and reliability, spread-free cryptocurrency futures exchange is recommended.
What is Spread?
Spreads are simple in cryptocurrency futures market. For instance, when you want to short BTC, the bid price is always higher than the actual price you opened the order at; if you want to long BTC, the price is always lower than the current price. The result is that when you open a position, you are already losing money. At this time, counting in the transaction fee charged by the cryptocurrency exchange, it is very difficult for you to win money. The future of the futures exchange platform will be a bit bad, but the basic exchange will not explain the reasons for this. Many large cryptocurrency futures exchanges do have spread setting, which will not tell their users.
Here recommend a spread-free futures exchange – Bexplus.
Bexplus exchange is a popular and reliable cryptocurrency futures exchange with no spread. In 2017, Bexplus founded its headquarter in Hong Kong and established offices in U.S, Australia, Russia, Brazil and India in 2018. Bexplus app for Android and iOS are available to users from 36 countries worldwide and support 21 languages. It’s also reported by Nasdaq that Bexplus has completed 10,000,000 financing.
In Bexplus, you can invest BTC, ETH and LTC perpetual contracts with up to 100x leverage. For instance, you can use 1 BTC to short (predict it is going to drop) or long (predict it is going to rise) BTC and open a 100 BTC position with the help of 100x leverage. Besides, you can set stop-loss and stop-profit to control the risks.
New upgraded Bonus Activity: Deposit Activity to Earn 100% BTC Cashback
To deposit BTC in the Bexplus account, you can earn a 100% BTC bonus, which can also be used to trade futures contracts. The more deposit, the more bonus you will get. You can get up to 10 BTC as a bonus!
Read more: https://www.bexplus.com/en/cash_back
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