After a correction in the past few days, the price of Bitcoin is consolidating and could move up soon. The crypto market in general has gone wild, hitting a $1.1 trillion market cap before dropping to $930 billion.
Bitcoin’s high volatility has made a comeback and presents more opportunities for traders to make profits. Taking advantage of price swings and leverage offered by brokers, traders can generate returns of 100% or even 1,000% with the right moves.
It’s important to point out only traders who know what they are doing can get to these returns consistently.
To help traders earn more crypto, leading crypto derivatives exchange Bexplus has launched a 100% deposit bonus promotion to every trader. If you deposit 1 BTC, 2 BTC will be credited to your account. Every user can get up to 10 BTC for each deposit.
How Does Leveraged Trading Work?
Assume we use 1 BTC to open a long contract when Bitcoin is trading at $10,000. With 100x leverage, we can increase our position so that 1 BTC can open a contract worth 100 BTC.
One day later, the price of Bitcoin increase to $10,500.The profit will be ($10,500 – $10,000) * 100 BTC/$10,500 *100% = 4.76 BTC, making the ROI 476%.
Now, with Bexplus’ 100% bonus, our initial investment would be 2 BTC, and our realized profit made with these 2 BTC will be 9.52 BTC, and the ROI will also be doubled to 952%.
With leverage, it’s important to be vigilant, as returns can be outstanding, but liquidations are easier if the price moves down.
Why choose Bexplus?
Bexplus is a leading crypto derivatives platform offering 100x leverage in BTC, ETH, EOS, LTC, and XRP futures contracts. Headquartered in Hong Kong, Bexplus is trusted by over 100,000 traders around the world, including the USA, Japan, Korea, and Iran.
No KYC, no deposit fee. Traders can receive the most attentive services, including 24/7 customer support.
- No KYC
No KYC protocol is strictly carried out throughout every process. Registration only requires email confirmation and only takes a minute. Bexplus provides services to traders from 30+ countries, including the USA, Japan, Korea, and Iran.
- Demo account with 10 BTC
To help traders better familiarize themselves with leveraged trading, Bexplus has launched a trading simulator. There are 10 replenishable BTC in the demo account for traders to practice as much as they like, without taking any risks. You can also learn to analyze the market and use the tool-kit with the demo account.
- 24/7 withdrawals and 24/7 customer support
You can submit a withdrawal request anytime you want. You can have your deposits back in as fast as 30 minutes during work hours. If you encounter any problems when using Bexplus, you can contact customer support via different channels, such as e-mail and live chat.
- BTC wallet: up to 30% annualized interest without trading
If you want to take a short break from trading, the Bexplus BTC wallet can help you generate juicy profit without trading. With up to 30% APY, it is no doubt one of the most profitable rates in the industry. While most lending platforms require traders to deposit at least 1 BTC, traders can make a deposit starting from 0.05 BTC on Bexplus.
What can I do with the bonus?
The bonus is not withdrawable, but traders can use it as a margin to open bigger positions and take more profit. Profit made with the bonus is withdrawable. Besides, with a bigger margin, traders’ positions are less likely to get liquidated when there are huge price swings.
You might miss the opportunity to buy cheap Bitcoin, but you can still make handsome profits with the revival of Bitcoin. If you are prepared to accumulate more BTC, join Bexplus and claim your bonus now!
Meanwhile, if you want to improve your trading skills, pls feel free to contact our analyst telegram ：https://t.me/Bexplus_Geoff
Follow Bexplus on:
Apple App Store: https://itunes.apple.com/app/id1442189260?mt=8
Google Play: https://play.google.com/store/apps/details?id=com.lingxi.bexplus
Disclaimer: The information presented here does not constitute investment advice or an offer to invest. The statements, views, and opinions expressed in this article are solely those of the author/company and do not represent those of Bitcoinist. We strongly advise our readers to DYOR before investing in any cryptocurrency, blockchain project, or ICO, particularly those that guarantee profits. Furthermore, Bitcoinist does not guarantee or imply that the cryptocurrencies or projects published are legal in any specific reader’s location. It is the reader’s responsibility to know the laws regarding cryptocurrencies and ICOs in his or her country.