Cryptocurrencies rarely stay put. Their price can soar double-digit percentage within one day or get cut in half within hours. After going down for several days and fell below the 100-day moving average, the price of bitcoin finally saw a boost – then a sell-off happened and pushed the price below $43,600.
The pump and dump were all to do with litecoin. Due to a piece of fake news that the retailer Walmart would begin to accept cryptocurrency on all of its e-commerce websites, the price of litecoin (LTC) rose to more than $237. Such great news injected confidence into investors’ hearts that cryptocurrencies are getting more recognition. Benefiting from the newfound confidence, bitcoin gained almost 10%. But the news was soon proven to be fake and the bursting of hope drove bitcoin’s price down to a much lower level, almost breaking the $43,000 support.
Bitcoin goes up and goes down. We all know before investing in it that this game is not for the faint of heart. But being on the roller-coaster ride is surely stressful and could make us feel very doubtful: should I sell now and buy back at a lower price? Should I buy the dip when I don’t know if it is the dip? Well, if you want to free yourself from such questions and hodl, an interest-bearing wallet could be the right tool for you.
Bexplus Exchange has launched an interest wallet for traders to hedge against risks. Deposit in the wallet and you can earn up to 21% annualized interest.Interest is calculated on a daily basis, and there is no lock-in date. You can withdraw cash at any time.
Bexplus is a leading cryptocurrency exchange offering 100x leverage futures trading on a variety of trading pairs – BTC, ETH, ADA, DOGE, XRP, etc. Deposit in Bexplus doesn’t require a deposit fee and KYC.
What Bexplus interest wallet offers
Independence: the wallet is independent of the trading account, so the deposits would not be used as margin, nor would it be influenced if your positions got liquidated. Transfer between trading account and wallet is instant.
High Security: the platform uses multiple signature access, and all funds transferred from cold storage to hot wallets are manually processed and require multiple staff to coordinate.
No Penalties for Early Withdrawal: withdrawal requests will be processed within 1 day with no penalties for early withdrawal. If you withdraw your deposit on the tenth day of the month, you can still receive the interests generated within this period.
No KYC Requirements: all registrations on Bexplus are done via email verification. You don’t have to worry about getting your information leaked.
Bexplus wallet is the perfect place for you to earn passive income while holding. Just ignore the wild price swings and hold tight of your wealth!
Bexplus provides users with a 100% bonus for every deposit. For example, if you deposit 1BTC in the wallet, you will get 2BTC. Remind it that bonuses cannot be withdrawn and can only be used as margin, but profits can be withdrawn.