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Maxbid Pro: The Future of Decentralized Leverage Trading for Meme Coins

Bitcoinist
by Bitcoinist
Last Updated: December 2, 2024 7:36 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In crypto, decentralization is everything. It’s what makes blockchain special—transparent, secure, and controlled by users, not middlemen. But when it comes to trading, many people still rely on centralized exchanges (CEXs) or off-chain platforms, which defeats the purpose of crypto. These platforms can freeze your funds, shut down at any moment, or manipulate prices behind the scenes.

With on-chain trading, none of that is possible. Your trades are visible, your funds are in your control, and everything works as it should. This is where Maxbid Pro comes in.

What is Maxbid Pro?

Maxbid Pro is a decentralized leverage trading platform. It allows traders to borrow extra funds from smart contracts to make bigger trades, all while keeping full ownership of their tokens.

This is different from most trading platforms that use “derivatives,” where you’re just betting on whether the price goes up or down. With Maxbid Pro, when you borrow funds to trade, you’re buying the actual token—like SOL or any other supported crypto. That means your trade shows up directly on-chain, and you fully own the token.

Here’s a simple example:

  • Let’s say you have 10 SOL.
  • You use Maxbid Pro to open a long position with 4x leverage.
  • This means you borrow 30 SOL from the smart contract to trade with a total of 40 SOL.
  • Your 40 SOL trade is executed immediately, and you own the tokens, not just a bet on their price.

You can see this trade on blockchain tools like DEXscreener or Solscan, and the tokens will show up in your wallet after you close the position or repay it. 

Why every meme coin trader need Maxbid Pro?

Meme coins are famous for their explosive growth. It’s not uncommon to see a coin skyrocket by 10x, 20x, or even more. However, these gains usually require taking some risks. That’s where leverage trading comes in.

With Maxbid Pro, you can increase your positions in meme coins you believe in without needing a huge amount of starting capital. Instead of risking everything on risky new launches, you can focus on popular meme coins with strong communities and reputations, like CHILLGUY, WIF or RETARDIO, and scale up your trades confidently.

For example, if a meme coin is performing well but you only have a small amount of capital, using Maxbid Pro allows you to make the most of your conviction without putting all your money into risky plays.

Maxbid Pro VS CEX

The biggest difference between Maxbid Pro and centralized platforms is decentralization.

With centralized exchanges, you’re trusting a third party to manage your funds, execute trades, and stay honest. But if they freeze withdrawals, manipulate prices, or get hacked, there’s nothing you can do.

Maxbid Pro works entirely on-chain. It’s non-custodial (you keep control of your funds) and permissionless (anyone can use it). There’s no company holding your assets, no hidden switches, and no way to manipulate your trades. Everything happens transparently on the blockchain, just like it’s supposed to in crypto.

How to trade memes with leverage and win?

Unlike traditional platforms that profit when traders lose, Maxbid Pro has a different model. The platform is designed to thrive when traders succeed. The borrowed funds come from liquidity pools supported by other users (lenders and stakers), and these pools grow stronger as trading activity increases.

This creates a win-win environment:

  • Traders can borrow and trade confidently.
  • Lenders and stakers earn rewards from supporting the liquidity pools.

How to get started:

Step 1: Connect your wallet

  • To start trading, visit Maxbid Pro’s platform and connect your crypto wallet.
  • Make sure your wallet is funded with SOL to cover your trades and network fees.

Step 2: Choose Your Meme Coin

  • Once your wallet is connected, browse the list of supported meme coins on the Trade section.
  • Look for coins with strong communities, rising holder counts, or trending narratives.

Step 3: Set Your Leverage

  • Maxbid Pro lets you trade with leverage, meaning you can borrow additional capital to increase your position.
  • Choose your leverage carefully. Beginners may want to start with lower leverage (e.g., 2x), while experienced traders might go up to 5x or more.
  • Use Maxbid Pro’s calculator to see the potential impact of your leverage before confirming the trade.

Example:

  • You have 10 SOL in your wallet and set 4x leverage.
  • Maxbid Pro will lend you an additional 30 SOL, allowing you to buy 40 SOL worth of $RETARDIO.

Step 4: Confirm Your Trade

  • Review your trade details, including the amount, leverage, and fees.
  • The transaction will execute directly on-chain, and you can track your trade performance on DEX tools like Dexscreener and Solscan.

Example: After opening your 40 SOL position, you can monitor price changes. If $RETARDIO increases by 10%, your gains will be based on the 40 SOL position, not just your initial 10 SOL.

Step 5: Manage Your Position

Keep an eye on market movements and your position. Turn on Telegram notifications to stay updated on your trades.

Step 6: Close Your Position

Once you’re ready to take profits or cut losses, you can close your position at any time. Choose your strategy based on your risk tolerance and market conditions.

  • Long-term Strategy: If you’re confident in the meme coin’s future, you can hold your position through dips and market fluctuations, waiting for bigger price movements. This works well with coins that have strong communities, high marketcap or growing narratives.
  • Short-term Strategy: If you’re looking for quicker gains, you can trade smaller-cap meme coins and take profits as the price rises, closing your position after achieving smaller, more frequent wins.

Don’t Forget Repayment

Maxbid Pro allows you to borrow funds to trade, and it’s crucial to repay your loan to avoid liquidation. Keep an eye on your position’s health and make sure you have enough capital in your wallet to repay your position partially or completely if needed.

If your position goes against you and the value drops significantly, Maxbid Pro will allow you to repay the borrowed funds to avoid liquidation, which can happen if your position drops below the determined threshold.

Meme coins have grown beyond just a trend—they’re now a key part of the crypto ecosystem. As this space continues to expand, Maxbid Pro is here to make trading easier, safer, and more transparent. 

With leverage, Maxbid Pro gives you the power to size up your conviction plays. Whether you’re betting on established meme coins or looking for hidden gems, Maxbid Pro lets you take bigger positions and maximize your returns.

In a bull run, having the right strategy is everything—whether it’s holding strong on your favorite memes for the long haul or making quick moves on high-potential coins. With Maxbid Pro, you have the best tools to capitalize on these opportunities, all while trading in a decentralized and transparent environment.


For additional information and to learn more, please visit:
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Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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