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Bexplus Analysts – Bitcoin Course Prediction for the 2nd Quarter of 2019

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During a solid upward move last week, Bitcoin gained some 5% to rocket over the $4000 mark, but dropped suddenly yesterday, falling back to $3800. The sudden slump in the BTC price wiped nearly $5 billion from the bitcoin market capitalization. The sharp bearish reaction occurred again.

From the chart, the Bitcoin price shows a sharp U-turn below the $4,000 and $3,900 support levels. It could correct higher in the short term, but the previous supports at $3,860 and $3,900 might prevent gains. And a lagging indicator suggests bitcoin’s price may have bottomed out and a new bull run could begin if it breaks $6000 in the next quarter, forming a global market upward triangle.

The sharp repeated price fluctuation presents shrewd traders opportunities for making the profit from BTC futures trading which allows you to short or long. Let’s see how.

How Can I Earn Money When BTC Market Goes Down?

In the fiat-to-crypto or crypto-to-crypto transaction, the only way that you can make profits is to exchange USD/crypto to BTC by buying-in at a low price and selling-out at a higher price. However, according to the current trend, compared to BTC spot trades, BTC futures trading is a more profitable investment.

Different from other trading platforms, Bexplus exchange is a derivative platform offering perpetual contracts of BTC, ETH, and LTC with 100x leverage. To enter a 1 BTC trade, you just need to invest in 0.01 BTC which is about $38 at the current rate. This is an affordable amount for newbies to start BTC futures trading. With high-leveraged, it can also increase profits for experienced traders.

So how to start BTC futures trading on a falling market? Open short positions using the maximum leverage 1:100 to maximize profit!

Register an account with the official invitation code y0ZCi and enjoy parts of transaction fee off.

Deposit BTC, ETH or LTC in your Bexplus wallet. If you don’t have, you can also buy BTC in other OTC platform.

l Enter the Exchange page, open a short position with a certain volume at a certain price as you want. (Note: If you are new to futures contracts, suggest you try in the trading simulator with 10 BTC)

For example, at the price of $4000, set 100 BTC as the trading volume which only uses  1 BTC as margin with the help of 100x leverage. When BTC falls to $3900, you can earn 1 BTC * (4000-3900)/4000*100% = 2.5 BTC.

  • Set stop-profit and stop-loss points in the Hold list to lower the risks.

Note: You can trade ETH and LTC futures contracts based on the steps above.

Win Up to 10 BTC in Bexplus

100% FREE BTC bonus will be sent to clients who deposit and trade futures contracts in Bexplus. Deposit 10 BTC, you will get 20 BTC credited in your account.

For more details: https://www.bexplus.com/en/cash_back

Earn Up to 50% Referral Reward

Recommend Bexplus to your friends, you can earn 10%-50% of their transaction fees. If your friends join and trade, you can also get certain transaction fees off as well.

Read more: https://www.bexplus.com/en/account/activity_show

Before the BTC market going “to the moon” again, you can take advantage of the price rising and falling, and make a fortune with 100x leverage futures trading in Bexplus.

Follow Bexplus on:

Website: www.bexplus.com

Facebook: https://www.facebook.com/Bexplusglobal/

Telegram: https://t.me/bexplusexchange

Reddit: www.reddit.com/u/bexplus

For Business cooperation: business@bexplus.com

Altcoins

My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Altcoins

Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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3 Reasons Why Liquidity Dividends Protocol (LID) Will Be a Huge Winner

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Liquidity Dividends Protocol

Since 2017, cryptocurrency has experienced both the crazy highs and the crazy lows with fortunes being made and lost overnight.  That volatility is one of the main reasons why cryptocurrency has been relatively slow to gain mass adoption.  In addition to volatility, another concern for many is the lack of security and regulation in the market.  This can be seen through the countless exchange hacks and rug pulls that seem to occur on a weekly basis.  In order for cryptocurrency to move into the next stage of maturity and bring on mass adoption, investors and users will need to feel secure knowing that their funds are safe.  One promising organization that may have the perfect solution is Liquidity Dividends Protocol (LID).

What is Liquidity Dividends Protocol?

Liquidity Dividends Protocol is an up and coming organization that provides locked liquidity services to cryptocurrency projects that launch their offerings through ERC-20 tokens.  It lets non-custodial pre-sales lock liquidity of a token in a trustless manner through Uniswap.  This locking process will prevent every investor’s worst nightmare of seeing their hard-earned money disappear through “rug pull” scams that are designed to remove liquidity out of DeFi projects.

This year has seen an explosion of interest in Uniswap and DeFi projects.  Many investors have generated enormous returns on investments, but many have experienced the pain of being duped.  Below are three reasons why LID Protocol is poised to be a massive winner in…

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