Hot Updates

Bexplus BTC Futures Trading – The Best Way to Become Rich in 2019

Published

5 years ago

June 23, 2019

After nearly 18-month “Crypto Winter”, bitcoin price set a new 2019 high at around $9,400, then, started a downside correction against the US Dollar. Though BTC/USDT pair broke the $9,300 and $9,200 support levels early this week, the downward movement was limited and the price formed a swing low near $9,000 mark.

BTC price is currently surging higher and is trading above $9,700. If there is an upside break above $9,800 mark, the price could continue the upward movement in the near term, breaking the $10,000 resistance level.

As the bearish market bottom has been set and the bullish sentiment has once again returned to the cryptocurrency area, the opportunity for traders to become “bitcoin millionaire” beyond their imagination occurs again. Many well-prepared, well-researched and smart investors turned to BTC futures trading aiming at magnifying the profits.

How BTC Futures Trading Maximizes Profits?

With the bitcoin bull is back in control of the trend, the market has become highly volatile once again – Bitcoin market consolidates between $9,600 to $9,700, which is the perfect time to maximize profits by trading futures contracts.

BTC futures trading has become one of the most popular trends in the crypto market. Trading futures contracts with leverage allows traders to take positions much larger than the amount of assets they invested in. It enables investors to long-buying or short-selling BTC price based on their own analysis on the market trend. Moreover, with the help of leverage, the profits will also be amplified, however, so will the loss for wrong market prediction.

Bexplus exchange stands out as the popular bitcoin trading platform that offers BTC, ETH and LTC perpetual contracts with up to 100x leverage. Bexplus’s powerful trading tools, user-friendly design and fully-customizable trading interface have led to trading volumes on the platform to reach over 100K+ daily.

Investors can choose to go long or go short based on the market prediction. During larger price movements, a position taken on margin could result in the trader earning substantially more than what would otherwise be possible with trading the underlying asset on spot only. And during times of tightening trading ranges due to price consolidation, where prices often only fluctuate within a few percentage points until a breakout occurs. Investors can also amplify their profits by the help of 100 times leverage.

For example, if you invest in 1 BTC in 100x leveraged BTC futures contracts, 1 BTC = 100 BTC contracts:

Long BTC at the price of $9,700

Suppose that BTC price rises to $9,800, you will earn:

100 BTC ($9,800 – $9,700)/$9,700 = 1.03 BTC

Short BTC at the price of $9,800

If you predict that BTC price is going to decrease to $9,700, you may earn:

100 BTC ($9,800 – $9,700)/$9,800 = 1.03 BTC

Notice: Bexplus provides beginners 10 free BTC to try BTC futures trading

Bexplus Activities Offers Free BTC Earnings

Deposit Activity to Earn 100% BTC Cashback

To deposit BTC in the Bexplus account, you can earn 100% BTC bonus, which can also be used to trade futures contracts. The more BTC deposit, the more bonus you will get. You can get up to 10 BTC as a bonus!

Join Gift June Activity to Win Free Gifts

Joining Bexplus’s Gift June activity, you will have chance to win presents including, Apple watch, iPad, Kindle and etc. Not only can you make profits on BTC futures trading, but also get wonderful gifts.

Earn Up to 72% Annualized Interest with Upgraded BTC Wallet

Balance in the upgraded BTC wallet will be calculated annualized interest which will be up to 72%.

Easy to get profits without trading!

https://www.bexplus.com/activity/interest

For traders who are seeking opportunity to maximize the return they get from bitcoin trading, futures trading/margin trading is a good choice. If you haven’t traded BTC futures contracts before, Bexplus’s trading simulator is recommended.

Related Topics:Bexplus cryptocurrency press release

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Ethereum Price Outlook as the DXY Index Crash Continues

Published

1 year ago

January 26, 2023

Crispus

Cryptocurrency prices remained in an upbeat tone on Thursday as the US dollar index continued its bearish move. Bitcoin, the biggest cryptocurrency in the world, rose to $23,165, the highest level in months. Similarly, Ethereum has risen by more than 4% in the past 24 hours while BNB Coin and XRP surged to $307 and $0.41, respectively.

US dollar index retreats

Cryptocurrencies have an inverse relationship with the US dollar index. For example, the DXY, which looks at the performance of the greenback vs other currencies, soared to a 20-year high of $115 in 2022. As that happened, cryptocurrencies like Bitcoin plunged during the year.

The foundation of this relationship is the Federal Reserve. In most periods, the US dollar index tends to rise when the Fed is extremely hawkish and vice versa. And it was extremely hawkish in 2022 as it hiked interest rates by more than 400 basis points.

Therefore, while the Fed has remained hawkish recently, the US dollar has dropped because of what the data is saying. Data published recently showed that America’s inflation is easing. The closely watched consumer price index dropped to 6.5% in December while core inflation fell to 5.7%.

At the same time, other parts of the economy are showing that the American economy is indeed recoiling. Retail sales dropped sharply in December while many…

Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

Published

3 years ago

January 25, 2021

chainwire

Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…

Hot Updates

Campden Wealth Partners with GDA Group to Enter Digital Asset Markets

Published

3 years ago

January 22, 2021

Dan Blockstar

Blockchain conglomerate GDA Group joins as Campden Wealth’s newest Corporate Partner for 2021. Based in Toronto, GDA group provides access to all verticals of the crypto capital markets to institutions and private investors. The two institutions once operated on different verticals, so the partnership indicates a new era of portfolio allocation and asset diversification. Digital assets, including bitcoin, are becoming a vital component of modern investment strategies. GDA Group provides multiple avenues for digital asset exposure, including trading services through their institutional trading desk Secure Digital Markets, including non-recourse lending up to $100M through GDA Lending, and private placements through their capital markets arm GDA Capital.

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“The Campden Community is constantly balancing the needs of wealth creation for the future, with wealth preservation…