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Bexplus: Trade Various Coin Tokens with up to 100x leverage
Bexplus is a world-leading margin trading platform, which allows users to trade cryptocurrency future contracts with up to 100x leverage.
While before Bexplus allowed investors only trade Bitcoins, Ethereum and Litecoin, now Bexplus users have an opportunity to also choose from altcoins EOS and Ripple and try their hands in profitable margin trading.
EOS: a fast-growing currency with great potential
EOS was created by American company Block.one and presented in 2018. Technically very different from Bitcoin and other altcoins, EOS considered to be a very perspective token, which trades now around $6.
EOS has almost tripled the price from the beginning of 2019 till now. The pulse of the price is undoubtedly great, and therefore, the future of EOS is likely to be bright.
According to experts, the long term and short term investments in EOS are quite promising. The coming years in EOS are anticipated to bring significant growth. Some industry professionals assuming that by the end of 2019, EOS will be seen dealing around $10.
Ripple XRP: part of future cross-border transactions
Ripple XRP is a cryptocurrency created by Ripple, FinTech company from California. Ripple’s ecosystem is designed for providing tech solutions for banks and financial institutions. Some traditional money payment systems have been of great interest to Ripple.
In this June Ripple has announced its plans to invest up to $50 million in money transfer giant MoneyGram, which plans to use blockchain platform for cross-border transactions. While now the company uses foreign exchange markets to settle down the payments, in future it plans to use Ripple for reducing pricing and time limitations of traditional payments. MoneyGram and Ripple anticipate commission fees dropping from $30 per transaction to some inconsequential number.
The partnership will see MoneyGram use Ripple’s XRP digital coin that could later drive up the market value of XRP. According to CryptoNewsz, “Ripple assures a good future and high dividends in the coming years. The wait may be longer, but it will be worth it. […] Both Bitcoin and Ripple have bullish medium-term outlook. Bitcoin is likely to be around 15,000 USD to 20,000 USD by the end of this year and Ripple is likely to be around 0.7 USD within this period. Both the coins may show many steep ups and downs”.
Start to trade Ripple XRP and EOS on Bexplus now
The advantages to trade XRP and EOS on Bexplus are:
New to cryptocurrency margin trading? Start with free Bexplus simulator
Up to 100x leverage: you don’t need a huge deposit to gain significant profits. Depositing 1 BTC, you have a chance to earn 100 BTC
Easy to deposit and withdraw your coins
Simple and reliable. But if you have experienced some problems — there is 24/7 tech support which won’t let you down
New promotion activity: invite a friend and get a reward
This July, Bexplus users can receive a nice bonus by referring friends. Referral bonus is calculated according to your friends’ transaction amount and ranges between 8-15%. A unique feature of Bexplus is that it lets you gain profits not only by trading on the platform.
Why Investing on Bexplus is profitable?
Users of Bexplus are able to earn an annualized deposit interest, which is up to 72%. Also, depositing users can also get 100%bonus to the original sum, for example, depositing 1 BTC you can get 1 BTC more as a bonus.
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…
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…
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.
“Institutions have spent a decade on the sidelines, evaluating the risks of this burgeoning sector. Now, in less than 6 months we have seen billions in institutional and private capital enter the space,” says James Godfrey, FX and International Banking Advisor to GDA Group. “Our relationship with Campden will illustrate the maturation of this industry and where we are headed next. New stakeholders will need experience, resources and insights to navigate this new market and evaluate upcoming opportunities.”
“The Campden Community is constantly balancing the needs of wealth creation for the future, with wealth preservation…
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