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Bitcoin Volatility Is Lowest Since June: How to Gain Your Profits?

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Earlier this year bitcoin was rallying really hard, gaining more than 200% between April and June 26, when it reached almost $14,000. Since then, bitcoin’s volatility significantly decreased: since August 15-27 world’s largest cryptocurrency has been trading between $9,600-10,900, making long-term investors feeling not very positive.

According to figures provided by Blockforce Capital and Digital Asset Data, Bitcoin’s 30-day volatility fell to a reading of 64 on Sunday, August 25, its lowest since June 25.

This chart shows a more than 50% drop from the reading’s recent peak of 131% reached on July 19:

Source: Blockforce Capital and Digital Asset Data

Data on monthly range, measure that shows the difference between bitcoin’s high price and low price every month also shows that bitcoin doing not that great recently. According to Blockforce Capital and Digital Asset Data, this measure recently fell to its lowest since March.

As data above shows, it’s not a such positive situation for bitcoin investors. Considering such stagnation, buying bitcoin and waiting for the price to rise could be not the most effective way to invest in crypto.

Tired of BTC Stagnation? Try Leveraged Trading on Bexplus

Bexplus is an advanced cryptocurrency margin trading platform offering 100x leverage. The core feature of margin trading is an ability of gaining profits not only when bitcoin price rises, but also when it goes down by opening short (buy) and long (sell) positions.

Even with slightest activity on the market, investors still can trade and gain profits, let’s explain it by this simple example:

As an example, say you want to buy 1 BTC at a price of $10,000. To open such a trade on a fiat-to-crypto exchange you would need to pay $10,000. If the Bitcoin Price goes up by 1%, so 1 BTC now worth $10,100. If you choose to then sell them to secure your profit, you’d have made $100 from your original $10,000 investment.

Now let’s compare that to 100x leverage on Bexplus. Here you would only have to pay 1% open the same trade, which means $100 (0.01 BTC) to open a 1 BTC position. If Bitcoin’s price rises by 1%, you will still have made the same profit of $100, but at a considerably reduced cost.

Before you start to trade with leverage, it’s also a good idea to get some practice. Especially for new users Bexplus team designed free trading simulator: as soon as you register on the platform you get 10 BTC for your simulator account.

100x leverage allows investors to open positions of significantly greater amount with relatively small investments. 100x leverage is still quite a rare feature on most of the exchanges.

Besides bitcoin, of course, you also can trade altcoins: ETH, LTC, XRP, EOS are available for trading now on Bexplus.

Bonus for the new users: make a deposit and get 100% bonus!

In order to thank all the new users, we offer 100% deposit bonus for all the new users: for example, by depositing 1 BTC you will get 2 BTC in total. Bonus is not withdrawable, but can be used for trading. All the profits made with 100% bonus can be withdrawn.

Besides, there’s a BTC Wallet account available on Bexplus: by depositing certain amount of bitcoins you can receive annualized interest, which rates between 18-30%, depending on the amount of your deposit. The funds can be withdrawn at any time if you’ll decide to change your mind.

Start earning with Bexplus today!

Follow Bexplus on:

Website: www.bexplus.com

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

Telegram: https://t.me/bexplusexchange

Twitter: https://twitter.com/BexplusExchange

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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Altcoins

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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