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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

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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic
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CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited…

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5 reasons why you should use a brokerage exchange service to buy and convert cryptocurrencies

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It is considered that the best place to buy cryptocurrencies exchanges. But this is a mistake. Let’s think about why we don’t buy fiat currencies on stock and currency exchanges or on the interbank market. Because it takes a lot of time, you need to have quite large amounts, and trading licenses are also a problem.

The situation is similar in the cryptocurrency market. Exchanges require a lengthy KYC verification process. the process of withdrawing funds through a merchant can take up to 5 banking days. It should also be remembered that before withdrawing funds, you must conduct trading operations. 

What are the advantages of the brokerage service 365Cash.co?

You don’t need to go through a lengthy KYC verification process. This is a crucial aspect for those who worry about their anonymity. 

Low limits and fast execution of the exchange order. If you need a small amount quickly – 365Cash.co is the best choice.

The ability to use payment systems like Perfect Money, Payeer, AdvCash to buy cryptocurrencies at the market rate. Exchanges do not provide this opportunity.

Low commission. We do not charge customers a fixed fee for the exchange. We work at the market rate and are completely dependent on the spread.

Quick…

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Many of the Top Sports Betting Websites for 2020 Can Be Found On Boomtown’s Best Betting Page

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Sports betting is one of the widely known types of online gambling. With a large number of sports fans around the world, this type of gambling is one of the most sought after. The problem usually comes from when gamblers try to find the best sites out of the many available ones. Many new sports betting sites come up daily, thus making the selection process even harder. One of the best places to find top betting websites for sports is Boomtown Bingo. This platform doesn’t just give users the best online casino games websites, but they also cover sports betting. As such, boomtown bingo remains a one-stop-shop for everyone who needs the best and the latest online gambling and gaming sites for all types of devices.

Performance

The performance of any website is critical. Users need to find their way around the site easily, and that can be made possible with the site structure and arrangement. Loading time is also essential. A website that always hangs thus pushing the user to refresh every time is no good. These are some of the factors that Boomtown Bingo looks into when selecting the best sites for its users. You can be sure that the new sports betting websites listed on Boomtown’s platform have faster loading time, can be used easily by everyone,…

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