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BTC Plummets. How to Gain Profit From That?

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On Thursday, bitcoin price continued its downward trend, falling by almost $1,000 over a 20-minute period, according to Coinbase Pro, which shows that the world’s largest cryptocurrency by market capitalization fell from $11,700 at 16:05 UTC to $10,800 in 17:44 UTC.

Although the price stabilized for a while, according to Coinbase, it fell to $10,346. However, on Friday Asia session Bitcoin has shown growth, now trading at around $11,300 (03:40 UTC).

The latest recession coincided with huge losses in the price of the entire cryptocurrency market, with most of the 100 largest cryptocurrencies in market capitalization also seeing a drop in their prices.

Previously analysts commented that this week’s BTC growth trend might be happening due to several reasons, one of them is Facebook’s announcement of the launch of media giant’s own cryptocurrency, Libra. According to experts, Facebook’s move might contribute to promoting cryptocurrencies around the world. Among other reasons caused bitcoin to grow analysts point out interest from big institutional investors and investing in cryptocurrencies as safe haven asset amid world economic slowdown due to turmoil in the Middle East and US-China trade tensions.

How to gain your profit from Bitcoin fluctuations?

Bexplus offers good opportunities to make your profit on Bitcoin rising and falling prices. Bexplus is a world-leading future contracts platform in the cryptocurrency area, which aims at providing advanced financial services to global investors of futures trading by using blockchain technology.

Making profits from BTC price drops: how does it work?

In Bexplus, you can invest BTC, ETH and LTC perpetual contracts with up to 100x leverage. For instance, you can use 0,01 BTC to short (predict it is going to drop) or long (predict it is going to rise) BTC and open a 1 BTC position with the help of 100x leverage. Besides, you can set stop-loss and stop-profit to control the risks.

On Bexplus traders not just trade assets trying to gain profits from price growth, but future contracts -financial instruments which allow traders to gain bidirectional profits from price falls and growths. Bitcoin future is an obligation of one party to the other to buy or sell a certain amount of bitcoins at an agreed price. Traders can try to make correct predictions of asset value in the future, and gain profits on a margin between original and future prices.

Trading on Bexplus doesn’t require to start with investing huge amounts of your cryptocurrency, 100x leverage allows you to gain hundredfold profits, by making the right predictions on prices direction.

Gift June: make a deposit on Bexplus and receive a gift

This June Bexplus gives a gift to each user who made a certain amount deposit on the platform. Among the gifts are Amazon Kindle, Apple Watches and iPads. Please follow the link below to read the terms of the promotion activity.

Why Investing on Bexplus is profitable?

Bexplus users can gain profits not only from trading. Every trader made a deposit on the platform is able to earn an annualized deposit interest, which is up to 72%. Also, depositing users have a chance to get an additional bonus to the original sum, for example, depositing 1 BTC you can get 1 BTC more as a bonus.

Start investing 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

Reddit: www.reddit.com/r/bexplus

For Business cooperation: business@bexplus.com

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Australia progressively develops a crypto scheme

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Cryptocurrency and the Bitcoin first entered our vocabulary in 2009. It has been 10 years and up to now many people recognize this terminology, however, it is not really used for payment. Despite it is slow progression worldwide, Australia is a growing market for it. Gambling and online casino is also strongly developing in Australia and it is using more digital exchanges. According to various statistics – online casino Australia is a widely researched topic and surely is attracting more and more people along with cryptocurrencies. There had been some changes in taxation and cash payments, so it is very likely that Australians will go digital and buy cryptocurrency very soon.

Australia has legalised cryptocurrency since 2017 with the support of the government. They have to be treated as property and subject to Capital Gains Tax(CGT). The change in tax law surely demonstrated how Australia is progressing towards digital.

In 2018, new cryptocurrency exchange regulations came into place and it got more complex. The new rules required exchanges to be registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) in order to prevent deceptive activity.

Australia looks ready to include Initial Coin Offerings (ICOs). They are cryptocurrency’s way of community funding, which came into public back in 2014. Although it has been banned in China and criticized By the Us, Australia keeps being open to new possibilities…

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ArBinance Takes Arbitrage Trading to Another Level

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As the cryptocurrency market becomes more prominent among professional traders, it can make conventional trading processes a part of its operations.

One of these mechanisms is arbitrage. Arbitrage allows traders to benefit from buying and selling cryptocurrencies priced differently across different exchanges. But given that tracking price changes and acting on them is very difficult, automated solutions often prove to be helpful for those who want to make use of arbitrage.

ArBinance is a new, automated arbitrage platform that allows its users to use arbitrage trading in an effective manner. With solutions crafted to fit the needs of all traders, ArBinance brings cryptocurrency arbitrage to everyone.

Arbitrage Trading is Helpful but Difficult to Execute

With new cryptocurrency exchanges popping up every other day, the digital asset market is rife with different markets. For those who deal with arbitrage trading, this means a plethora of opportunities to find differences in cryptocurrency pricing.

If a cryptocurrency is priced lower at one exchange but a little higher on another, it can be bought on its lower value and sold at a higher price. As a result, the trader who executes this transaction makes off with some profits. But considering that the price difference isn’t that much, to begin with, only one or two arbitrage trades do not cut it as an adequate trading profit.

That is why arbitrage traders have to…

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Behold The Cryptopreneurs – Overcoming The Obstacles Facing The Blockchain Industry

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Integrating blockchain technology is fast becoming a necessity for enterprise ventures and small or large businesses, but with a growing number of choices in the tech revolution, it’s difficult to pick a direction without feeling overwhelmed or taken advantage of. This is where BEHOLD THE CRYPTOPRENEURS comes in.

Private keys, the myth of anonymity, and the battle against anarchist ideology are only a few of the difficult challenges faced by businesses that want to incorporate blockchain into their culture. Author Dennis H. Lewis guides the reader through those challenges and helps them discover the true potential of investing in this new economic paradigm.

Every business has pain points that must be overcome in order to branch out and thrive in an ever-changing commercial environment. Blockchain has real world solutions and cryptopreneurs are not limited to the cryptocurrencies they invest in but rather how they seize economic and technological opportunities to make it work for them.

Innovation, trust, and solutions can differentiate your business from all the noise, but without a solid marketing plan, a cryptopreneur can have the best idea and never get far. Remember: a million great ideas times zero market presence equals zero success.

Investors want to know there is public interest and enthusiasm in a project before they commit any money to it. As a cryptopreneur, you are tasked with generating that interest from the…

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