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Earn Money Even When BTC Drop? Bexplus can Achieve It!

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The Dilemma for Cryptocurrency Investors

In the past one week, Bitcoin showed a upward trend from $3,510 to $3,620. However, According to the historical chart, this presents another “enticing” trend which might be a bull trap. It’s necessary to be cautious about its price suddenly plunged soon later. In fact, Bitcoin is still in the prolonged bear market. Since November, 2018, BTC has been making its downwards journey. Though there are some slight recovery, it’s hard to bounce back and hit the peak at $20,000 again. If the bear market continues, it’s impossible to make profit by holding BTC and waiting for its appreciation, let alone investors who started BTC trading since late 2017 with their assets shrinking.

Moreover, Altcoins which rely on various endorsements entered into the crypto market, making Bitcoin, Ethereum, etc less valuable for investment. In general, when a kind of new altcoin is listed in an exchange, its price will go up to at least 30% in 3 days. This kind of investment can satisfy the money-earning desires of bold investors. However, because ICO programs are unregulated which are high-risk as well.

So is there any way of investing BTC to achieve high return but with lower risks? The answer is YES and that is cryptocurrency futures trading.

How Cryptocurrency Futures Trading Achieves High Returns and Low Risks?

Low risk

For high-end investors, a very important factor in risk assessments is their awareness of investing risks. Here takes BTC as an example, you can trade futures contracts based on the judgement on BTC trend. If you predict that BTC will rise, you can buy/up BTC. On the contrary, you can short/down BTC assuming BTC price drops. Compared to the spot trade in which you can only choose to buy in and wait for its price growth, BTC futures trading is totally at your control.

High returns

For senior investors, to achieve high return is about how to maximize the profit they will get. Different from the spot market, BTC futures market often provides leverage trading。For instance, if you invest in 1 BTC, you can open a 100 BTC order with 100x leverage added, and in the meantime, you can amplify the profit 100 times.

Why Trade Cryptocurrency Futures Contracts in Bexplus Exchange?

At present, 90% exchange platforms in the cryptocurrency market only provide cryptocurrency spot trade. Though some crypto exchanges offer futures trading products, they are often weekly or quarterly contracts which have expire dates. That’s why beginners or senior investors choose Bexplus.

Bexplus is the world-leading and professional cryptocurrency futures exchange, offering BTC, ETH and LTC perpetual contracts with up to 100x leverage. Founded in Hong Kong in 2017, Bexplus has gain the popularity of 100,000 investors worldwide. With 10 million dollars financing by famous venture capital associates in Hong Kong and America, it has also established offices in U.S, Australia, Russia, Brazil, India, covering 36 countries and supporting 21 languages all around the world.

As mentioned above, in Bexplus, you can trade perpetual contracts, which allow you to buy in or sell out anytime you want. Based on your own analysis, you can choose to short (betting price down) or long (betting price up) BTC. To lower the risks, you can also set the stop-loss and stop-profit points.

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 deposit, the more bonus you will get. You can get up to 10 BTC as bonus!

Read more: https://www.bexplus.com/en/cash_back

Invite Friends to Join and Earn 30% Commission

Invite friends to register and trade in Bexplus, you can share 30% transaction fee of your invitees as commission. Also both you and our invitees can enjoy 10% OFF service charge.

More:https://www.bexplus.com/en/account/activity_show

Now join Bexplus and enjoy the fun of making money by trading cryptocurrency futures contracts. Register with invitation code PCDfBto enjoy 10% OFF charge fee, and participate the latest activity ongoing in Bexplus for bonus.

Follow Bexplus on:

Website: www.bexplus.com

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

Telegram: https://t.me/bexplusexchange

For Business cooperation: [email protected]

Altcoins

Ethereum Price Outlook as the DXY Index Crash Continues

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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…

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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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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…

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Campden Wealth Partners with GDA Group to Enter Digital Asset Markets

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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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