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In the past few months investors all around the world were extremely excited about Bitcoin: will it reach the new highs to break 2017 record? However, Bitcoin fell through $13,000, then $10,000, then $8,000 recently. Though now the market doesn’t look so promising, Bitcoin’s price is still more than double compare to the beginning of the year.
Anyway, crypto fans who has been hoping to get the most out of Bitcoin in short term might be not feeling so positive about investment in crypto: recent trends imply that bulls are not necessary in favor. That’s a right moment to use Bexplus: with leveraged trading and through trading future contracts traders can profit even on very stable or crashing market.
Except Bitcoin, there are also mainstream altcoins available on Bexplus. At the time of press investors can trade Ether, Litecoin, XRP and EOS. Note that like most of the margin exchanges Bexplus accepts only Bitcoins for depositing.
Registering and Starting to Trade
After you register (it’s simple, doesn’t require KYC and won’t take you more than 5 minutes) you’re ready to start.
If you haven’t tried margin trading (which is essentially different from spot trading) before placing real orders you can practice in free simulator with 10 BTC in demo account. Trading with simulation account is absolutely authentic except that in the simulation mode you’re not charged with commission fee (0.075% for BTC/USD). Besides, there are educational articles in the Bexplus encyclopedia. And, of course, it worth reading trade rules before you start to open orders.
How Different Bexplus From Ordinary Exchanges?
Bexplus is a crypto derivatives exchange. Users can open long positions (or buying positions: the asset price is expected to grow) and short positions (selling, the asset is expected to decrease).
For example, let’s say you’re sure that Bitcoin’s price will increase by $100 and the total cost of 1 BTC will be $8,100, your original opening price is $8,000. If you open 0.1 BTC postion, and if your predictions are correct, you’ll receive 1% of profits when the price will reach $8,100.
1% profits doesn’t sound like a very effective investment return. That’s when leverage comes in. Leverage is used to maximize your profits.
Leverage is an instrument which allows you to lend the funds from exchange, thus you’re able to open larger trades with less investment. Bexplus leverage reaches 100x, thus, it means you can make 100% profits out of 1% price change. It’s a very effective way to trade on crashing market or market with low volatility. However, you need to remember that risks are calculated the same way.
Opening short positions is equal to long positions, except that you bet on the different price direction.
Bexplus: Exchange Packed with Bonuses
At the time of press every new user is eligible to get a special “beginner reward pack” which includes $100 deposit bonus, $10 registration bonus (it’s free, just register and start real trading) and 10% discount for all commission fees.
24/7 Support, Affiliate Program
When you trade your precious crypto assets, It’s very important to have a helpful support by your hand who can solve any issue if there happens one. Bexplus offers 24/7 support which is available via built-in window on the platform, email and even Telegram group.
Bexplus also introduced its affiliate program this October. By sharing invitation link active users are eligible to receive up to 50% of invitees trading fees. The platform offers customizable rate and flexible VIP support for it affiliates.
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