Why is BXB Exchange one of the best crypto exchanges?
Why is BXB Exchange one of the best crypto exchanges?
The crypto exchange boasts a number of advantages in the use of the platform, unlike other existing services. These features include automatic trading, tap trading, option trading and futures trading, with leverage. All, through a portal built from scratch, to provide users with the safest and most efficient business experience.
Its outstanding tools, such as automatic trading and tap, make operations easier, with hotkeys that help short-term traders get in and out of operations.
The option negotiation function, on the other hand, is designed to be simple enough for new users and very complete, even for more experienced traders. And finally, the futures trading tool gives a 1% price change in the market with the opportunity to obtain a 100% return in your pocket.
BXB Vs. Other Exchange
Having a solution for trading cryptocurrency futures, BXB Exchange can be comparable to other platforms that offer a similar service, such as Bitmex" href="https://www.criptomonedaseico.com/tag/bitmex/" target="_self" data-ail="283403" rel="noopener noreferrer">BitMEX.
However, the first is still a better option despite its short life. This is because unlike Bitmex" href="https://www.criptomonedaseico.com/tag/bitmex/" target="_self" data-ail="283403" rel="noopener noreferrer">BitMEX, commissions BXB are the lowest and is completely reliable, because it does not have a dubious record on price manipulation traders to liquidate.
Bitmex" href="https://www.criptomonedaseico.com/tag/bitmex/" target="_self" data-ail="283403" rel="noopener noreferrer">BitMEX has been accused of overloading the system by forcing settlements from many users. Something that makes the platform be made with thousands of free bitcoins, making it the largest reserve fund wallet in the world.
It is estimated that they create visible orders for their traders to fall into the FOMO (fear of missing the uptrend), buy cryptocurrencies and become bullish; only to liquidate them later, sharply lowering the price in the times of bears that follow. Therefore, only 2 or 3% of Bitmex" href="https://www.criptomonedaseico.com/tag/bitmex/" target="_self" data-ail="283403" rel="noopener noreferrer">BitMEX operators are profitable in the long term. All this, joins its high commissions of up to 0.075%.
Tap trading: The exclusive BXB tool
In addition, BXB Exchange has its exclusive star tool: tap trading, which is very striking because of the easy operation it allows, even without having experience in trading. With just one click you can capture market trends in a fast and fun interface.
Performing an operation in the Tap Trading section is very simple. Being one of the most liked options of the BXB exchange, it operates with a leverage of x100, which means that in the case that the $ 5 given with the registration is being used, it would be as if they were operated with $ 500.
To use it, the first thing that is done is to enter the user’s account in BXB, either from the mobile or from the computer. There the “Tap Trading” option is searched, which is at the top of the screen.
Then click on Go Tap Trading, to go to the area where the graphics are located, along with a series of information. Indicating the price in dollars, in real time, of the cryptocurrency that you want to operate. At the bottom of the screen, three colored buttons will also appear which will start operating.
This is “Buy”, “Sell” and “Close.” By choosing the first one, a purchase will be made; with the second one a sale is made; and the third one closes all open operations.
At the time of buying or selling, an operation is opened, to finish it you have to wait for the time that appears in the top menu, called “Countdown”, to reach zero which will be the same time that the graphic touches the right end.
You can also close an operation before time runs out, for example, if a purchase is made, and then the price continues to rise, you can click on the Sell button and with that the operation closes and you They receive the profits.
Meanwhile, at the top of the screen, several sections will appear.
An X symbol, to exit the Tap Trading option and return to the application menu; the volume, to leave or silence the volume of the tool; the dollar value of the cryptocurrency, which is represented as – for example – BTC / USDT; “Stop loss pool”, which indicates the maximum that can be lost if the operations go against it; “BXT Available”, which are the tokens that are needed to do Tap Trading, which can be purchased when they are finished; “Countdown”, which is the remaining time for the session or operation to end; “Win”, which corresponds to the money that has been earned in the operation; and “Loss”, which marks the money that has been lost.
For more information, users can consult Spanish speakers all doubts in the channel Telegram in Spanish of BXB . In addition, you can check your Instagram account, which also highlights information about the platform in Spanish.
Do you want more information? Visit to BXB.
Website : https://www.BXB.io
Twitter : https://twitter.com/BXBexchangeLtd
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Disclaimer: This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest. The opinions expressed in this article are those of the author and do not necessarily represent the views of Cryptocurrency, and should not be attributed to Cryptocurrency.