How to trade Bitcoin with leverage? Meet Bexplus
Bexplus is the leading crypto derivatives platform, offering 100x leverage on BTC, ETH, EOS, LTC and XRP futures contracts.
The Hong Kong-based exchange is trusted by more than 100,000 merchants around the world, including the United States, Japan, Korea and Iran.
With a simple interface, suitable for beginners and advanced, Bexplus does not require the KYC (Know Your Customer) procedure, no deposit fees and traders can get more attentive services, including 24/7 customer support and high liquidity.
With support in 21 languages and $ 10 million funding from famous venture capital partners in Hong Kong and the US, the platform app for Android and iOS is available in 36 countries, enabling Investors around the world benefit from trading Bitcoin futures.
Bexplus provides perpetual contracts with 100x leverage, which means you can enter or exit a trade anytime you want.
With 100x leverage, you can use 1 BTC to open a 100 BTC position by going long (betting the BTC price up) or short (betting the BTC price down).
Also, you can buy at the best available price by executing a market order, or by opening a pending order that will be executed at the trigger price you set.
This also helps to establish take-profit and stop-loss positions to maximize your profits and control risks.
What does Bexplus offer?
Bexplus is characterized by the ease of carrying out operations within the platform, but also by offering a series of benefits such as:
1. Easy registration
With email registration, you can easily register an account. Enter the verification code received in the registered email box, your registration will be completed in a second and you can start trading on Bexplus.com.
2. Two-way benefits
With the perpetual cryptocurrency futures trading contract, you can profit when the price of BTC, ETH or LTC goes up or down. You can choose when to open a short or long position, and set a stop-profit or stop-loss point to reduce investment risks.
3. 100x leverage
Bexplus offers 100x leverage, while other exchanges only offer 50x maximum leverage. Even if you only have 0.1 BTC, you can take advantage of up to 100x and enter a larger trade, which means you can use 0.1 BTC to start a 10 BTC trade.
4. Free futures trading simulator
Bexplus offers a simulation mode where you can try to trade cryptocurrency futures with a predetermined limited amount of BTC, ETH, or LTC. This feature is designed for beginners who are not familiar with cryptocurrency futures trading and perpetual contract trading in particular.
5. High security
The Exchange is equipped with multi-signature encrypted cold wallet storage technology. In other words, all your digital assets deposited or exchanged on Bexplus will be safely stored in the cold wallet. It guarantees the high security of your cryptocurrency and not to be hacked.
6. P / L calculator
The platform facilitates with the P/L calculator that helps to calculate potential profits and losses before entering the trade in real time. By setting the opening price, closing price, volume, and position days, which earn daily interest, you can calculate how much you will earn.
7. Withdrawal 24/7 and customer service 24/7
You can submit a withdrawal request anytime you want. You can get your deposits back in as little as 30 minutes during business hours. Also, if you have any problems using Bexplus, you can contact customer service through different channels such as email, your mobile app and live chat.
Bexplus interest wallet
With up to 30% annualized interest, it is without a doubt one of the most profitable rates in the industry. While most lending platforms require merchants to deposit at least 1 BTC, merchants can make a deposit starting from 0.05 BTC to this exchange.
100% deposit bonus
To express gratitude to its loyal users and welcome new users, Bexplus launched a 100% deposit bonus to give all users the opportunity to earn more profit.
The more you deposit, the more bonus you can receive. For example, if you deposit 1 BTC, the net value of your account will be 2 BTC.
Once this is done, contact the support by email through the email [email protected], indicate that you need a 100% bonus of this deposit and the deposit bonus will be applied as soon as possible.
How to open the trading simulator?
After registering on the platform, click on “Trading” at the top of the home page.
Once there, you will be in the trade in real time. Now simply click on “Trade Simulation” to switch to virtual trading and start demo trading.
The advantages of the trading simulator is that it is risk-free, thanks to the fact that without costing you any real money, you can test your strategies in risk-free circumstances and create your own trading style.
Also, if you are a beginner in cryptocurrency trading, it is the best way to familiarize yourself with the market by practicing opening and closing positions, applying stops and limits.
You can also view margin requirements and track profit and loss.
Whereas, if you are an advanced cryptocurrency trader, you can accumulate technical analysis and methods by trading different pairs and testing different portfolios in the simulator, which can strengthen your fundamental skills.
You can also take notes and analyze your trading performance, correct mistakes and form trading strategies before starting with real money.
Another benefit is that with long-term demo trading, you can watch yourself through the process, find out what kind of investor you are, and adjust, which is helpful in creating a stable mood and attitude towards the real market.
How to trade on Bexplus?
Unlike BTC spot trading, futures trading/margin trading provides an opportunity to profit from price fluctuations, regardless of which direction it moves.
Leverage is also another attractive thing in the futures market. For example, with 100x leverage, if you invest 1 BTC in a contract, it is equivalent to 100 BTC contracts, which amplifies the profit, as well as the potential loss, 100x.
You can also set stop-profit and stop-loss orders to maximize profits and save up to 70% of your capital in case the market suddenly changes direction.
Open a long or short trade
Set the trading volume within the range of 0.1-100. Add a leverage, you can enter the volume you want and the actual amount of cryptocurrency you invest in will be displayed as the margin used.
For example, set 100 as volume, which will use 1 BTC as margin. Click the Sell button to execute the order short.
Close the position at the desired price.
In the Hold Order column, set the take-profit and stop-loss to reduce risks.
You can also open a long order, following the same steps, when the cryptocurrency is about to rise.
How to use the Bexplus app?
Use the app to Bexplus is very simple. After logging in, click the “Market” button at the bottom to enter the page, where you can see the real-time market price of BTC, ETH and LTC.
Tap on BTC/USDT, ETH/USDT or LTC/USDT and enter the trading page, then you can start trading futures contracts instantly.
It can touch 5M, 15M, etc. to check the price trend based on a different time range. Besides, you can also touch the tools to analyze the market trend.
Then you can choose a pending order or market transaction to trade as needed.
Pending order means that you are allowed to set the purchase price higher or lower, and you can trade when the market price reaches the price you set.
Market transaction means that you do not set the buy and sell price, according to the market price at that time, as long as you enter the volume you want to buy or sell.
Set take-profit and stop-loss to reduce risks.
Do you want more information? Visit to Bexplus
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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 CriptomonedaseICO and should not be attributed to CriptomonedaseICO.