Bexplus provides BTC Futures contract products which are one of the best ways to earn money during a bear market.
The Bitcoin market collapsed in 2018. The bitcoin price has fallen from the top at nearly $20000 to $3500. Most people who bought Bitcoin at the beginning of the year have seen BTC lose almost 70% of its value.
There aren’t so many ways for them to mitigate the loss because most of the cryptocurrency exchanges, even Coinbase and Binance only provide spot trading of fiat currency or altcoins. As a result, BTC Future trading becomes popular.
At this year’s Crypto Futures meeting in Hong Kong, Bexplus exchange, a famous derivative cryptocurrency exchange, introduced how futures trading works for traders to earn profits in the bear marke
Amanda Collins,Vice President of Bexplus exchange explained:
“the futures trading allows people to buy up or sell down a token on the stated date and price in the future. As the contract has been agreed to execute, both counterparties have the right to trade at the specific price irrespective of the practical price of the market.
BTC futures trading is a great tool for people to control their investment no matter the variation of the token. More importantly, people can place short positions which we generally describe as a “sell down” to earn profit from the futures contract from the fallen market.
As people trading the futures contracts, they have the right to use leverage to expand their profits. For example, Bexplus provides 100X leverage which can expand 1 bitcoin to 100 bitcoins. Traders who buy a long position bitcoin contract with 100X leverage by 1 bitcoin meand they have the power of 100 bitcoins. When the price goes up 1%, the contract contains the profit as 1 bitcoin. In reference to 1 bitcoin investment, the profit rate is 100%. It is the magical effect of Leverage. We welcome all at bexplus to enjoy the experience.”
Bexplus is a world-leading derivative platform for cryptocurrencies, which aims at providing advanced financial services to global investors in futures trading by using blockchain technology. At present, Bexplus offers perpetual contracts on BTC, ETH, LTC futures trading with up to 100x leverage, and more altcoins futures will be listed in the future.
At the end of the speech, Collins said: “There are 3 strengths of Bexplus. First, Bexplus is developed by senior blockchain architects and experienced financial traders. We spent years optimizing the trading experience in order to help traders get familiar with trading future contracts. Secondly, we provide more than 20 languages to traders. No matter which country are you from, you can easily understand Bexplus. Last but not least, we provide 100X leverage to expand the trader's investment. Traders can earn a big profit with small capital.
In conclusion, Bexplus is looking forward to provide an advance futures contract trading environment. We are happy to invite you to join us and enjoy futures contracts.”
Don't forget to Register with invitation code 8y7Xx to acquire a 10% OFF charge fee.
New upgraded Bonus Activity: Deposit Activity to Earn 100% BTC Cashback
If you deposit BTC in the Bexplus account, you can earn a 100% BTC bonus, which can also be used to trade futures contracts. The more you deposit, the more bonus you will get. You can get up to 10 BTC as a bonus!
Read more: https://www.bexplus.com/en/cash_back
Invite Friends to Register to Get 30% Commission
Invite friends to register and trade on Bexplus, you can get 30% of your invitees’ transaction fee. In addition, both you and your invitees can enjoy 10% OFF the service charge.
Before trading cryptocurrency futures contracts, we suggest you understand more about it. You can also try using the Bexplus trading simulator with 10 BTC preset and enjoy the fun of testing out your trading.
Follow Bexplus on:
For Business cooperation: [email protected]
Important information - please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice. Tax rules can change and the value of any benefits depends on individual circumstances.