Will the Possible War with Iran Take Bitcoin to $14,000?

Register on Bexplus via this link and get a permanent 10% trading fee discount.

Bitcoin is up around 15% so far this year after the news about the assassination of Iranian general Qasem Soleimani by U. S. armed forces. The price started growing on January, 3rd shortly after the news from Iran came out, and peaked on Wednesday the 8th, after reports of Iran’s missile attack on US-led forces.

However, Bitcoin met resistance at the level of $8,400, and dropped to just under $8,000 per 1 Bitcoin after Donald Trump addressed the situation in the  White House. After that the world’s main cryptocurrency traded flat at around $8,000 for several days, but on January, 14th Bitcoin gained 5% over the day and at the press time changing hands at around $8,500.

Bitcoin: A Safe Haven Asset and a Good Opportunity to Gain Profits

Bitcoin price, which is down almost half from its 2019 record high, surged around $600 in minutes to almost $8,500 on major crypto exchanges. Bitcoin’s price movements were similar to those of gold, crude oil and Japanese Yen.

According to Mati Greenspan, the founder of crypto and financial analysis outfit Quantum Economics, the gold and Bitcoin price movements resembled each other throughout the last year: "The resemblance between digital gold and the physical stuff is uncanny".

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With only 1 BTC as the margin, you can use 100 BTC at a 100x leveraged position to earn 44.13 BTC if the BTC/USDT goes up to $14,000 from $7800.

2020 is also a year in which we’re going to see the halving: very soon, mining rewards are to cut in half. According to market analyst Rekt Capital, the halving’s year will see Bitcoin enter a new market cycle, in which won’t surpass its previous all-time high but will make a new high relative to the previous year. If history repeats itself, Bitcoin will be trading somewhere between $13,900-20,000.

Bexplus: 4-Digit Profits From Crypto Price Movements

Bexplus is a recommended 100x leveraged exchange platform established in 2017. The exchange offers perpetual futures contracts on various cryptoassets: Bitcoin, Ethereum, Litecoin, XRP and EOS.

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Among Bexplus’ features, there are: no funding fees (amount of margin held by the system for paying the next funding), and no spread (the difference between buying and selling price).

Bexplus’ core feature is 100x leverage - a powerful instrument to improve investors’ profitability: due to 100x leverage only $100 are needed to open a $10,000 position. Investors are able to gain profits even from the slightest price movements.

If you’re a beginner, there’s a trading simulator on the platform with 10 free BTC to start learning profitable crypto trading.

Bexplus Trading Tactics

Bexplus is a leveraged exchange, which means that traders can make the most profitable trades during sudden volatile price moves. The best way to trade on Bexplus is to carefully analyze the market trends and keep watching the charts.

As an example, let’s analyze what traders could earn during the January 8th Bitcoin price spike:

Let’s say that you opened a buying (price up) position with 100x leverage at $7,800 and closed it when price reached the $8,400 mark.

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With 100x leverage your profitability would reach 689% and traders would make 6.89 BTC worth of profit for every 1 Bitcoin they invested.

100% Deposit Bonus on Bexplus: Double Your Investment Power

Bexplus always offers various promotions and gifts to its users: we’re now granting each user a 100% deposit bonus. For example, if you deposit 1 BTC, you’ll get 2 BTC in total which can significantly improve your possibilities when trading. All gains earned with the deposit bonus can be withdrawn.

About Bexplus:

Bexplus is a global crypto derivatives trading platform established in 2017. The company is registered in Saint Vincent and the Grenadines. Bexplus has offices in Singapore, Japan, the U.S. and Brazil and is constantly expanding worldwide.

Join Bexplus at:

Website: www.bexplus.com

Mobile Trading (Android): https://play.google.com/store/apps/details?id=com.lingxi.bexplus

Mobile Trading (iOS): https://apps.apple.com/us/app/bexplus-profit-from-cryptos/id1442189260

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

Telegram: https://t.me/bexplusexchange

Twitter: https://twitter.com/bexplusexchange

LinkedIn: https://www.linkedin.com/company/bexplusexchange/


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.

Bexplus Review 2020

Profile

Website: https://www.bexplus.com/

Has iOS app: Yes

Has Android app: Yes

Service: Futures trading on prices of Bitcoin, ETH, LTC, EOS, and XRP

Launch Year: 2017

Headquarters: Hong Kong

Pros of Using Bexplus

  • Privacy - No personal details are requested when signing up (No KYC)
  • Easy registration - Only email verification is required
  • Flexibility - Long & short trades to earn profit whether the price goes up or down
  • Profitability - 100x leverage to 100x the earning
  • Fees - 100% transparent in a Profit/Loss Calculator
  • Smoothness - Quick execution with the smallest slippage
  • Beginner-friendly - A 10-BTC funded demo account to learn how to trade and practice strategies
  • Languages - English and 14 other languages
  • Multiple Devices - Windows, MacOS, Android, iPhone
  • Support - 24/7 Customer Service

Cons of Using Bexplus

  • Product variety - Only crypto trading pairs, no stocks, and oils futures
  • Available Regions - Does not allow traders from China / Cuba / North Korea / Spain

How to Register an Account

Unlike USA-based exchanges like Coinbase, Robinhood that will ask for your sensitive personal details like phone number and physical address, Bexplus does not require you to submit any documents to use its services. Exemption of KYC / AML procedures allow you to create a full-featured account just in 30 seconds, all you need to do is verify an email address.

For those who are concerned about their privacy, it’s recommended the use of a dispensable email address and the use of a Virtual Private Network (VPN).

How to Practice and Improve

A demo account is created for you when you have the trading account in hand. The demo account has a 10 BTC balance so that you can test bold and wild trading strategies. All trading operations are simulated in a sandbox environment where all prices are tequal to those on the real market.

Access to the demo account is integrated in the same website/app so you can switch between the real account and the demo at any time.

Bexplus also provides academy materials and 1-on-1 trading education if you need it. Be patient and make sure you have understood how to manage your insights and trade with them.

How to Deposit Funds and Withdraw Earnings

After registration, you will get two financial accounts: the trading balance and a wallet account. The funds you deposit will go to the trading balance. Just click on your username on the top-right corner, and you will see the Deposit button in the right sidebar.

Going into the Deposit page, there is a BTC wallet address which is used to receive your deposit. You can copy the address or scan the QR code with your own BTC wallet. Bexplus does not charge fees on deposits but the blockchain network will generally charge a very small fee for the transaction.

The minimum deposit amount is 0.001 BTC.

If you have no bitcoin in hand, Bexplus provides a gateway service called “Changelly ” to swap USD, EUR, and GBP for bitcoin. Changelly will charge you 0.25% as a service fee for exchanging the funds. You don’t need to register an account or provide anything to Changelly.

As described in the official website, your bitcoin is stored in offline cold wallets that are immune to online attacks. A cold wallet is not connected to the internet, so hackers are unable to get to it.

Once you have made a profit at Bexplus and want to withdraw, just locate the “Withdrawal” section in the same sidebar. Submit the desirable withdrawal amount, and the application will be sent to the financial department to review before your funds can be moved out of the cold wallets.

Users need to confirm their address via email to double-check the bitcoin address. The whole procedure usually lasts from 5 minutes to 1 hour. The withdrawal window is open 24 hours a day to make no obstacles to keep your cash flowing between different exchanges and wallets.

Tips to Trade and What Tools to Use

Market Shifts Are a Good Thing for Futures Trading

Market shifts are deeply loved by futures traders because traders can make profits through a short trade even in a bear market. While many people were losing money in the stock market plunge last month, some bitcoin traders were making profits by shorting bitcoin. As much more uncertainty is seen globally, market shifts are a secret path to make some profit online.

Fewer Margins, Higher Profits

Bexplus provides a 100x leveraged trading feature. A 100x leverage allows you to invest 1 BTC but enjoy the profits equal to 100x BTC investments. It amplifies price changes to 100x more. For example, if the price increases or falls by 1.25%, a 100x leveraged position in the right direction will be settled as a 125% change, meaning that your investments are empowered 100x.

Stop-loss Preset

A loss might happen if the price of bitcoin goes in the opposite direction of your trade. With Bexplus’ stop-loss feature, the system will automatically close the position when you’re asleep to secure your funds.

Bitcoin Hodlers Who Trade Less Can Make a Profit As Well

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High annual interest (APR). The annual interest offered by Bexplus looks very attractive compared to the rates of competitors: with Bexplus’s minimum interest being at 18%, while most services offer just 4-10%.

Fast withdrawals and no penalties for early withdrawals. Bexplus allows withdrawals at any time and manages all its requests within 1 day. No penalties for early withdrawals are used: investors are able to take their coins if they change their mind (and still receive the interest).

Low minimum deposit amount. Investors can make deposits starting from 0.05 BTC. Most lending platforms limit minimal amounts to 1 BTC.

Two-factor authentication and cold storage. Most of the bitcoins are stored in an offline storage system (cold storage), while only a small amount is kept in the hot storage. The platform uses multiple signature access, all the transactions are performed manually by several staff members.

Quick access to trading. Bexplus mainly is a trading platform, so if you want to trade your stored BTC transactions to the trading account is instant and has no commission fee.

Is it too good to be true? Apparently, these high-interest rates can beat almost all other investment products in the world, how could they be real? From the rules of the savings feature we can see why it can keep on running: (1) if the user does not trade after 30 days, the interest rate will drop to 3% which is quite reasonable; (2) leverage trading generates high profits, much more than spot trading to support such a promotion.

Conclusion

The most significant advantages of using Bexplus are its concise interface and the beginner-friendly demo account. Bexplus offers tools to balance high profits and risk controls to make use of 100x leverage trading. No KYC verifications keep Bexpus a safe harbor at a time in which some exchanges have records of leaking users’ personal data or even expose data to government agencies. The interest-bearing wallet service makes Bexplus stand out from all crypto futures exchanges.