Margin trading in the crypto market means buying cryptocurrency with more than the sum of that kind of crypto assets that you have, just like you can do with stocks. This is possible thanks to the lending market known as leverage, which also works for cryptocurrencies.
Easy to Make Money with BTC Margin Trading?
Recently, BTC price, as well as other cryptocurrencies, show great fluctuation. Margin trading might be the only way to profit from this price “ups and downs”. Besides, Margin trading also enables you to open a position with leverage to increase your buying power and profits. Suppose you have 1 BTC at hand, with 100x leverage, you can open 100 BTC positions to long or short BTC price. If you bet on the correction market direction, you may make 100% profits with only 1% price fluctuation.
Try BTC Futures Trading with 10 Free BTC in Bexplus
Similar to BitMEX, Bexplus is also a popular cryptocurrency futures exchange, offering Bitcoin, Ethereum and Litecoin perpetual contracts with 100x leverage. New traders in BTC futures trading area prefer Bexplus, for its easy-to-use interface and user-friendly trading simulator with 10 BTC preset. Beginner can try to trade BTC futures contracts with 100x leverage without losing a penny.
How to Trade BTC Futures Contracts with 100x Leverage?
- Register in Bexplus with email. After registration, sign in your account with email address and password. You’d better set Google 2-step verification to secure your account.
- Click Exchange and switch to trading simulation mode, you will find 10 BTC in the account balance.
- Select trading pair BTC/USDT, ETH/USDT or LTC/USDT on the top of the interface. The minimum trading volume is 0.1 BTC, 1 ETH, and 10 BTC.
- Enter the trading volume and click Buy/Up or Sell/Down to choose long or short BTC, ETH or LTC.
- For example, if you buy/up BTC at the price of $5,250 with 1 BTC, when it rises to $5,500 again, you will get 1 BTC*($5,500-$5,250)/$5,250*100% = 4.76 BTC.
- If you sell/short BTC at the price of $5,250 with 1 BTC, when it drops to $5,000, you will earn 1 BTC*($5,250-$5,000)/$5,250*100% = 4.76 BTC.
- In the Hold order column, you can set stop-profit and stop-loss points to control the risks.
Join Bexplus Latest Activities to Earn Free BTC
Get 100% Free BTC Bonus
Deposit BTC in your account, you will get 100% free BTC matches your balance. You have chance to get 10 BTC in a single time.
Up to 50% Invitation Referral Reward
Invite friends to register and trade in Bexplus, you can earn 10%-50% of your invitees’ each deposit instantly. It will be counted with BTC and directly credited in your account.
Margin trading in cryptocurrency isn’t something you can start doing overnight. A trader should carry out extensive research about the market and digital assets before betting with borrowed money. If you want to try but are not familiar with it, you can try with trading simulator and enjoy private investment consultant service in Bexplus.
Follow Bexplus on:
For Business cooperation: [email protected]
This is a paid press release. Do your own research related to the promoted company or any of its affiliates or services mentioned in the press release. Coingape.com does not hold any responsibility for your damage or loss.
This author could be anybody, but he/she is not a member of staff coingape.com and opinions in the article are solely of the guest writer and do not reflect Coingape’s view.