Bitcoin continues to test new levels as highs, but, its volatility generates nervousness. What options does the crypto market have?
The price of Bitcoin has skyrocketed in the last two months. After consolidating at $10,000 for several months, the largest crypto by market cap rushed to crush a dozen psychological resistance as it reached $40,000 today.
That’s how Bitcoin has increased by over 380% in the last 12 months. And, with it, the value of the entire crypt currency market reached $1 trillion after the Bitcoin spike. Need more evidence that the Bitcoin Bull is a reality?
Everyone’s talking about the Bitcoin Bull
Once again, Bitcoin is one of the world’s main talking points. Driven by FOMO, more and more retail investors are daring to take a stand and pushing up the price of crypto.
However, such a Bitcoin Bull push may not be sustainable, many investors still vividly remember the boom and bust of 2017. In fact, some analysts have warned that breaking 50K or more may not be an easy task for Bitcoin.
Institutional Investors are the Key Support
A comforting comment from Bexplus‘ Director of Analytics, Justin Kwok, is that strong corrections are unlikely, as institutional investors are still building up Bitcoin and keeping it.
In fact, as evidence of this, three days ago Bitcoin Revolution scam fell below 30K, but buyers quickly intervened to protect the level. That’s because, if Bitcoin revisits $30,000 or lower, it would be an excellent opportunity for investors to buy low.
Still, many viewers are hesitant to join in for fear of the high volatility of Bitcoin. We have to understand that not everyone can hold out when the value of Bitcoin falls by 50%. But, we should also be aware that the high volatility of Bitcoin creates great opportunities.
Specifically, futures trading offers good opportunities to profit from Bitcoin’s rising and falling prices, making it one of the most popular instruments besides spot trading.
There are also opportunities in volatility and Bexplus offers them to you
Therefore, in Bexplus, you can invest in BTC, ETH, XRP, LOS and EOS perpetual contracts with up to 100x leverage. To illustrate, you can use 0.1 BTC to open a short (predict it will fall) or long (predict it will rise) contract worth 10 BTC.
For example, if we open the contract when Bitcoin is quoted at $12,000 and close it when it falls to $11,000, the profit would be ($12,000 – $11,000) * 100 BTC / $11,000 * 100% = 9.09 BTC, which makes the ROI 909%.
Easy registration without KYC
Crypto traders can create an account with email only and this process only takes a minute. No KYC protocol is performed during trading, so you don’t have to worry about information leakage.
100% bonus to help you maximize profits
The doubled margin helps you increase your profits! Deposit 1 BTC and you get 2 BTC. Up to 10 BTC’s are available on each deposit and you can withdraw all profits generated by the bonus. In addition, larger margins mean that your positions are less likely to be liquidated. Therefore, your positions will be better secured in the highly volatile market.
10 BTC for Demo Account
Bexplus is known to be a beginner friendly crypto exchange, so each user will get a demo account with 10 BTC’s upon registration. Therefore, users can explore futures trading with the demo account and learn how to analyze the market.
BTC Wallet: up to 30% annualized interest with no risk
In addition, Bexplus users can benefit from more than just trading. More specifically, you can join the Bexplus wallet to earn up to 30% annual interest without taking any risk.
With up to 30% annualized interest, it is undoubtedly one of the most profitable rates in the industry. While most lending platforms require traders to deposit at least 1 BTC, traders can make a deposit starting at 0.05 BTC into Bexplus.
Trade freely on Android and iOS
The first level Bexplus application integrates all the necessary functions and tools (real-time graphics, a variety of indicators, news alerts, etc.). This while maintaining a minimalist and intuitive interface.
Therefore, with the Bexplus application, you can manage your account anywhere and anytime you want. In addition, 24/7 notification will keep you up to date with major price movements, making it easy to secure your positions.
We can expect the road to a new record to be bumpy. However, we must keep in mind that as there is greater fluctuation, more opportunities arise in the crypto market.
That’s how in Bexplus, you can profit from this Bitcoin Bull no matter which way the crypto goes. If you hope to take advantage of these opportunities, don’t hesitate to join Bexplus now!