Which countries support BTCEX
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BCTEX Welcome BonusWe’ve partnered up with BCTEX and we are allowed to give our readers a special welcome bonus. Whenever you use our link you can trade up to 1000 EUR without any commission. This makes the platform cheaper than it already is.A platform for fast exchange and cryptocurrency trading with a simple registration procedure. More than 150 cryptocurrencies are available to traders with dynamic commission..
For instance, let’s say that you have 100 USD in your trading account and you bet this amount on BTC going long (i.e., going up in value). If BTC then increases in value with 10%, you would have earned 10 USD. If you had used 100x leverage, your initial 100 USD position becomes a 10,000 USD position so you instead earn an extra 1,000 USD (990 USD more than if you had not leveraged your deal). However, the more leverage you use, the smaller the distance to your liquidation price becomes. This means that if the price of BTC moves in the opposite direction (goes down for this example), then it only needs to go down a very small percentage for you to lose the entire 100 USD you started with. Again, the more leverage you use, the smaller the opposite price movement needs to be for you to lose your investment. So, as you might imagine, the balance between risk and reward in leveraged deals is quite fine-tuned (there are no risk free profits). Pros and Cons of BCTEXRegulation.
2. convenient functionality of a multicurrency wallet;..
7. Low deposit and withdrawal feesThe BCTEX exchange platform was established by crypto experts who have deep knowledge of crypto trading platforms and expertise in digital assets. A blockchain investment firm is also a supporter of this trading platform..
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To find a reliable exchange where you can start an account, just use our Exchange Filters and we'll help you find the right platform for you.2. Insufficient liquidity due to low transaction volume
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BCTEX Ltd.https://bctex-inc.com
he BCTEX exchange started operating in 2021 with a simple purpose: to make cryptocurrency accessible to everyone, anywhere in the world, by realizing the importance of cryptocurrency and understanding its role in the key of exchange to the cryptocurrency ecosystem.BCTEX's multi-asset collateral and multi-asset settlement options allow for greater flexibility in futures trading. Traders can choose between cross and isolated futures wallets for better risk control. Additionally, sub-accounts are available to all users who require solid risk management and a range of order types including stop-loss, trailing stops, and take profit.
BCTEX offers basic spot trading and plans to add advanced spot trading as well as what seems like Futures contracts. A BCTEX exchange review also reveals that they have a token of their own, namely the TigerCash (Ticker symbol: TCH) token – an ERC20 token used on the BCTEX platform. It is not to be confused with Thore Cash (Ticker symbol: TCH).