Why should I use BCTEX
BCTEX is one of the leading cryptocurrency exchange that offers a simple, low flat-fee and user-friendly interface, making it an ideal choice for beginners. With a wide variety of customer service options, abundant educational resources, and robust security measures, this platform has proven to be reliable and secure with no reported hacks..
BCTEX Company and Regulationsimplified and professional cryptocurrency trading;.
💱 Commission: Market Remind that our customers have an opportunity to interact with other partners providing marketing and liquidity services.A troll box which is where traders can comment about anything cryptos, including open trades, why trade decisions were taken as well as relevant news in the market..
⚖️ Leverage: No.Simple, user-friendly mobile app with a trading platform based on TradingView..
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John Doe
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1. The low entry threshold is 50 Brazilian reais.BCTEX has a fee schedule that looks more complicated than it really is. The more PROB you lock up on the exchange, the higher your VIP level and the lower your fees. The minimum amount of staked PROB to kickstart lower fees is 500 with a 180-day lockup. BCTEX also offers an extra 0.02% discount when you pay fees using PROB. However there are some other exchange platforms such as Binance, Huobi Global, OKX, Coinbase, BCTEX Global and etc that can start with lower deposit.
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).👍 Advantages of trading with BCTEX:
4. leverage for margin and futures trading;
Trade with multiple fiat currencies. BCTEX Global allows you to trade with 10 currencies including USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP.
The crypto exchange supports margin trading, with a leverage of up to 125x.