Increase Your Profit Potential With Margin Trading | Promoted Bitcoin News – Bitcoin News

Spot trading is a popular way for investors to access the crypto market in a straightforward manner. Its mainly fiat-to-crypto trading, as well as crypto-to-crypto trading. Its simple, you get a crypto wallet, you buy a token with fiat currencies, and then once the price has increased, you sell the asset and make a profit.

Well, imagine you dont have enough for the trade youre looking towards leveraging. With margin trading, the trading platform allows you to open a position that is larger than the balance of your account. Essentially, this allows people, or traders to access an amount of funds to increase their order, which then effectively means they boost the gain from a profitable trade. In essence, youll be maximizing your potential gains, allowing you to open a larger position than you would normally allow within your account.

With margin trading, youre effectively boosting your gains from market swings, opening up your trading horizons, and letting you, the trader, explore new trading opportunities and strategies. This then allows you to use leverage for the short, or long term gains on a variety of cryptocurrencies, giving you a bigger earning potential compared to spot trades.

Lets all assume that the price of Bitcoin Cash (BCH) is equal to USDT1000 and a trader thinks, and feels that it will rise in the future. However, the trader only has USDT100. The amount the trader has wont limit him from amplifying his potential gains with margin trading. The trader can use the maximum 10x leverage provided by Bitcoin.com Exchange to open a USDT1000 long position (traders USDT100 was multiplied to 10). Now lets assume that during the next few hours the price of Bitcoin Cash rocketed by 10% to USDT1000. The trader decides to close this profitable position and realizes a positive Profit & Loss of nearly USDT100 (you need to take into account the fees and paid Interest Rate Check out the Fee Page). If the trader opened this position without the leverage he or she will only see USDT10 gain, because the positions value would be equal to the traders balance of USDT100.

Bitcoin.com Exchange provides one of the leading Margin Trading platforms in the industry, giving users the opportunity to trade borrowed assets. This means that clients now can open Long and Short positions on a variety of cryptocurrencies by up to 10x leverage. Those who use Margin Trading can amplify their potential profit depending on the selected leverage for 29 markets as seen below:

Enjoy up to 10x leverage on: BCH/USDT, BTC/USDT, ETH/USDT, XRP/USDT, ETH/BTC, BCH/BTC, XRP/BTC, TRX/USDT, LTC/USDT, EOS/USDT,XMR/USDT, ETC/USDT, ADA/USDT, TRX/BTC, LTC/BTC, ETC/BTC, ADA/BTC,XMR/BTC, EOS/BTC.

Up to 5x leverage on: ZEC/USDT, DASH/USDT, VET/USDT, DOGE/ USDT XLM/USDT, ZEC/BTC, DASH/BTC, XLM/BTC, DOGE/ BTC, VET/BTC.

So what are you waiting for? Take advantage of added leverage to boost your potential gains today, with Bitcoin.com Exchange.

Please consider that margin trading has several risks due to cryptocurrency price volatility and product complexity. We advise you to exercise carefulness and attention. Bitcoin.com provides high liquidity, 24/7 multilingual support, and dozens of trading pairs complemented by high security, but we are not responsible for your financial losses during trading activities.

This is a sponsored post. Learn more on how to reach our audience here. Read disclaimer below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Original post:

Increase Your Profit Potential With Margin Trading | Promoted Bitcoin News - Bitcoin News

Related Post

Comments are closed.