With Bitcoin recently surpassing the $120,000 mark and maintaining stability above this level, analysts anticipate that the cryptocurrency market will remain in a high-volatility phase for the foreseeable future. In such conditions, holding spot positions may not deliver short-term gains as readily. BexBack Exchange has introduced a package designed to support traders in navigating these market dynamics. The platform now offers a 100% deposit bonus, a welcome bonus for new users, and up to 100x leverage on cryptocurrency trading.
What Is 100x Leverage and How Does It Work?
In trading terms, 100x leverage allows a trader to control a significantly larger position with a relatively smaller amount of capital. For example, if Bitcoin is priced at $100,000 and a trader opens a long contract with 1 BTC using 100x leverage, the effective position size becomes 100 BTC. If the price increases to $105,000, the gain would be calculated as: (105,000 - 100,000) × 100 BTC / 100,000 = 5 BTC, resulting in a 500% return.
With BexBack’s deposit bonus, if a user deposits 2 BTC, the total position size could increase to 10 BTC, further expanding potential returns.
Note: While leverage can magnify profits, it also increases potential losses. Effective risk management is essential to avoid liquidation..
How Does the 100% Deposit Bonus Work?
BexBack provides a 100% deposit bonus that is not withdrawable but can be applied toward opening larger trading positions. The bonus also serves as additional margin during market fluctuations, which may help reduce the risk of position liquidation.
About BexBack
BexBack is a cryptocurrency derivatives platform offering up to 100x leverage on BTC, ETH, ADA, SOL, XRP, and more than 50 other futures contracts. The company is headquartered in Singapore, with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina, and is licensed under US MSB (Money Services Business) regulations. The platform reports serving over 500,000 traders globally, including users in the United States, Canada, and Europe. BexBack does not charge deposit fees and provides customer support 24/7.
Key Features of BexBack?
- No KYC Requirement: Users can begin trading without completing identity verification.
- 100% Deposit Bonus: An additional bonus equivalent to the deposited amount, usable for trading purposes.
- High-Leverage Trading: Up to 100x leverage available on supported cryptocurrency contracts.
- Demo Account: Includes 10 BTC and 1M USDT in virtual funds for practice trading.
- Comprehensive Trading Options: Platform available on both web and mobile applications.
- Order Execution: Designed to minimize slippage and spread.
- Global Support: Customer service available 24/7.
- Affiliate Program: Offers commission-based incentives for referrals.
Participation Details
BexBack offers up to 100x leverage, a 100% deposit bonus, and a $50 welcome bonus for new users who deposit more than 0.001 BTC or 100 USDT and complete at least one trade within one week of registration.
Sign up on BexBack, claim your exclusive bonuses, and begin building your wealth today!
Website: www.bexback.com
Contact: business@bexback.com
Name: Amanda
Disclaimer: This content is provided by BexBack. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.
