Earn BTC – Trade Bitcoin Futures instead of BTC Spot
After the super bull in late 2017 and early 2018, it seems to be difficult for Bitcoin to skyrocket again and break the All-time high of around $20,000. Instead, it experienced huge ups and downs in past 2 years. The bitcoin halving, which is considered as a bullish event, didn’t push Bitcoin price to stay above $10,000 either. It disappointed “hodlers” a lot and bloom the Bitcoin Futures market.
Why is Bitcoin Futures More Profitable?
Bitcoin futures contracts are known as instruments to hedge loss in the spot market, for the ability to long or short the BTC price.
For example, if you predict that BTC price will decline in the near future, you can short/sell bitcoin to hedge the loss in spot trade (if you hold Bitcoin), and earn more BTC with leverage.
Leverage is also the key feature of futures trading. As we know that the volatility of the crypto market is huge, cryptocurrency can increase or decrease 15% or even 50% within a single day. With leverage, we can invest a small amount of money to open a larger position, and amplify the profits if bet on right direction.
Bitcoin Futures V.S. BTC Spot Trade
Now imagine that you invest 1 Bitcoin separately in Spot Trade and Bitcoin Futures Trading with 100x leverage, when BTC prices at $9,000.
Trade in uptrend
If Bitcoin surges to $10,000, you will get:
- Spot Trade PROFIT is ($10,000 – $9,000) = $1,000
- BTC Futures (100x leverage) PROFIT is ($10,000 – $9,000)/$10,000*100% = 10 BTC = $100,000
Trade in downtrend
If Bitcoin declines to $8,000, you will:
- Spot Trade: LOSS is ($10,000 – $9,000) = $1,000
- BTC Futures (100x leverage)
- Short BTC and get PROFIT: ($9,000 – $8,000)/$8,000*100% = 12.5 BTC = $100,000
As you can see, if you prefer short-term trades, bitcoin futures with 100 times leverage will bring you much more profits. If you go short BTC (predicting price down), you can also earn money in futures trading. However, in spot trades, price falling will only lead to loss.
Where to Trade 100x Leverage BTC Futures Contracts?
Many exchanges out there in the market that provides crypto futures trading, but few of them provide 100x leverage.
Bexplus is world-leading cryptocurrency futures exchange, offering Bitcoin, Ethereum and Litecoin, XRP and EOS perpetual contracts with 100x leverage. New traders in BTC futures trading area prefer Bexplus because of its user-friendly and well-designed trading interface. It also provides trading simulator with 10 BTC preset for new traders. Beginner can try to trade BTC futures contracts with 100x leverage without losing money.
Why trade on Bexplus?
- Perpetual contracts with No expiration. Buy or sell the order any time you want.
- No spread. Open or close the position at the precise prices you like.
- Up to 100x leverage. Gain 100% profit on 1% price movement.
- Professional trading app for Android and iOS devices.
- Ultra-fast and simple withdrawal process.
- Cutting-edge security features including two-factor authentication, cold wallet and much more.
- High liquidity. All orders will be executed immediately with low latency.
- No system downtime during strong market volatility.
Get 100% Free BTC Bonus in Bexplus
Deposit BTC in your account, you will get 100% free BTC reward. For instance, if you deposit 10 BTC in, you will get 20 BTC in total credited in your account.
More: https://www.bexplus.com/activity/cash_back
If you’re a skilled trader, bitcoin futures look like a viable alternative to BTC spot trades based on the current market trend. Trade BTC futures and make greater fortune!
