Advantages & Disadvantage of trading with BCTEX
👍 Advantages of trading with BCTEX:BCTEX cryptocurrency exchange offers a full range of opportunities for the comfortable trading of cryptocurrency and crypto-fiat pairs in any region of the world. A convenient trading terminal, the availability of a mobile app, a large number of assets, and profitable investment solutions make the platform attractive for traders of all levels. In addition, there are low trading fees..
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).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)..
The exchange does not have a minimum deposit requirement, re 1. the crypto exchange does not provide demo accounts and training guides for beginners (except for a basic FAQs section on working with the platform);BCTEX is a OTC cryptocurrency exchange and professional derivatives trading platform . BCTEX stands for Bitcoin Mercantile Exchange. It focuses primarily on advanced investors and seasoned traders who are familiar with the concepts of leveraged tokens and margin trading..
BCTEX Disadvantages.7. A referral program and payment of the annual interest for staking the TIME token..
BCTEX traders can directly get 8% of the follower's profit as a profit share. Profit settlement is settled everyday..
John Doe
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We are available for iOS (Apple Store), Android (Google Play), and Web (through http://bctex-inc.com).
Summary: Hello, I allow myself to communicate to you the last concerns, the scam and the theft that I have just suffered on BCTEXExchange and by BCTEXin order to alert you to this Exchange of thieves, a nice scam. So never buy coupons from them. These coupons give you additional % on earn or staking. You can earn too muchThe platform offers standard security measures, including identity verification, trading passwords and anti-phishing phrases.
ConsThe BCTEX cryptocurrency exchange is a platform for cryptocurrency trading and exchange. Bitcoin, Tether, Dash, Monero, Tron, and dozens of other cryptocurrencies and tokens are traded on this exchange. The platform has its proprietary trading terminal, there is a high-quality support service operating twenty-four/seven.
5. deposits into the site's coin base with lucrative bonuses;
Spot and derivatives trading