BCTEX provides free and almost instant deposits and withdrawals using Faster Payments ServicesYou can also buy crypto instantly using a Visa or Mastercard..

Unlike fiat withdrawals, withdrawing cryptocurrencies are subject to certain transaction fees depending on the cryptocurrency used in trading. Note that, irrespective of the trading volume and deposit methods, crypto deposit at BCTEX is free of cost..

BCTEX profileBenefits.

Maker fee =.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)..

LanguagesBCTEX Global is one of the world's leading cryptocurrency exchanges. Currently serving more than two million users across 50 countries, BCTEX accelerated its mission to promote decentralised finance in 2022 with a 600-strong workforce spanning over twenty countries..

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