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).You can contact BCTEX support team by using the widget on the website: http://bctex-inc.com.

1. the most popular cryptocurrencies and tokens are traded on this exchange;The fees charged by BCTEX are lower than the industry average. When spot trading, you pay 0.10% per order. When contract trading, you pay 0.06% if you are a taker and 0.04% if you are a maker. Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. It is common that exchanges charges makers less, as a way to incentivize orders that create liquidity in the market..

Intuitive interface (even for beginners). 👍 Advantages of trading with BCTEX.

.3) Security, compliance and protection: BCTEX is one of few crypto exchanges that has been licensed by multiple authorities. You can trade on BCTEX without any worries of the exchange being shut down due to regulatory issues, since they are compliant with various regulatory bodies. The exchange also offers next-gen security and a protection fund of 1,000 BTC in case any hacks or breaches occur..

7. Security. Account and wallet protection methods protect against hacking and reduce the effects of Distributed Denial of Service (DDoS) attacks..

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