Emily Walker
Experience a Fresh Approach to Digital Asset Trading with BexBack
BexBack Exchange is revolutionizing the cryptocurrency space by providing global investors with unique features like an impressive 100x leverage, no slippage, and a trading experience without KYC requirements. To encourage newcomers, BexBack is offering a dual rewards system: a 100% deposit match bonus along with a $50 welcome bonus, making it easier for users to start exploring crypto trading.
Maximize Your Investment: Double Deposit Bonus for New Users
To instill confidence in new traders, BexBack has introduced a 100% deposit bonus. By registering and making your first deposit, you can receive an equivalent bonus. For instance, if you deposit $500, that’ll be matched with an extra $500, raising your total account balance to $1,000. This additional amount enhances your trading capabilities and allows you to navigate market changes more effectively.
What You Can Achieve with the Deposit Bonus
- Boost Trading Potential: The matched deposit doubles your available margin, letting you engage in larger trades and potentially create higher profits. A larger margin also lowers your risk of liquidation.
- Use Capital Flexibly: While the bonus cannot be withdrawn, any profits generated from it can be freely accessed, allowing you to capitalize on market opportunities while keeping your winnings flexible.
Complete Your First Trade and Claim Your $50 BTC Welcome Bonus
BexBack also presents a $50 welcome bonus. After your initial trade, just send an email to [email protected] to receive your $50 BTC reward. Although this bonus isn’t withdrawable, it can minimize losses, providing additional assurance as you embark on your trading journey. It’s a great safety net for both newcomers and seasoned traders alike.
Why Choose BexBack? Key Benefits Include High Leverage, No Slippage, and No KYC
BexBack stands out through not just bonuses but also practical features that enhance user experience:
- Leverage of Up to 100x: Perfect for short-term traders, this leverage enables significant gains from smaller investments.
- No Spread & Zero Slippage: Enjoy precise order execution at market rates without unexpected costs, ensuring a reliable trading experience even amid market volatility.
- No KYC Requirements: Users can trade without tedious verification steps, maintaining privacy and making the onboarding process smooth for those who value efficiency.
- Mobile Accessibility: Trade seamlessly across web, Android, and iOS platforms for trading flexibility anytime and anywhere.
- Risk-Free Demo Account: A resettable 10 BTC demo account offers a great opportunity for beginners and traders to hone their skills and explore strategies without risk.
- 24/7 Dedicated Customer Support: With continuous support, users can receive assistance whenever needed, ensuring a worry-free trading environment.
Understanding 100x Leverage Usage at BexBack
Imagine a trader opens a long position of 10 BTC using 0.1 Bitcoin at 100x leverage, starting at an open price of 30,000 USDT and closing when the price escalates to 33,000 USDT.
Calculating the total profits: Contract Value * (Close Price – Open Price) = 10 * (33,000 – 30,000) = 30,000 USDT.
When converted to Bitcoin: Profits / Current Bitcoin Price = 30,000 USDT / 33,000 USDT = 0.90909091 BTC.
The service fees for opening and closing positions would each be calculated as: Contract Value * 0.075% = 0.0075 BTC, totaling 0.015 BTC for both.
The net profit can be calculated as: (Profit – Service Fee) / Margin Used = (0.90909091 BTC – 0.015 BTC) / 0.1 BTC = 894.09%.
If the price falls to 27,000 USDT, the trader risks losing similar amounts, but they can also profit by shorting the crypto when prices decrease.
About BexBack
Founded in May 2024, BexBack is a notable cryptocurrency derivatives platform that operates under the US MSB (Money Services Business) license and is situated in Hong Kong, with additional branches in Singapore, Japan, the USA, Mexico, and Brazil. In just six months, BexBack has gained the loyalty of over 100,000 users from more than 200 countries, providing perpetual contracts for various cryptos including BTC, ETH, SOL, XRP, and ADA, all with enticing leverage options.
Join BexBack Today for a Distinctive Trading Experience
If you’re new to trading or searching for a platform with excellent leverage, no slippage, and no KYC requirements, BexBack is your ideal choice. Sign up now to claim your exclusive new user bonus. Discover a cutting-edge era of digital asset trading tailored for you by BexBack!