News

Bitwells Launches 100x Leverage to Facilitate Crypto Trading on Its Platform

Victoria, Seychelles – (NewMediaWire) – June 29, 2022 – Bitwells has
launched a 100%
deposit Benefits
promotion to all traders to facilitate
crypto trading. If a user deposits 1 BTC, 2 BTC will be credited to their
account. Every user can get up to 10 BTC for each deposit.

Bitcoin’s high
volatility has made a comeback and currently presents more opportunities for
traders to make profits. Taking advantage of the price swings and leverage
offered by brokers, trading can easily generate good returns.

It is important to
point out that only traders who know what they are doing can get these returns
consistently. Because leveraged trading is both high-yield and high-risk.

How Does Leveraged Trading Work?

Assume 1 BTC is used
to open a long contract when Bitcoin is trading at $20,000. Please note that
with 100x leverage, 1 BTC can open a contract worth 100 BTC.

One day later, the
price of Bitcoin increase to $25,000.The profit will be (25,000 – 20,000) * 100
/ 25,000 = 20 BTC.

Now, with Bitwells’
100% deposit benefit, the initial investment would be 2 BTC, and the realized
profit made with these 2 BTC will be 40 BTC.

With leverage, it’s
important to be vigilant, as returns can be outstanding, but liquidations are
easier if the price moves down.

Why choose Bitwells?

Bitwells is a
reputable crypto derivatives platform offering 100x leverage in BTC, ETH, LTC,
EOS and XRP futures contracts. Registered in the Seychelles and jointly
developed by Internet experts, cryptocurrency traders, and financial
professionals, Bitwells is trusted by over 300K traders around the world. No
KYC, traders can receive the most attentive services, including 24/7 customer
support.

No KYC

No KYC protocol is
strictly carried out throughout every process. Registration only requires email
confirmation and only takes a minute. Bitwells provides services to traders
from most countries, including the USA, Japan, Korea, and Iran.

Profit on Long & Short

Users can either buy up (go long) or sell
down (go short), which means that they can take profits whether the market
rises or falls. What’s more, they have 100 times leverage to magnify their
profits.

Demo account with 10 BTC

To help traders
better familiarize themselves with leveraged trading, Bitwells has launched a
trading simulator. There are 10 replenishable BTC in the demo account for traders
to practice as much as they like, without taking any risks. Users can also
learn to analyze the market and use the tool-kit with the demo account.

24/7 withdrawal and 24/7 customer
support

Users can submit a
withdrawal request anytime they want. They can have their deposits back in as
fast as 10 minutes during work hours. If they encounter any problems when using
Bitwells, they can contact customer support via different channels, such as
e-mail and live chat.

Intuitive
and full-featured App

The top-ranking
Bitwells app helps better manage the account. With the 24/7 notification, a
user can stay updated with the market. All data and assets can be accessed
through all kinds of devices including desktops, mobile phones, and tablets.
Download the Bitwells APP from the
Apple Store and Google
Play
.

What can be done with the extra deposit?

The extra deposit is
not withdrawable, but traders can use it as margin to open bigger positions and
take more profit. Profit made with the extra deposit is withdrawable. Besides,
with a bigger margin, traders’ positions are less likely to get liquidated when
there are huge price swings. Users might miss the opportunity to buy cheap
Bitcoin, but they can still make handsome profits with the revival of Bitcoin.

Click Here (https://bit.ly/3yt5fzL) to Join Bitwells and get a DOUBLE DEPOSIT.

Media Contact

Brand: BITWELLS

Contact: Jeniffer Butler

Email: business@bitwells.com

Website: https://www.bitwells.com/

SOURCE: BITWELLS

Source link

Show More

Related Articles

Back to top button