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Bitcoin Plummeted by 20% A Day, Someone Still Makes More Than 2000% ROI

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The cryptocurrency market has been fighting a dangerous typhoon recently. Bitcoin (BTC) opened the day at the price of $53,611 on December 4 but fell as low as $42,038, a drop of more than 20%. In other words, if you buy a Bitcoin spot for $53,611, your assets could shrink by 20% in a day.

Bitcoin Plummeted by 20% A Day, Someone Still Makes More Than 2000% ROI 1

However, some people in the market took advantage of this plunge to earn more than a 2000% return. How did they make it? If you want to know the answer, you have to understand one of the most popular investment methods at present:100 times leveraged futures trading cryptocurrency.

What Is the Difference Between It and the Spot?

The traditional spot can only buy up and wait for the rise to make a profit. With 100 times leveraged futures trading, you can either buy up (go long) or buy down (go short), which means that you can take profits whether the market rises or falls. What’s more, you have 100 times leverage to magnify your profits.

How 100x Leverage Works?

With 100x leverage applied, traders can invest 1 BTC to open a position worth 100 BTC by going long (predicting BTC price will be up) or going short (predicting BTC price will be down). If we use 1 BTC to open a short perpetual contract at the price of $53,600 and close it when Bitcoin is trading at $42,000, our profit will be ($53,600- $42,000) * 100 BTC / $42,000 ≈27.6 BTC, making the ROI of 2760%. 

Recommended 100X Leverage Trading Platform

Bexplus is a leading crypto derivatives trading platform offering 100x leverage futures trading on various trading pairs: BTC, ETH, ADA, Doge, XRP, etc. Bexplus doesn’t require KYC and is popular among over 800K traders from 200+ countries/regions. In addition, the platform is safe for being accredited by MSB (Money Services Business).

Other Remarkable Benefits

100% Deposit Bonus

Bexplus offers a 100% bonus for every deposit, with which you can open bigger positions and gain more profits. Deposit 1 BTC, and you will get 2 BTC credited to your account. Every user can get up to 10 BTC for each deposit. (Bonuses are not withdrawable, but the profit obtained with the bonus can be withdrawn.)

Bexplus BTC Wallet

When you are not trading, you can transfer your Bitcoin to the interest-bearing wallet and enjoy up to 21% annualized interest without any risks, which is no doubt one of the most profitable rates in the industry.

A Demo Account with 10 BTC

A demo account with 10 replenishable BTC offered by Bexplus can help you better familiarize with leveraged trading and practice trading without taking any risks.  You can also learn to analyze the market and use the tool-kit with the demo account.

24/7 Withdrawal and 24/7 Customer Support

You can submit a withdrawal request anytime you want and have your deposits back in as fast as 30 minutes during working hours. Contact customer support via different channels like e-mail and live chat if you encounter any problems.

Mobile APP

With the Bexplus App, you can manage your account and trade anywhere and anytime. It also integrates other tools like real-time charts, news alerts, etc., which are your capable assistants in trading. Download the Bexplus APP on the Apple Store and Google Play.

Register on Bexplus and get a 100% deposit bonus now.

Disclaimer. This is a sponsored post. Cryptopolitan does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. Cryptopolitan is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this sponsored post.

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