There’s one key strategy that guides businesses into margins and profits. And its the risk management. And, while risks are ever unforeseen, there are strategies with significant levels of certainty to benefit traders all along.
One robust platform – BTCC is taking traders’ expectations a notch higher by offering derivative products. Luckily enough, the shift towards derivatives for the crypto-sphere is the current and living trend. The crypto-enthusiasts have only grown wiser all along.
Here are the Values That BTCC Brings to the Table
First is the Platform expertise and security. BTCC is almost as old as Bitcoin. Founded in 2011, it’s nine years, and the team is still going strong. Their establishment of the UK branch of offices is a crucial milestone towards sharing the much required global value positioning and outreach.
A clear affirmation of the values and benefits with BTCC is the catalyst to the rising uniquely in popularity and coverage. The steering team is keeping tabs on the virtue of security within the entire crypto-sphere.
BTCC has had more efforts to channel towards system security, away from the internet’s noisy exchanges blowing their trumpet. It’s been a record achievement, with almost a decade without any reports of security breaches with the platform.
Online Platform Security is an area where many have failed.
Ana Alexandre writing via the Cointelegraph shares saddening results pointing towards 80% of all ICOs floating within the boom of the year 2017 as scams. The article further shares inference where one year on, 247 coins were dead, and $1.31 billion lost to scammy ICOs. BTCC has weathered all these storms.
Second, BTCC is a favorite when it comes to margin leverage. It’s rare to come across a platform going over the 100X mark. However, BTCC has a more flexible customer focus with leverage upwards to the 150X mark.
If you are new to this, in better words, BTCC allows you to stake upwards to an extra 50X when you make a comparison against other platforms. So, your account has a higher probability of earning similar margins(50X your contribution) in instances where other platforms would have a cap to your earnings.
Third, to create a robust, yet accommodating platform, BTCC has a flexible offering. It covers virtually every customer type out there. If you are a scalper, opting for weekly positions, BTCC hosts you under the daily and weekly futures contracts. Marathoners in the house are best within the perpetual futures contracts.
As of March 2019, BTCC launched the very initial perpetual contract while the daily volumes in trading went past the 1,200 Billion USDT mark.
BTCC is open, and you can join the 20,000 plus official community members and our 100 plus cooperation agencies around the globe.
Steps to Open an Account with BTCC, Make Deposits and Qualify for 2,000 USDT Deposit Bonus.
Onboarding with BTCC is one of the easiest among many platforms. With least Know Your Customer (KYC) requirements and in solidarity with the overarching-theme of fostering a robust yet free crypto-sphere.
- Open an account with BTCC. It takes you less than a minute.
- Provide your email address and or mobile phone contact.
- Make an initial deposit of not less than USDT 500 into your trading account.
- BTCC will top up your account with a deposit bonus amounting to USDT 2000 or approximately 2,003.00 US-Dollars.
BTCC and Cold Storage for Digital Assets
Users on BTCC, apart from taking part in derivative trades, are also open to benefits from the MOBI wallets. Digital-assets in the wallets are secure with cold storage mechanisms- no internet connection which allows hackers to dig away and transfer without your authentications.
More so, MOBI wallets have a bolstering where the server backups are geographically littered.
Mobi wallets have a mechanism that runs regular phases of audits to ensure security protocols align to the standards meeting and exceeding globally set benchmarks.
Sums of money within a MOBI wallet by BTCC are safer when unlike those in self-hosting wallets.
BTCC works with Tether (USDT) as the base cryptocurrency. USDT ranks among the top five cryptocurrencies as ranked by Coingecko in August 2020.
You May Ask Why BTCC Uses Tether (USDT)?
System base currencies matter. The reality within the Crypto-space is, Bitcoin has scalability problems deriving from the original blockchain.
Over time, altcoins have risen seeking to provide alternative blockchains without any scalability bottlenecks. More or less, borrows from the concept with lightening networks and the side-chains with Ethereum Dapps.
Reap the Best with a BTCC Account
Clients, clear value-chains, and system security are a winning trio for speculators. And, BTCC is keen to maintain and upscale the same.
When you join us, jumpstart your potentials by following us on Twitter, where you get the latest news, contest, and chances up for grab now and then.
Practical Strategies for Trading Crypto Futures Contracts
There are three most popular and deployed strategies for speculators in Bitcoin futures markets. Coincidentally, they are the simplest.
Going Long Bitcoin on Futures
Goin long applies to the buying of Bitcoin futures contracts. Pick a contract that suits your expectations regarding expiry time. For instance, expiry floats as:
And, if your speculation is right, the price rise will allow you to sell the futures at a profit.
Going Short on Bitcoin Futures
Selling futures also refers to going short. Luckily, to participate in the sale, you must not own Bitcoin either would you be making any physical deliveries.
When you have in place a contract to sell Bitcoin futures, and luck to coincide with a drastic fall in prices, you will be in profits.
Day Trading on Bitcoin Futures
Day trading on Bitcoin futures is a combination of the going long and short strategy.
It suits traders whose target is to open and close position within short timespans—tentatively aiming to make a small portion of earning as they close their positions.
The reality is that Bitcoin is volatile. Traders who open and close positions within the daily span, otherwise known as scalpers can hedge against massive shifts that may take place while the positions are left unclosed.
Learning to day-trade is not hard if one commits to scale up the initially stiff learning curve. Moreso, one should be clear regarding the psychological requirements for trading.
Never open positions recklessly, take time to calculate the commitments vis a vis of the return or loss expectations.
Established speculators rule that all open positions must close by the end of a day, else you’ll not be doing day-trading.
Opportunities exist all around us. To take advantage, combine the right experience, current mind-set, and timing for you to pounce on the opportunities.
BTCC allows traders the speculation opportunity against the volatile and true nature of derivative products. Taking time to learn the ropes should bring you up to speed as a pro-trader. With time, you master the trade of staking, leveraging, opening, and closing positions profitably on the BTCC platform.
On the same, do not let the Tether giveaway by BTCC slip away as you watch. If it’s not suitable for you, care for others, and mind them by sharing this offer, whatever way you can.
How can newcomers benefit from the offer?
It’s best to take the opportunity and keep the deposits for a reasonable time when their knowledge and expertise get top-notch. Best, don’t let it slip away without your action. Remember, ultimate success and winning are the fruition of taking action, and not sitting without doing anything.
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