Is it safe to trade on BCTEX
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Found Country.
Likewise, this platform provides agile operation and its security protocols provide clarity and trust, where the development of the service is applied to different sectors of the cryptographic community, which makes it a platform suitable for commercialization. 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.4. Business accounts help organizations set up their proceedings..
.About BCTEX.
BCTEX Global is one of the most secure cryptocurrency exchanges out there. Security is its main selling point. The platform is easy to use. If your crypto trading is mostly in popular currencies such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, or Zcash, you'll probably enjoy using BCTEX Global.Strengths of the exchange.
John Doe
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Currently, there are 187 coins and 304 trading pairs available on the exchange. Upbit 24h volume is reported to be at ,162,368,789.06, a change of -18.45% in the last 24 hours. The most active trading pair is SXP/KRW with a 24h volume of 0,707,524.78. Exchange Reserves data is currently unavailable for Upbit. The other exchange platforms such as Binance, Huobi Global, OKX, Coinbase, BCTEX Global and etc that can be traded more than 180 coins.
Overall
BCTEXFor 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).
BCTEX is building a trading system for digital assets focused on young investors and social networks. Its goal is to bring together a community of traders who share experiences and help each other achieve their individual profit goals.there’s the opportunity to invest profitably in the blockchain;