What is the reason for this wave of BTC rises? US Policies Drive Bitcoin to New Highs In 2024, the United States released a series of positive signals in the cryptocurrency space: June: Trump publicly supported “American-made Bitcoin” on Truth Social. July: The Republican Party first proposed a series of policies to support the development of cryptocurrencies. July 27: At the Tennessee Bitcoin Conference, Trump first proposed the concept of “strategic Bitcoin reserves.” November: Tesla CEO Musk helped Trump win the election. His company Tesla holds 9,720 BTC and frequently supports cryptocurrencies. From the beginning of August until now, the price of Bitcoin has risen from $53,000 to $98,000, an increase of more than 80%. In this wave of growth, how to seize the opportunity and quickly accumulate BTC with limited funds has become the main concern of investors. As Bitcoin is about to hit $100,000, there is no doubt that it can rise or plummet at any time. Savvy traders have quietly used high leverage crypto derivatives trading platforms to trade. Whether it goes up or down, they can take advantage of the opportunity to make money. First, you need to find a platform with 100x leverage and demo account for risk-free simulated trading. Then learn and test your trading strategy until you feel you are completely familiar with leveraged trading and have the ability to make profits before trading with real money.
What is 100x leverage and how does it work?
Simply put, 100x leverage allows you to open larger trading positions with less capital. For example: Suppose the price of Bitcoin is $60,000 that day and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC. One day later, if the price rises to $63,000, your profit will be: (63,000 – 60,000) * 100 BTC / 60,000 = 5 BTC, a return of up to 500%.
BexBack Deposit Bonus
BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC and the return on investment will double to 1000%. Note: Although leveraged trading can magnify profits, you must also be careful about liquidation risks.
How does the 100% deposit bonus work?
The BexBack deposit bonus cannot be withdrawn directly, but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bond can serve as additional margin, effectively reducing liquidation risk.
About BexBack?
BexBack is a leading cryptocurrency derivatives platform offering 100x leverage on BTC, ETH, ADA, SOL and XRP futures contracts. It is headquartered in Hong Kong and has offices in Singapore, Japan, the United States, the United Kingdom and Argentina. It has a US MSB (Money Services Business) license and is trusted by over 100,000 traders around the world. There is no deposit fee and traders can get the most attentive service, including 24/7 customer support.
Why recommend BexBack?
No KYC required– Start trading immediately without complex identity verification.
100% Deposit Bonus: double your funds, double your profits.
High leverage trading– Offers up to 100x leverage, maximizing investors' capital efficiency.
Demo account– Comes with 10 BTC in virtual funds, ideal for beginners to practice risk-free trading.
Comprehensive trading options– Feature-rich operations available through web and mobile applications.
Convenient operation– No slippage, no spread and fast and accurate trade execution.
Support for global users– Enjoy 24/7 customer service no matter where you are.
Lucrative affiliate rewards– Earn up to 50% commission, ideal for promoters. Act now, don't miss another opportunity! If you missed the previous cryptocurrency bull run, this could be your chance. With BexBack's 100x leverage and 100% deposit bonus and $50 new user bonus (complete a trade within a week of registration), you can be a winner in the new bullish streak.
Sign up to BexBack now, claim your exclusive bonus and start accumulating more BTC today!
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