What documents do I need for opening an account with BCTEX
3. High level of securityEvery trading platform has a trading view. The trading view is the part of the exchange’s website where you can see the price chart of a certain cryptocurrency and what its current price is. There are normally also buy and sell boxes, where you can place orders with respect to the relevant crypto,.
Possibility to earn on holding cryptocurrencies (staking) and attracting new clients (referral program);.
BCTEX Affiliate Program All support requests are processed within 24 hours..
.💱 Commission: Market.
BCTEX is among the best exchanges for Latin American investors because of its high liquidity and low fees. Investors in other regions may be interested in the exchange's investment programs..
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🚀 Minimum deposit: 09. prompt communication with technical support through the call center.
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💹 Margin Call / Stop Out: NoBCTEX has a fee schedule that looks more complicated than it really is. The more PROB you lock up on the exchange, the higher your VIP level and the lower your fees. The minimum amount of staked PROB to kickstart lower fees is 500 with a 180-day lockup. BCTEX also offers an extra 0.02% discount when you pay fees using PROB. However there are some other exchange platforms such as Binance, Huobi Global, OKX, Coinbase, BCTEX Global and etc that can start with lower deposit.
👍 Advantages of trading with BCTEX:9. large trading volumes,
For 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).