Advantages & Disadvantage of trading with BCTEX
The main features of BCTEX are convenient interface for efficient trading with tools for in-depth analysis of currencies; a wallet for storing coins, trading and client deposits; a payment method in the form of crypto deposits and fiat deposits via bank transfers; round-the-clock support service available by email or phone; security mechanisms such as a two-factor authentication scheme, multi-signature wallets and ID verification..
What documents do I need for opening an account with BCTEX?Algorithmic Trading.
BCTEX does not have a mobile appThe exchange lists over 350 cryptocurrencies and tokens, which can be purchased with a bank account, credit or debit card, and ApplePay..
🔧 Instruments: Cryptos, fiats, and tokens.Where to Buy BCTEX Exchange.
28. Which countries support BCTEX.
John Doe
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6. launched the sale of multi cards for investments in ASD and airdrop;
- Trade Smarter: Save time by capturing your ideas, trade later.low but fixed commissions for trading operations;
3. there is no call center.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).
Benefits