Victoria, Seychelles, July 01, 2022 – (SEAPRWire) – Bitwells has launched a 100% deposit Benefits promotion to all traders to facilitate crypto trading. If a user deposits 1 BTC, 2 BTC will be credited to their account. Every user can get up to 10 BTC for each deposit.
Bitcoin’s high volatility has made a comeback and currently presents more opportunities for traders to make profits. Taking advantage of the price swings and leverage offered by brokers, trading can easily generate good returns.
It is important to point out that only traders who know what they are doing can get these returns consistently. Because leveraged trading is both high-yield and high-risk.
How Does Leveraged Trading Work?
Assume 1 BTC is used to open a long contract when Bitcoin is trading at $20,000. Please note that with 100x leverage, 1 BTC can open a contract worth 100 BTC.
One day later, the price of Bitcoin increase to $25,000.The profit will be (25,000 – 20,000) * 100 / 25,000 = 20 BTC.
Now, with Bitwells’ 100% deposit benefit, the initial investment would be 2 BTC, and the realized profit made with these 2 BTC will be 40 BTC.
With leverage, it’s important to be vigilant, as returns can be outstanding, but liquidations are easier if the price moves down.
Why choose Bitwells?
Bitwells is a reputable crypto derivatives platform offering 100x leverage in BTC, ETH, LTC, EOS and XRP futures contracts. Registered in the Seychelles and jointly developed by Internet experts, cryptocurrency traders, and financial professionals, Bitwells is trusted by over 300K traders around the world. No KYC, traders can receive the most attentive services, including 24/7 customer support.
No KYC protocol is strictly carried out throughout every process. Registration only requires email confirmation and only takes a minute. Bitwells provides services to traders from most countries, including the USA, Japan, Korea, and Iran.
Profit on Long & Short
Users can either buy up (go long) or sell down (go short), which means that they can take profits whether the market rises or falls. What’s more, they have 100 times leverage to magnify their profits.
Demo account with 10 BTC
To help traders better familiarize themselves with leveraged trading, Bitwells has launched a trading simulator. There are 10 replenishable BTC in the demo account for traders to practice as much as they like, without taking any risks. Users can also learn to analyze the market and use the tool-kit with the demo account.
24/7 withdrawal and 24/7 customer support
Users can submit a withdrawal request anytime they want. They can have their deposits back in as fast as 10 minutes during work hours. If they encounter any problems when using Bitwells, they can contact customer support via different channels, such as e-mail and live chat.
Intuitive and full-featured App
The top-ranking Bitwells app helps better manage the account. With the 24/7 notification, a user can stay updated with the market. All data and assets can be accessed through all kinds of devices including desktops, mobile phones, and tablets. Download the Bitwells APP from the Apple Store and Google Play.
What can be done with the extra deposit?
The extra deposit is not withdrawable, but traders can use it as margin to open bigger positions and take more profit. Profit made with the extra deposit is withdrawable. Besides, with a bigger margin, traders’ positions are less likely to get liquidated when there are huge price swings. Users might miss the opportunity to buy cheap Bitcoin, but they can still make handsome profits with the revival of Bitcoin.
Contact: Jeniffer Butler
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