By crypto.news | Created at 2024-11-19 14:09:35 | Updated at 2024-11-22 14:55:57
3 days ago
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
U.S. policies ignite Bitcoin rally as investors explore 100x leverage opportunities with BexBack’s advanced trading platform and exclusive bonuses.
US policies push Bitcoin to new highs
In 2024, the United States released a series of positive signals in the field of cryptocurrency:
June: Trump publicly supported “American-made Bitcoin” on Truth Social.
July: The Republican Party proposed a number of policies to support the development of cryptocurrency for the first time.
July 27: At the Bitcoin Conference in Tennessee, 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 endorses cryptocurrencies.
From the beginning of August to now, the price of Bitcoin has risen from $59,000 to $91,000, an increase of more than 50%. In this wave of growth, how to seize the opportunity and quickly accumulate BTC with limited funds has become the core concern of investors.
This guide will walk readers through how 100x leverage works and how to use it to their advantage.
Use 100x leverage to quickly seize market opportunities.
What is 100x leverage and how does it work?
Simply put, 100x leverage allows users to open larger trading positions with less capital. For example: Suppose the Bitcoin price is $60,000 that day, and users 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, the profit will be (63,000 – 60,000) * 100 BTC / 60,000 = 5 BTC, a yield of up to 500%.
With BexBack’s 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, users also need to be wary of liquidation risks.
What is BexBack?
BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, and XRP futures contracts. It is headquartered in Hong Kong, with offices in Singapore, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 100,000 traders worldwide. There is no deposit fee, and traders can get the most thoughtful service, including 24/7 customer support.
Why recommend BexBack?
No KYC required: Start trading immediately without complex identity verification.
100% deposit bonus: Double the funds, double the 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 trading available via web and mobile applications.
Convenient operation: No slippage, no spread, and fast, precise trade execution.
Global user support: Enjoy 24/7 customer service, no matter where in the world users are.
Lucrative affiliate rewards: Earn up to 50% commission, perfect for promoters.
How does the 100% deposit bonus work?
The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.
With BexBack’s 100x leverage and 100% deposit bonus, users can become a winner in the new bull run.
Interested users can sign up on BexBack now, claim an exclusive bonus, and start accumulating more BTC today.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
