The first cryptocurrency futures perpetual contracts are currently available for trading on cryptocurrency trading platform Bexplus.
Bexplus, the HK-based firm established in late 2017, has recently announced its launch of BTC/USDT, LTC/USDT, and ETH/USDT Perpetual Futures Contracts, providing up to 100x leverage and enabling the crypto traders to make profits ongoing long or short on the crypto price without expiry.
What is Perpetual Futures Contract?
The Perpetual futures contract is a derivative product that is similar to a traditional Futures Contract. However, it’s different for its non-expiring feature, which means that positions in the contract are never ‘expired’ or ‘matured’. The benefit of a Perpetual Futures is that the investors do not need to worry about “rolling” the contract at expiration, they just hold the position and often they can earn net interest on the carry.
Overview of Bexplus
Built by senior Blockchain architects, experienced financial traders, and internet professionals, Bexplus trading index is combined from top five exchanges based on the data weight, thus preventing data failure of the single exchange and providing persistent and smooth trading experience.
Despite being a relatively young company, with the team of over 50 years of combined professional experience, within only one year, Bexplus has successfully completed tens of millions of US dollar fundraising which provides solid foundation of the long-term plan of the platform and has also established international offices with over 100 employees in United States, Brazil and India, according to its website. Furthermore, the company also celebrated successively global Meetups in Sao Paulo, Brazil in March, Dubai, UAE in June and Hong Kong in November.
What makes Bexplus different from other exchanges?
- High-leveraged trading.
Unlike other traditional cryptocurrency trading platforms, Bexplus only offers perpetual futures contracts, which enable the investors to enjoy a high-leveraged (up to 100x) trading that never expires! This implies that its users can purchase the futures contract of 100 BTC with only 1 BTC. Meanwhile, traders can also amplify their gains with the high leverage: they may earn 100% profits on 1% price growth or fall. Nevertheless, investors are also suggested being careful – with high leverage, not only comes accelerated profit, but also the potential for accelerated loss.
- Integrated Quotation index
While most crypto exchanges usually apply a self-made quotation that the real-time cryptocurrency price can be easily controlled or changed, Bexplus quotation index is integrated of those from Top 5 worldwide exchanges (Binance, Poloniex, Bitfinex, Huobi, and ZB), is authentic, reliable, no insider dealing and provides calculations based on the data weight.
- High-Security Guaranteed
Till now, Bexplus only supports mainstream coins trading (BTC, LTC, and ETH) and only handles in Bitcoin, which means all profit and loss is counted in Bitcoin, even if you’re buying and selling other types of tokens contracts. It also ensures investors a highly-secured trading environment and no banker controlling. Moreover, with the core technical specialists experienced in digital assets security & risk control and digital cold wallet multi-signature encryption, it also guarantees users’ account balance away from being hacked.
- Multi-Language support
As a cryptocurrency futures exchange aiming at the international market, Bexplus shows its commercial ambitions with 15 languages supported in iOS/ Android version and 9 in the website, which is more than any other exchanges and facilitates more investors from non-English-speaking countries to trade in the platform without obstacles.
- Beginner-friendly
Bexplus encourages new users who are unfamiliar with trading to practice placing, executing and canceling orders of various order types and sizes on its specially designed trading simulator. With its current promotion activity, now once the users sign up with a new account, they can then receive 10 BTC immediately added to their demo account and interact with a simulated market that looks and feels exactly like the real thing.
Conclusion
No matter what Bexplus and futures contract will bring to the cryptocurrency market, it’s undeniable that a revolution of trading mode has started in the cryptocurrency field. Furthermore, it is even more unquestionable that Bexplus is leading this revolution and keep on bringing more and more innovation for the industry. Let’s look forward to figuring out where Bexplus can lead crypto investors too.
Follow Bexplus on:
Website: www.bexplus.com
Facebook: https://www.facebook.com/Bexplusglobal/
Twitter: https://twitter.com/bexplus
Telegram: https://t.me/bexplusexchange
Reddit: www.reddit.com/u/bexplus
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