When deciding how much Bitcoin leverage trading to use, you should first study the market. You should take stock of technical indicators that will give you trading signals. It is also important to know your risk appetite and gauge how much you are willing to lose. These indicators include Fibonacci, ATR, CCI, Stochastic, and Elliot Wave. For example, AAX offers BTC/USD futures contracts as well as EOS/BTC, LTC/BTC, and XRP/BTC futures contracts.
PrimeXBT
PrimeXBT is a bitcoin leverage trading platform that offers a one-to-one ratio of 100:1. For example, you can buy $10,000 worth of Bitcoin using a 10x leverage, resulting in a 10% margin on the initial investment. If the price of Bitcoin increases 20% in a week, you’ll make a net profit of $2,000 and end up with a balance of $5,000. PrimeXBT offers this kind of leverage because it increases the profit potential of a trader. This also increases the risk of “liquidation prices,” or falling prices.
PrimeXBT supports trading in many different instruments. Here https://www.btcc.com/ are more than 100 trading pairs available, which allows you to diversify your portfolio. The platform also supports SEPA transfers and forex and commodities trading. It offers both long and short positions, as well as leverage to increase the yields of your trades. PrimeXBT also provides copy trading services. With these tools, you can copy the actions of experienced traders and invest in the assets of other investors.
Bitfinex
In order to use Bitfinex, you must have a verified email address. You can create an account using this email address by following the instructions on the site. Once your account has been verified, you must read and agree to the Terms of Service. You can use leverage up to five times in selected cryptocurrencies. In this case, you should use a high-security alphanumeric password to ensure maximum security.
The Bitfinex terminal offers advanced market analysis, a Python 3 API, enhanced reporting, and more. There are nine order types, perpetual swaps, and plenty of historical data to analyze. Additionally, you can use Bitfinex’s lightning node to send and receive payments instantly. All of these features make Bitfinex a great choice for seasoned investors who want to get the most out of their trades.
StormGain
With its unique feature of leveraged trading, StormGain allows its users to trade up to 200x in the same position. However, it is important to note that more leverage equals greater risk. The site accepts both debit and credit cards and the fees for the transaction will vary depending on the currency. In addition to offering leverage, StormGain is also unique in that it only deals in crypto-assets. It offers the opportunity to trade on more than 20 cryptocurrency futures contracts.
In addition to offering leveraged trading, StormGain also provides free trading signals. While many social trading platforms require permanent subscriptions, StormGain has free plans that give users access to its experts’ trading signals. Using various analytical techniques, StormGain’s experts produce high-quality trading signals. The site claims that its experts have a 70 percent accuracy rate. Moreover, it offers free trial plans for all of its features.
