Bitcoin and cryptocurrency have long been considered as volatile assets. Especially Bitcoin, which has attracted speculative interest from both institutional and retail investors. We have seen the business intelligence firm MicroStrategy raised $650 million to buy Bitcoin, as well as the billionaire investor Paul Tudor Jones calling Bitcoin as the “best inflation trade” in 2020.
At the time of writing, BTC has broken an all-time high of $23,590 on 23 December 2020. The strong interest in the BTC and crypto market has led investors to turn to the crypto derivative market. As institutions are more familiar with futures contracts as an investment product, the Bitcoin futures market has seen a larger dollar volume as a result. Thus, the market for Bitcoin futures can even become more liquid than Bitcoin itself.
Bitcoin futures is regulated by the Commodity Futures Trading Commission (CFTC), this is one of the major reasons why professional investors have been drawn to the Bitcoin futures market as regulators have set up the framework for all market participants to get involved and conform to the rule.
Bitcoin futures contracts not only attract institutional investors to increase the trading volume of the Bitcoin futures market. The crypto futures contract also has a lot of benefit as well as potential to make massive profit for traders.
The Benefits of Trading Bitcoin and Crypto Futures
The crypto market operated 24 hours a day, seven days a week. When investors buy a cryptocurrency, they would expect the asset to appreciate in value to gain profit. However, the common volatility in the crypto market might not be a good idea to hold the asset, especially Bitcoin where the price usually moves up and down with a very wide range.
With Bitcoin and crypto futures, investors will have the flexibility of going long or short, where investors can still have the opportunity to make profit under the bearish market.
Another benefit of trading crypto futures is the use of leverage, which allow investors to have the possibility to gain a larger exposure to the cryptocurrency market with the capital that is relatively smaller. Leverage is a double-edge sword, it could both amplify your gain as well any loss in your trade, and the amount of loss can even be greater than the amount of your initial deposit in a single trade.
The BTCC crypto derivatives trading platform offers leverage of 10x, 20x, 50x, 100x, and 150x for Bitcoin futures, Ethereum futures, Litecoin futures, and other 9 crypto futures contract trading. The exchange also provides daily contract, weekly contract, and perpetual contract to meet the needs of traders. For example, traders who want to hold the position for a long period of time can choose the perpetual contract, which has no expiry date. While traders who only look to gain profit in certain periods of time can choose the daily contract or weekly contract by going long or short.
BTCC as a 9 Years Old Exchange
BTCC was founded in 2011, and has been going through the up and down with the cryptocurrency industry throughout its 9 years of operating history. BTCC took a major step in 2019 to focus on the crypto derivative market, and in the same year in January, BTCC launched the world’s first physical Bitcoin delivery perpetual contract.
Following the launch of physically-delivered Bitcoin futures by BTCC. Bakkt, the intercontinental exchange-back crypto firm announced its physical Bitcoin delivery futures will go live on September 23, 2020.
The launch of physically-settled Bitcoin futures is considered to be a breakthrough in the industry, because this means institutional investors will receive the underlying asset, which is Bitcoin when the contract expires. The holding of actual Bitcoin by institutional investors will speed up the adoption of Bitcoin, which could lead to a potential rally in the price of BTC.
BTCC was led by a team of professionals who have a rich experience both in cryptocurrency and traditional financial markets. The nine years old exchange aims to be the pioneer in the field of crypto derivatives by leveraging 9 years of operating history as well as experience gained from traditional markets.
One of the major innovations from BTCC is the negative balance protection. The common volatility in the crypto market can often cause negative balance in trader’s accounts. Unlike other exchanges that make other profiting users share the losses when there is a negative balance, BTCC promised to cover user’s 100% negative balance when extreme market volatility strikes.
Moreover, BTCC has never experienced any security incident during its 9 years of operating history. With the cutting-edge innovation and user-centric approach, it is no wonder over 6 million users worldwide choose to stay with BTCC.
Deposit to Grab Up to 2,000 USDT at BTCC
From 00:00:00 on 1 December, 2020 to 23:59:59 on 31 December, 2020. Users who make the first deposit at BTCC trading platform can claim up to 2000 USDT deposit bonus!
First Deposit Amount (USDT)
Following users completing their first deposit, users who trade Bitcoin with daily contract, weekly contract or perpetual contract will be eligible to unlock withdrawable 1 USDT bonus for every one lot of BTC trading. Users can claim up to their bonus amount based on their first deposit amount. For more detail and to participate, please click here to learn more.
BTCC supports VISA, MasterCard, and BC Card, users can choose their preferred payment method to make their deposit.
BTCC offers BTC/USDT trading for weekly contract, and perpetual contract with leverage of 10x, 20x, 50x and 100x. The trading platform also offers BTC/USDT for daily contracts with leverage of 150x.
The BTCC app has a simplistic touchscreen interface, and is very user friendly. Newbies can give a try for the free trading demo account on the app before trading with their money. Users can download the BTCC app from App Store or Google Play.
BTCC official website: https://www.btcc.com
In addition to the English market, BTCC.com is now available in Korean (비트코인 선물), Japanese (ビットコイン先物取引), and Vietnamese (Hợp đồng tương lai Bitcoin).
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