What is the description of BCTEX GlobalWhat is the difference between BCTEX exchange and app
8. Canada based and trustworthy⚖️ Leverage: 1:1.
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For instance, let’s say that you have 100 USD in your trading account and you bet this amount on BTC going long (i.e., going up in value). If BTC then increases in value with 10%, you would have earned 10 USD. If you had used 100x leverage, your initial 100 USD position becomes a 10,000 USD position so you instead earn an extra 1,000 USD (990 USD more than if you had not leveraged your deal). However, the more leverage you use, the smaller the distance to your liquidation price becomes. This means that if the price of BTC moves in the opposite direction (goes down for this example), then it only needs to go down a very small percentage for you to lose the entire 100 USD you started with. Again, the more leverage you use, the smaller the opposite price movement needs to be for you to lose your investment. So, as you might imagine, the balance between risk and reward in leveraged deals is quite fine-tuned (there are no risk free profits). Limit order. Set a price at which you would prefer to buy or sell a specific cryptocurrency.The service offers to place and accept ads for buying/selling cryptocurrencies using 24 fiat units..
5. TradingView browser is easy to use and intuitive;.BCTEXis is a new breed of cryptocurrency exchange. BCTEX offers its users the ability to trade in a selection of cryptocurrencies such as Bitcoin and Ethereum with fiat currencies. Apart from offering its users a platform to trade cryptocurrencies, Lykke also provides a cryptocurrency wallet which you can download from Google Play store or Apple App store..
This Platform does not offer a demo account, making it risky for beginner traders to trade their money without prior knowledge. Trading with virtual money on demo accounts will be a stress-free experience, enticing trial users to utilise the trading platform..
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They have a flat trading fee of 0.20%. The industry average is arguably around 0.25% so these trading fees are competitive enough.
The exchange lists over 350 cryptocurrencies and tokens, which can be purchased with a bank account, credit or debit card, and ApplePay.
4. trading fees are lower than the market average;Strong Servers
It's also important to do a thorough cryptocurrency exchange fee comparison. Analysing this metric in this Binance vs BCTEX comparison, it's clear that BCTEX has the lowest trading fee percentage of 0.10%, while the second place goes to Gate.io with a fee of 0.20%.