With Bitcoin's price fluctuating, analysts predict prolonged high volatility in the crypto market. In such conditions, 100x leverage futures have become a preferred tool for seasoned investors.
What Is 100x Leverage and How Does It Work?
100x leverage allows you to open larger trading positions with less capital. For example, if Bitcoin is priced at $100,000, and you open a long contract for 1 BTC, using 100x leverage, the transaction amount equates to 100 BTC. If later the price rises to $105,000, your profit would be 5 BTC.
How the Deposit Bonus Works
BexBack's deposit bonus can't be directly withdrawn but can be used to open larger positions and increase potential profits. During significant market fluctuations, the bonus acts as extra margin, effectively reducing liquidation risk.
About BexBack
BexBack is a leading cryptocurrency derivatives platform offering 100x leverage on futures for BTC, ETH, and other assets. It is headquartered in Singapore with offices in various countries, serving over 500,000 traders globally with 24/7 customer support.
100x leverage futures provide investors the ability to maximize their capital efficiency in a volatile market, though liquidation risks must be carefully managed.
