Bitwells, the top exchange for cryptocurrency derivatives, has introduced a 100% deposit match for new signups. Traders that deposit up to 10 BTC will receive a bonus from the program. For the promotion, a funding pool with a total of 777 BTC has been set up and distributed.
When a user deposits 1 BTC, for instance, their account will be credited with a total of 2 BTC, whereas a trader who puts the maximum of 10 BTC will receive 20 BTC. The Bidwell’s Exchange’s offer is the most generous industry promotion of its kind.
Due to its high level of volatility, Bitcoin has become a popular investment option for those hoping to capitalize on day-to-day fluctuations. When they take advantage of these changes, savvy traders frequently claim spectacular ROIs of 100 percent to 100 percent. Derivatives traders have a safety net thanks to Bitwells’ offer of a 100% deposit match and a chance to increase their profits.
When Bitcoin is trading at USD 20,000, a trader might open a long contract with 1 BTC. They would be able to open a contract worth 100 BTC if they chose to employ 100x leverage. The profit would be (25,000 – 20,000) * 100 / 25,000 = 20 BTC, yielding a ROI of 2,000 percent, if the price of bitcoin rose to USD 25,000.
The deposit bonus can be used as a margin to open more significant positions and increase profit even though it cannot be withdrawn. Profits generated by using the bonus are fully withdrawable. When there are important price movements, traders’ positions are less likely to be liquidated since they have a larger margin cushion.
With 100x leverage on futures contracts for BTC, ETH, LTC, EOS, and XRP, Bitwells is a respected platform for crypto derivatives. Over 300K traders worldwide rely on Bitwells, founded by trading specialists, cryptocurrency veterans, and financial professionals registered in Seychelles. Only an email address is needed to sign up, and it guarantees that traders will receive the best services, including round-the-clock customer assistance, without any KYC.
The U.S. FinCEN MSB has accredited the platform; thus, it is secure (Money Services Business).
Most countries, including the USA, Japan, Korea, and Iran, use the exchange’s services for trading, in addition to these others.
Bitwells provides a trading simulator to help traders become more accustomed to using leverage in trading. To practice as much as they’d like without taking any risks, traders have access to 10 replenishable BTC in the demo account. Additionally, they may learn how to assess the market and use the available tools within the sample account. From live trading accounts, withdrawals are possible around-the-clock, and during business hours, money is usually public in about ten minutes.
Including desktop computers, mobile phones, and tablets, all data and assets can be accessed using any type of device. From the Apple Store and Google Play, download the Bitwells APP.
With an emphasis on the Bitcoin market, Bitwells is a platform for trading financial derivatives in digital currencies. It offers futures-leveraged trading in popular digital currencies like Bitcoin, Ethereum, Litecoin, and Ripple.