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VICTORIA, SEYCHELLES, April 19, 2022 (GLOBE NEWSWIRE) — To help traders earn more cryptocurrency, Bitwells, a leading crypto derivatives exchange, has launched a 100% deposit bonus promotion to all traders. This will help all the traders to earn more cryptocurrency. If they deposit 1 BTC, 2 BTC will be credited to their account. Every user can get up to 10 BTC for each deposit.
Bitcoin’s high volatility has made a comeback and currently presents more opportunities for traders to make profits. Taking advantage of the price swings and leverage offered by brokers, trading can easily generate 100% or even 1,000% ROI.
It’s important to point out that only traders who know what they are doing can get these returns consistently. Because leveraged trading is both high-yield and high-risk.
How Does Leveraged Trading Work?
If 1 BTC is used to open a long contract when Bitcoin is trading at $38,000. Please note that with 100x leverage, 1 BTC can open a contract worth 100 BTC.
One day later, the price of Bitcoin increased to $42,000. The profit will be ($42,000 – $38,000) * 100 BTC/$42,000 *100% ≈ 9.52 BTC, making the ROI 952%.
Now, with Bitwells’…
Full story available on Benzinga.com
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