BiKi.com Launches 3X Interest-Free Leverage Trading

By: yourPRstrategist
 
SINGAPORE - Dec. 24, 2019 - PRLog -- With spot trading opportunities presently scarce, leveraged trading has become a standard on many exchanges. A Top 20 exchange on CoinMarketCap, BiKi.com recently launched a leveraged trading service, offering attractive benefits to traders.

As an emerging front-line exchange, BiKi has always held itself to the standards of top exchanges. To date, its new products and innovations have been successfully launched. BiKi's spot leveraged trading, which began its beta release on December 18th, currently offers the leverage of BTC/USDT, ETH/USDT, TRV/USDT pairs with more trading pairs to be announced in later stages.

In simple terms, leverage trading is borrowing money to increase the size of a trade, which increases potential profits but also potential losses. It has the same attributes as futures contracts, but is considered "safer" because the leverage trading price is synchronized with the spot price, which can prevent the phenomenon of pin risk in futures.

Also known as margin trading, leverage trading can be a powerful tool to grow a portfolio, especially during a bear market. While margin trading is inherently riskier, it opens up the possibility to much larger profits.The key is to develop a risk management strategy that works to cut losses short while letting profits grow.

BiKi's Position-By-Position Leverage Model

Aware of the market volatility in cryptocurrency trading where forced liquidation is common, BiKi uses a position-by-position leverage model to reduce investor risk. With full-position leverage, a trader can easily lose everything, hence BiKi's position-by-position model was developed to  effectively control losses, whereby the profit and loss of each position does not affect funds in other accounts.

To give an illustration, using BiKi's leveraged trading, one opens a long position on BTC and ETH at the same time, trading with 3x leverage. Let us say BTC went up, and ETH fell by 30%. In full-position mode, all leveraged positions share margins, so the profit of the BTC position will be consumed by the loss of the ETH position. Under the position-by-position leverage model of BiKi, the margin of a position is fixed so the risk of ETH positions will not have any impact on BTC positions. Each position is risk-isolated and BiKi's position-by-position leverage allows investors to better execute risk control strategies.

BiKi's position-by-position model also supports up to 3 times leverage.

Read more: https://www.prpocket.com/2019/12/bikicom-launches-3x-inte...

Media Contact:
Marketing Team
Chang Jie Lin, BiKi.com
media@biki.com
+65-94556702

Cecilia Wong, yourPRstrategist.com
cecilia@yourPRstrategist.com
+65-91826605
End
Source:yourPRstrategist
Email:***@yourprstrategist.com
Tags:Blockchain
Industry:Financial
Location:Singapore - Singapore - Singapore
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
PRPocket News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share