CRYPTO CORNER EPISODE 382
Market Analysis, Updates, News & Reviews
It's the holiday season and the offers keep coming from every corner.
This new time-sensitive special offer is by Margex Exchange - they have a special bonus that they're running which begins tomorrow, 30th Dec'21.
You can take a look at my video or if you're reading type, scroll below.
We're talking about a 20% deposit bonus on Margex - you make a deposit of whichever cryptocurrency you choose and they give you 20% extra on that amount.
Here are the full details of their offering:
- This offer runs from 30 December until 10 January 2022 and it's not only on Bitcoin, but each of the coins they support - including Ether, Paxos, Tether, USDC, DAI, Tron, Link and even Wrapped BTC.
- You can get the bonus 10 times for depositing any of these cryptocurrencies.
- The bonus will be granted only for deposits made during the promotional period from December 30 to January 10, 10:00 o'clock (UTC).
- The bonus amount will be reflected on the wallet page under «Bonus Balance» for each coins and tokens.
- The bonus is granted only for the first deposit of each of the coins and the minimum amount is $300 (0.005 BTC) or it can be more of course and it will be automatically credited to the corresponding wallet.
- The maximum bonus amount is $10,000 for each coins and tokens and will be available until January 25, after which the remaining bonus amount, if any, will be deducted from the bonus balance.
- It can be used to cover all trading and financing fees incurred when using the corresponding currency as a margin (for instance, the BTC bonus balance cannot be used to cover fees when trading with USDT or Ether as margin.
- It cannot be withdrawn, used as margin to open a position or used to cover trading losses - this is a bonus that you should really use to make your trades free, so what I'm going to do, is move some funds from another exchange to this one and do my trading here to take advantage of this and not worry about the fees.
If you're not signed up yet, use my invite link: https://margex.com/?rid=90777266
For those who missed my video review and tutorial on Margex exchange, this is a bitcoin-based derivatives trading platform that gives us the ability to trade with up to 100x leverage and provides access to global crypto markets. It was selected by Finance Magnates as the exchange with the friendliest user interface in the industry.
It is simple to use for novice traders but it's also advanced enough for professional traders.
There's a simultaneous use of stop loss/take profit for each trade - no need to check what’s happening every minute - and I showed you in my previous episode how it works, how these orders are being placed and executed, so you can also refer to that tutorial if you missed it, I will drop it in the description below and you can use the pop-up that you see in the top corner here.
The asset’s price on Margex never deviates from the top spot exchanges, It also has an Adjustable isolated leverage up to 100x on all assets and they use a Unique MP Shield™ - this is an Artificial Intelligence-based system that protects users from price manipulation - it prevents unfair liquidations - something that I haven't seen other platforms do.
They have very reasonable fees that right now with this offer will be covered by the bonus you get and It's got very high liquidity is backed by 12 liquidity providers, so all of these features make Margex a very user-friendly platform.
Most importantly, you don't have to go through KYC if you don't want to - unlike with many other exchanges, KYC here is not forced on you.
On top of that they have an affiliate program that pays 40% commissions flat rate to every user - similar to what many crypto services offer these days, but this is a little bit higher than many of the competing exchanges, so yet another reason to start using it.
I want to point out that this is leverage trading type of platform, meaning that you are able to make a trade for a much bigger size than your actual holdings.
For example, if I want to open a trade with 10x leverage, then 1/10th of my actual funds will be required. In other words - you can have 0.10 BTC in your account but actually open a trade for 1 bitcoin.
Or explained in fiat amounts: if we want to open a long trade on Bitcoin for $1000, only $100 of our available balance will be enough to cover the margin requirements for this trade.
This allows traders to increase their exposure in the market thus maximizing profit potential. Leverage trading has become a very attractive method for experienced traders to make a enormous profits these days and as it becomes more and more widely adopted. Of course, leverage trading is a high-risk, high-reward affair, so you better have some experience in trading when you use leverage and to help with this, Margex has a very comprehensive guide into it.
Open Acc with This Invite Link: https://margex.com/?rid=90777266
☝These are my opinions, not financial advice, always DYOR.
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⚠️ DISCLAIMER ⚠️
The information contained in this video is for informational purposes only. Nothing herein shall be construed to be financial or legal advice. The content of this video reflect solely my own opinions. Purchasing cryptocurrencies poses considerable risk of losses.
This information is what was found publicly on the internet. This information could have been doctored or misrepresented by the internet. All information is meant for public awareness and contains what is already in the public domain. Please take this information and do your own research.
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