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Reinvesting BTC with Super Fast Lightning Network Transfers By DailyCoin

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Reinvesting BTC with Super Fast Lightning Network Transfers

September has been a rollercoaster for cryptocurrency investors. If you had been hodling BTC during this past summer, you first gained 12% when the currency went up to $52,837 only in the first six days of the month, only to crash -11% almost touching the $42k support later. And the journey continues – at the time of writing, BTC is at $43k. It is safe to say that it has been an intense race for crypto traders who just got into the market.

SimpleFX – a cutting-edge online trading app – has just launched Lightning Network payments and gives away $1,000 just for trading any asset in September. The app invites anyone and everyone to learn how to protect your cryptocurrency portfolio when the prices are falling, and how to maximize your profits during a bull market.

While the aforementioned price moves might be painful for inexperienced cryptocurrency investors, veterans know that it’s just a part of the game. They also know that there’s a proven way to deal with cryptocurrency sell-outs. All you might need to do is to reinvest your coins.

You can keep your tokens safe from declining prices by using the SimpleFX investing and trading app. Here’s how it works. You can open a short position on any of the 15 cryptocurrencies when you feel the market is overbought. Stocks, stocks, currencies, commodities, gold and silver are all options.

You don’t have to reinvest all of your crypto assets. Instead, leverage can be used. SimpleFX allows you to open a position 2x, 5x, 100x, or even 500x bigger than the deposit. If you own $10,000 in BTC, it’s enough to reinvest just $1,000 or even $500 to stay safe and “bear market proof”.

You can do this even during bull markets. SimpleFX lets you invest some of your cryptos. They support over 20 tokens and 30 fiat currencies. If you own Ether you can use their unique Stake&Trade accounts. You can also get up to 8.5% APR for your Ether 2.0 deposit, and you still have access to the locked tokens that are available for trading.

The SimpleFX trading account works anywhere in the world. There are no minimum deposits, and now you can send and receive your Bitcoins with no fees, as SimpleFX supports Lightning Network, a second-layer solution that allows instant transactions with fees as low as 0.05 USD.

You can find out more information about wallets using Lightning Network protocol and how you make LN payments from your phone. El Salvadorans, for instance, have been using the Lightning Network to pay their daily services.

SimpleFX allows you to trade with your app and receive $1000. It’s a limited-time offer that’s on only in September.

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Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs include futures, stocks, indexes and Forex. Prices are provided not by the exchanges. They are provided by market makers. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

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