Bexplus has launched an interest-bearing bitcoin wallet. This allows users to generate passive income while holding Bitcoin. The launch of this wallet allows users to earn passive income regardless of whether BTC’s price is going up or down. Investors can still make income while they wait for the market to move.

Find out more about Bitcoin Interest-BearingWallets in this guide

1. How does Bexplus’ BTC interest wallet work?

Financial firms will have the option to borrow the money from the wallet as professional loans. A minimum of once per 6-12 month, the interest rate is adjusted. Bexplus won’t use your deposits for any other purpose and you have the right to withdraw them at anytime.

2. Can I use an interest bearing wallet safely?

Independence: The wallet and the trading account are separate, so deposits in your wallet aren’t influenced by your positions, nor are they affected if they are liquidated.

High security: Multiple signature access is used on the platform. All funds moved from cold storage into hot wallets must be manually processed. This requires multiple people to coordinate.

3. How does interest work?

Bitcoins in the Savings Wallet are not considered margin. Therefore, even if there are open positions, orders will not impact the equity of your Savings Wallet.

Bexplus’ interest wallet APY surpasses most competitors in the industry.

Example: You deposited 10 BTC and enjoy an annualized interest rate of 21%, then your monthly wallet revenue is (10*21%/365*30)=0.17260273BTC

Some lending platforms require that traders deposit at least one BTC. However, traders may make deposits starting from 0.05 BTC via Bexplus.

Bexplus: What are you waiting for?

Bexplus offers 100x leverage in BTC and ETH as well as ADA and DOGE futures. Bexplus, headquartered in Hong Kong is trusted worldwide by more than one million traders, from the USA to Japan and Korea. Traders have access to the highest quality services including 24-hour customer support and KYC-free deposits.

What’s the 100x Leverage? How does it Work?

Let’s say we have 1 BTC and want to open a long-term contract. Bitcoin trades at $40,000. We can use 100x leverage to open 100 BTC positions using money borrowed from the trading platform.

A day later, Bitcoin’s price rose to $43,000. The profit will be ($43,000 – $40,000) * 100 BTC/$43,000 *100% = 7 BTC, making the ROI 700%.

Now, with Bexplus’ 100% bonus, our initial investment would be 2 BTC, and our realized profit made with these 2 BTC will be 14 BTC, and the ROI on your deposit will also double to 1400%.

With leverage, it’s important to be vigilant, as returns can be outstanding, but liquidations are easier if the price moves down.

KYC not required

No KYC protocol will be strictly followed during any process. Registering is easy and takes only minutes. Bexplus offers services for traders in over 200 countries including Argentina, the United Kingdom, Japan, and Japan.

Demo account with 10 BTC

Bexplus launched a trading simulator to help traders become more familiar with leveraged trading. For traders who want to learn as much as possible, there are 10 BTC that can be replenished in the demo account. With the demo account, you can learn how to analyze and use the toolkit.

24 hour customer service and withdrawal

A withdrawal request can be made at any time. After hours, you can get your deposit back as quickly as possible. Contact customer support through e mail or chat to resolve any difficulties with Bexplus.

Copy trading

With copy trading provided by Bexplus, you can automatically copy other excellent traders’ trading. It can be a really valuable portfolio for those who are just starting out in trading, or those who don’t want to dedicate a huge amount of time to managing their trades.

What does Doubling Deposits mean?

The bonus is 100%, however, it cannot be withdrawn. However traders have the option to open larger positions using the bonus. This could increase their potential profit and allow them to withdraw any profit. The bonus may also be used to increase your margin if there is excessive volatility in the market.

If you missed the boat before it’s time to decide whether you want to take action and start earning in the cryptocurrency space. Bexplus is a great place to start accumulating more BTC.

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