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Ways to maximize returns with Bitcoin

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It appears that the next rise in the crypto market is on its way with governments around the world who are printing more Fiat money to fuel economic recovery.

After trading without strong changes for months, Bitcoin has woken up and has risen more than 20% in just the last 10 days. Currently, it has passed the $ 11,500 mark, a level widely regarded as a fundamental technical level.

Despite some fluctuations, Bitcoin is now accumulating in this area. The analyst Sven Henrich comments that if Bitcoin manages to stay above this area, it could head into a prolonged rally, a major event that hodlers they are eagerly waiting.

While we wait for the bull market, here are some ways to significantly increase your wealth. The appropriate method will depend on a number of factors, such as your knowledge of trading, investment experience, and risk tolerance.

Ways to maximize your wealth with Bitcoin

Micro jobs

Some websites offer rewards with a small amount of Bitcoin every time you perform a small task. These tasks include watching a video, visiting a website, and retweeting a post. Sometimes you will even get BTC just for playing.

These jobs are simple and low risk, but the money you can get is pretty negligible.

A wallet that accrues interest

The easiest way to earn income with your Bitcoins is to use an interest-bearing wallet.

Merchants can store their cryptocurrencies in the wallet when they are not trading, the interest rate is usually between 1% and 10%. There are different types of wallets, some generate income by lending their deposits to other merchants. In this case, you will normally not be able to withdraw your deposit until the borrower closes their positions or before maturity.

While lending your deposit might earn you some interest, some merchants who are frequently involved in Bitcoin trading find it quite inconvenient. Just imagine how terrible it would be if you wanted to bet BTC when the trend turns bullish, and all your crypto is stored in the wallet. They could lose many gold opportunities if the entire investment is in a closed wallet.

Depositing your money in a wallet and collecting interest is easier and more profitable than doing micro-jobs. You can just sit back and the money will flow into your wallet. However, if you decide to use an interest-bearing wallet, remember to choose one that allows you to withdraw your money anytime you want.

Trading futures

Futures trading is one of the most popular and profitable instruments in the industry. It allows traders to benefit from each and every available opportunity that arose as a result of high volatility.

To illustrate, if you think that the price of BTC is going to increase in the near future, you can invest in Bitcoin and make money from the differences in settlement between the opening and closing prices. With leverage, trades can increase your purchasing power.

High returns carry high risks. Although you can make 10x profit in a few hours, you can lose it just as quickly. Futures trading is best when there is a strong trend or high volatility in the market. If you want to become a successful trader, you must learn to analyze the market and keep practicing.

Bexplus: the crypto exchange with an interest-bearing wallet service

Bexplus Exchange innovatively offers leveraged trading services and an interest-bearing wallet. Traders can gain huge profit opportunities regardless of market conditions.

When you want to take a break from trading, simply deposit your Bitcoins in your wallet and earn up to 30% annual interest. The transaction between the business account and the wallet is instantaneous and you can withdraw whenever you want.

Performance calculations based on the amount of BTC in the wallet. Source: Bexplus
Performance calculations based on the amount of BTC in the wallet. Source: Bexplus

Interest is calculated daily, and the deposit proceeds will be settled monthly. The monthly interest is calculated as (S * I / 365 * 30) = MI. S represents the sum of the deposit, I represents interest and ME is the monthly interest.

If you deposit 10 BTC in your wallet, the monthly interest you would receive is (10 * 30% / 365 * 30) = 0.24 BTC. While most lending platforms require merchants to deposit at least 1 BTC, merchants can make a deposit starting at 0.05 BTC at Bexplus.

Bexplus Wallet Features

Independence: the wallet is independent of the trading account, so deposits would not be used as margin, nor would they be influenced if their positions were liquidated. Also, Bexplus will not use the deposits in your wallet for other purposes, so your deposits will not be “blocked”.

High security: The platform uses multi-signature access, and all funds transferred from cold storage to hot wallets are processed manually and require multiple employees to coordinate them.

No early withdrawal penalties: Withdrawal requests will be processed within 1 day with no early withdrawal penalties. If you withdraw your deposit on the 10th of the month, you can still receive the interest earned within this period.

No KYC requirements: all registrations in Bexplus are done by email verification. You don’t have to worry about your information being leaked.

Bexplus offer to maximize their returns with Bitcoin.
Bexplus offer to maximize your returns with Bitcoin.

About Bexplus

Bexplus is a leading crypto derivatives platform offering 100x leverage on BTC, ETH, EOS, LTC and XRP futures contracts. Headquartered in Hong Kong, Bexplus is trusted by more than 100,000 merchants around the world, including the United States, Japan, Korea and Iran. No KYC, no deposit fee, merchants can receive the most attentive services, including 24/7 customer support.

Bexplus bonus.
Bexplus bonus.

Bexplus now offers a 100% deposit bonus to all traders. Deposit 1 BTC and you will get 2 BTC. If you want to take advantage of the opportunity to maximize profits, do not hesitate to join Bexplus now.

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