BaseFEX – Premium Platform For trading Of Crypto Derivatives
It’s an established fact that cryptocurrency trades had underlying setbacks owing to a number of factors. Apart from lags and risks of hacks on exchanges, crypto traders and users alike fear the volatility of these coins. Although these challenges can have negative effects on the assets of holders, a viable platform that facilitates transactions can be the silver lining in the cloud.
Introducing BaseFEX
We’re conversant with crypto projects making headway into the crypto-sphere. On the other hand, it takes a discerning mind and a professional trader to discover the hidden potentials. From the positioning, it’s not out of place to posit that BaseFEX is taking major leaps into the future of cryptographic currencies.
This is probably the first time a project of such magnitude focuses on crypto derivatives will launch on the blockchain. In light of that, the platform will be a unifying factor that will bring together supported crypto coins in one ecosystem.
Support for Bitcoin Futures
Bitcoin (BTC) has come a long way in the crypto-sphere. After rising through the ranks to become the first digital asset by crypto market capitalization, the time is ripe to extend the use cases of the coin.
BaseFEX’s support for Bitcoin Futures is a step that tends to improve the fortunes of the asset. Similar to this, the platform also extends a hand of friendship to specific alternative coins (altcoins), which will be available anytime from now.
Instituting a Viable Crypto Trading Platform
In the coming months, BaseFEX hopes to launch a platform for cryptocurrency trades. In addition to the security of trades (which it promises to take seriously), the platform also offers high leveraged trading up to 100x. Without a doubt, this proposition is one that will attract investors in their numbers.
Furthermore, traders can take advantage of cutting-edge technology to place orders, even in bearish market conditions.
Making the Case for Bitcoin
To increases its chances in the scheme of things, BaseFEX also promises to conduct in Bitcoin (BTC). It’s true that the coin is not going down anytime soon. Yet, the continuous by other coins is a signal to buckle up. The stiff competition between Ethereum (ETH) and Ripple (XRP), which has seen both coins outwitting each other, is an attestation that Bitcoin (BTC) may just be under threat.
So, what can be the solution? BaseFEX has already set the ball rolling. By trading on Bitcoin Futures and facilitating all transactions (profits and losses) with the coin, the platform is making the case for Bitcoin. As the crypto community awaits the commencement of operations by the platform, Bitcoin faithful can now hodl unto the coin, because crypto winter is about to give way to the spring heralded by the bulls.
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