For me guys, it’s time to go long on Bitcoin!
my order : x50 started at 15400!
If you haven’t tried Bitmex yet give it a try! 10% less Fee with this Link:
If you have no idea what i’am talking about here are the Basics!
You can also so pm me if you have any questions!
The need for KYC/AML only arises when you need to deposit or withdraw FIAT currency from the exchange. Example, for Bitfinex, you can trade any market using your BTC deposits and withdraw Bitcoin perfectly fine without filling up any forms. You only need to get your account approved when you want to deposit/withdraw USD or Euro etc..
For BitMEX, like most Bitcoin and cryptocurrency exchanges, there is no need to go through KYC/AML document submission and approval process, and you can start trading immediately just by signing up and funding your account!
The Bitcoin Mercantile Exchange (BitMEX) is a leading digital currency exchange platform that offers Derivatives, Futures, and Prediction contracts and markets for margin trading cryptocurrencies.
BitMEX offers a variety of contract types, and all contracts are bought and paid out in Bitcoin. It is the only platform that offers a “Perpetual P2P Swap”, a contract that trades like a future but never expires!
BitMEX touts itself to be a provider of “The Next Generation of Bitcoin Derivatives”, and quite rightfully so. The platform has been able to grow significantly, no doubt partly due to their ability to open traders up to various kinds of interesting derivative markets, and keeping their customers happy with transparency, open communication, having strong security in place, and most importantly, a highly advanced yet user-friendly trading platform.
Depending on which market, BitMEX offers a flexible leverage of up to 100x for Bitcoin markets and up to 33x for Altcoin markets. But that doesn’t mean that you should use the maximum available leverage, and in fact, you shouldn’t unless you really know what you are doing!
My suggestion for the new traders here is to stick to a leverage of 10x or less, before moving to 20x or higher when you are more comfortable.
1. Go long on Bitcoin on Bitmex on the dumps
2. Take profits from those trades and put it into accumulating alts
3. Sell parts of alts on pumps and buy back in lower / accumulate more alts