Cryptocurrencies like Bitcoin have been around for almost a decade now. As a viable form of payment, Bitcoin still hasn’t made it to prime time, but slowly, people all over the world are learning about the crypto phenomenon.
For now, the trading of Bitcoin and other cryptocurrencies as a commodity (like gold) is proving to be a fun and exciting way to get involved with what may be the future of currency exchange. There’s money to be made, and smart investors are using a variety of strategies to claim their share of it.
For the longest time, investors only had the option to invest in the actual Bitcoin. In the last couple of years, exchanges like coinflex.com have brought to investors the opportunity to invest in Bitcoin options and Bitcoin Futures.
Let’s discuss the trading process here with CoinFLEX
How to Make Money Trading Bitcoin
You have to be in the game if you want to make money trading cryptocurrencies like Bitcoin. It’s like any kind of investment you might want to make.
First, you need to educate yourself about cryptocurrency markets and Bitcoin in particular. You would also be well-served to read up on some of the investment strategies the experts use. Once you feel comfortable moving forward, you should be ready to start trading. Remember, earning money through trading instruments like Bitcoin demands discipline and the ability to make good decisions on the fly.
Investors don’t like to waste a lot of time on administrative issues. With so many crypto exchanges from which to choose, the ones that can offer the most efficiency are proving to be the best options. It’s worth noting that the CoinFLEX platform is highly functional, logical and easy to navigate.
If you are interested in trading Bitcoin or other Bitcoin elated instruments, CoinFLEX is a good place to start. The trading process starts with a signup process that’s fast and efficient. Of course, fast and efficient are relative terms when one considers the authentication security measures that are put in place to make sure customers and their financial resources are well protected.
After completing all the related authentication security tasks, customers are but one deposit away from making trades that could result in investment earnings. That deposit can be made with the transfer of Bitcoin or any other cryptocurrency assets supported by CoinFLEX. Once that initial deposit has been processed, the trading can begin.
While a lot of exchanges take a very complicated approach to charging fees, CoinFLEX has made the decision to keep it simple. They do this by charging a flat 0.03% maker or taker transaction fee. For withdrawals, they charge a 0.03% processing fee with a minimum fee of 0.0005 XBT / 5 USDT / 5 USDC.
For active traders, there’s great value in accumulating $FLEX coins (tokens). These coins are CoinFLEX’s native crypto, coins that can be accumulated and used to offset trading fees.
Astute traders will be happy to know CoinFLEX offers a wide range of Bitcoin trading options. It starts with the ability to buy and trade actual Bitcoins in a matter of seconds. For traders who are looking for more sophisticated trading options, Bitcoin futures are available at up to 20x leverage with a margin ratio requirement that ranges from 10% up to as much as 100% by the Wednesday before settlement day. Traders also get the advantage of receiving digital assets (physical delivery), which helps to ensure no cash price settlement manipulation risk is never at stake.
In the future, CoinFLEX expects be tapping into other coins, tokens and associated trading instrument.