Despite its volatility, Bitcoin has proved to be an excellent long-term investment so far. Of course, cryptocurrency skeptics would threaten crypto holders pointing at the possible scenarios of Bitcoin value evaporating. So far they have been wrong, and with every year the blockchain technology is maturing. With every day cryptocurrency survive, it’s chances to go on growing.
Perpetual contracts great for hedging
Although the capped supply of Bitcoin and the serious trouble fiat currencies face implying the main cryptocurrency price should be even higher in the future, the volatility is extremely high.
You can hedge your long Bitcoin positions with a short position on perpetual fixed value contracts. What you need is a reliable platform with transparent rules and low fees. Here comes PrimeBit – the fair way to trade cryptocurrencies.
Recently Bitcoin price jumped over the $10,500 for a while, but since then is oscillating within the $10,000-$10,500.
Bitcoin’s dominance coming back
The more important news is about Bitcoin reclaiming its dominance. Of course, there were times when it had no less than 100% of the market, but now it’s going back. One report stated it has risen to a 30-months high of 70%, but another suggested it may be already over 90% cryptocurrency market share, according to some data. If the power-law distribution applies to the cryptocurrency market, just as it applies to other globalized immaterial tech markets – such as advertising (Google), e-commerce (Amazon), or social networking (Facebook/Instagram), Bitcoin may take it all in the long term.
Such a scenario is especially gloomy for altcoins. You can also include them in your portfolio with perpetual fixed value contracts on Ethereum or Litecoin, also available on the PrimeBit platform. No one knows which altcoins will lose their value, and which will survive. There’s a lot of room for speculation.
This creates a great environment for P2P cryptocurrency contract trading platforms, which have been gaining the attention of both beginner and expert traders. However, until now, not one of them was able to offer up to 200x leverage. That’s twice as much as the maximum 100x margin offered by the competition.
Unique trading opportunity
With high leverage and no minimum deposits, PrimeBit gives everyone a unique chance to make the most of each trading opportunity. You can open a position with just a 0.5% initial margin. This means that you can make an order worth $10,000 with just a $50 dollar deposit!
PrimeBit trades fix point value perpetual contracts with no expiry dates. When you find a trading opportunity and open the right position at the right time, there are no limits for your profits. For example, if you make a BTCUSD “buy” order each time when the price goes up by $1, the value of your PrimeBit’s contract changes by 0.1 mBTC. It can go forever until you decide to close the position.
The fair way to trade cryptocurrency
PrimeBit wants also to compete with an advance Fair Price indicator, an equitable Funding System, and an unbiased auto-deleveraging mechanism. These features make PrimeBit a unique platform, being able to disrupt the cryptocurrency margin trading market.
The platform is powered by MetaTrader 5 – the leading global trading software. The company behind the revolutionary product PrimeBit Ltd. provides an attractive alternative to popular BitMEX services. With higher leverage, better user experience, and easier more transparent contracts.
Up to 20% lifetime revenue share
Additionally, PimeBit opens new opportunities for affiliate partners, offering an astonishing 20% lifetime revenue share for the top partners. Everyone can share a referral link and profit from each new account registered after clicking at it. The partnership program is powered by a transparent real-time affiliate tracking software.
PrimeBit offers an attractive affiliate program with up to 20% lifetime revenue share. The program is powered by a fully automated system. Every PrimeBit user can grab a referral link and send it to friends to promote their network.
PrimeBit allows the users to exchange perpetual contracts on Bitcoin, Ethereum and Litecoin. The developers promise more cryptocurrencies will be available soon. Give it a try now.