Cryptocurrencies rarely stay put. Their price can soar by double-digit percentages in a day or be cut in half within hours. After falling for several days and dropping below the 100-day moving average, the price of Bitcoin finally saw an uptick – and then a sell-off occurred and pushed the price below $43,600.
The “pump and dump” was linked to Litecoin. Due to false news that retailer Walmart would begin accepting cryptocurrencies on all of its e-commerce sites, the price of Litecoin (LTC) rose to over $237. This good news gave confidence to investors that cryptocurrencies were gaining recognition. Taking advantage of this newfound confidence, Bitcoin gained nearly 10%. But it soon turned out that the news was false, and the explosion of hope sent the price of bitcoin to a much lower level, almost breaking the $43,000 support.
Bitcoin goes up and down. We all know, before we invest in it, that this game is not for the faint of heart. But being part of this roller coaster is surely stressful and can make us doubt: Should I sell now and buy back at a lower price? Should I buy the bottom when I don’t know if it’s the bottom? Well, if you want to free yourself from these questions and doubts, an interest-bearing wallet could be the perfect tool for you.
Crypto exchange Bexplus has launched an interest-bearing wallet for traders to hedge against risk. Deposit in this portfolio and you can earn up to 21% annualized interest. The interest is calculated on a daily basis, and there is no deadline. So you can withdraw your money at any time.
Bexplus is a leading cryptocurrency exchange that offers forward trading with 100x leverage on a variety of trading pairs – BTC, ETH, ADA, DOGE, XRP, etc. Depositing in Bexplus does not require any deposit fees or KYC.
What the Bexplus interest portfolio offers:
- Independence: the portfolio is independent of the trading account, so deposits are not used as margin, and are not influenced if your positions were to be liquidated. The transfer between the trading account and the portfolio is instantaneous.
- High security: the platform uses multiple signature access, and all funds transferred from the cold room to the hot wallets are processed manually and require the coordination of several employees.
- No penalties for early withdrawals: withdrawal requests will be processed within one day, with no penalties for early withdrawals. If you withdraw your deposit on the tenth day of the month, you can still receive the interest earned during that period.
- No KYC requirements: all Bexplus registrations are done by email verification. You don’t have to worry about your information being leaked.
The Bexplus portfolio is the perfect place to earn passive income while conserving your assets. Just ignore the wild price fluctuations and keep your wealth!
Bexplus offers users a 100% bonus for every deposit. For example, if you deposit 1BTC into the wallet, you will get 2BTC. Remember that bonuses cannot be withdrawn and can only be used as margin, but profits can be withdrawn.