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Wisebitcoin Offers Traders New Features and 100X Leverage

Wisebitcoin 2021-02-24

wisebitcoin offers new features

The cryptocurrency industry is in a bull run and Wisebitcoin is contributing its part by improving the trading experience for professional traders and newcomers alike. 

The exchange already serves over 1.2 million end-users with $6+ billion in 24-hour trading volume. Now, Wisebitcoin introduces three highlight features that aim to make cryptocurrency trading simpler and easier. 

 

Asset Custody and Clearing Technology
The first one is its asset custody and clearing technology. The distributed asset custody and settlement technology make the platform secure and transparent through the consensus mechanism of transaction data upload, hot and cold wallet separation, multi-signature, and member node clearing to achieve the goal of asset security and transaction credibility. 

 

High Performance and Transaction Processing Technology
High performance, combined with the specially designed distributed transaction processing technology, is the second highlight. Real-time transactions and consistency in a distributed environment is made easier through Wisebitcoin’s physical fragmentation. In case a particular node fails, it doesn’t affect the system operation, laying a strong foundation for serving a massive user base.

 

Deep Liquidity
Finally, the diversified liquidity offered by Wisebitcoin enables exchange partners to share liquidity, access the depth of many well-known exchanges, and quickly combine orders. This feature ensures that partners have sufficient depth and liquidity.

 

Maximize Your Profit Potential by Using Leverage
Besides these stellar features, Wisebitcoin offers 100x leverage to margin traders, enabling them to open a long or short position in their futures market. The contract trading it offers differs from spot trading, as you don’t need to own assets. In the case of contract trading, you aren’t trading cryptocurrency, but the value of the contract follows the value of cryptocurrency. The benefits are registered from the price movements as the contract follows the prices, without having cryptocurrency. 

Wisebitcoin stresses on leveraging as it is a key way to increase traders’ exposure and profit from volatility. For example, note that ETH reached over $1100 within 48 hours around January 2nd. If a user could leverage this with a long position on ETH, they could have multiplied the profits with even a small amount of leverage like 5x. A simple unleveraged position would have netted $350 in profit, but a 5x position would have netted $1,750 and a 100x leveraged position would have netted an incredible $35,000 in profits from an initial investment of just $750. 

To be updated with new developments about Wisebitcoin, visit  http://www.wisebitcoin.com/