Headquartered in Hong Kong, Bexplus is a popular crypto derivatives trading platform offering 100x leverage futures trading on a secure and professional platform. Established in 2017, it runs offices in Singapore, Japan, US and Brazil and is constantly expanding worldwide.
In this review, we’ll be taking a look at what Bexplus has to offer and ultimately, whether it is an ideal platform for you to engage in leveraged trading.
Bexplus Exchange: Facts
The Bexplus platform is packed full of features to make trading easier and more profitable. It is famous for its intuitive trading interface and attentive 24/7 customer support. Bexplus is suitable for both beginners and veterans.
Privacy – No KYC required, registration only requires email confirmation
Flexibility – make profits on the ups and downs of the market
Profitability – 100x leverage enhances the profitability 100 times
Top ranking mobile apps – trade on the go with Bexplus’s full-featured mobile apps
Contract type – perpetual contract with no expiry
Coin swap – swap cryptocurrencies with “Changelly” without having to register an account
Languages – English and 14 other languages
Support – 24/7 customer support
On first glance, what Bexplus attracts me most are the user-friendly trading engine and demo account. I have tried several trading platforms but usually they don’t provide a demo account, for those that do, I have to apply for one through the customer support. In the demo account are 10 BTC for practice and they are replenishable. You can try out different strategies and familiarize yourself with the trading engine. On the left sidebar are different analytical tools. Even if you are a beginner, you can learn to analyze the market with them.
The trading interface is the most concise one I have ever tried, so you won’t get lost in all the jumping figures and functions. Besides, on the lower right is the information about your account, including account balance, margin used and forced liquidation amount. You can know if your positions are approaching liquidation and take action accordingly.
Fee is one of the biggest concerns for most traders. There is no fee for deposit. Bexplus charges a 0.075% service fee for 100x leverage. In addition to this, Bexplus has an overnight fee, that is, traders need to pay 0.1% of the contract value as loan interest if they open and hold a position at GMT 0:00. If they close it before GMT 0:00, no fee is required. Other platforms such as Phemex and BitMex will charge traders a dynamic funding fee every 8 hours, so I think the fee in Bexplus is more favorable.
Account: Register and Login
Registration is very…