1. Account Deposit & Withdraw
Bexplus accepts BTC for deposit. The recommended minimum deposit amount is 0.02 BTC. And we do not charge any fee on deposit.
Users can only withdraw BTC and the minimum withdrawal amount is 0.001 BTC.
2. Profit/Loss Calculation
You can invest in all trading pairs that provided in the platform. No matter which trading pairs you choose, margin used, profit and loss will be calculated in BTC.
3. 1:100 Leverage
Bexplus offers 100x leverage which helps you amplify your initial margin a hundred times. For example, if you want to open a long position of 100 BTC contracts, only 1 BTC is used as margin. When the price rises 1%, you will get 100% profit. On the contrary, if you open 100 BTC short position with 1 BTC, you will also make 100% profits when BTC price falls 1%. However, suppose you bet on the wrong market direction, the loss will also be calculated the same way.
4. Minimum & Maximum Trading Limits
4.1 Minimum trading volumes for each trading pair are as follow:
|Trading Pairs||Minimum Trading Volume|
4.2 Users can hold the maximum of 15 orders at one time.
5. Fees on Trading
5.1 Bexplus will charge fee in every transaction. The fees for each trading pair are as follow:
5.2 Overnight financing
It is a fee that you pay to hold a trading position overnight on leveraged trades, it is essentially an interest payment to cover the cost of the leverage that you use overnight. For example, if you open and hold a position of 100 BTC contracts at GMT 0:00, you will need to pay 0.1% of the 100 BTC contracts as overnight financing fee which will be 0.1 BTC.
6. Margin Call & Liquidation
6.1 Margin Call
Margin call notification will be triggered when you are in danger of having some of your positions forcibly closed (or “liquidated”).
● When you lose 50% of your account value, you need to make a margin call.
Note: Margin Call Level notifications are sent by email, but are not always guaranteed. As such, it is important to proactively monitor your margin level.
6.2 Margin Liquidation
Margin Liquidation Level is the margin level at which all your positions are automatically liquidated. If this happens, your positions will be closed in the order they were opened, first to last.
● When the margin level of your account is lower than 30%, your position will be forced-liquidated, but the equity in the wallet account is not included in your margin, so the equity in the wallet account will stay the same.
7. Auto-Selling in Profits
When the profits reach 85% of your account value, the corresponding positions will be automatically closed at the market price by the system.
8. No Negative Balance
Even during the high volatility in crypto market, if you invest in a wrong market direction, you will only lose all your account balance. No negative balance will occur since the system will clear that for you.
9. Bexplus Quotes
Bexplus’s market quotes integrate those from 5 top exchanges in the world based on different ratios and data weight, including Binance, Poloniex, Bitfinex, Huobi and ZB.
10. Trading Hours
Bexplus futures trading and customer service are available 24/7.
Welcome to Bexplus.Good Luck!
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