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Associated Press
2 days ago
- Business
- Associated Press
Crypto Exchange BexBack Offers 100x Leverage, No KYC, and Up to 10 BTC Bonus for New Users
SINGAPORE, June 03, 2025 (GLOBE NEWSWIRE) -- BexBack, a rising star in the crypto derivatives industry, today announced the official launch of its global crypto futures trading platform. The exchange offers up to 100x leverage, a 100% deposit bonus, and no KYC requirement, giving users around the world unprecedented access to fast, private, and flexible crypto trading. What Is 100x Leverage and How Does It Work? Simply put, 100x leverage allows you to open larger trading positions with less capital. For example: Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC. One day later, if the price rises to $105,000, your profit will be (105,000 - 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%. With BexBack's deposit bonus BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%. Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks. How Does the 100% Deposit Bonus Work? The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation. Built for traders of all levels, BexBack supports over 50 major crypto contracts, including BTC, ETH, XRP, SOL, and ADA. With zero spreads, no slippage, and lightning-fast execution, it delivers an institutional-grade trading experience optimized for speed and precision. 'Our mission is to empower traders — without the limitations imposed by traditional platforms,' said David, Operations Director at BexBack. 'From high leverage to fast onboarding, we remove the friction and put powerful tools in the hands of every user.' Double Bonus for New Users New users who deposit at least 0.001 BTC or 100 USDT are eligible for a 100% deposit bonus. After completing their first trade (open and close a position), users can request the $50 welcome trading bonus by emailing [email protected]. Once verified, the bonus will be credited to their USDT-M futures account within 24 hours. This $50 bonus can be used to open leveraged positions or offset potential losses, giving new traders a practical edge in volatile markets. Key Highlights of BexBack: BexBack has rapidly gained traction, with over 500,000 users from 200+ countries and regions. The company is registered with the U.S. FinCEN as a Money Services Business (MSB), and headquartered in Singapore with support offices in Hong Kong and other regions. About BexBack BexBack is a next-generation crypto futures trading platform that offers up to 100x leverage, deep liquidity, zero KYC onboarding, and exclusive deposit bonuses. Focused on speed, security, and user empowerment, BexBack is committed to providing a high-performance experience for traders worldwide. Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today! Website: Contact: [email protected] Contact: Amanda [email protected] Disclaimer: This content is provided by statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. 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Reuters
27-05-2025
- Business
- Reuters
Shanghai Futures Exchange to open wider for foreigners in bid to internationalise renminbi
BEIJING, May 27 (Reuters) - The Shanghai Futures Exchange (ShFE) released draft proposals on Tuesday to open up domestic futures trading to overseas investors for a wide range of commodities as part of an effort to help internationalise the renminbi. China is the world's largest consumer of industrial metals by far, but much of the trade is priced by overseas benchmarks. ShFE has long been working on plans to build its global presence and challenge the dominance of the rival London Metal Exchange. The 34 different proposals, opens new tab, which stretch from options trading and hedging to tin futures, aim to "fully introduce overseas participants" and help internationalise the renminbi, the exchange said. "This announcement is basically a constitutional change for the entire ShFE opening up," said Tiger Shi, CEO of broker BANDS Financial. "Access for foreign investors to all the ShFE products is on a fast track from now on." Draft rule changes covering futures for 18 products including alumina, nickel and copper cathodes, are available for public comment until June 4.


Globe and Mail
19-05-2025
- Business
- Globe and Mail
A Thawing U.S.-China Trade War Is Bad News for Swiss Franc Futures
September Swiss franc futures (S6U25) present a selling opportunity on more price weakness. See on the daily bar chart for the September Swiss franc futures that prices are trending lower. See at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bearish posture as the red MACD line is below the blue trigger line and both are trending down. The U.S.-China trade war is starting to thaw and that's put better risk appetite back into the general marketplace. That's bullish for the U.S. dollar, but bearish for the safe-haven Swiss franc. A price move in the September Swissie below chart support at this week's low of 1.1990 would give the bears more power and it would also become a selling opportunity. The downside price objective would be 1.1350 or below. Technical resistance, for which to place a protective buy stop just above, is located at 1.2250. IMPORTANT NOTE: I am not a futures broker and do not manage any trading accounts other than my own personal account. It is my goal to point out to you potential trading opportunities. However, it is up to you to: (1) decide when and if you want to initiate any trades and (2) determine the size of any trades you may initiate. Any trades I discuss are hypothetical in nature. Here is what the Commodity Futures Trading Commission (CFTC) has said about futures trading (and I agree 100%): Trading commodity futures and options is not for everyone. IT IS A VOLATILE, COMPLEX AND RISKY BUSINESS. Before you invest any money in futures or options contracts, you should consider your financial experience, goals and financial resources, and know how much you can afford to lose above and beyond your initial payment to a broker. You should understand commodity futures and options contracts and your obligations in entering into those contracts. You should understand your exposure to risk and other aspects of trading by thoroughly reviewing the risk disclosure documents your broker is required to give you.