Infrastructure is developing rapidly in the cryptocurrency industry, but the recent launch of the Wisebitcoin cryptocurrency exchange is nevertheless significant in terms of the immediate value it provides to cryptocurrency users. That’s because the exchange has had a beta version available since 2018, while further developments continue in stealth mode, already serving more than 1.2 million end users with $ 6 + billion in 24-hour trading volume at the time of its official launch. .
In addition to the large user base and deep liquidity, Wisebitcoin also sets itself apart by providing up to 100x leverage to margin traders, with the option to open a long or short position in their futures market. In the current bullish environment, leverage is an important way experienced traders increase their exposure and try to take advantage of volatility.
For example, if a user opened a long position on ETH at a price of $ 750 on January 2, they could have massively multiplied their profits by even a small amount of leverage, such as 5x, as ETH reached more than $ 1,100 in 48 hours. A simple position without leverage would have yielded $ 350 in profit, but a 5x position would have yielded $ 1,750 and a position with 100x leveraged would have generated an incredible $ 35,000 in profit on an initial investment of just $ 750.
In addition to leverage, Wisebitcoin also offers a simple and intuitive user interface and a mobile app that allows users to trade easily and quickly on the go. These features make Wisebitcoin an attractive option for traders of all experience levels.
The technology that enables Wisebitcoin to provide such a high-quality user experience is integration with the cloud, which anchors the most popular coins from other major cryptocurrency exchanges around the world rather than limiting the exchange to just its own coin offering .
At the time of writing, Wisebitcoin already offers over 50 cryptocurrencies for spot trading, including the most liquid coins such as BTC, USDT and ETH. The platform also offers perpetual trading for USDT swaps and currency swaps on the futures exchange, offering over 100 trading pairs and more than 30 cryptocurrency deposits and withdrawals, including BTC, ETH and USDT.
The exchange is headquartered in Singapore, one of the largest finance and technology hubs in Asia. That said, Wisebitcoin has a culturally diverse and decentralized team of 50+ specialists who provide 24/7 live phone support. Wisebitcoin offers an extremely lucrative affiliate program that pays larger commissions than other margin trading platforms in the industry.