Find Out How Short-Term Contracts Work On TurboXBT
Traders or investors in the digital currency ecosystem often find themselves roaming around various marketplaces. The catch is to find a platform with a robust market, offers a good return on investment, and offers an exceptional user experience. While these demands may appear simple, finding a suitable outfit has always been an arduous task.
The need to fill in the gap for the loopholes in trading platforms led to the emergence of TurboXBT, a short term synthetic asset trading platform with guaranteed instant profits, and a quick payout. TurboXBT was designed as a game-changing digital asset exchange where all users – irrespective of their trading experience, or capital base – are offered an equal opportunity to excel.
TurboXBT Amidst Other Trading/Investment Models
TurboXBT caters to the needs of traders or investors in both the traditional financial markets and the emerging world of digital currencies. There is an overlapping correlation between these two markets as financial technology innovators have crafted a similar market that borders around each of these diverse industries.
For example, while traders can trade futures in the mainstream market on commodities and Exchange Traded Funds, so also can they do for cryptocurrencies including Bitcoin (BTC). The same applies to TurboXBT in that it supports traditional assets like indices, and crude oil, as well as emerging assets like crypto.
However, trading futures, stock market assets and other heavily regulated traditional market products have their drawbacks, when compared with many metrics including the prospective profitability and learning curve of these trading models. While each of these traditional trading markets typically offers a relatively low return on investment, the time frames for trades to run can span from 24 hours to weeks and months.
There is a fact underlying all kinds of markets, and that is the likelihood of ushering in unforeseen circumstances that can shift the direction of any trade. While these developments can be a force for good in favour of the trader, this is rarely the case. In addition, stocks, bonds, and their associated futures, options and derivatives markets often have a long learning curve, making it unsuitable for new entrants.
The approach of TurboXBT is markedly different as there are 5 unique timeframes to every open trade. This includes 30 seconds, 1 minute, 5 minutes, 10 minutes and 15 minutes respectively. With the short time span for all kinds of supported markets, traders cannot be caught off guard by the uncertainties that macroeconomic events can stir.
The higher return of TurboXBT which typically span from 55% to a maximum of 90% per trade is also a marked difference from stock markets, and its associated trading models. The question that lies at the heart of traders now is that, if I can get as much profit per trade as TurboXBT is willing to offer within a maximum of 15 minutes, then why open a trade for days, and months for less return?
The ambition of every trader is different, and so is their risk tolerance. While TurboXBT showcases profitability in its offerings, it has one unique thing in common with futures and other trading models, and that is the risk factor, which when not effectively managed can lead to losses.
Here is How TurboXBT Works
TurboXBT is free for every trader, and this applies to account opening, as well as deposits, withdrawals, and earnings. The no-commission policy is at the core of our value offerings as the platform is designed to maximize every capital that the trader is investing on the platform.
Once an account is opened using an email address and password (no KYC data is required), users can fund their account through any of the supported methods including digital currencies (BTC, ETH, USDC, and USDT), or via credit or debit cards through Coinify, our crypto payments partner.
With a funded account, the user will need to select the asset pair to trade, for example, the BTC/USD pair. A suitable time frame that is visible on the chart interface is then chosen, and the trade is executed by clicking either the green UP button for the upward trend or the red DOWN button to bet on price falls. Trade winnings are dependent on whether the traded pair gained or lost in value within the set time limit.
Several market forces are responsible for the changes that happen in the market per time, and it is recommended that users learn how fundamental and technical analysis impacts trade decisions per time.
The simplicity and user-friendliness of TurboXBT, a feature that is embodied in all aspects of the trading platform are unmatched, and as it journeys unto maturity, additional products and incentives to reward its users and community are billed to be rolled out.