In stocks or crypto markets, trading fees are sometimes just a fraction of a percent, and most people don't care too much about them, but if you are a day trader or want to become a professional trader, this small percentage can likely mean a lot of money that you are just handing over to exchanges over time.
Every time you execute a trading order buy or sell, usually, you have to pay fees based on the size of your position.
The fees are not the only challenge crypto traders face. If you trade crypto, you know that crypto markets can fluctuate a lot which can be beneficial and dangerous based on the exposition and size of your portfolio.
To avoid the risk of being exposed in spot markets with large investments in crypto assets that may suffer the impact of market variations, traders can take advantage of Leverage, which is the ability to trade a large position using only a small amount of trading capital (margin).
Leverage is one of the greatest advantages of futures contracts trading because it increases the financial capabilities of traders and, as a consequence, the trading results. Trading crypto with leverage allows larger gains to be obtained with smaller investments, and it can deliver returns faster than most investors would otherwise expect. Traders can be exposed to a larger position in the market, which provides the opportunity to magnify their results.
To save your money on trading fees and to maximize your profits with leverage, I want to present to you a solution that offers leveraged Zero-Fee trading, which can be a safe haven for traders.
BBOD ultra-fast matching engine allows users to execute as many trades as they want at high speed with no fees and without having to leave their assets in full custody of an Exchange. It is a mix of security and speed that allows traders to speculate whether the prices of many crypto assets are going up or down. Thus, users can trade long or short and can leverage up to 50 times, which can be favorable for profit maximization.
Currently, a total of 20 cryptocurrencies can be traded against the stable coin TrueUSD (TUSD) in perpetual futures contracts and the entity aims to list contracts on +50 cryptocurrencies by Q2/2020 and +100 by Q4/2020.
Check it out, on BBOD you can use leverage and trade futures contracts of Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, EOS, Cardano, Monero, Neo, Digibyte, BINANCE Coin, Cosmos, Dash, Chainlink, Link, VeChain, Tezos, IOTA, Verge.
You've probably paid hundreds of dollars on transaction fees on other exchanges. As a trader, every penny counts. Thus, BBOD offers its users leveraged Zero-Fee trading, which you can take advantage of right now.