Many people believe that trading digital assets is for a reserved, tech-savvy few. This notion is understandable as many trading platforms and models are arguably not straightforward in terms of platform features and more.
This is not the ideal outlook for the growing digital assets trading ecosystem. TurboXBT, a synthetic digital asset exchange that gives instant profits of up to 90% per trade, wants to change the narrative. By designing very simple processes for onboarding, deposits, trading, and withdrawals, TurboXBT has positioned itself as a next-generation and game-changing brokerage with a very important solution.
What Are Short Term Contract Platforms
It is not uncommon to see trading platforms dedicated to derivatives, options, and futures, but little is known about short-term exchange outfits. While there may be many variations of short-term trading as defined by each brokerage operating in the space.
In all of its variations, short-term contract platforms are those which permit users to take positions in a particular trading pair for a relatively short time span. This time can be different across platforms, but they are quite short, so they help eliminate the risks associated with holding assets for a long period of time.
Short-term contract platforms are gaining ground around the world today; however, identifying the one that is reliable and customer-centric can be a daunting task.
TurboXBT in the Short Contract Trading World
TurboXBT is relatively new compared with its pairs. One striking uniqueness it introduces is that it permits users to trade on synthetic digital assets-assets that tracks the real price of an investment asset- eliminating the drudgery that comes with holding the real assets they represent.
Contract trading on TurboXBT is bi-directional, and users can either speculate on price uptrend or downtrend. Each contract trading on TurboXBT can remain open for either of the following time frames: 30 seconds, 1 minute, 5 minutes, 10 minutes, and 15 minutes respectively.
The TurboXBT platform supports a total of 17 digital assets representing various niche markets, including Foreign Exchange, Digital Currencies, Commodities, and Indices. These trading pairs are redesigned to form 38 trading pairs, all of which have their unique payout rate – profitability rate – which can be as high as 90% per trade.
TurboXBT also offers a Demo Account that is attached to all newly registered accounts on the platform. Users, irrespective of their level of experience and exposure, can practice their strategies through this demo before committing real funds to the platform. Trading on TurboXBT can be particularly risky, and all traders are advised to adhere to strict risk management strategies at all times.
The platform takes a different stance from its peers as it provides a no-KYC and a no-Commission policy. While the former provision gives users complete control over their private data, the latter adds more value to the high return on investment that TurboXBT already offers. Another major difference the TurboXBT platform showcases is its affiliate or Revenue Share program. The platform pays out 50% of all earnings made from new traders invited by existing users-for life through this program. This is unique as it is different from the one-off payment on offer by competing platforms out there.
Independent review of the TurboXBT platform has positioned it as one of the simplest short-term trading brokerages in operation today. From its highly friendly user interface to the ease of onboarding (made feasible through the email address and password only), users, irrespective of their geographical locations, are offered the right amount of flexibility that aligns with the core tenets of decentralization.
Once an account is opened and users have the right confidence to commit real funds after utilizing the demo account, a deposit can then be made. This deposit can be made using BTC, ETH, USDT, and USDC, or through credit/debit cards as facilitated by Coinify. TurboXBT charges no commission for this deposit, however, third-party or network fees may apply.
Once the account is funded, users can follow this prompt to place their first trade; the User selects 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/period.
The TurboXBT platform is as simple as described, and users can open an account, place their first trade and withdraw in just about 5 minutes. The platform’s appreciation can better be gleaned by trying out the outlined feature and many more by visiting the exchange’s official webpage.