BitSeven – Bitcoin Leveraged Trading Exchange

BitSeven: Is Bitseven Trusted Bitcoin Leveraged Trading Exchange Platform?

BitSeven leveraged trading enables users to gain high profits with small investments. Users are in a position to make a profit whether the cryptocurrency price rises or falls. Leveraged trading can be used as a hedge against the risk of your investment diminishing when the cryptocurrency price goes down.

Leveraged trading is appropriate for traders who wish to optimize their profits from holding positions for a short period.

BitSeven offers a maximum of 100x leverage on Bitcoin, Ethereum, Litecoin, and Ripple trading. Users who believe the price will increase buy ‘up’ orders, and those who believe the price will decrease buy ‘down’ orders.

If the price rises 1% after placing the up order, your profit will be 100%. In reverse, if the price falls by 1% after placing the down order, your profit will be 100%.

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What Is BitSeven?

BitSeven is one of the newest most advanced cryptocurrency leverage trading, the bitseven exchange and purchasing platform for Bitcoin, Litecoin Ethereum, and Bitcoin Cash trading. The trading platform is backed by a team of skilled software developers, financial professionals, and experienced traders along with best in class technology which together allows the user to do reliable trading. The use of advanced technology further leads to a real-time clearing and advanced order matching algorithms as well as fault tolerance and uptime for smooth trading experience.

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BitSeven Bitcoin Leveraged Trading Exchange Platform Features

Leveraged Trading:

BitSeven leveraged trading enables users to gain high profits with small investments. Users are in a position to make a profit whether the cryptocurrency price rises or falls. Leveraged trading can be used as a hedge against the risk of your investment diminishing when the cryptocurrency price goes down. They offer a maximum of 200x leverage on Bitcoin, Ethereum, Litecoin, and Bitcoin Code trading. Users who believe the price will increase buy ‘up’ orders, and those who believe the price will decrease buy ‘down’ orders.

Multi-Platform Support:

There is no need to install any software. BitSeven is web-based, allowing you to trade quickly and securely across all operating systems and devices.

Fast Execution Speed:

Lightning-fast execution speed guarantees swift and effective transactions. The site’s core matching engine uses best-in-class technologies and has been recognised for its fault tolerance, uptime, and high availability thanks to its innovative features, including real-time clearing and advanced order matching algorithms.

  • Strong Security: It is protected against DDoS attacks and fully data compliant with PCI DSS standards. All funds are kept in cold storage.
  • Bi-directional position: You can take the opposite directional position while you are holding a position. For example, you can hold a down position while holding an up position.
  • World Coverage: It provides service in 99% of countries around the globe.

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bitseven-join

 

What is cryptocurrency leverage trading?

Leveraged trading is appropriate for traders who wish to optimize their profit from holding positions for a short period.
You can make a profit whether the price rises or falls.
We offer a leverage amount of 1x/5x/10x/25x/50x/75x/100x by items based on BitSeven index.

Which digital assets can be traded on Bitseven?

Users can trade with Bitcoin, Ethereum, Litecoin, and Ripple.

What is the difference between a market and a limit order?

A limit order is an order that sets a particular price that you are willing to buy or sell. With a market order, your order will be executed immediately at the current market price.

If you turn the profit auto-sell on, when will the profit auto-sell occur?

When the profit of the position’s average price becomes 100%, the corresponding position will be sold at the market price by the automatic trading system. The profit auto-sell function can be turned on or off at the bottom right of the leverage trading section (Choose between 100%, 200%, and 300%). This function is useful for efficiently responding to the rapid movement of the market price or for conducting planned sales. You need to set the profit auto-sell function for each position.

Who Is BitSeven For?

Leveraged trading is best suited for traders who wish to optimize their profits from holding positions for a short period. One of the major advantages of this type of trading is that the trader has the opportunity to earn a profit in both rising and falling cryptocurrency prices situation. In this type of trading, the user can take advantage of the quick price fluctuations and short-term volatility of the crypto market.

BitSeven Leveraged Trading Rules

  • BitSeven leveraged trading is a service that offers a leverage effect on the change of cryptocurrency prices. Users can have profits whether cryptocurrency prices rise or fall. Traders wishing to make profits from rising prices may place an up order. Conversely, traders who believe the price will fall may place a down order.
  • Deposit

    You can make deposits in Bitcoin. BitSeven only accepts Bitcoin deposits. BitSeven’s deposit addresses are unchanged multi-signature cold wallet addresses.

bitseven-deposit

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  • Bitseven Withdrawal

    You can make withdrawals only in Bitcoin.

  • Leverage

    We provide up to 100x leverage for four items: Bitcoin, Ethereum, Litecoin, and Ripple. Users can select the amount of leverage they require.

  • Bi-directional position

    You can take the opposite directional position while you are holding a position. For example, you can hold a down position while holding an up position.

  • Bitseven Profit

    When 50x leverage is applied: If you place the up order and the price goes up by 2%, your profits will be 100% as 50 times leverage is applied. In reverse, if the price drops by 2% after the down order, your profit will be 100%.

  • Loss

    When 50x leverage is applied: If you place the up order and the price drops by 1%, your loss will be 50% as 50 times leverage is applied. In reverse, if the price goes up by 1% after the down order, your loss will be 50%.

  • Bitseven Profit Auto-Sell

    When the profit of a position’s average price becomes 100%, the corresponding position will be sold at the market price by the automatic selling system. The profit auto-sell function can be turned on or off at the bottom right of the leverage trading section. (Choose between 100%, 200% and 300%)

  • Loss cut (Loss Auto-Sell)

    When the position’s average price reached the price of loss cut, the corresponding position will be sold at the market price by the automatic selling system. When the position’s loss cut is executed, your available balance will not be included to maintain your position and the loss is limited within the range of the purchase amount. You can limit your loss because your available balance will not be used at the position.

  • Change the position’s loss cut price

    If you make an additional purchase, you can change the position’s loss cut-price because the average price, which is the basis of the loss limitation, is changed.

  • Position Retention Period

    You can keep your position for up to 240 hours. Positions that have not been sold before expiration will be sold automatically at the time of expiration at the market price.

  • BitSeven Index

    BitSeven Index is based on average weighted price quotations taken from Poloniex, Bitfinex and Binance exchanges. In case Poloniex, Bitfinex, and Binance or any of these exchanges suspends its service or otherwise unable to submit price quotations due to any problems, BitSeven is rightful to apply immediately Index based on average-weighted price calculations of remaining operating above listed exchanges. Besides BitSeven may change any of such a source of price quotations at its own discretion after prior notice of such changes.

  • Trading Server Maintenance

    Regular server maintenance takes place from 11:00 am. to 11:30 a.m. (UTC time) on the 30th of every month. During server maintenance, new orders cannot be sent, but hold positions are retained.

Payment Method

  • BitSeven only accepts Bitcoin deposits.
  • BitSeven’s deposit addresses are unchanged multi-signature cold wallet addresses.
  • To purchase Bitcoin or Altcoin or to exchange them for cash, you can use major exchanges such as bitFlyer, Kraken, Remitano, Bithumb, and Luno.

BitSeven Conclusion

BitSeven strives to meet customer expectations by ensuring, to the extent possible, the level of product and service performance and by rapidly addressing customer requests, concerns, and complaints. They recognise that the exchange’s success depends on its customer success, so BitSeven works continually to improve customer trading terms.

To learn more about the Bitseven exchange, or to create your account, visit bitseven.com.

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