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Author Topic: A progressive Bitcoin futures exchange  (Read 639 times)
796
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June 14, 2013, 03:00:34 AM
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A progressive Bitcoin futures exchange
https://796.com

796 Exchange is established and operated by 796 Xchange Limited which is incorporated under the laws of Hong Kong.

796 Exchange is a comprehensive financial website covering futures, stocks, funds, options as well as finance activities related to Bitcoin. We will constantly provide Bitcoin fans with investment channels relating to Bitcoin and promote the Bitcoin application development.

Though it’s just a few days from June 9th, the volume of Bitcoin deposit and trading has surprised us. We really appreciate your trust and support and we will do better. From now on, not only deposit and referral will get you rewarded with stocks, but also the 10 highest volume traders will be rewarded. Here you may find more details: https://796.com/news/detail/10.html

BTC Futures Guidance:

796 Exchange has improved its BTC futures quite a bit comparing to the ordinary futures. Rules are set up to accommodate Bitcoin’s characteristics and market demand. We have enriched Bitcoin investment channels by providing users with two-way leveraged trading services.

796 Exchange applies floating leverage on BTC futures. Taking BTC as collateral and provide margin trading, when Bitcoin price at $100, buying long corresponds to a 2 times leverage while selling short corresponds to a 4 times leverage. If Bitcoin price exceeds $100, the leverage will be enlarged and when Bitcoin price is less than $100, the leverage will be shrunken.

Margin deposit required for buying long is 50% of the Bitcoin investing in the captioned transaction, and 25% for selling short. Every $1 change in BTC price reflects 0.01 BTC profit or loss. When loss of a transaction reaches 98% of the deposit, the contract will be terminated and settled. (equivalent to $49 drop when buying long and $24.5 rise when selling short).

For more details, please check “help” at: https://796.com/help.html?lang=en

IF you have any advice, please do not hesitate to contact us through online service.



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