BITHOVEN - Buy and Sell Cryptocurrency Now

[Bithoven official]

Market Orders
A market order is an order to quickly buy or sell crypto at the best available price. Market orders deal with the execution of the order – the price of the cryptocurrency is secondary to the speed of completing the trade. Considering the fact that market orders are executed right away, a market buy order will match the cheapest limit sell order available on the order book.

https://bithoven.com/ 

[1715419394]

1715419394

[1715419394]

1715419394

[Bithoven official]

Scaled Orders
A scale order includes several limit orders at incrementally increasing or decreasing price levels. If it is a buy scale order, the limit orders will decrease in price, triggering buys at lower prices as the price starts to decline. Conversely, with a sell order, the limit orders will increase in price, allowing the trader to take advantage of increasing prices, thereby locking in higher returns. Traders often use scale orders as a strategy for buying or selling large amounts of crypto. If you choose this option, you will be able to create multiple limit orders with the same conditions in one sitting.

https://bithoven.com/ 

[Bithoven official]

Where Is My Deposit?
Deposit processing time varies from crypto to crypto and is dependent, as a rule, on the network performance. Once the transaction has been made, it cannot be reversed due to the nature of blockchain. If you can’t locate the sent deposit amount in your account, please take these troubleshooting steps:
a) check if the transaction was confirmed on blockchain;
b) get convinced that you’ve used the correct deposit for your chosen crypto;
c) make sure the input payment ID (destination tag/memo/message) is correct;
d) make sure Bithoven.com does not run any important/scheduled updates;
e) make sure the chosen coin for depositing is supported on the platform.

https://bithoven.com/ 

[Bithoven official]

Mistakenly Sent Deposit
As you know, blockchain transactions are irreversible, therefore you have to be very attentive and careful when initiating a blockchain transaction. Please ascertain that the deposit wallet address is correctly copied and contains no typos or errors. In case you made a deposit in the wrong currency, for instance, you tried sending ETH to a BTC address, it may be possible to restore it. You will need to contact our Customer Care Team to find out what can be done to sort the things out. Please note that this process can be rather time-consuming and labor intensive.

https://bithoven.com/ 

[Bithoven official]

No Deposit Fees Charged
Regardless of the type of cryptocurrencies, all deposits on Bithoven.com are free of charge and all users can take the full advantage of the Bithoven.com services. Enjoy the full specter of trading tools!

https://bithoven.com/ 

[Bithoven official]

What Is Margin?
A “margin” is the relative amount necessary to carry out a leveraged deal, taking into consideration spreads, leveraging and currency conversions. When trading on margin, you are using borrowed funds to place orders, in contrast with directly owning and using the funds deposited or held on your account. As such, margin trading amplifies the trading power so that traders are able to realize larger profits on successful trades.

https://bithoven.com/ 

[Bithoven official]

What Is Margin Trading?
Margin trading is a method of trading cryptocurrencies using funds provided by a third party. You can use margin to create leverage. Margin trading starts with a margin account, where you have the ability to use leverage based on the amount that you put into the margin account. Here, for every 1 BTC deposited to a margin trading account, a crypto trader is able to enter into trades worth 3 BTC or 20 BTC, accordingly.

https://bithoven.com/

[Bithoven official]

What Is Leverage?
“Leverage” is the increased trading power that is available to margin account holders. Leverage is expressed as a ratio (for instance, 1:3 or 1:20). Leverage may be applied to both buy (long) and short (sell) positions. You can use margin to create leverage.

https://bithoven.com/ 

[Bithoven official]

Spot Exchange & Margin Trading
Trading on exchange implies a trading activity between cryptocurrencies you own. After executing a trade, the funds are available for buying or selling again or they can be withdrawn. Conversely, by trading on margin, you are not obliged to own or have possession of the underlying cryptocurrency to open a position. Traders use leverage to open a position, where leverage ratio can be set to 1:3, 1:10 or 1:20, respectively.

https://bithoven.com/ 

[Bithoven official]

Spread vs. Floating Spread
Spread is the difference between Bid and Ask prices. In contrast, Floating Spread is a constantly changing value between Ask and Bid prices. It accurately reflects the prices of trading instruments and how quickly they are changing. Floating Spread you pay for purchasing a currency pair that fluctuates and is dependent on supply, demand and total trading activity.

https://bithoven.com/   

[Bithoven official]

Long & Short Positions on MT5
There are two types of orders: Long (buy) and Short (sell) positions. They characterize the trade order entries based on possible cryptocurrency price movements (increasing or decreasing). Using a buy limit order allows you to specify the exact price you want to buy CFDs. This price is a calculated entry point. A stop order includes a stop price that triggers the allowance of a market order. If the market price moves to the stop price, then a market order to sell is triggered. Until these conditions are met, it is a pending order and does not influence your account totals or margin calculation. Market orders (buy or sell) are meant to execute as quickly as possible at the current market price.

https://bithoven.com/ 

[Bithoven official]

How to Restore Margin Account Password?
In case you accidentally forgot or lost your margin account password (Demo or Live accounts), you can easily restore it. Here is how to do it:
• Navigate to dashboard and press “Margin.”
• Select “My accounts.”
• Find the account you want to restore access to and press the Settings icon in the right column.
• Press the “Forgot password?” feature and you’ll receive a password resetting instruction to your email address. Tap the “Reset Password” button and you will receive a new password for your margin account to your email address.
Important! Keep your login/password pair safe to prevent unauthorized access to your margin account. You’re advised to use a secure password manager to store your passwords (DashLane, KeePass, etc.)

https://bithoven.com/ 

[Bithoven official]

Margin Referral Program
Margin Referral Program is one of the most popular ways people make money online and for some it can be a passive income once established. In simple terms, it is a strategy where an individual (a registered platform user) promotes advanced Margin Trading services available on Bithoven.com in order to earn a commission by referring traders who are willing to use margin trading for speculative purposes.

https://bithoven.com/ 

[Bithoven official]

Join Margin Referral Program
The more you attract new active traders to Margin trading services, the greater your net revenue will be. Register an account on Bithoven.com and get access to your Referral Link and promo materials. Popularize cutting-edge Margin Trading service offered by Bithoven.com on other websites or run catchy advertising campaigns. Receive 3% commission from the trading fee paid by your Referrals and achieve your revenue goals and new heights.

https://bithoven.com/ 

[Bithoven official]

NO LIMITS to Using Referral Links/Banners
For participants of our Referral Program, there are no limits or restrictions to using Referral Links or embedding Referral Banners. You are free to advertise our online cryptocurrency trading services on your website(s), blog, forums, video channels, etc. — your promotional activities are entirely performance-based. The more you spread the word about Bithoven.com crypto trading services, the greater your Referrals’ involvement and Referral commission. Share the love for state-of-the-art crypto trading right now!

https://bithoven.com/