TurboXBT is a new synthetic short term trading platform that affords its users the opportunity to earn instant profits in a short period of time. Through its defined trading model in which users can take advantage of limited time movements in the prices of synthetic assets, the instant profit feature lends credence to the revolution the TurboXBT platform seeks to enshrine.
TurboXBT is a New But Promising Digital Asset Marketplace
TurboXBT is relatively new in the digital currency ecosystem, and it has gained a lot of accolades for the introduction of a novel trading model, different from what is currently on offer today. The platform’s uniqueness is visible across the board, and through detailed research and the paying of attention to the needs of users, TurboXBT is committed to the continued improvement of its platform.
The qualities of the TurboXBT platform, as well as its unique technology is notably positioning it aright as the next major hub for digital asset trading in the world.
How Digital Currency Native Products Compares with TurboXBT’s Model
The TurboXBT platform’s short term trading model is one of the growing list of options available to investors and traders in today’s digital ecosystem. The advances in financial asset trading as it relates to the crypto industry has seen the emergence of other options including Copy Trading, staking, and liquidity provisions amongst others.
The Copy Trading model involves a system in which the trading styles of professional traders are copied by amateurs. While it is becoming increasingly popular, it still cannot shield users from the losses that the supposed experts suffer. Staking is a decentralized finance feature that pays out returns to users who lock up their digital assets to help power the operations of a blockchain protocol. Staking works similarly to liquidity provisions in which an asset pair is locked on a decentralized exchange to power trading activities.
While each of these trading/investment options gives a pathway to earn passive income, they all have a steep learning curve, and are generally unsuitable for new users. When compared to TurboXBT, they also offer a lower return on investment for a longer period of time, a trend that makes engaging in these activities not so recommended to push for increased profitability.
What TurboXBT is Doing Differently
With TurboXBT, the user can enter into either an UP or DOWN contract to earn as much as 90% per trade. Before we dive into how this works, a brief overview of the platform is key.
The TurboXBT platform supports a total of 17 digital assets, all spread across 38 different trading pairs. Each of these trading pairs is diversified in terms of their underlying market as assets from the crypto world, foreign exchange market, as well as indices and commodities are notably featured. Each of the trading pairs have their own unique payout rates, that is, the percentage earnings per trade. This payout rate is either represented as a single double-digital percentage, or as a range. The payout rate is not static, and the conditions in the underlying market are known to affect it accordingly.
An account is needed to trade on TurboXBT, and this can be obtained through a simple process with a working email and password being the only requirement to get onboard. With the account up, the user will need to make a deposit to access the live trading option on the platform. Deposits can be made through either one of Bitcoin (BTC), Ethereum (ETH), USDC, or USDT respectively. There are no defined limits on deposits, and commissions are not charged, although network fees may apply.
Once the funds are in the account, the user is then ready to place his first trade. To do this, 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.
Unlike the aforementioned staking and liquidity provisions, the short term synthetic asset trading on TurboXBT is as simple as described. Depending on the asset pair chosen, earnings atop a single trade which typically spans from 30 seconds to 15 minutes can be up 90%. This highlights the superiority of the TurboXBT platform over the conventional options available today.
The promise of profitability on TurboXBT does not imply using the platform without its risks. Users must trade with the right fundamentals, and adopt the right risk management strategies.
Other Benefits of Using the TurboXBT Platform
The TurboXBT platform was designed to be very easy to use for new users while offering the professional interface for experienced traders. The platform brandishes a number of benefits that further returns value to the users beyond the platform’s high earnings and payouts. Some of these features/benefits includes;
- The integration of multiple languages including English, Spanish, and French amongst others to aid global adoption.
- The elimination of Know Your Customer (KYC) procedures at the point of registration to aid the easy integration of users,
- The design of a stable platform with 99.9% of uptime, and;
- The provision of a demo account through which new users can practice trading on the platform to get an idea of how synthetic trading involving Bitcoin and Ethereum pairs amongst others work.
Despite being a new trading platform, TurboXBT is pioneering a new niche of cryptocurrency trading that offers the right amount of rewards for the least exposure to risks. The platform has a reliable 24 hour customer support system that is readily available to provide assistance to all of its users. In all, the TurboXBT team is committed to further research and development, a push that will make it continue to add to its suite of products and services in the near future.