The cryptocurrency trading feature provides high profits by using small investments. In the same way, users are able to gain profit, whether cryptocurrency price is going to rise or fall. Leveraged trading gives the position to traders to gain profit in a short period of time.
BBOD facilitates maximum leverage facility to traders. If cryptocurrency is raised or fallen, in both cases, traders can take advantage of it. Each day, this market is open. It also able us to act quickly during price fluctuations and take advantage of it.
BBOD Trading Features
BBOD offers perpetual futures markets for TUSD-settled such as BTC/TUSD, BBD-settled (BTC/
BBD). BBOD is also working on the spot markets of BBD/TUSD. BBD/ETH, ETH/TUSD. These will be launched soon on December 10, 2019. BBOD is also planning to launch fixed data futures markets on Q2/2020.
Vanilla Futures Contracts
Bitmex and Deribit offer inverse futures. In these exchanges, a futures contract is quoted in one currency e.g., USD; then, these are changed to other currencies. PnL calculations become complicated in this way.
Vanilla futures contracts are being offered by BBOD. It facilitates traders for quoting and settling one TUSD currency in this method. PnL calculations become easy. In other words, it becomes straightforward.
Multi Assets Platform
Fixed income, commodity, and currency futures will be listed in BBOD. It deals with both crypto futures traditional equity. There are seventeen cryptocurrencies related to perpetual contracts that have been listed by BBOD. Bitcoin , Ethereum , Decred, NEM, Litecoin, Stellar, Cardano, EOS, Ripple, ICON , Tron, Monero, Binance, Digibyte, Elastos, IOTA, NEO, all contracts vs. TUSD are the mentioned perpetual contract in BBOD.
Platform and Connectivity
A mobile responsive web app is currently provided by BBOD. Native Android App and native iOS app in Q2/2020 will be offered soon. In Q1/2020, BBOD offers REST and WebSocket APIs.
How does cryptocurrency trading work?
By hypothesizing on cryptocurrency, price movements come under its trading. By using an exchange, you can buy or sell coins. Similarly, if you think the cryptocurrency will go higher for a long time, then you buy more, and if it falls, then, in this case, you can sell.
In this way, both are leveraged sides. Although you can deposit a small amount of money to gain a large margin in market exposure. So you are in a good position to calculate the profit or loss in the market.
Buying and Selling Crypton currency via Exchange
You need an account to buy cryptocurrency in the form of coins. It is your choice when you are ready to sell these cryptocurrency token until you can keep in yourself safely. Some exchanges make an account in an expensive way, and these exchanges have limits of deposit in accounts.
These markets are decentralized. Therefore, they are not supported by the central government. These cryptocurrencies are only bought and sold via exchanges. It exists in digital records. So digital wallets are used to transfer these cryptocurrencies units from one user to others according to their own desire. Transaction is not final until it has been verified. In this way, a new cryptocurrency is created. All these processes are running across a computer in a digital record of ownership.
Company Details is here
Website Address: https://bbod.io/
BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=2287731
Telegram : https://t.me/BBODCommunity
Ethereum Account: 0x094C3c615517c9E996a04D9e224F55B75C33aC11
Facebook Address: https://www.facebook.com/BBODTrading
TG User Account: @KABIRRAIHAN
Whitepaper page : https://bbod.io/static/BBOD%20(BBD%20token)%20Whitepaper%20-fdd1ea02f2f8d007fac75d9b369d3962.pdf
Linkedin Address: https://www.linkedin.com/company/bbod
Twitter Address: https://twitter.com/BBODTrading
BitcoinTalk Account: Launchpad748