Rollbit: An Exciting Cryptocurrency Trading Platform Offering x1000 Leverage

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Rollbit, a popular cryptocurrency casino platform, has ventured into the world of trading with the recent introduction of a new feature that enables users to bet on the price of Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) and Litecoin (LTC).

Trade Bitcoin & Ethereum with up to x1000 Leverage

The trading feature is straightforward and makes cryptocurrency enthusiasts feel right at home as the user experience blends seamlessly with the rest of the platform. Accessible from the dashboard, users can bet on the price movement of four different cryptocurrencies and potential earnings can be boosted by using leverage.

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For Bitcoin and Ethereum, up to x1000 leverage is available, meaning that $10 in capital can be used to trade with up to $10,000. For smaller markets like Dogecoin and Litecoin, the maximum leverage is x100, so $10 in capital can be used to trade with up to $1,000.

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All of the necessary features to place well-informed bets on the cryptocurrency markets are provided, including:

  • Real-time charts with customizable timeframes and technical indicators,
  • A stop loss/take profit function to lock in profits and minimize the risks associated with the fluctuations in the prices of cryptocurrencies. Users can select to exit a trade either by specifying a particular price or by setting a dollar amount of profit/loss, and
  • The ROI calculator allows users to experiment with different entry prices, levels of leverage and wagers to view different scenarios and understand how their profit/loss will be affected.

Cryptocurrency Trading with Minimal Fees

An impressive aspect of Rollbit is that fees for cryptocurrency trading are minimized, along with fair and transparent pricing.

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Unlike other trading platforms, there are no fees involved with entering or exiting trades. Rollbit offers minimal fees to its users by taking a small percentage of profitable trades. This provides not only a smooth trading experience but also ensures that the incentives of the platform are aligned with their customer’s best interests (i.e., guaranteeing Rollbit is not trading against them).

It’s worth noting that the only other fee applicable to traders on the platform is a funding fee (which depends on the direction and size of the trade), which is only charged after eight hours from when the trade is opened and until it is closed.

The method in which the prices of different cryptocurrencies that trade on Rollbit are calculated is completely fair and transparent. The rates you see on Rollbit are derived from real-time price feeds comprising the world’s most liquid cryptocurrency exchanges. That means traders are never exposed to the risks of outages, market manipulation or other trading anomalies that may occur on individual platforms.

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Trading Contributes to Level Up Bonuses

Not only does Rollbit provide an easy-to-use, intuitive interface with low fees but the profit and loss generated by the user also contribute to the total amount wagered on their account. The greater the amount a user has wagered, the more rewards they can earn through Rollbit’s ranking system.

As more trades are executed, the profit and loss for each trade will contribute to improving their rank, enabling users to earn rewards for leveling up just by trading cryptocurrencies. You can learn more about Rollbit’s rewards program here.

Social Trading: Leaderboards and Shareable Trades

Rollbit brings more of a fun and social aspect to crypto trading. Compete with your friends to place on different trading leaderboards and share links to your trades so that others can view your profit/loss in real-time.

The support team is available 24/7 and boasts an average first response time of 25 seconds, so you’ll always quickly find the help you need if you ever have a problem. A variety of deposit and withdrawal options are supported, including the leading cryptocurrencies like Bitcoin, Ethereum and Litecoin, along with fiat gateways through major credit/debit cards, Apple Pay and Google Pay.

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Rollbit has progressed from strength to strength since its inception in February 2020 as a crypto casino. In just over a year, innovative games have been introduced, and the platform has successfully blended two different segments – a cryptocurrency casino and a cryptocurrency trading platform – together.

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Author: NewsBTC

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