There are many short-term trading platforms out there in the market today. Still, TurboXBT offers several advantages that separate it from the competition, including having one of the highest payout rates in the industry.
Although the platform is a relative newcomer, it has signaled its ambitions to become a market leader by aggressively focusing on giving users a fairer deal. Here is a rundown of some of the advantages of trading short-term contracts with TurboXBT:
The Advantages of TurboXBT
- Simplicity: TurboXBT was built from the ground up as an easy-to-use platform. The simple, unfussy homepage offers quick access to every feature, enabling users to concentrate on the task of making money. What’s more, this simplicity extends to the signup process, registering an account requires just an email address and setting a password, which takes less than 2 minutes to do.
- Diversity: Users have access to 17 different synthetic assets across cryptocurrencies, indices, commodities, and forex. These are further split into 38 different trading pairs. The range of trading options means you can be sure of finding a familiar asset pair that you are comfortable trading.
- Multi-Funding Model: Depositing funds is a hassle-free experience with support for digital currencies (BTC, ETH, USDT, and USDC). And thanks to payment partner Coinify, users can also use debit and credit cards as well.
- Demo Account Support: Every registered user has access to a demo account with $1,000 available for risk-free trading. Through this feature, users can familiarize themselves with using the platform and practice trading strategies in a live trading environment.
- No-KYC: as TurboXBT does not subscribe to KYC legislation, users are not required to submit personal data for verification. This also means the threat of data privacy breaches from the platform is next to nothing.
- No-Commission Policy: the platform operates no commissions on deposits, withdrawals, or earnings. This means users get to keep more of their money.
- Revenue Share Program: offers another way to earn with TurboXBT. By referring users to the platform, you can earn 50% of their winnings for as long as they trade with TurboXBT. With no cap on income or the number of referrals, the scope for building a substantial passive income is huge.
How Does Short-Term Contracts Trading Work?
TurboXBT offers users the opportunity to make money by trading short-term contracts, making as much as 90% in as little as 30 seconds.
Start by selecting an asset pair to trade, for example, BTC/USD. Then pick a suitable time frame, which is shown on the chart interface. Executing the trade is done by clicking either the green UP button for a bet on the price going up or the red DOWN button to bet on the price falling. Winning the trade depends on whether the contract gained or lost value within the set time limit.
However, trading does come with risks. But to mitigate this, TurboXBT has published resources on its blog that highlight common pitfalls to watch out for. Nonetheless, using adequate risk management strategies while taking advantage of the benefits offered by TurboXBT can bring generous returns on your investment. Sign up today and see for yourself.