BSX1000
The Ultimate Leverage for the Ultimate Trading Experience
Last updated
The Ultimate Leverage for the Ultimate Trading Experience
Last updated
Welcome to BSX1000, your gateway to hyper-efficient trading with up to 1000x leverage on your favorite tokens! With BSX1000, you can invest as little as $100 to gain exposure to $100,000 in a no-slippage market. Currently, we offer the ability to take 1000x leverage positions on BTC, ETH, and SOL.
In the following sections, you'll find detailed information on depositing funds, placing 1000x leverage orders, managing your portfolio, and understanding our fee structure.
To add funds to your BSX1000 account, follow these simple steps:
Navigate to app.bsx.exchange.
Access the BSX1000 platform by clicking on 'BSX1000' in the navigation bar.
In the 'BSX1000 Account Details' section, click 'Deposit'.
Enter the amount of USDC you wish to deposit from your wallet. (Note: Deposits over $75 are exempt from gas fees.)
Click 'Enable Spending', then 'Confirm Deposit' to finalize your transaction.
You can view your deposited funds in the 'BSX Account Details' section.
To place orders with BSX1000, follow these steps to leverage your trading positions effectively:
If you're not already on the BSX1000 page, navigate there by clicking on 'BSX1000' in the navigation bar.
Select your desired margin by clicking on one of the preset boxes or manually entering the amount.
Choose your leverage ratio. BSX currently offers 500x, 750x, and 1000x leverage options.
Set your take profit level to automatically close your position at a profit.
Decide on your market strategy and click 'Long' if you anticipate the market will rise, or 'Short' if you expect it to fall.
Effectively manage your trading activities and monitor the health of your positions by using the tools provided in the positions tab:
Accessing Your Positions: Locate the positions tab directly beneath the trading chart. Here, you can also review your trading history.
Monitoring Position Health: Within the positions tab, you will find key indicators including:
Estimated Liquidation Price: The price at which your position will be automatically closed to prevent further losses.
Estimated PnL (Profit and Loss): Your current profit or loss estimate for the position.
Closing a Position: To manually close a position before it reaches its take profit level or liquidation point, click the ‘X’ next to the Take Profit option.
Reviewing Trade History: Click on the 'History' tab to access a summary of your trades, including the profit and loss details.
BSX1000 prides itself on offering some of the lowest trading fees for 1000x leverage. Our fee schedule is straightforward and designed to favor the trader:
Opening Fee: 0.02% (2 basis points) of the trade value at the time of opening a position.
Closing Fee: Charged only on trades that close with a positive profit and loss (PnL). The closing fee is a scaling percentage charged on the profit of the position. If you close a trade at a loss, no closing fee is applied.
<= 0
0%
>0
20% charged on profit
= > 100%
25% charged on profit
= > 200%
30% charged on profit
At BSX1000, all trades are executed using an isolated margin. This approach ensures that the profit and loss (PnL) of one position does not impact any other positions. An isolated margin is particularly beneficial in BSX1000 as it safeguards traders from the high volatility associated with leveraging substantial amounts. This method allows you to manage risks more effectively by confining potential losses to the margin allocated for each trade.
BSX1000 offers an exceptionally low maintenance margin of 0.025% (2.5 basis points), one of the lowest in the industry. This minimal margin requirement is designed to reduce the likelihood of liquidation, thereby providing an added layer of security for traders using significant leverage. Our goal is to maximize your trading potential while minimizing the risk of unexpected losses.
