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THE WORLD BIGGEST EXCHANGE
WELCOME TO ELTOSX
Decentralized Exchange.
5 Billion Bitcoinx(BCX) Coin Air drop 7.2 Million USD=720 BTC
ELTOSX EXCHANGE PARTNER
TOTAL USER = 47049
NOW IS YOUR TIME.WITH ELTOSX YOU CAN START CRYPTO EXCHANGE WITH EASE,
CONFIDENCE AND TRUST. WHETHER YOU’RE A FIRST TIME TRADER
OR A PROFESSIONAL HAS GOT YOU BOTH COVERED!
WHAT IS ELTOSX?
ELTOSX IS THE MOST EFFICIENT CLOUD MINING COMPANY OFFERING THE MOST COST EFFECTIVE
CRYPTOCURRENCY CLOUD MINING SERVICES TO OUR USERS.
A cryptocurrency exchange is a business that allows customers to trade cryptocurrencies or digital currencies for other assets,such as conventional fiat money or otherdigital currencies.A cryptocurrency exchange can be a market maker that typically takes the bid-ask spreads as a transaction commission for is service or,as a matching platform,simply charges fees.
WHAT IS MARGIN TRADING?
AND HOW WE WORK IN MARGIN TRADING PLATFORM?
Margin trading with crypto currency allows users to borrow money against their current funds to trade crypto currency “on margin” on an exchange. In other words, users can leverage their existing crypto currency or dollars by borrowing funds to increase their buying power (generally paying interest on the amount borrowed, but not always). For example, you put down $25 and leverage 4:1 to borrow $75 to buy $100 worth of Bitcoin. The only stipulation is that no matter what happens, you’ll have to pay back to $75 plus fees. In order to ensure they get the loaned amount back, an exchange will generally “call in” your margin trade once you hit a price where you would start losing the borrowed money (as they will let you borrow money to trade, but they don’t want you losing that money). A margin call can be avoided by putting more money into the position. A given exchange will have a range of different leveraging options (2:1, 3.33:1, 4:1, 100:1, etc.). Margin trading can be done short (where you bet on the price going down) or long (where you bet on the price going up). Further, it can be used to speculate, to hedge, or to avoid having to keep your full balance on an exchange.
HOW MARGIN TRADING CRYPTOCURRENCY WORKS LEVERAGING
The with introduction covered, let’s cover some of what we touched on above in detail. Margin trading is in simple terms just borrowing funds to leverage your bet. You take extra risk for the chance of extra reward. Logically, this is something you primarily want to do when you think the odds are in your favour. With margin trading you can, for a theoretical example, buy $10,000 worth of Ethereum with only $5,000 (borrowing 50% AKA leveraging 2:1 or 2x). You put down your $5,000, you borrow the other $5,000 from a lender automagically (generally either borrowing from the exchange or other traders), and then when you sell you may-or-may-not pay a fee (that fee being interest on the money borrowed). With that said, because you are borrowing money, you owe the money back along with any applicable fees, no matter what. That means if you bet on cryptocurrency going up, and it goes down or stagnates, and you have to sit on your coin, you’ll rack up interest in cases where interest is charged. That also means, if it goes down, you’ll owe what you borrowed plus any fees even though you lost money.
WE TRADE IN FUTURES MARKET KNOW HOW?
The introduction of Ethereum futures on regulated trading venues was regarded as a significant milestone in bringing the digital currency closer to mainstream investing. While some skeptics still believe that crypto assets are too risky and speculative for long-term investment purposes, crypto enthusiasts hope that futures trading would bring institutional money to the industry. Let’s have a closer look at what is a Ethereum futures contract and how to capitalize on it. In essence, Ethereum futures represent an agreement to sell or buy a certain amount of an asset on a particular day at a price that was fixed beforehand, and to that extent, they are no different from any other derivative financial instrument of the kind, be it futures for corn, oil or soybeans. Companies and businesses buy futures to fix the price for a specific time period, which gives them the luxury of price stability even on volatile markets, while investors often use futures for hedging risks or speculations as the value of the futures contracts is based on the overall performance of an underlying asset.
HOW IT WORKS?
Speculating on Ethereum price movements
Ethereum futures are used to bet on future price movements either to hedge spot market positions or to benefit from both growing and falling market trends without actually owning the underlying asset. Let’s suppose you expect that the price of Ethereum will grow. To buy a futures contract, you have to provide marginal collateral in the amount of 50% from the contractual value, pay a brokerage fee and exchange fee from $15 to $30 depending on the trading venue. If the Ethereum is higher than your futures contract price agreement, you can profit from the surplus. However, if the Ethereum’s exchange rate goes down, you’ll incur substantial losses as you will have to pay out the difference and maintain the collateral at the required level.
ELTOSX EXCHANGE PARTNER PROGRAMME VIDEO PRESENTATION
BENEFITS
WE AIM TO BE THE MOST USER FRIENDLY AS WELL AS COST EFFECTIVE ETHEREUM CLOUD MINING
COMPANY. WE OFFER TO OUR CLIENTS A TRANSPARENT AND HASSLE-FREE
BITOIN MINING OPTION AT COMPETETIVE.
EQUIPMENT
We mostly use miners produced by leading mining hardware producer – Bitmain™. All miners come with manufacturer’s warranty and can be quickly repaired or replaced if needed. Due to the fact that we use large number of miners we can get the best possible prices of mining equipment, which would be impossible to get for small scale or individual miners. We can offer ~99% uptime of our mining equipment.
ELECTRICITY
Due to scale of our operations we can get electricity for the cheapest industrial price from electricity producers and providers. Since electricity cost is the highest operational expense we pass electricity cost savings to you and ensure the most cost efficient operating model is used. We offer probably the lowest maintenance fee in the Ethereum mining cloud market.
SUPPORT
Each of our clients is equally important, regardless of whether it has the smallest or largest plan. For every customer, we try to provide as soon as possible with email support, telephone and social networking support. As a result, we are constantly looking for innovative solutions to respond as quickly as possible to all customer-related questions.
SECURITY
To create not only the largest, but also the safest mine of crypto currencies in Lithuania, we have developed a number of security requirements for us, some of them:
- There is no other activity in the mine area
- Facilities and area monitored and guarded 24/7,
- A high-level ventilation system that ensures that there is no overheating of the equipment
- Access to internal premises is organized from the security post.
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