How to buy long

What is buy long?

Eg: BTC/USDT, borrow USD and buy BTC at a low price then sell it at a high price to earn the spread.

How to buy long?

Eg: BTC/USDT, if we predict that the price of BTC will increase, when you have 10000USDT in the account, you can borrow up to 190000USDT. When BTC price is 10000USDT currently, you can buy 20BTC with unit price 10000USDT. Then, when price increased to 20000USDT, we can sell BTC and earn profit 200000USDT, that is 20BTC*（20000-10000）=200000 USDT.

1.Input www.bw.io and enter into ‘Margin trading”, choose the trading pair and finish the loan.

2.Enter buying price and quantity, click “Open Long”

Summary:

When price goes up, open long can get profit.

Through margin trading to open long, multiply the profit.

BW.io can support 20X margin. You can borrow tokens from BW.io to enlarge the profit. Reminder: any investment comes with risk, please pay attention to control the risk when playing margin trading.

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BW, Bit World, Better World

BW.com Global Operations Team

December 7, 2019