Over the years, the contentious exchange has caused considerable confusion. This review will try to shed some light on the real situation. CryptoUpix is a peer-to-peer trading platform offering leveraged contracts to buy and sell in bitcoin.
Go to CryptoUpix.com
CryptoUpix is an operating exchange that is still open to everyone. The team consists of several developers, economists and high-frequency traders offering several types of contracts for traders on the platform.
Traditional Contracts or Futures: A traditional futures contract is a derivative product. It is an agreement to buy or sell a commodity, currency, or other instrument at a predetermined price at a certain time in the future. Available for BTC and other altcoins.
Perpetual Contracts: A perpetual contract is a derivative product, similar to a traditional futures contract. The difference is that it has no expiration or settlement like traditional futures. Perpetual contracts mimic the marginal spot market and therefore trade close to the underlying price of the underlying index. Available for BTC only.
CryptoUpix Enhanced Profit Contracts: they allow contract buyers to participate in the potential growth of the underlying instrument. Available for BTC only.
CryptoUpix reduced profit contracts: they allow contract buyers to participate in the potential downside of the underlying instrument. Available for BTC only.
CryptoUpix’s commission is pretty self-explanatory. The exchange offers up to 100x leverage, with the amount varying from product to product. Of course, high leverage trading is intended for professional and institutional players already familiar with speculative trading and investing.
CryptoUpix does not charge withdrawal or deposit fees. However, when withdrawing bitcoin, the minimum network fee is ostensibly based on the network load of the blockchain. These charges are offset by cryptocurrencies and external bank commissions.
As noted, CryptoUpix only accepts deposits in bitcoins, which also serve as collateral for trading contracts. This is independent of whether bitcoin trading is involved or not.
Start trading at CryptoUpix.com