Whether you are a new or a veteran trader, Turbo XBT is a user-friendly platform that offers an exciting opportunity to earn unmatched profits.
The TurboXBT platform itself is fast, efficient, and simple to use. It is also an exciting platform for those with mid-low risk tolerance. For individuals getting into trading, the demo feature is a great way to practice trading before making a financial commitment.
In this article, I’ll show you how to predict short-term price moves on any asset of your choice with TurboXBT.
• You can earn up to 90% in profit when your predictions are correct, which equates to almost double your initial investment.
• TurboXBT offers a limited variety of 38 trade pairs and 17 assets only for trading transactions.
• TurboXBT offers 2 cryptocurrencies for trade i.e Ethereum and Bitcoin.
So what is TurboXBT all about? And how can you predict those short-term price moves?
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About Turbo XBT
Turbo XBT is a trading platform for short-term financial contracts to make a profit. They are referred to as the next-generation online trading platform for short-term trades designed for both experienced and inexperienced traders.
On this platform, as a trader, you can predict the direction of trade using synthetic short-term trading contracts without owning the underlying assets and these contracts expire from a 30-second to 15 minutes time frame depending on the trade chosen.
This means in using TurboXBT, you can predict a trade, the direction of the trades on the market (up or down), and also choose the time frame for the trade.
So how do you predict short-term price moves on any asset of your choice with TurboXBT?
How To Predict Short-Term Price Moves on Any Asset of Your Choice
You can predict short-term price moves on any asset by first fully understanding the risk-reward scenario that is involved because with high stakes comes high risks.
Using synthetic short-term trading contracts, you then select your preferred trading pair from a drop-down menu in the top left corner of the trading interface. The payout ratio will be given along with the trading pair selected. You will then have to carefully analyze the chart to predict future price movements.
After the analyses, you can now select the trade duration from the right side of the platform’s interface, under the deposit button.
From there, you enter the trade amount, and depending on the price movement analysis, you will need to select either the “up” or “down” button. You will find the potential profit for that specific trade below the “amount” column.
You should however note that when you make a prediction, the funds selected will automatically be reserved and deducted from your balance.
If the prediction is correct, the funds will automatically return to the balance, as well as the profit received.
So you must know your risk tolerance level before making a trade.
This is why there is a demo account feature on the right-hand side of the website where you can perform trading test trials or carry out new strategies without losing your capital.
Frequently Asked Questions (FAQs)
What are the features of the TurboXBT platform?
Some distinctive features of this platform include;
- Trades are free of commission
- Choice of Predicting Prices
- Speed and Profits
- Limited variety of trading pairs and assets
- CFD trading
- Active online customer service
What are the assets supported by TurboXBT?
The platform supports the trading of assets such as;
- Forex currencies
Is TurboXBT suitable for beginners?
Yes, it is suitable for beginners who want to make short-term market predictions using an easy-to-use platform as long as they are willing to trust their funds to an unregulated, offshore company that only has a short operational history.
Does using TurboXBT comes with any benefit?
Of course, there are many benefits that you can reap from using TurboXBT. Some of these benefits include:
- A user-friendly interface that makes it easy for you to navigate and trade digital assets
- A wide selection of digital assets that you can trade on TurboXBT.
- A secure and safe platform that protects your data and information.
- 24/7 customer support is always available to help you with any issues or concerns you may have.
How do synthetic short-term contracts work?
As a user, you select the asset pair to trade, for example, the BTC/USD pair.
You then choose a suitable time frame that is visible on the chart interface. After which you then execute the trade by clicking either the green “up” button for the upward trend or the red “down” button to bet on price falls. Trade winnings are dependent on whether the traded pair gained or lost in value.
What should I know about using the TurboXBT demo account?
Most online trading platforms offer a demo account to beginners, inexperienced and professional users for learning and practicing strategies and the TurboXBT platform is not an exception.
To use a demo account, you first have to create a new account on the TurboXBT platform, after which the option for a demo account becomes available. The TurboXBT demo account offers up to $1000 fake virtual money for cryptocurrency, commodities, indices, and forex trading.
As a new user, you can use the demo account to practice trading and learn how to use the platform properly.
As an experienced you can also use the demo account to practice new strategies.
You will also find other features on TurboXBT such as a straightforward registration process, strong security measures, and reliable customer support to ensure a fine trading experience for everyone.
The short-term trading contract also offers you the opportunity to make a profit over a short time frame by predicting a trade correctly and setting the right time frame for the trade in a stable, simple, and beginner-friendly environment with a chance of earning up to 90% profit on daily accurate predictions.
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