◆ What is Bex500 commodity?
Bex500 Commodity are the Commodity contracts settled by BTC/USDT. Bex500 Commodity integrated the advantages of traditional finance and the Cryptocurrency market and has become one of the most popular products on Bex500.
Bex500 Commodity includes:
Brent contract（BRN）、WTI Oil（WTI）、Gold（XAUUSD）、Silver(XAGUSD)
The quotation of Bex500 Commodity:
Bex500 Commodity is quoted by USD.
You may select a USDT settlement account or BTC settlement account. learn more about Settlement account in Why we have two Settlement account?
Your profit or loss is settled by BTC or USDT and is determined by the settlement account you selected no matter what products you are trading.
◆ Why do we trade “Bex500 Commodity”?
1. Not Related to Fiscal Policy
As the commodity, oil is not related to fiscal policy but to our daily life. For example, the oil prices increase with a booming population.
Commodities are an important tool to diversify a trading portfolio. Compared to traditional stock or cryptocurrency products, commodities are more stable.
2. Safe Haven
Many commodities, such as gold, are safe haven assets which can be used to as a hedge against “black swan” risk.
◆ The characteristics of Bex500 Commodity
In Bex500 Commodity, you are allowed to use 100x leverage which can increase your 20-dollar investment to 2000 dollars.Learn more about the rules of Bex500 Commodity.
1. Easy to Trade
The minimum investment required is $20 (which can vary according to the market price)
2. Zero Commission
BEX500 employs 0 commission for commodity trading.
However, traders buying or selling positions need to pay funding fees regularly. A positive amount means you can receive the funding for the interval, while a negative amount means you need to pay instead.
3. No Negative Balances
The Bex500 commodity maximum loss is limited to the total margin you have. Similarly to a Bitcoin perpetual contract, there is a forced liquidation rule in Bex500 Commodity.
Bex500 Team comprises of financial and internet professionals. We are dedicated to providing our clients with a professional, efficient and protected trading platform. We are honored to promote knowledge and market information of cryptocurrency, derivatives, and trading. Follow us for more information on the exciting world of cryptocurrencies and finance. Or, you may contact our customer service to learn more. (information as below). Welcome and we hope you enjoy your journey at Bex500
Learn more about Bex500 perpetual contract or Bex500 Forex contract.