◆ When you expect the rise of BTC:
If you predict the BTC price will go up, you should Buy a Long position BTC/USDT contract.
The Formula (Long position): Profit=Contract Volume*(Close Price-Open price)/ BTC current price.
【Scenario 1】: You select the BTC settlement account after registration (Use BTC as the settlement currency). When the BTC price is currently at $3500, you input 1 BTC as the initial margin of a long position. With 100x leverage, the notional volume is increased to 100 BTC. When BTC/USDT price rises to 4000 dollars.
your profit is 100* ($4000-$3500)/$4000=12.5 BTC
【Scenario 2】: You select USDT settlement account after registration (Use USDT as the settlement currency). When the BTC price is currently at $3500, you buy a 100 BTC long position contract (After leverage). When BTC/USDT price rises to $4000.
your profit is 100* ($4000-$3500)/$4000=50000 USDT
◆ When you expect fall of BTC
If you predict the BTC price will decrease, you should sell a short position BTC/USDT contract.
The Formula (short position): Profit=Contract Volume*| (Close Price-Open Price)|/ BTC current price.
【Scenario 1】: You select the BTC settlement account after registration (Use BTC as the settlement currency). When the BTC price is currently at 3500 dollars, you input 1 BTC as the initial margin of a short position contract. After 100x leverage, the notional volume is increased to 100 BTC. When BTC/USDT price decreases to $3000.
Your profit is 100* ($3000-$3500)/$3000=16.6 BTC
【Scenario 2】: You select USDT settlement account after registration (Use USDT as the settlement currency). When the USDT price is currently at 3500 dollars, you sell a 100BTC short position contract (After leverage). When BTC/USDT price falls to 3000 dollars.
Your profit is 100* ($3000-$3500)/$3000=50000 USDT
Learn more about how to buy/long or sell/short BTC, please click Bex500 Double Contract profit-loss calculation
Moreover, Bex500 provides 200x leverage for Bex500 forex and Bex500 commodity.