FX.co ★ 5 highly lucrative deals with cryptocurrencies

Profit above 1,000% - crypto revolution

In July of this year, crypto traders managed to undertake a series of deals. As a result, the BNB token significantly decreased against ethereum (ETH). Furthermore, the price of altcoin fell to $1.5 from $18.5. Each token was purchased for 92% less than its market value. Therefore, the profit of the trader who conducted this transaction amounted to 1,100%.

BTC for $50,000 brings 400% profit

Last month, the BTC/NGN (the Naira) pair rose to 20 005 900 ($50,000). One of the market players took advantage of the situation and received about 400% of the profit for this transaction.

Drop in ethereum leads to higher profit

Last month turned out to be a horn of plenty for crypto market players. At a certain point, Ethereum decreased sharply against USDT, dropping from $300 to $112. One trader immediately spotted this difference in price and opened a deal, increasing his income by 170%.

Staggering profit totaling 23,000%

At the beginning of the summer, BNB collapsed to $0.07 from $16 against the TUSD stablecoin. One of the traders sold four coins at this rate. Another market player who bought a cryptocurrency at the lowest price earned 23,000% of the profit on that deal.

Bitcoin remains undisputed leader of crypto market

The crypto market is constantly changing, adding new altcoins. However, neither new digital assets nor more or less popular cryptocurrencies can compete with bitcoin, which remains the most popular asset in the digital market. On Monday, August 17, the price of BTC again exceeded $12,000. According to analysts, since the beginning of this year, it has soared by almost 70%.