The Best Bitmex Alternatives in 2020

Are you looking to margin trade Bitcoin and other cryptos?  Looking for a more reliable platform compared to Bitmex?  Here are some of my favourite margin trading platforms for crypto.

FTX

FTX is my current platform of choice for leveraged crypto trading.   In my opinion it's the best alternative to Bitmex.

FTX is unique in that it offers a number of unique trading products alongside its crypto offerings. For example you can trade a presidential future.  They also offer contracts on a huge range of alt-coins, something that can't really be found on many other platforms.  I've found it very useful for shorting scammy coins like BitcoinSV.

Read moreThe Best Bitmex Alternatives in 2020

How to trade stocks using Bitcoin and SimpleFX

SimpleFX LogoHave you ever wanted to use your Bitcoin for more than just hodling?  Have you ever wanted to buy and sell stocks using Bitcoin?  Well now you can thanks to the SimpleFX trading platform.  In this guide I'm going to show you show to get started trading stocks using Bitcoin and the SimpleFX platform.

Why trade stocks using Bitcoin?

  • Enhanced Privacy – Privacy is a real concern for many people these days.  I know that I don't enjoy having to upload identity docs to trading platforms.  I'm always worried they will get hacked and my details stolen.  Privacy is becoming more and more important.
  • Use Your Bitcoin – turn your Bitcoin into more Bitcoin!  The days of being able to become a millionaire just by holding Bitcoin are over.
  • Speed – You can sign up, deposit and start trading all within an hour.  No need to wait for verification delays.

Read moreHow to trade stocks using Bitcoin and SimpleFX

Here is an FTX.com Promo Code for 2020

FTX is a crypto trading platform for futures and spot trades.  This means you can trade Bitcoin, Ethereum and other alt coins with leverage using both long and short positions.  They have been growing in popularity recently – especially as Bitmex has been so unreliable in the past.  They have also launched some innovative trading products such as a futures contract on the U.S presidency!

If you're looking to start trading on FTX, make sure you take advantage of this offer so you'll save a huge amount on your trading fees.

Read moreHere is an FTX.com Promo Code for 2020

Making money from the Bitcoin Halving

During 2020 there will be a Bitcoin Halving event.  What this basically means is Bitcoin Miners will receive half the reward they currently get for successfully mining a block.

This means there will be much less Bitcoin being created everyday.  And due to the simple economics of supply and demand, many people believe this will push the price of Bitcoin Higher.

Read moreMaking money from the Bitcoin Halving

Making Money with StormGain

StormGain LogoStormGain is the sleeve partner of Newcastle United FC.  Wondering what they do? Looking to make money with StormGain?  Read on to find out more.

StormGain is a relatively new crypto exchange, wallet and trading platform.  I believe they offer a couple of good opportunities for making money:

  1. Earning Interest – you can deposit crypto and earn 10% interest on it
  2. Trading Crypto – if you know how to trade, Stormgain's low fee trading could make it a good choice for you.

Read moreMaking Money with StormGain

5 Ideas for Generating More Passive Income

One of the problems with passive income is that it can take so long to get going.  Investing in something like dividend stocks is great – but it takes a huge amount of capital to earn anything decent.  Some people spend decades building up a portfolio of dividend stocks.

So I wanted to come up with 5 ideas that can either start generating a decent amount within months, or can be started for very little money.

Here are my top picks:

Read more5 Ideas for Generating More Passive Income

How to Earn Compound Interest on your Crypto with BlockFi

Are you looking to put your crypto to work?  Sick of your Bitcoin just sitting in a wallet doing nothing?  Well the good news is you can now earn compound interest on your Bitcoin and Ethereum thanks to BlockFi.

BlockFi is a relatively new crypto lending platform.  You can deposit your crypto to earn interest or you can take out a loan backed by crypto.

Read moreHow to Earn Compound Interest on your Crypto with BlockFi

Making money with PrimeXBT

PrimeXBT is a new trading platform that lets you trade Bitcoin and other assets with up to 1:100 leverage.  This lets you trade without having to invest huge amounts of capital.    And because PrimeXBT is built on crypto, this platform doesn't have some of the drawbacks of older exchanges like KYC, high trading fees and and limited market hours.

PrimeXBT is a platform for trading cryptocurrencies and other assets.  aka – profiting from market movements, whether thats up or down.  If you're looking to just invest in Bitcoin over the long term, check out this post on my best investing strategy for Bitcoin.

Here's my guide to using PrimeXBT:

Read moreMaking money with PrimeXBT

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