This review will tell you more about BTClevels.com.
There are both good and bad things to say about them. The real question is, which is there more of, and how will it impact your decision to join?
Let’s go through the review, and we’ll do our best to help you decide at the end.
You have one option here – to trade on bitcoin exchange rate fluctuations. If you think the value will rise or fall below the posted amount and it stays there past the expiration date – and you’re right – you’ll profit.
For example, when I checked out their site the posted amount was $377.99. If I think the value will be $378 or higher when it expires, and it ends up there, I make money.
Otherwise I lose.
These are the 4 options you can bet/trade on:
The minimum bet is .01 mBTC, and there is no maximum.
You can see the fluctuations in real time, thanks to HitBTC.com. You can view the last 5 min, 1, 4 or 24 hours.
And if you have any questions about how things work, their rules page explains things pretty well.
The part they could do a better job explaining is how profits are determined. It fluctuates based on when you make your trade and how many people are in the pool.
But figuring out the exact amount is lost to me. Their complicated formula didn’t help, nor did their support. They just copied and pasted what their rules page said.
Just know that the sooner you make your bet, the higher the multiple will be (thus the more money you can earn).
However, that also means a higher risk since the value can rise/fall dramatically in the span of 24 hours.
The good news is that you can make more than one bet. This gives you the opportunity to hedge your bet so that you win as little as possible (or vice versa). (That means that, if you make a bet with 23 hours to go and it looks like you might be wrong, you can make another bet the other way.)
All in all, it looks like the betting process (and canceling bets) is simple. I only wish they could explain the payout process better.
Questions & Answers