BaseFEX

BaseFEX is a cryptocurrency derivatives exchange founded in 2018 and registered in Seychelles. It offers perpetual swap contracts on Bitcoin, XRP, Litecoin, BNB and other coins with leverage of up to 100 times, and markets low fees, security and live support, as well as trading without identity verification. Leverage of this level means very small price moves can liquidate a position entirely, and most retail traders lose money with such products. Exchanges that operate without KYC are under growing regulatory pressure, may be inaccessible or illegal in many countries, and offer little protection if problems occur. The exchange's current activity and security should be verified before any promotion. Because of these combined risks, affiliates should consider carefully whether to promote it and must follow the directory's policy and local financial promotion rules. The programme pays a share of referred traders' fees for life, in Bitcoin.