benzinga11d ago
SINGAPORE, Feb. 01, 2026 (GLOBE NEWSWIRE) -- On January 31, 2026, the cryptocurrency market experienced a sharp pullback, with Bitcoin briefly falling to $76,000 and Ethereum dropping to $2,250. The sudden correction significantly increased market volatility, pushing traders to seek more flexible and capital-efficient trading tools to navigate both downside risk and rebound opportunities.Against this backdrop, global crypto derivatives platform BexBack announced the launch of its core trading offering: no-KYC crypto perpetual futures trading with up to 100x leverage, complemented by a 100% deposit bonus designed to enhance margin efficiency during volatile market conditions.Market Volatility Drives Demand for Perpetual FuturesAs major cryptocurrencies experienced rapid price swings, many traders turned to perpetual futures as a preferred instrument. Unlike spot trading, perpetual contracts allow traders to take both long and short positions without holding the underlying asset, offering greater flexibility during sharp market moves.BexBack currently supports perpetual futures trading on more than 50 digital assets, including BTC, ETH, ADA, SOL, and XRP, enabling traders to respond dynamically to both declining and recovering market trends.100x Leverage: Enhancing Capital EfficiencyBexBack offers traders access to up to 100x leverage, allowing them to control significantly larger positions with relatively smaller amounts of capital. In fast-moving markets such as those seen at the end of January, leverage enables experienced traders to deploy strategies more efficiently and capitalize on short-term price movements.While high leverage amplifies potential returns, BexBack emphasizes that it should be used ...Full story available on Benzinga.com