PrimeXBT is a new cryptocurrency trading platform that allows traders to use margin and leverage trading on Bitcoin and other coins of up to 100x. Already, the exchange is seeing daily volumes of over $80 million in trading—making it one of the larger and more established platforms, especially for leveraged Bitcoin trading.
The exchange hosts a simple and easy sign-up process. Traders can begin using the platform the same moment they signed up and the PrimeXBT registration process takes less than a minute. There is also no KYC (know-your-customer) aspect to the sign-up so traders do not need to give personal information like passport, tax, or identification numbers. All accounts are free to open as well.
PrimeXBT offers several other advantages:
- PrimeXBT offers a free account and a registration process that takes under just one minute.
- No KYC is required, keeping your personal details private.
- Minimum deposit is only 0.001 BTC, deposits can be made with BTC, credit card or 100+ coins.
- Up to 1:100 margin.
- The ability to short-sell assets, taking advantage of falling prices as well as climbing prices.
- Unrivaled aggregated liquidity from 12 difference top-notch suppliers.
- Around the clock, 24-hour support is always on call when you need it.
- Cutting-edge security features including address whilelisting, two-factor authentication, and much more.
- Multi-monitor support for the most serious traders in the market.
- Trading pairs across 5 most liquid crypto assets.
Prime XBT is allowing members to get exposed to prime Cryptocurrencies without having to top up a lot of capital. Some of the benefits of using leverage include getting magnified profits and gaining from the market fall.
Fees and Pricing
Prime XBT is providing attractive conditions all-round the table. The platform is using clear principles including competitive and transparent prices. Two types of fees are charged by this platform, trade fee and overnight financing. There are also trading limits imposed on members. The exposure limit is a restriction on the position size that each individual can hold. The platform allows members to trade on margin. You are able to leverage on positions larger than the size of funds you plan to deposit. The platform reserves the right to increase margin requirements including any client portfolio which has a high risk factor.
Trading platform
You can trade with over 30 plus assets including Commodities, Cryptocurrency, Forex, indices, and stocks. The platform comes with a leading technology driven trading platform compatible with all devices. When it comes to platform security, the platform offers SSL encryption as well as DDoS protection. The platform comes with leading advanced features and tools to aid both experienced and newbie traders. These are one of a kind trading tools which are a fast when it comes to online trading.
PrimeXBT is well known for offering a varied selection of assets on their Bitcoin trading platform, including Forex and Stocks which is unheard of with crypto exchanges.
1. Cryptocurrencies:
Bitcoin (BTC/USD) Ethereum (ETH/USD) EOS (EOS/USD)
Litecoin (LTC/USD) XRP (XRP/USD)
Litecoin (LTC/USD) XRP (XRP/USD)
2. Forex:
AUD/CAD AUD/CHF AUD/JPY AUD/USD EUR/AUD EUR/CAD
EUR/CHF EUR/GBP EUR/JPY EUR/USD GBP/AUD GBP/CAD
GBP/CHF GBP/JPY GBP/USD USD/CAD USD/CHF USD/JPY
EUR/CHF EUR/GBP EUR/JPY EUR/USD GBP/AUD GBP/CAD
GBP/CHF GBP/JPY GBP/USD USD/CAD USD/CHF USD/JPY
3. Commodities:
XAG/USD XAU/USD BRENT CRUDE NAT.GAS
4. Indexes (Stocks):
GER30 SP500 NASDAQ HK-HSI AUS200 JAPAN UK100 (FTSE100)