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Friendly, Safe, With High Leverage And Low Commissions: This Is Prime XBT

Friendly, Safe, With High Leverage And Low Commissions: This Is Prime XBT

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Prime XBT is a relatively new cryptocurrency trading platform, which allows traders to take advantage of the ability to trade major digital currencies with high leverage and low commissions . What makes it possible to exchange virtual assets without having to invest a large amount of money.

The exchange aims to overcome the common problems of other platforms, including the long process of approval of the process Meet your Customer (KYC), unexpected downtime, low liquidity, trading problems in markets that are failing, limited order types, bad user experience and high negotiation rates, through an innovative portal that equips users with the essential tools required for their daily business activities.

Therefore, PrimeXBT offers incredible leverage, a very easy to use interface, a lot of liquidity and more .

This is probably one of the reasons why the company has experienced exponential growth since its launch in 2018. It now has customers from 150 different countries.

PrimeXBT has a 24-hour trading volume of almost US $ 387 million. A decent liquidity, compared to the rest of the largest cryptocurrency exchanges, which places the aforementioned exchange among the top 40 in the world.

In addition, it has instant executions of transactions due to added liquidity . Thus, shrinking and the inability to create effective positions due to lower volumes are mitigated by combining the liquidity of 12 other leading exchanges.

This provides the ability to accurately execute trading strategies, while achieving ideal market entry prices and guarantees that transactions of any size can be made in PrimeXBT.

Leverage

Leverage is one of the main features of PrimeXBT . The company stands out for offering a leverage of 1: 100. This means that for every US $ 1, you get $ 100 of buying or selling power .

This essentially gives you access to a greater position in the market, so you can get even more profits, or even losses.

Thus, for example, and assuming that Bitcoin costs US $ 10,000 and its price increased 5% during the investment, if a traditional exchange without leverage were used, 10 BTC could be purchased for US $ 100,000 (10 x US $ 10,000). If the price increased 5%, the BTC would be worth US $ 10,500 each, so if they are sold, US $ 5,000 of investment of US $ 100,000 would be obtained.

On the contrary, if the same operation is carried out in PrimeXBT with its 1: 100 leverage, only 1% of the US $ 100,000 position is paid, which means an investment of US $ 1,000 in advance. In the same situation, this means that US $ 5,000 would still be earned, but only US $ 1,000 would have been invested. In other words, profits can be multiplied enormously with the same amount of initial capital.

The platform has a convenient leverage calculator , so that users can calculate their purchasing power based on their available capital.

Cryptocurrencies and more

PrimeXBT offers around 20 currency pairs, five crypto assets, three commodities and seven indexes to operate on its platform. And in order to access all that, only an email and password are required to open an account, so it is not necessary to perform the KYC procedure. Bitcoin is the only payment currency accepted by the platform.

In that sense, the portal offers cryptocurrencies, Forex, indexes and CFDs to operate on its platform, as well as exchange and brokerage services .

In PrimeXBT you will find:

  • Forex: Trading of major and minor currency pairs is available. Commissions known as commercial fees are charged.
  • Cryptocurrencies: The crypto assets available are: Bitcoin, Litecoin, Ethereum, Ripple and EOS.
  • Commodities: traders have the opportunity to speculate on the prices of commodities such as oil, gold, etc.
  • Indices: The world’s most popular indices can be traded on the PrimeXBT platform. Some of them are FTSE 100, S&P 500, etc.

However , one of the most interesting options is the fact that you can really take advantage of market movements .

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Since the cryptocurrency market does not always increase, PrimeXBT offers methods to make a profit if the market is going up or down, with which you can trade with any of the most popular cryptocurrencies and cover existing holdings, or benefit from manifestations or falls in the market.

And the platform is an exchange of cryptocurrency derivatives. Which means that you can essentially choose between two things: go long, or go short. Going long means that you will bet that a particular cryptocurrency will rise in price, and going short means that you will bet that a particular cryptocurrency will fall in price.

But, trading is not the only way to make money on the platform. PrimeXBT also has a lucrative affiliate program, with four different levels . Which means that the client not only obtains income from the people to whom he refers directly, but also from the referrals of his referrals.

PrimeXBT charges very low commissions for operations and nightly reinvestment or financing rates . This rate is applicable to leveraged operator accounts that hold open positions overnight.

The average trading rate for currencies, indices and raw materials is 0.01% and 0.05% for crypto assets. Commercial rates apply regardless of the type of trade used to configure the order.

Friendly and secure interface

In addition to all this, PrimeXBT has a very easy-to-use, fully customizable interface and includes support for multiple monitors .

The trading platform is the best option in its class, since it is safe, reliable and fast. It is simple enough for beginners to understand, but it includes the advanced tools that professional traders want.

Graphics tools are particularly useful with various types of graphics , a range of drawing tools and indicators, and the option to operate directly from the graphic.

Prime XBT, too, boasts of cutting-edge technology and best practices to protect investor assets.

Several security measures were implemented on the platform, ranging from protection against DDOS attacks with Cloudflare, using the Amazon AWS server to help instantly scale the platform’s capacity during periods of high activity which means that there are no sending errors. orders and there is not as much downtime as with other platforms; wallet security, through cold storage of a large amount of funds; two factor authenticator (2FA); white list of Bitcoin addresses; up to secure connection layer (SSL), provided by Amazon web services.

This is coupled with their customer service, available 24/7, with a well-informed , courteous and eager support team , through email (support@primexbt.com and info@primexbt.com ) and instant web chat, available on the website and on the trading platform.

Do you want more information? Visit to Prime XBT

Website : https://primexbt.com/

Facebookhttps://www.facebook.com/primexbt/

Twitter: https://twitter.com/primexbt

Reddit: https://www.reddit.com/r/primexbt

Telegramhttps://t.me/primexbt

Medium: https://medium.com/primexbt


Disclaimer:  CriptoMonedaseIco does not offer legal, financial or investment advice, nor does it replace the due diligence of each interested party. CriptoMonedaseIco does not endorse any of the Initial Currency Offerings (ICO) promoted here. The content and links provided in this article serve informational purposes only.

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