PrimeXBT is a new exchange in the global trading game but still it has transformed and expanded rapidly, bringing value to the crypto trading in a short time. It is a multi-asset Bitcoin-based margin exchange, and it has transitioned from strength-to-strength while other exchanges have cracked under the pressure of peak crypto market volatility. Another interesting thing you might not have known about PrimeXBT exchange is that it’s a fully anonymous platform. It is a perfect solution for traders who value online privacy. Moreover, this also prevents hacker invasions and other cyber thefts. Here are some key features of PrimeXBT:
So, the question here is what exactly does PrimeXBT provide that has caused it to grow so rapidly or Is PrimeXBT legit? Here is a complete PrimeXBT review explaining major factors that has got the trading community buzzing. Varity of Crypto Asset Pair One of the selling points of this crypto exchange is that it offers a wide range of crypto-asset pairs all with up to 100x leverage including:
Because PrimeXBT trading platform is Bitcoin-based the users can access to these once exclusive investment markets unprecedently and anonymously, with no KYC or sensitive information required. Margin Trading PrimeXBT is one of the very few trading platforms that offer the flexibility of margin trading with maximum leverage across all crypto markets. In simple words, it means that the traders can benefit and make profits irrespective of market volatility, by going long when the market is rising, short when falling, and amplify even the smallest price movements in sideways trending markets. Because the platform offers the option of maximum leverage users can risk very little of their capital and avail the opportunity to raise their position exposure as well as their profit potential. Advanced Trading Engine
Risk Management Strategies PrimeXBT is also known for its unmatched risk mitigation tools and strategies. Some of them are enlisted below:
P2P Co-Fund Management System PrimeXBT is the very first crypto trading platform to offer a co-fund management system. It recently introduced the Covesting Module, which allows new traders to mimic trades of expert traders and eventually they can enjoy the exact same profit/loss ratios. All the trade performance data is public for traders to view and then compare with information sorted as ROI (Return on Investment), drawdown ratio, the number of investors, fund creation date, and much more. The best part about the PrimeXBT Covesting module is that it offers a symbiotic relationship between both the trader and its following investor as managers earn a commission from all their follower's successful trades, while investors benefit from advanced strategies. Moreover, this module rates each trade by means of significant metrics such as total capital and daily/overall ROI. This module is super-helpful for both successful and novice traders. Conclusion If you are searching for a margin trading platform with relatively advanced features like transparent fee structure, strong security policies, and seamless experience then PrimeXBT is a suitable option for you. Apart from benefits mentioned above there is another valued aspect of PrimeXBT, that it has additional learning materials that help teach new traders about the different nuances of the exchange.
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