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PrimeXBT Platform Review: Respected, Award-Winning Platform

PrimeXBT Platform Review: Respected, Award-Winning Platform

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The competition between the top trading platforms in the cryptocurrency market is vicious, and it has seeped into margin trading platforms. Traders trading cryptocurrencies are actively exploiting every opportunity to maximize profits across speculative assets by taking advantage of leverage. PrimeXBT is a margin trading platform like the others, but it has several features that make it stand out of the park.

PrimeXBT Review

The goal of this platform review is to present you with the features of PrimeXBT so you can decide if it is worth it, and if it is, help you get started immediately.

Highlight Of Platform Features of PrimeXBT

We’ll begin by giving a summary of the benefits of the platform. They include:

  • Quick registration without KYC
  • Easy, low minimum deposits with withdrawals secured by bank-grade security and address whitelisting
  • Low minimum position size requirements
  • Take Profits, Stop Loss and Other Advanced Order Types
  • Long and Short positions with the ability to hedge positions concurrently
  • In-built technical analysis software that includes the key indicators
  • A reliable trading engine with robust security
  • 100x Leverage on Cryptocurrencies, Commodities and Stock Indices
  • 1000x Leverage on Precious Metals and Forex
  • Referral Programs and CPA for Additional Revenue
  • Avant-garde tools that set them apart from the competition
  • Free demo Account
  • Education Materials
  • 24/7 live customer service

With regards to the features and benefits listed above, PrimeXBT is an excellent platform for both new users and professional traders.

Full Platform Overview of PrimeXBT

Below is an overview of the platform’s specific features.

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PrimeXBT Trading Platform

Registration of PrimeXBT

PrimeXBT’s registration process is simple and matched only by very few other platforms. The process can be completed in less than a minute and does not require the input of any personal details. With just your country and email address, you can make your first deposit.

You do need to confirm your email as well as enter a username and password.

Deposits

There is a minimum required deposit is 0.001 BTC. Deposits are made to a Bitcoin address because all accounts are denominated in BTC.

Once deposits are confirmed, the funds are made available, and accounts will have to be funded. With this tool, it is possible to keep a part of your capital separated from the funds available in your trading account.

Besides making deposits to a BTC address, deposits can be made through Changelly, a third-party service.

Withdrawals

As with deposits, withdrawals are easy but must be sent to BTC address, not to a different cryptocurrency address. Withdrawals are processed daily at a rollover period. Every withdrawal initiated before the rollover period is queued up, and can be canceled before the period is reached.

Trading with PrimeXBT

PrimeXBT Trading Terminal

PrimeXBT’s platform has many widgets that can be used in customizing the trading terminal anyhow the trader likes it. These include charts that sport the built-in technical analysis software, watch lists, and many more. The technical analysis software has many of the most significant trading indicators, including Parabolic SAR, RSI, and Ichimoku.

On the trading terminal, you can execute Take Profits to maximize profits and Stop Loss to minimize risk.

PrimeXBT has a reliable trading engine with n uptime of 99.9%, and Orders are quickly executed with minimal slippage.

Traders can profit from every turn in the market as they can go Long or Short. They can even hedge their positions.

Assets offered by the platform

PrimeXBT offers more than 50 distinctive asset markets and leverage of up to 1000x. The assets offered include:

  • Bitcoin, Ripple, Ethereum and other cryptocurrencies
  • Precious Metals such as Gold and silver,
  • Brent, WTI Crude oil and Other Commodities
  • The famous forex currency pairs, including USD, JPY, AUD, and several others.
  • CFDs for the major Stock Indices, including S&P 500, DAX 30, and ASX 200.

With the different options assets and unrivaled portfolio diversification provided by the platform, traders have increased opportunities for making a profit compared to those of competitors.

Referral Program

PrimeXBT has a four-level referral program.

A trader continues to earn from each trader he introduces to the platform for up to four levels of commission. To demonstrate how useful the referral program is, according to the leaderboard, the top trader on PrimeXBT has generated more than 50 BTC.

Besides the referral system, there are CPA offers together with exclusive ambassador relationships. These also come with custom customer care representatives.

Customer Service

PrimeXBT Customer Help and Support

The company offers both live customer service and a help center.

The live customer service is available 24/7 and via online chat. Irrespective of what your problem is, they can provide the assistance you need.

The help center contains the different guides, regular updates the company provides, and many more. They also make use of their official social media accounts to offer further help.

Security

PrimeXBT takes security very seriously. They have put a series of security features in place, including two-factor authentication and address whitelisting on withdrawals.

Moreover, their website is both encrypted and makes use of Cloudflare technology to prevent all types of attacks and security breaches, including DDoS attacks.

Most importantly, the company doesn’t require any personal info from traders. This is the best security!

Turbo

As if the superb service the company already offers is not enough, it recently created a different platform that is excellent for tightly ranging markets with no defined trends. The platform is meant for a short duration, synthetic BTC contracts. Interested traders can choose from either a UP or Down contract and a period of 30 seconds, 1 minute, or 5 minutes. When the time chosen elapses, the trader either books a profit or a loss.

Summary

PrimeXBT is an excellent choice for all levels of traders providing an edge unmatched by most others. This is proven not only by its amazing features but also by the fact that only recently. it received several awards, including the ADVFN award for the Best BTC Margin Trading Company.

Once again, it offers a range of profitable tools from which to select, quick registrations, and more variety than any of its competitors regarding conventional and digital assets.

To get a free trading account, sign up on PrimeXBT here.

Get to use other commendable experts and enjoy a safe trading experience.

 

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Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More

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