PrimeXBT is an elite margin buying and selling platform born over the past bear market that gained fast fame and recognition attributable to providing leveraged quick and lengthy positions. It’s 2022 and crypto winter is again.
Due to this fact we needed to revisit PrimeXBT to know how a lot the award-winning margin buying and selling platform has superior over time. On this evaluation, we’ll define what’s new, what has been up to date since, and way more.
About PrimeXBT
PrimeXBT is an all-in-one resolution for merchants providing entry to crypto, commodities, inventory indices, and foreign exchange currencies beneath one roof alongside a number of cryptocurrency-based services. Margin accounts might be funded in a wide range of digital property together with BTC, ETH, USDT, USDC, and COV.
Greater than 100 completely different buying and selling devices let merchants construct a portfolio that may face up to any market situations, offering unequalled flexibility and management over positions. Customers get free entry to a local smartphone app for Android and iOS units that permit them handle these portfolios and positions whereas on the go — there isn’t any longer a have to be tethered to a buying and selling desk to entry world class buying and selling instruments.
The rising listing of property and launch of the app are simply two updates in latest months. What grew from a small listing of cryptocurrencies has expanded into conventional property and extra just lately, many new altcoins have been added from classes like GameFi, Metaverse, DeFi, and meme cash. The app can also be consistently up to date to replicate no matter is new utilizing the browser-based expertise.
Covesting Ecosystem
The most important new addition because the final bear market is little doubt the Covesting copy buying and selling platform. A B2B partnership led to the launch of the software on PrimeXBT and the remaining is now historical past. The Covesting copy buying and selling module is a pioneer within the crypto house for copy buying and selling. Different corporations have additionally tried to imitate the successful system however have in the end failed to duplicate the identical success. The magic is within the peer-to-peer copy buying and selling neighborhood itself, which is crammed with excessive performing technique managers that may be adopted to robotically copy the technique supervisor’s trades.
Technique managers are required to have their efficiency tracked throughout the totally clear Covesting leaderboards, which supplies followers all of the perception they should choose and select the best accounts to observe. Followers can choose to observe a number of completely different methods at any given time to construct a various portfolio of high performing merchants. Previous technique managers have earned as much as 90,000% ROI.
The Covesting ecosystem has additionally since grown on PrimeXBT to incorporate APY-generating yield accounts, COV token memberships, and is prominently featured within the cellular app. COV token memberships activate advantages akin to as much as a 2x APY enhance in yield accounts, as much as a 20% buying and selling charge low cost, elevated followings, and extra.
What’s New: Buying and selling Academy, Contests, And Purchase Crypto
The PrimeXBT Buying and selling Academy academic web site is a brand new improvement that teaches novice merchants the ropes and enhances the inspiration for professionals, because of video recommendations on learn how to begin buying and selling designed completely by knowledgeable dealer Dirk Hartig.
Customers can put these methods to the check or backtest technical indicators utilizing PrimeXBT Contests. Contests introduces weekly buying and selling competitions that customers can enter for an opportunity to win spectacular crypto prizes. All competitions happen utilizing threat free digital funds so no capital is ever at stake, however you possibly can doubtlessly win some in case your expertise are ok.
Standard digital property can be bought on PrimeXBT in just some clicks — one other new characteristic. Cryptocurrencies can be exchanged from one kind to a different.
PrimeXBT 2022 Assessment Abstract
Even with the entire above we’re nonetheless barely scratching the floor of what’s obtainable within the full suite of superior buying and selling instruments supplied by the award-winning PrimeXBT.
There may be 24/7 buyer assist chat, financial institution grade infrastructure, a 4 stage referral program, and way more. When you haven’t checked out PrimeXBT because the final crypto winter, with crypto winter right here once more, and a lot innovation has occurred on the platform, it’s as soon as once more time to strive PrimeXBT.