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PrimeXBT is a cutting-edge trading platform that bridges the gap between the cryptocurrency and traditional asset markets, providing a range of advanced tools and features for the optimization of the way its users trade and invest.
As well as this, PrimeXBT provides a safe and secure environment that is fully compliant with AML and KYC, and that uses advanced bank-grade security features in order to protect the funds of its users.
We're taking a look at the 5 best features of PrimeXBT in 2020, beginning with a look at what PrimeXBT actually is and the growth of PrimeXBT, before looking at the top 5 features that users at the platform enjoy.
What is PrimeXBT?
PrimeXBT is the world's leading multi-asset margin trading platform and after launching in 2018 with a waiting list of more than 150,000 traders, PrimeXBT has rapidly grown over the past 2 years to today managing up to $2 billion worth of global trade every day.
PrimeXBT's reputation is built around the provision of advanced tools and features that are unique throughout the market and that provide powerful opportunities for traders and investors to reduce the risk and to improve the outcomes of their trading activities.
PrimeXBT lists a wide range of cryptocurrencies and traditional assets, provides industry leading margin trading, and packs some of the most advanced security features used in the market into its platform as well.
The Growth of PrimeXBT
What Distinguishes PrimeXBT from Other Platforms?
While there are many trading platforms that provide margin trading in 2020, PrimeXBT provides a safer and more secure environment for cryptocurrency and traditional asset margin traders.
Unlike many other platforms which have been hacked over the past few years, PrimeXBT has a clean security track record and has never been hacked, protecting its users with advanced features.
As well as this, PrimeXBT is considered to be one of the most innovative trading platforms in the cryptocurrency industry, integrating a range of next generation tools and features into its services and providing new ways of trading and investing for the cryptocurrency market.
5 Best Features of PrimeXBT:
Lowest Fees of Any Major Crypto Platform
Since its launch, PrimeXBT has provided the lowest trading fees on the market with a flat rate of just 0.05% applied to all trades, irrespective of the size of the trade or the asset class being traded.
While some of the major trading platforms provide lower fees than the average, PrimeXBT's fees are significantly lower than any other platforms and up to 10 times lower than the most expensive platforms to use.
This has ensured that PrimeXBT’s traders and investors are able to minimize the cost of trading by using the platform, and to maximize the revenue that they generate in the market.
Powerful and Reliable Platform
PrimeXBT is a powerful and reliable platform that packs a range of professionally-engineered tools and technologies into its systems, ensuring that traders can engage with the market in the most effective way possible.
Perhaps the best example of this is PrimeXBT’s trading engine which is strong and robust and that can execute up to 12,000 trades per second with an average trade time of less than 7.02 ms.
By providing a combination of ensuring high liquidity on all trading pairs as well as providing powerful trading tools, PrimeXBT ensures that there is minimum slippage on the platform and optimal entry and exit points as well.
Covesting For Reduced Risk and Crypto Copy Trading
PrimeXBT provides access to the only form of copy trading available in the cryptocurrency space following the integration of covesting into its systems in a partnership with leading crypto copy trading platform, Covesting.io.
Covesting allows traders and investors to partner together and to collectively maximize their safety in the market while reducing risk and improving the collective outcomes in the process.
Covesting is a revolutionary new way for cryptocurrency traders to engage with the market and is one of the fastest growing trends in 2020.
AML/KYC Compliance for Safe Trading
PrimeXBT uses Bitfury Crystal's AML compliance software and blockchain monitoring tool set on all incoming transactions to the platform in order to ensure full AML compliance and safety for all users on PrimeXBT.
PrimeXBT also restricts citizens from problematic jurisdictions with users confirming their country of residence in order for KYC compliance throughout the platform to be achieved.
Using this system, Primax PT not only ensures that it is fully AML/KYC compliant, but also that it is able to monitor and manage transactions that may be fraudulent in real-time throughout the platform.
Widest Range of Assets in the Market
One of the major draw cards of using PrimeXBT is that it provides one of the widest ranges of different assets in the market with a range of leading cryptoassets as well as some of the world's top traditional assets as well.
PrimeXBT lists a range of cryptocurrencies that include BTC, ETH, XRP, LTC, and EOS, as well as a range of traditional assets like stock indices such as the S&P500 and FTSE100, forex pairs such as USD/EUR and AUD/CAD, and commodities such as gold and oil.
Traders and investors are able to use PrimeXBT as a bridge between the crypto assets and traditional asset markets, reducing the cost of trading between them, as well as dramatically increasing the efficiency of multi-asset trading in the process.
What is the Future of PrimeXBT?
In a very short amount of time of just 2 years, PrimeXBT has gone from launching with a waitlist of more than 150,000 traders to today managing up to $2 billion worth of global trade every day.
If the trajectory of growth for PrimeXBT continues it will no doubt see the platform expanding into a range of different areas of online financial trading, and will see the platform become one of the largest trading platforms to ever be in operation.
Over the past 2 years, PrimeXBT's reputation has only grown in strength and we would expect to see this continue as it integrates more safety and security features into its services and increases its compliance with AML and KYC globally.
PrimeXBT has grown to become one of the world's leading crypto trading platforms, and provides access to some of the world's leading cryptoassets as well as many of the world's leading traditional assets as well.
PrimeXBT has provided a range of different advantages to its uses, with these essentially boiling down to powerful opportunities for more success in global markets as well as increased security and safety in comparison to other platforms.
If you would like to learn more about PrimeXBT, and about the tools and features available on the site, check out this link.
https://preview.redd.it/vrq329h41vs51.png?width=1000&format=png&auto=webp&s=a9cdd74e5bfd8c7ca678fcb6663d37d87bc9f7b2submitted by benebit to CryptocurrencyICO [link] [comments]
With the dramatic increase in the number of traders and investors in Canada that are using PrimeXBT, one question has been asked recently more than others which is whether PrimeXBT is safe for Canadian traders.
The number of Canadian users at PrimeXBT has been growing rapidly throughout 2020 as a sign that the tools and features on the platform are opening up new opportunities for interacting in the market in more optimal ways.
This guide covers whether or not PrimeXBT is safe for Canadian traders, and looks at some of the features and tools of the platform.
The Canadian Market in 2020
Like much of the rest of the world, the Canadian market has seen some of the highest levels of all volatility in 2020 that have been seen in many years, or even at all throughout the history of cryptocurrency.
The Canadian market has seen renewed growth following the contractions throughout 2018 and much of 2019 when the global bear market in the cryptocurrency space drove many retail investors back out of the market after the exponential growth of 2017.
This has led many Canadian traders to wonder whether we are on the brink of another major bull run as was seen both in 2017 as well as 2013, and that would potentially see the price of Bitcoin driven up to the range of $50,000 or more.
The Exponential Growth of PrimeXBT
With the backdrop of the excitement within the global cryptocurrency market in general, and the Canadian cryptocurrency market more specifically, PrimeXBT has been perfectly positioned for exponential growth since its launch in early 2018.
The platform initially launched at the start of 2018 with a waiting list of more than 150,000 traders, and this showed the interest in the platform that was present even before it came onto the market.
As a result of the unique tools and features provided by PrimeXBT, it has grown exponentially over the past few years to become the world’s leading multi-asset margin trading platform and today managing up to $2 billion worth of global trade every day.
What is PrimeXBT?
PrimeXBT is a margin trading-centric platform that provides high leverage trading on a wide range of cryptoassets as well as many of the world’s leading traditional assets.
Traders at PrimeXBT are able to access up to 100X leverage on a wide range of cryptoassets that include BTC, ETH, XRP, LTC, and EOS.
This is whilst also being able to access up to 500X leverage on a range of traditional assets like stock indices such as the S&P500 and FTSE100, forex pairs such as USD/EUR and AUD/CAD, and commodities such as gold and oil.
PrimeXBT: Security Features
From a security perspective, PrimeXBT is one of the leading trading platforms in the crypto market, and has built a strong reputation for being a safe and reliable platform to trade on.
Much of this is as a result of the bank-grade security features that are implemented throughout PrimeXBT that include mandatory Bitcoin address whitelisting and hardware security modules with rating of FIPS PUB 140-2 Level 3 or higher.
By working to add advanced security solutions throughout its platform, PrimeXBT has shown a strong commitment to protecting the funds and data of its users.
PrimeXBT: Security Track Record
While there are many other platforms in the cryptocurrency space that have suffered devastating hacks over the past 2 or 3 years, PrimeXBT is one of a small number of top tier platforms that have remained hack-free throughout this period.
A good example of this is the Binance hack in 2019 that saw the platform lose more than $40 million of its users’ funds, and more recently the KuCoin hack where more than $150 million was lost by that platform.
In contrast, PrimeXBT has never been hacked and has never been breached by hackers and as such remains as one of the most trusted platforms in the market, having a clean security track record.
PrimeXBT: Excellent Customer Support
In 2019, a study of the top 5 crypto margin trading platforms found that PrimeXBT has the best customer service of all 5, and also was the only platform out of the 5 to have full marks for all for metrics.
These metrics were politeness, responsiveness, helpfulness, and the range of different communication channels that were available to users.
By having an excellent customer support structure, PrimeXBT has ensured that its users are able to get fast and easy solutions to the problems and that there is always a direct line of communication open with the admin at the platform to be able to effectively deal with any issues that arise.
Other Advantages of Using PrimeXBT
PrimeXBT also provides a number of other advantages that are unique to the platform including providing the lowest fee schedule of any major cryptocurrency trading platform in the market with a low flat rate of 0.05% applied to all trades, irrespective of the size of a trade or the asset being traded.
As well as this, PrimeXBT’s users can enjoy a robust trading engine that is built into the core of the PrimeXBT platform and that can execute up to 12,000 trades per second with an average trade time of less than 7.02 ms.
PrimeXBT also has a unique 4-tier referral program where the traders can generate revenue streams from direct referrals, as well as indirect referrals up to 4 levels deep, with this dramatically increasing the profitability of affiliate activities, and netting the top 3 affiliates on the platform more than $1 million in 2019.
PrimeXBT is a safe and well-reputed trading platform for Canadian traders and this is the reason for its exponential growth of users and volume within Canada over the past months.
As well as being a safe platform to trade at, PrimeXBT also provides a range of unique tools and features to use in order to maximize profitability in the cryptocurrency and traditional asset markets.
To understand more about the security features on PrimeXBT that have protected its users, check out PrimeXBT’s Security page.
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What brings Bitorex Reviews for beginners and experience traders
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PrimeXBT is one of the true success stories of the cryptocurrency industry, having launched only 3 years ago and today growing to become the largest multi-asset margin trading platform on the market.
The exponential growth of PrimeXBT to the point it’s at today has been largely as a result of providing opportunities to generate profit which other trading platforms have not.
Let’s take a look at the innovative ways that PrimeXBT has provided advanced tools and features for its users, and the impact it’s had on its growth in the market.
What’s Different About 2020?
For much of the last 10 years of the life of cryptocurrency, trading platforms have faced limited competition and could largely dominate the market without much innovation being built into their systems.
Throughout 2016 and 2017 there was a huge growth in the number of traders in the market, and this had a knock-on effect where the additional trading revenue that was available led to a huge influx of new trading platforms establishing themselves as well.
This influx of competition has meant that only trading platforms that innovate are able to compete and secure a substantial amount of market share in the cryptocurrency space.
PrimeXBT - The World’s Leading Multi-Asset Margin Trading Platform
PrimeXBT has incorporated innovation into the fabric of its trading platform, with it being the first major cryptocurrency trading platform to focus solely on margin trading in the crypto space, and this in turn leading to a strong demand for its services.
Over a relatively short period of time of 2 or 3 years, PrimeXBT has continually grown at an exponential rate as it has integrated more services providing greater value for traders.
Today PrimeXBT has become the world's leading multi-asset margin trading platform, listing a wide range of cryptocurrencies and traditional assets and managing up to $2billion worth of global trade every day.
Wider Variety of Assets to Choose From
Unlike other platforms which focus only on cryptocurrencies, PrimeXBT lists a wide range of cryptoassets including BTC, ETH, XRP, LTC, and EOS, as well as a wide range of traditional assets like stock indices such as S&P500 and FTSE100, commodities such as gold and oil, and forex pairs such as USD/EUR and AUD/CAD.
Coupled with this has been PrimeXBT’s continual push to integrate new assets into its platform and over the course of the last few years has increased number of listed assets by more than 50%
One of the most attractive reasons that traders have traded at PrimeXBT is the ability to use it as an efficient and seamless bridge between cryptocurrency space and the traditional asset market.
Industry-Leading Margin Trading and high Leverage
At its core, PrimeXBT is a margin-trading-centric platform that recognized the demand for advanced margin trading for features within the cryptocurrency market and built its services around that.
Traders at PrimeXBT enjoy industry-leading leverage of up to 100X on a range of cryptocurrencies and up to 500X on a range of traditional assets, with this being significantly higher than in any other major platform in the market today.
At a point in time when almost no other major cryptocurrency trading platforms provided margin trading, PrimeXBT was the first platform to build it into its systems in any kind of significant way, and as such has built a large and loyal following throughout the market.
Secure Trading for Users
PrimeXBT has also always focused on providing a secure environment for traders, with the platform having a better security track record than a majority of others in the industry.
PrimeXBT incorporates a wide range of bank-grade security features into its services such as mandatory Bitcoin address whitelisting and cold storage of digital assets with multisignature technology.
This has ensured that PrimeXBT has never been hacked and has not been breached by hackers, with the funds of its users remaining safe throughout this time of operation.
PrimeXBT provides a unique trading environment for its users, with a wide range of different features and unique and powerful ways to generate profit in the cryptocurrency market.
The innovation that has been built into PrimeXBT has been one of its major draw cards and it’s unique selling point for the past 2 or 3 years.
To learn more about PrimeXBT and the tools and features available on the platform, check out this link.
https://preview.redd.it/hkow25r9ksk51.jpg?width=1280&format=pjpg&auto=webp&s=3538dd9050b77a7ed4ac6e48baced29da2a2e73fsubmitted by Ammybae to ICOCryptoInfo [link] [comments]
ABOUT CEX AND DEX EXCHANGE Decentralized Exchange popularly known as DEX is a digital trading platform which its system of operation does not rely on any Central system or third-party services or management. Be it in terms of funds management. The system is strictly Peer to Peer (P2P) facilitated with some level of automation. This simply means a trading system is a defendant on 2 or more parties to trade. They deal with one another instead of incorporating the service of intermediary which can eventually lead to hacks, stolen funds, and all forms of manipulations. Unlike in the centralized setup where the system is strictly centralized, users who deposit their funds on the DEX received an IOU which simply means they can trade seamlessly on the platform and on the occasion where withdrawals are requested by the users, funds will be converted into cryptocurrency and transferred for withdrawals
ABOUT DEFI.TRADE Defi-trade is a global financial market for trading all sorts of digital assets.CFDs are one of the major tradable assets in Defi.trade platform. It enables seamless room for trading CFDs i.e buying and selling CFDs derivative products where traders, investors can speculate in all forms of Financial markets like Forex, indices, stock, and commodities without any need to own those assets. Traders of CFDs products don't have to own those assets, rather they agree on exchanging the digital assets price as soon as the contract has been created till it gets closed. Traders of these class of derivatives enjoy some benefits in the trading, they can speculate prices in both upward and downward moments. The profitability of the trader solely depends on the accuracy of their prediction.
There are 4 steps to be able to trade on this platform
• Please download a wallet that supports DApp browsers such as Imtoken, Tronlink, etc. • Register the Main Account using the referral link in the DApp browser. • Deposit TRC20 or DEF tokens into the Main Account. • Predict market trends and make money.
Official Resources Website: https://defi.trade/ Website: https://live.defi.trade/ White Paper: https://drive.google.com/file/d/1_ChG09bl29HTSstIpf_HFOHCeNNf7484/view Twitter: https://twitter.com/defitrade Facebook fanpage: https://www.facebook.com/defitrade/ Medium: https://medium.com/@defitrade Telegram channel: https://t.me/defitradeexchange Telegram group: https://t.me/defitradegroup
Authorship: Bitcointalk username : Amendy1 Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2426201
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