PrimeXBT (No KYC and Copy-trading)

By Alexdotleo | Crypto & co. | 26 Aug 2020

Today I want to talk about an amazing exchange that offers no KYC trading and also copy trading. This exchange is called PrimeXBT. I found it while I was browsing the internet for an exchange that would guarantee privacy. In fact, PrimeXBT allows you to do trading without having to submit your personal information. You can trade cryptos, forex, commodities and stock indices all while using BTC as collateral. The platform is easy to use and friendly for both beginners and advanced traders. I like very much the option to set your own take profit and stop loss before entering the trade (that for example you won't find on Binance).

If you really like speed (and gambling) there is an option called Turbo which allows you to bet on the direction the market will take in the next 5s, 30s or minute. I personally haven't tried it because for me this option is too much of a risk, especially considering how volatile the crypto market already is.

And last but not least, the highly anticipated Covesting module where you can essentially invest your money and put it in the hands of a fund manager who will manage the fund for you. There are several different traders with different strategies. You can choose the amount of capital you want to allocate and the system will take care of it while you sleep. As always do your due diligence and never invest more than you can afford to lose. Go through the different traders and the margin they use also to get an idea of the risk.

Overall I think that PrimeXBT is a great platform for both experienced traders and beginners alike. If you are a seasoned trader and have a clear trading strategy in mind, then you can use the platform to trade BTC and take advantage of other asset classes. On the other hand if you are unsure where to start, but still want to invest something you can try the Covesting module for copy trading. Either way remember that this is not financial advice and always do your own research before investing your money.

That's all for today guys, if you found this article of any interest please tip and if you want to join PrimeXBT feel free to register with my referral link:

https://primexbt.com?signup=216747

Bonus 1: if you want to get a 50% bonus on your first BTC deposit, after signing up insert the promo code: cryptozombie

Bonus 2: if you want to get an additional 25% discount on fees, after signing up insert the promo code: Savy25

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