BitMEX had been the reigning king in the cryptocurrecy leverage trading market. Now the competition is increasing with Kucoin announcing it’s leverage trading exchange Kumex and Binance announcing Binance margin trading 2.0 PrimeXBT is also the new competitor in leverage trading in Crypto space.
PrimeXBT exchange open it’s books to cryptocurrency market in early 2019. PrimeXBT offers 100x leverage trading in Bitcoin, Litecoin, Ethereum, EOS and Ripple. Not only this PrimeXBT also offers trading in Forex and CFD markets.
PrimeXBT had already enabled their futures platform as PrimeXBT turbo and their social trading platform covesting which makes trading on PrimeXBT more delightful.
Registration on PrimeXBT
You can register to primeXBT in no more than 2 minutes. They require no KYC at the time of registration.
1. Visit PrimeXBT CLICK HERE
2. Enter your email and desired password
3. Click on verification link recived in your email and you can start trading on PrimeXBT.
Be sure to enable 2-factor security to your account and add google authenticator to make your account more safe. 2-factor authentication helps you to add an extra security layer to your account. You can add this to your account via your account tab.
Also Read : PrimeXBT Referral Code 103203 — Earn Four Times the Referral Rewards
Trading on PrimeXBT
PrimeXBT ensures the safety of it’s users and trading platform. PrimeXBT is registered in Seychelles under the PrimeXBT trading services. They use extensive security measures like cold storage and use of multi signature access. They are continuously working on making their trading platform more secure from cyber attacker. They are also using full SSL encryption for website communications security like all financial institutions these days. Your trades are secured and safe on PrimeXBT.
PrimeXBT offers it’s trading mechanism as 100:1. Which means you would be trading with 100 BTC if you hold 1 BTC in your PrimeXBT account. not only BTC PrimeXBT allows 100:1 trading for all trading pairs like ETH/USD, XRP/USD, LTC/USD, EOS/USD.
You can make your orders on PrimeXBT via limit, Market or stop orders. Not only this They had introduced a new order type called as the OCO or one cancels the other order here you can place two simultaneous orders. Execution of one order would lead to the other. This could also be very useful in trading.
If you are a trader in cryptocurrency space. You must try PrimeXBT. Always remember Leverage trading is like a gamble. Here you are not buying your trades rather you are betting on them. You can also check Bitmart they are offering free 20 BMX tokens to it’s new users.