9 Reasons Why PrimeXBT Will Replace BitMEX

June 20, 2021

Bitmex is by far the “worth it” cryptocurrency trading platform to trade Bitcoin with with high leverage, one of the only viable providers in the space that offers 100x leverage. times.

The platform's success is not surprising, given that there are many ardent crypto traders who aspire to more profitable and advanced trading strategies, beyond simply buying low, selling high. , or "hodling".

With the same principle, PrimeXBT trading platform was launched in anticipation of being able to become a formidable competitor to Bitmex, by offering up to 100x leverage.

Although the two trading terminals share this highly requested feature, there are a number of distinct advantages offered by PrimeXBT in the hope that the platform overtakes Bitmex as the #1 spot for trading. Cryptocurrency translation with high leverage.

1. Combined liquidity

PrimeXBT is setting the industry standard in this regard, by combining real-time liquidity from 12 leading exchanges. In doing so, the platform provides its traders with the best possible market rates with "lightning-fast" order execution, regardless of trading volume and without slippage.

2. 100x Leverage for All Pairs

BitMEX only offers up to 1:100 leverage when trading with Bitcoin, which means all profits and losses should be in Bitcoin, even if you are buying and selling altcoin contracts.

On the other hand, PrimeXBT trading offers leverage up to 1:100 on all available crypto assets, so far including: BTC, ETH, LTC, XRP and EOS.

This leverage can be applied to any type of position, whether sell (long) or buy (short). This means that PrimeXBT traders can multiply their profits by 100 times regardless of market conditions, whether bullish or bearish.

3. Lower transaction fees

Prime XBT fees is significantly lower than that of Bitmex.

PrimeXBT: 0.05% on all trading pairs;

BitMEX: 0.075% for BTC and 0.25% for all other pairs.

Furthermore, PrimeXBT is offering 50% off the first month of trading for all users who sign up before March 10, to drop it as low as 0.025%.

4. Alternative deposit options

BitMEX does not process any fiat currency, all deposits and withdrawals are processed through Bitcoin. While on PrimeXBT you can deposit and withdraw in any one of the available cryptocurrencies, as well as USD and EUR.

5. Professional and customizable trading platform

Prime XBT trade boasts a very impressive, sophisticated and customizable trading platform equipped with multi-monitor support. Meanwhile, the platform maintains an intuitive and easy-to-use experience, by allowing users to adjust the UI layout to meet their individual needs.

This adaptability makes PrimeXBT suitable for all skill levels, from the complete novice, to the most professional institutional trader and everyone else.

6. Advanced charting software, technical analysis tools and indicators

The Prime XBT trading platform is equipped with a powerful charting engine, with several chart types, a wide range of widgets, indicators, technical analysis tools and drawing tools.

These powerful capabilities empower traders to execute with precision and efficiency by providing clear monitoring of all trades, positions and orders, and trade directly. continue from the chart.

7. Multiple order types + Transparent and reliable Order book book

Advanced order types offered by PrimeXBT include: Stop-loss orders, OCO orders (this order) and protection orders, in addition to standard market and limit orders.

To efficiently execute these types of orders, PrimeXBT has designed its order book to be transparent, clear and easy to read. As we all know, the nature of trading sometimes (perhaps often) triggers high pressure and stressful situations. This feeling of stress can be exacerbated by placing orders in a “wink”, causing erratic behavior and potentially hasty decision-making. BitMoEX unfortunately closes the host to such an “epilepsy” order book and all users will regularly encounter their “terrible order submission errors”.

PrimeXBT has worked to alleviate the shortcomings in the design and development of its advanced trading platform.

8. Lifetime Payment – ​​4-Level Affiliate Program

PrimeXBT trading allows you to build a full-fledged business and be your own boss, with no initial investment, just by becoming an affiliate partner.

PrimeXBT 4-tier referral program pays 10x more than any competitor in the crypto space. You not only earn from your direct referrals, but also from 2nd, 3rd and 4th referrals.

Your direct referrals will split you 20% stake from their trading fees, while 2nd, 3rd and 4th referrals get you 15%, 10% and 5% respectively.

The more direct referrals you have, the faster your network/business will grow.

9. Advanced security features

As expected, PrimeXBT uses the best and most advanced security practices available in the industry today. User funds are protected with cold storage wallets, DDOS protection, list of withdrawal addresses, two-factor authentication, cryptographic hashes of passwords, and more.

PrimeXBT's launch this month comes as a milestone, as crypto markets are evolving and so are traders. With its first-class trading terminal and feature set offering more profitable trading opportunities, PrimeXBT is ideally positioned to be the preferred high leverage crypto trading platform of the year 2020.

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Primexbt Mobile App

MULTIPLE ORDER TYPES
Execute a variety of advanced order types such as market, limit, and stop orders, as well as take profit, stop loss, and OCO orders (one cancels the other).

EASY TO USE
The user-friendly graphical interface and tutorials makes PrimeXBT easy to use for anyone, new or experienced.

LIVE TRANSPARENT PORTFOLIO REPORTING
Access real-time portfolio metrics and position performance data right at your fingertips, from anywhere in the world.

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