Cryptocurrency trading is easier than ever with PrimeXBT

June 20, 2021

The financial world is constantly evolving. The traditional concept of a platform or exchange has been adapted and transformed to meet the needs of today's traders. Specifically those interested in cryptocurrencies and digital assets.

In addition to the core activities aimed at reaching people, PrimeXBT is also a multi-asset trading platform. Where users have access to more than 50 assets. These include cryptocurrencies, forex, commodities, and stock price indices. You can learn more about the full list of these asset classes below.

PrimeXBT is an innovative space for traders of all levels. Especially for experienced investors. PrimeXBT further helps to increase market access more widely. PrimeXBT has a user-friendly interface, advanced infrastructure and high security. This helps the platform to differentiate and stand out from other competitors.

PrimeXBT aggregates data from twelve leading exchanges in the industry. This makes PrimeXBT highly liquid. As well as the ability to match orders instantly. Traders have access to real-time market data. It is also supported by a wide range of trading analysis tools. What's more, PrimeXBT always puts security and privacy as top priorities.

Overall, PrimeXBT has always been about helping traders of all levels with a reliable, secure and streamlined experience.

PrimeXBT V2.0

Staying true to the platform's commitment to dynamism and innovation, PrimeXBT underwent an upgrade in March 2021. The V2.0 upgrade allows the platform to support digital currencies like Bitcoin ( BTC), ether (ETH), tether (USDT), and USD coins (USDC).

Fiat currencies such as the US dollar (USD) and the Euro (EUR) are also in the process of being explored. Accordingly, PrimeXBT's interface and user experience have been upgraded and improved to support these new currencies.

PrimeXBT users will now be able to view all of their account data, balances, portfolios and more. The same user can view a report on transaction information, as well as a detailed account of that transaction. Information on transfers made to other wallet accounts will also be available here.

The integration of Covering on PrimeXBT

Covesting is a peer-to-peer trading module available only on PrimeXBT. This feature allows investors to connect with experts in strategy management. And from there, create a mutually beneficial relationship. Covesting also provides a variety of software solutions for both retail and institutional clients.

Investors using Covesting will have access to an informative five-star rating system and international rankings that provide detailed information on various success and risk metrics. This allows them to choose an investment strategy that is right for them.

There are currently hundreds of strategies accessible on Covest. These strategies are provided by the traders themselves. Basically, visitors can imitate the behavior of top traders to make a profit.

For traders, Covest provides a transparent platform. This is where they can share their work with other users. At the same time, compete openly with traders on the same platform. Another benefit here is that traders can earn a second source of income if they receive fees from people who subscribe to their strategy. Therefore, the more people sign up, the more profit that trader will have.

Token Covesting (COV)

The COV token offers holders a lot of benefits. This is an ERC-20 token built on Ethereum. COV offers many incentives and benefits. Including the discount of transaction fees on the Covest platform.

COV is currently available on KuCoin, Uniswap and PancakeSwap.

COV is designed for use by members of the Covest ecosystem. Therefore, this token allows holders to receive various benefits and discounts. The demand for COV depends on a combination of activities on different supported platforms.

With COV locking, users can access three levels of membership status. Includes: advanced, advanced or elite. With each status there will be specific benefits in Coverest products. Token holders can also place their funds in DeFi liquidity pools. Here, they will earn daily interest.

To ensure scarcity, COV also has periodic coin burns, which minimizes the total supply. The platform is also looking to allocate a portion of all earnings to the burnings. A complete list of COV write transactions can be accessed here.

Another upside is that COV holders will soon have access to a Covest income account. This feature can help token holders earn double their current profits.

How to register and trade on PrimeXBT

Register now to start trading on PrimeXBT.

Unlimited Accessibility of PrimeXBT

PrimeXBT's mobile app allows traders to manage their portfolios and positions seamlessly. Anyone active on the PrimeXBT platform will have free access to the app. The app is available on iOS and Android.

The application is not far from the desktop version. This creates a consistent experience when users use both devices. This application is also accessible anytime, anywhere so that users are not in a passive situation.

PrimeXBT: The pinnacle of financial security

PrimeXBT manages its customer information with top-level security features. PrimeXBT confidently offers the highest level of asset security. The platform is designed by experts in financial security. And managed using rigorous manual processes. Far more than an automated system that can be hacked.

PrimeXBT's security features include:

All assets are stored in a cold wallet.

Withdrawals will be processed once a day between 12:00 and 14:00 UTC.

Withdrawal requests made before 12pm will be processed on the same day. Any withdrawal requests made after this time will only be processed the next day.

Each transfer is processed manually. In which a team of technicians will examine transactions to determine the level of risk, avoiding money laundering or other suspicious activity.

Bank-grade security infrastructure

Mandatory address permission list

Two-factor authentication

DDoS Protection on Cloudflare

SSL encryption

Password encrypted with passcode mật

And more

PrimeXBT Referral Program

PrimeXBT has a four-tier referral program. Offer clients four income levels. Depending on the currency chosen by the account holder, payments can be made in BTC, ETH, USDC or USDT. The payment will be made directly and immediately.

PrimeXBT's top earners have made over 100 BTC so far. Any new user who registers to the exchange through this program, the referrer will earn a commission from it..

Commission for each transaction from the referrer

What's more, the referrer also receives a commission for every transaction that the referred person makes. For active traders, this number can start at $250 and can reach $1,250.

Besides, the referrer can also receive promotional codes, discounts and other attractive promotions to attract more new users to join.

Low fees and progressive discount system

Another attractive feature of PrimeXBT is its competitive trading fees and rebate system for traders. Fees include both transaction fees and overnight position fees. These can be reduced through the discount system in place.

PrimeXBT also rewards its traders by cutting fees for those with the highest level of trading turnover. The reduction can be up to 25% for those with a turnover of 300-600 BTC. For fees to be reduced up to 50%, traders will need to have a turnover of over 600 BTC.

Users can track their progress towards each discount level. And can then adjust your strategy to take advantage of the reduced transaction fees.

PrimeXBT is on its way to becoming a leading trading platform

Transaction fee discounts facilitate both motivating and helping traders to function optimally. The wide variety of assets traded on PrimeXBT shows a forward-thinking approach to trading. And helps to expand the reach of traders on this platform.

The partnership between Covest and PrimeXBT proves the fact that the platform is user-centric. Comprehensive and dynamic. Through it, PrimeXBT is also shaping an element of crypto education. Accordingly, it is designed to encourage newcomers to the world of trading.

PrimeXBT is clearly on its way to becoming one of the top trading platforms in the world. From user-friendliness, making the platform accessible to all skill sets, to a strong focus on security: PrimeXBT builds on its credibility and trustworthiness.

Sign up here on PrimeXBT to start trading now.

Primexbt Mobile App

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).

The user-friendly graphical interface and tutorials makes Primexbt review easy to use for anyone, new or experienced.

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

Start Trading Now