PrimeXBT has gained a lot of recognition in the trading community for its advanced trading tools designed for professionals. Although all the tools are easy enough to use for newbies, it is the depth and power that makes PrimeXBT so attractive to professional traders who are always looking for advantages that will help them be more successful when approaching global markets.
In this guide we will outline the tools that professional traders rely on for outstanding performance, capital protection, risk management and more.
PrimeXBT is an elite margin trading platform that launched in the crypto winter of 2018 and has become a hotspot for shorting Bitcoin and other digital assets. With crypto winter returning, the platform is once again in the spotlight to save portfolios and keep traders profitable during the bear market.
When bears finally go back to hibernation, PrimeXBT allows users to do everything from buying crypto or making a deposit to accessing a wide range of cryptocurrency-based products and services. Cryptocurrencies can also be used as collateral for trading digital and traditional assets, with some of the lowest fees out there.
PrimeXBT is best known for its margin trading tools, which include leveraged long and short positions on more than 100 different trading instruments. Users get access to built-in technical analysis software and trading indicators, stop-loss protection, and other risk management tools.
Trading instruments include crypto, commodities, stock indices, metals and forex. This means traders can use just one platform to build a diverse portfolio that includes long bitcoin, gold, oil and USD positions as the dollar continues to crush financial markets.
Skilled traders can use Covesting’s copy trading module to become strategy managers and rise through the ranks to become a top-notch trader and attract a large following. Strategy managers tracked all of their performance and trading history for their followers to view and analyze.
Followers need to use this information to select the right strategies and ensure profitability. Once you follow, all trades will be copied automatically. Strategy managers earn a portion of followers’ success fees while allowing followers to benefit without all the heavy lifting, making the whole experience profitable for everyone involved.
PrimeXBT offers an award-winning mobile app for Android and iOS devices. Available on the Google Play Store or Apple App Store, the free download allows merchants to access all of the above on the go. Manage positions or your margin trading and covesting portfolios from anywhere in the world right from your fingertips.
Never before has so much power been in the palm of your hand. The PrimeXBT mobile app is the most convenient way to stay connected to the global markets no matter where you are in the world. PrimeXBT is constantly refining the experience with new updates and improvements.
PrimeXBT competitions are a risk-free battleground where traders can compete for a chance to win crypto rewards and prizes that can be used as trading capital. Prizes range from 1,000 USDT to 100,000 USDT in global trade competitions.
As there is no risk, professional traders can instead use the experience to test trading strategies and technical indicators on a variety of assets before using the system for real-time trading.
The platform offers bank-grade security, an educational website, an APY-generating crypto staking tool, 24/7 customer support, a dedicated account manager for personalized services, and much more.
Regular market research reports are posted on the company’s blog to keep traders up to date with important news and macro events that could impact volatility.
Performance is the main reason professionals prefer PrimeXBT. With the multitude of tools above, traders can protect capital and keep risks at bay, generate more profit, activate alternative income streams and much more.
Registration is free and fast, and in just a few minutes you can make a deposit and advance your trading career with the award-winning PrimeXBT.
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