PrimeXBT: Margin Trading and Beyond!

The PrimeXBT margin trading platform appeared on the market in the high season of the crypto winter in 2018. The platform quickly gained popularity among traders by providing the crypto community the opportunity to hedge risk and make money on a falling market through cryptocurrency margin trading.

PrimeXBT continues its successful development, being a top platform in terms of trading volume and having received industry awards and recognition from the crypto community. However, margin trading is not all that the service can offer.

PrimeXBT: Many Benefits in Only One Platform

More than 100 trading instruments on the PrimeXBT platform; cryptocurrencies, Forex currency pairs, popular stock indices, and commodities are available to traders.

Buying and selling with leverage allow traders to hedge risk and benefit from rising and falling markets. A variety of tools allows for diversifying the portfolio and creating more flexible and professional trading strategies, considering the market situation. For example, traders can use the record correlation of the NASDAQ index and BTC to obtain a higher income.

Multifunctional and powerful trading terminal PrimeXBT has the necessary tools for technical analysis and allows you to connect multiple monitors for comfortable work.

Follow Successful Traders

The covesting module is an integrated solution for those who are ready to invest but cannot do it themselves because of lack of time, lack of experience, or fear of losing capital. Using the Cov-module, you can enable automatic copying of trades of the best traders on PrimeXBT and earn. Thanks to the copy-trading module, there are cases when traders receive thousands of percent income, following the strategies of the best investors. 

You can use the Covesting module with the help of the website and the PrimeXBT application for Android and iOS.

Passive Income

You can make a profit on the PrimeXBT platform through active investment and through staking in Covesting Yield Accounts. Moreover, you will earn passive income if you block ETH, USDT (ERC20), or USDC (ERC20) for a certain period of time.

The larger the lock amount and the storage period, the higher profitability. Covesting Yield Accounts does all the staking work for you. This means that you do not need any technical knowledge to work with DeFi services.

PrimeXBT Trading Academy and Contests for Beginners

PrimeXBT contributes positively to the development of the cryptocurrency community by providing free educational content to first-time investors and traders. PrimeXBT Trading Academy shares 20 years of experience in investing in the financial markets, helps to learn the main methods of work with cryptocurrencies and analyzes essential industry news. You can find educational and useful content in the company’s blog: market research, guides, and company news.

First-time traders can check their knowledge and skills by participating in the Contests section with a prize fund of $10,000 to $100,000 in cryptocurrency. You do not need investments to participate; virtual funds are used for trading. Testing newly acquired skills opens the way to master the investment world for traders and provides an opportunity to get the first profit.

Referral Program

PrimeXBT offers a unique 4-level referral program that allows you to earn on direct invitations and the next three levels.

For example, if a new user registers using your referral link, replenishes his account, and starts trading, you will receive 20% of his trading fee. The second level referral (your first referral invited) will bring you 15% of the trading fee, third level referral – 10%, and fourth level referral – 5%.

In addition to the referral program, an affiliate program and an ambassador program are available on PrimeXBT, and you can find more information about them in a special section.

Conclusion

The PrimeXBT trading platform has been helping traders to take advantage of any market situation to maximize profits since 2018. Every year, the team creates, integrates, and implements more advanced technologies and functions that allow earning money for experienced traders and beginners. Sign up for PrimeXBT today!

Trushti Patel

Trushti Patel is a news writer and a regular contributor to CryptoNewsZ. She always stays up-to-date with the latest happenings regarding the world of crypto. She is also sound in technical analysis.

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