Prime XBT allows you to trade most popular cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin with 1:100 leverage, profit from market rallies and declines, or hedge your existing cryptocurrency holdings
Leverage enables you to get a much larger exposure to the market you’re trading than the amount you deposited to open the trade.
Leverage is a key feature of a PrimeXBT trading platform, and can be a powerful tool for a trader. You can use it to take advantage of comparatively small price movements, ‘gear’ your portfolio for greater position size, and to make your capital grow faster.
PrimeXBT offers 1% margin trading which equals to 1:100 leverage on all cryptocurrencies.
So, if you have a trading account with $1,000 in it, you can take advantage of leverage worth up to $100,000.
PrimeXBT enables you to benefit from cryptocurrency markets that are rising, as well as those that are falling.
If you wish to buy a Bitcoin, for instance, then your account will grow in value as Bitcoin’s price increases. If Bitcoin price decreases, then your account loses value accordingly.
PrimeXBT platform allows you to open a position that will increase in value as the cryptocurrency decreases in price. This is referred to as selling or going short, as opposed to buying or going long.
- Trade most popular cryptocurrencies Bitcoin, Ethereum, Ripple, Litecoin, EOS
- Margin trading with leverage up to 1:100. In fact, this means that you can make a deal for $10,000 with only a hundred dollars.
- No KYC. It takes few seconds to register and requires no personal information to get the full access to the leveraged trading platform.
- With the aggregated liquidity from 12 top cryptocurrency exchanges orders on PrimeXBT trading platform are executed lighting fast - it’s like trading at 12 exchanges at one time
- The PrimeXBT platform provides a professional highly customizable trading terminal and bank-grade technology that provides the most comfortable trading experience
- Short selling. It is a way to profit from the downwards trending markets.
Available order types:
- Limit order
- Market order
- Stop order (stop loss)
- One-Cancels-The-Other (OCO)