New exchange seems legit for me, anybody heard about it? - page 2.

JohnJarvis99

newbie

Activity: 236

Merit: 0

Quote from: Assab101 on February 18, 2019, 08:13:00 AM

Quote from: incomefromcoins on February 14, 2019, 02:50:52 AM

i feel this exchange is using some fabricated figures better nt to do trading with unknown exchangers

Any exchanges have risk even how popular that is. Recently, we heard about what happened to that popular exchange and up until now, it's still not returning. So, this is the advantage of having a crypto because the technology is spreading around the globe and I think it's impossible now to shut it down.

Yes, it is the time for make new exchange with legitimate at deposit/withdraw and i like PrimeXBT at their laverage: 100x.

BorisWCR

member

Activity: 554

Merit: 10

I have also visited this platform like the other crypto traders and users here. I see a good outlook to the PrimeXBT from having a great platform as an exchange.

anodyne

full member

Activity: 518

Merit: 100

I look at this crypto exchange that you are talking about and see that it is also a crypto trading platform if I am not mistaken? The project have a good platform and also great goals and visions. I want to see more of its achievements and more updates to come.

XbladedThanos

jr. member

Activity: 347

Merit: 1

Fun of WINBIX sales system winbix.io

Quote from: Junralz on February 18, 2019, 08:54:09 AM

Well, as of now nobody is accusing the site and I think time will tell about it. Being new could so hard to trust as it has still needs many feedback for them to gain the trust of the crypto community

First make some few trades on the exchange first and then decide from there but my guess is that once an exchange have established itself and is trading major coin and have CMC listing the only thing to fear is the maybe hacking of account which many exchanges have protections for that already

HandsomePeople

jr. member

Activity: 266

Merit: 1

Quote from: BigBoy89 on February 12, 2019, 01:14:54 PM

With 78M daily volume the exchange should be listed in Coinmarketcap, but it's not.
I'm sticking to exchanges listed in CMC for two reasons: I can make a cross-reference of the traded pair and the exchange have some reputation. Until I see it in CMC, I doesn't have a reason to try it.

Indeed, PrimeXBT offers aggregated liquidity from 12 exchanges, it's not a local volume. otherwise it would be impossible for a new exchange that just launched a month ago to has that huge liquidity. It's not clear yet if they have a legal agreement with those platforms or they just use API on their side since there is no partnership on the website. PrimeXBT claims to bring aggregation that used at Forex for long time to crypto space, however gaining reputation is a long journey.

Dua

member

Activity: 616

Merit: 10

Quote from: ?? on ??

Quote from: BorisWCR on February 18, 2019, 09:28:24 AM

A clear argument regarding the matter between the PrimeXBT and Bitmex is not the measurement to be used which is better. But we can only decide if both parties show who will be themselves as the deserving one.

Agree, if the other party is also competitive, then they will surely make a move to improve their platform and we users are the one gaining benefits for we are the one to use these platforms.

Definitely, healthy competition will only have a positive impact on the development of this platform. In fact, I think this is the best way to improve the quality of the platform.

Zianingbu

member

Activity: 504

Merit: 10

I think it's worth a closer look at this platform. I also went in several times and tested it, I think that you can use it.

BorisWCR

member

Activity: 554

Merit: 10

A clear argument regarding the matter between the PrimeXBT and Bitmex is not the measurement to be used which is better. But we can only decide if both parties show who will be themselves as the deserving one.

Vingolle

copper member

Activity: 154

Merit: 0

Quote from: RasenShuriken on February 18, 2019, 05:23:01 AM

I feel this exchange is not a kind of worth to be trusted, but i appreciate this new born exchange to get in the community.

read this, they have the potential to beat the Bitmex

wpc143

member

Activity: 490

Merit: 11

As I have noticed, the exchange is still new so we cannot decide if it is legit or not. But it's good to know that the platform is already functional in trading coins. Maybe in the upcoming more days, there will be some good things will be happening here, then that will help us to conclude this.

Junralz

jr. member

Activity: 532

Merit: 1

Well, as of now nobody is accusing the site and I think time will tell about it. Being new could so hard to trust as it has still needs many feedback for them to gain the trust of the crypto community

Assab101

jr. member

Activity: 448

Merit: 1

Look ARROUND!

Quote from: incomefromcoins on February 14, 2019, 02:50:52 AM

i feel this exchange is using some fabricated figures better nt to do trading with unknown exchangers

Any exchanges have risk even how popular that is. Recently, we heard about what happened to that popular exchange and up until now, it's still not returning. So, this is the advantage of having a crypto because the technology is spreading around the globe and I think it's impossible now to shut it down.

JohnJarvis99

newbie

Activity: 236

Merit: 0

Quote from: Vingolle on February 12, 2019, 10:21:27 AM

I was trading there for the last week and today i saw their video review, anybody heard about this exchange? As for me, exchange works great and provides with good leverage

https://i.imgur.com/X6R4UBB.jpg

Well, this is really good exchange. For who have follow them from started this project, the team have do a lot of working with high atitude and now, we have big community for this platform.

RasenShuriken

member

Activity: 560

Merit: 10

I feel this exchange is not a kind of worth to be trusted, but i appreciate this new born exchange to get in the community.

Mikwik

member

Activity: 518

Merit: 10

This PrimeXBT is a crypto trading platform if I am not mistaken? I have been in their Ann thread also find their opportunity in their airdrop campaign. This project is good and also we can clearly see how the team working behind the project is truly making the best they could to make this far. I admired how PrimeXBT works.

incomefromcoins

jr. member

Activity: 336

Merit: 1

i feel this exchange is using some fabricated figures better nt to do trading with unknown exchangers

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: joniboini on February 13, 2019, 12:12:57 AM

$78 mil volume is big (unless it's faked).

It's either fake, or super inflated because they calculate their volumes based on the leveraged trades. In other words, you should deduct 90% of the volumes there based on how these platforms on average use 10x leverage.

The same applies to BitMEX and the rest of the exchanges offering the same services. If you see them push volumes of $1 billion, it's just $100 million in actual volume. Currently the ratios might be even worse with the bear market.

Less volatility means higher leverage counts to make your trades worthwhile. That being said, the site seems to have a pretty decent Alexa ranking, so unless they're faking that, it's actually doing quite well.

Zalaster

member

Activity: 308

Merit: 13

Quote from: joniboini on February 13, 2019, 12:12:57 AM

Pretty sure OP is promoting that site. I've heard about this PrimeXBT many times though (not sure when or where I read about it), but people still love to use Bitmex or Deribit (which is generally accepted as better than Bitmex or Bitmex alternative).

$78 mil volume is big (unless it's faked). Btw, there's a review on Blockonomi about this exchange.[1]

[1] https://blockonomi.com/primexbt-review/

Positive reviews do not tell me anything, because I know that all this can be bought, creating a good appearance. We must be careful.

Vingolle

copper member

Activity: 154

Merit: 0

BTW here is what i found about bitmex and prime https://cryptodaily.co.uk/2019/02/primexbt-to-replace-bitmex-9-reasons-why

Vingolle

copper member

Activity: 154

Merit: 0

I was helping them with threads, but here I don't do promo, a really ask your opinion as for myself I tried to trade on Prime and was wondered how trades executed fast enough and with so friendly interface, previously I was trading on Bitmex, but they have too many problems with trade execution, crazy order book and unfriendly interface

Topic: New exchange seems legit for me, anybody heard about it? - page 2. (Read 568 times)