@hugeblack thanks for your feedback, we really appreciate that.
a) We are offering a very innovative product, that’s quite complex on the inside but very simple to use even for beginner traders. That’s what we want to show with our website design. We like it a lot and we hope it helps us stand out from the dull competition.
b) We are the first P2P cryptocurrency derivatives platform with 200x leverage, which is our advantage over the main competitor BitMEX.
c) We are also the first platform of this kind fully integrated MetaTrader 5, which is a standard tool for all traders worldwide.
d) PrimeBit and MT5 offers a great mobile & desktop app, web trader, signal trading (Expert Advisors), quick integration with institutional clients, high reliability.
e)We have no minimum deposit.
f) We operate on matching/ trading engine can handle 1 million trades per second, coded in C++.
g) Finally, PrimeBit does not liquidate positions at bankruptcy price unless the liquidation would result in a negative balance. It means that PrimeBit does not support the concept of an Insurance Fund, which has been employed by most of the crypto exchanges, because it increases losses of highly-leveraged users. At PrimeBit we just make sure that once forced liquidation is initiated, the user is provided with the best price possible.
h) Currently, we do not have a licence. However, PrimeBit’s legal team works 24/7 to make sure we meet all regulatory demands for compliance. This is a difficult task as the regulations differ from country to country. As you can see in our T&C we have some regional restrictions.
Let me know if you are still missing any information. Once again thanks for your feedback, we want to answer all of your questions. It will help us make PrimeBit a clear and transparent platform, which is our goal.
@Slow death, thank you for your feedback, really appreciate it.
a) As for the website, we explained it above. However, if we receive more negative feedback about the design from you, we’ll definitely consider changing it.
b) PrimeBit Ltd. is registered in Saint Vincent and the Grenadines - SVG.
c) We created the thread for early subscribers, who could get premium accounts. Now PrimeBit platform is already live. Sign up at
app.primebit.com and let us know what you think.