Topic: PrimeBit.com - P2P Exchange Platform for P2P Currencies, up to 200x leverage - page 4. (Read 1601 times)

Stay at Home and Trade

Wherever you live coronavirus is not a joke. You need to stay at home for an indefinite period. It may take weeks or months. This is the only way to win the fight against the virus.

Turn the challenge into an opportunity and make money trading cryptocurrency contracts. The volatility is back and governments are launching unprecedented rescue plans worth trillions of dollars, which will put the fiat money to a test, opening long term opportunities for cryptocurrencies to take over.

This is a perfect storm for margin trading.

I don't have much to say about the images, I mean yh, it would be better if they were related to the product/service you're providing. Also, so far I think the site is looking good but it does needs some final UI touches here and there, like an About Us page or something similar where you describe in a few sentences what this exchange platform is about.
Given that you gained some experience with the platform is 200X leverage something you've done or is it just a buzz word?

Beware of Phishing! Talk with us on the official channels.

We are doing our best to make PrimeBit the safest cryptocurrency contracts exchange platform.

However, the greatest threats come from outside as phishers try to benefit from our growing popularity by creating fake PrimeBit social media accounts and tricking out sensitive data from careless users.

Please, use only our official channels to contact us, and ignore any other accounts that offer you anything on behalf of PrimeBit.

Our domains:

PrimeBit website: https://primebit.com/
PrimeBit WebTrader: https://app.primebit.com/
PrimeBit Blog: https://blog.primebit.com/
PrimeBit Help Centre: https://support.primebit.com/hc/en-001

Our social media:

YouTube - https://www.youtube.com/channel/UCKgISvjcocN_Rjlxk2X668Q
Facebook - https://www.facebook.com/PrimeBitPlatform/
Twitter - https://twitter.com/primebit_com
Medium - https://medium.com/@forum_67363

Threads we write at:

Reddit - https://www.reddit.com/user/PrimeBitExchange
Steemit - http://steemit.com/@primebitexchange/
BitcoinTalk - https://bitcointalksearch.org/topic/primebitcom-p2p-exchange-platform-for-p2p-currencies-up-to-200x-leverage-5173694

We also send newsletters to let you know you about the most important changes or events. Emails sent from PrimeBit always come from an email address ending with @primebit.com.

If you have any doubts about whether a message comes from us, contact our support team via email: [email protected] to check if the message is legitimate.

Thanks for your feedback. PrimeBit offers MetaTrader 5 apps to download (mobile/ desktop), as well as two web traders - PrimeBit WebTrader, plus one from MetaTrader 5. Our clients can choose which environment suits them best

It is dangerous to trade through the browser. A specialized application is required. What is MT5. Better than MT5, will not succeed. Therefore, I believe that one should not refuse MT5 in any case.

For the last months, we’ve been working on a completely new trading app. It’s ready. At the moment we are running the final tests, and it looks like the planned release date is safe. 

From March 3, when you go to app.primebit.com you’ll land on the new PrimeBit WebTrader.  You can log into your account with the same email and password.

The new PrimeBit WebTrader is faster and provides a much better user interface. In a single view, you get everything you need. We are sure you are going to love it.

Read the full preview.

Tether accounts and trading pairs

With the new PrimeBit update we also introduce new Tether accounts. Apart from funding your trading account with Bitcoin, you can also use USDT for deposits and withdrawals.

Additionally, as of March 3, you’ll get access to new Tether trading pairs: BTCUSDT, ETHUSDT, LTCUSDT.

If you still want to trade with MetaTrader 5 (MT5) apps or the old WebTrader, they are still going to be available. You can access them through the slide-in menu.

Everybody wants to trade Bitcoin, Ethereum or Litecoin contracts. The platforms that offer a leveraged P2P exchange are getting extremely popular. This is a new attractive product that will explode when cryptocurrency markets go up ahead of the awaited Bitcoin halving that will take place in May this year. You don’t have to be a skilled margin trader to make money on the global trend. It’s enough to earn coins with an affiliation program.

The biggest question, however, is which platform to choose. The answer is simple - go for the best product. People will sign up with your links, and what’s more important, they will trade on the platform. This way you will get a lifetime revenue share on every transaction they will ever make. What’s more, you want to attract as many skilled traders as possible, since you will earn your commission on their “taker fee”, each time when they make a trade.

In our blog post, we explain what features a trading platform should have to go viral and snowball your referral income. A must read!

We added a new set of winter banners for you. Use them to promote PrimeBit.
You can also add a 10% discount promo code to boost the effectiveness of your campaigns.
Here’s a guide on how to do it.

Happy Holiday and a Great 2020!

What a year for the crypto community. We launched our P2P trading platform and the world went crazy about trading perpetual contracts.

2019 was the year when we brought to you PrimeBit - a perpetual contract exchange that offers unlimited profits with capped risk. 

It was a great year for Bitcoin and altcoins. We wish you all 2020 to be even better.

Our team is working all the time to build the best cryptocurrency trading platform. Here’s what we’ve done so far (all in 2019):

1) We launched the first crypto-products trading platform with the highest maximum leverage. We offer from 1x up to 200x leverage on BTCUSD, ETHUSD, and LTCUSD accounts
2) We were the first to integrate perpetual P2P contracts trading with MetaTrader 5 - the world’s most popular trading tool. MT5 guarantees a great mobile app, powerful desktop app, handy web trader, great features (such as signal trading, aka Expert Advisors), quick integration with institutional clients, great performance and high reliability.
3) Since the get-go, PrimeBit’s growth is mostly organic and fuelled by a very attractive affiliate program with up to 20% lifetime revenue share.
4) The result? In just a few months since going live, we have already attracted 4,000 traders.


Don’t miss out on the trading opportunities. Check out the order book and see if you can spot a promising trading offer.

We are not slowing down at all. At the moment our team is working on some awesome new features that will be out at the beginning of 2020.

1) We are going to introduce Tether deposits and withdrawals.
2) We’ll also bring to you Tether contracts:  BTCUSDT, ETHUSDT, and  LTCUSDT
3) Then we will launch a brand new PrimeBit WebTrader - an alternative to MT5 tools. We are sure you will like it.

Thanks for trading with PrimeBit. Join us during the holidays as the cryptocurrency trading here never stops.

Attention, traders!
We have added two new features to our platform:
PrimeBit now allows users to view all market pairs and order books without the need to log-in to the website
PrimeBit now has a ‘System Status’ page - you can be sure that everything is working correctly on our side
Visit https://app.primebit.com/ and enjoy the ultimate P2P trading platform

Hi everyone,

On Black Friday for 24 hours, we cut the taker fee by 40% on all trades!

The promo is available for every order you make on November 29 from 00:00:01 to 23:59:59 UTC.

Black Friday is going to be mad on PrimeBit. We expect a record number of users P2P trading on our platform.

If you haven’t tried PrimeBit yet, check it out now. It’s the best P2P crypto contracts trading platform.

Give PrimeBit a try today.

Here are some new PrimeBit features we’ve introduced after receiving feedback from You

Four new language versions of the user interface. Now you can use PrimeBit in 40 different versions: English, Arabic, Bulgarian, Chinese, Croatian, Czech, Danish, Dutch, Estonian, Finnish, French, German, Greek, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malay, Mongolian, Persian, Polish, Portuguese, Romanian, Russian, Serbian, Slovak, Slovenian, Spanish, Swedish, Tajik, Thai, Traditional Chinese, Turkish, Ukrainian, Uzbek, and Vietnamese. Here’s a step by step guide on how to change PrimeBit’s language version.

Video Tutorials. If you are new to MetaTrader 5 or any other trading platforms, you should definitely go through our basic guides. You can find them here. The complete course will take you less than 25 minutes.

API with complete documentation. Now you can plug into PrimeBit with two types of API:
REST API for the trading functionality
WebSocket API for realtime updates on public market data and private channels

Direct deposits and withdrawals from the MetaTrader 5 desktop application. You may think it’s a small improvement, but many PrimeBit users asked us to add this feature. Now you can make transfers directly from the MetaTrader 5 Windows and macOS application. You can find the instructions on how to do it here.

We have just uploaded a new set of ads to the PrimeBit’s Affiliate Dashboard. Use them to promote your network. Just grab the ad code from your panel and share it on your social media profiles, put it on your website, or send it with an e-mail to your friends or customers.

Remember, you’ll get an up to 20% lifetime revenue share from every account registered after clicking any of your ads. Just create your first campaign and let the business snowball.

Here’s how to create a campaign with the new ads.

1. Log into the PrimeBit app, and click the ☰ button to open the slide-in menu.

2. Now, go to the Affiliate Program.

3. When in the Affiliate Dashboard, click “Marketing tools”.

4. You will find the newest ads set in the top.

5. Choose the size and language of the ads, and then the campaign you’d like to use them with.

6. Finally, copy the HTML code and place it on your website, social media or e-mail.

That’s it. Now whoever clicks on any of these banners will provide you lifetime passive income.

@magneto,
1)  we are the platform where perpetual contracts have a fixed value of 0,1 mBTC per $1 price.
That’s why on PrimeBit when the price goes up or down $1, the value of your contract always changes by 0.1 mBTC, while on BitMEX your long contract will bring lower BTC-denominated profits with every additional $1 Bitcoin price increase.

2) PrimeBit is the first cryptocurrency contracts trading platform that offers 200x leverage. It’s just an option for traders who want to take that risk.
You can also trade with lower leverage: 1x, 2x, 5x, 10x, 25x, 50x, 100x, and 150x.

High leverage means you’ll profit more if the market goes your way, but also the funds on your account will end sooner if the market goes against you.

3) For more information about liquidation mechanism and auto-deleveraging please visit our help section: https://support.primebit.com/hc/en-001/articles/360008735200-How-do-forced-liquidation-mechanism-and-Auto-Deleveraging-ADL-work-at-PrimeBit- 

@shaw1,
we have no interest in earning your e-mail. We want you to log in, try out our DEMO account, and tell us what you think, and after that if you like it start trading with real money.

Here are three main reasons you should try PrimeBit over the competition:
We run on MT5 which is the standard among traders
PrimeBit’s fixed value perpetual contracts give you profit that’s not diminishing (unlike i.e. BitMEX contracts)
We offer the highest max leverage on the market


Meanwhile, PrimeBit is not slowing down.
Today we added 4 languages to app.primebit.com (there are 40 languages available on MetaTrader already).
We also added "tutorials" tab in the web trader dashboard.

I made no accusations.
I drew parallels.
Valid ones, at that.

Signing up for a service before you know details about it is ridiculous. You haven't earned my email address, yet.


I asked why users should choose you, over a reputable, established one. Still have no answer to that question.

You cannot deny the similarities between your name, and PrimeXbt.
I still doubt that was completely random.

What are the advantages of a linear product compared to what Deribit and Bitmex offers? Their products are not fixed to a BTC value per USD rise in value, correct?

Also, 200x leverage seems like a very high leverage to be offering. Most derivatives trading platforms only offer up to 100x.

While this could be an attractive feature, do you guys have sufficient funds in terms of "insurance" like Deribit's insurance fund in order to compensate for periods of high volatility where positions can be liquidated on a very rapid basis without warning? With such high leverage, it could be difficult.

We have nothing to do with the mentioned broker as we have nothing to do with Amazon Prime. We just share part of the name.

You build trust with time. Log into PrimeBit, try it out with a free DEMO, and give it a try.

We are building the first crypto perpetual contracts MetaTrader 5 platform.

All the information, fees, and T&C are available on primebit.com.

Maker fee: -0.0250%
Taker fee: 0.0750%
More information our contract specification is here: https://primebit.com/contract-specs/

You can check our liquidity in the order book on MetaTrader 5 desktop on symbols with .last extension.

PrimeBit Ltd. is registered in  St. Vincent and the Grenadines.

Please, give PrimeBit a try with a free DEMO before making accusations

You seem to be a shady knockoff of PrimeXBT, based on your name.
Which, as was my understanding, is a shady knockoff of bitmex.

Why should users trust your service?
And why, even if it is trustworthy, should they choose it over a more reputable one?

What are your fees?
What is your liquidity?
Where are you based?

More transparency, and less trying to make a copycat product would be a good thing, imho.

Hi there,
We have just uploaded some handy video tutorials to our YouTube channel.
You can also go directly to one of our playlists for: Desktop app tutorials or Mobile app tutorials
Thanks,
PrimeBit Team

@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.