PrimeXBT Review
PrimeXBT is a trading platform that allows users to invest in various financial markets. Thanks to PrimeXBT, buying bitcoin (BTC), for example, and investing in silver is possible.
The platform was founded in 2018 and has increased since then. PrimeXBT has users in over 150 countries around the world. They offer over 100 trading assets; today’s average daily trading volume is above $1 billion.
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Their vision and values are clear. They want to offer their customers dynamic trading opportunities and continue developing them. In the busy world where they wish to operate, they offer users the best experience. The customer is central, and they build their business around it.
Account
To use all services and products that PrimeXBT has, an account must first be created. Registering with PrimeXBT is a simple and streamlined process, fortunately. After entering an e-mail address and password, entering a verification code is only a matter.
To use all functionalities, ID verification is a requirement. This requires customers to take a selfie, upload an ID, as well as a proof-of-address. Reviewing these documents is quick, and the account will be fully ready.
PrimeXBT markets
PrimeXBT is a platform with numerous products that they offer to their users. The products are briefly described below.
Crypto trading
PrimeXBT offers the possibility to buy crypto. They offer four cryptocurrencies, namely, bitcoin (BTC), Ethereum (ETH), USD coin (USDC), and tether (USDT).
Forex trading
Forex trading is the trading of currencies. Traders buy one currency and exchange it for another. It is hoped that the purchased money will increase in value.
Index trading
Index training is one of the most common ways of trading in the financial markets. An index, plural indices, tracks and measures the performance of a group of stocks representing a particular market. So you do not bet on a separate share.
Commodities Trading
Commodities trading is the trading of commodities and raw materials. Traders bet on an increase in the value of, for example, oil or gold.
Big on copy-trading
One of the services that PrimeXBT offers its users is copy-trading. PrimeXBT’s copy-trading module is an innovative feature where users can easily and automatically track and copy other traders. For example, newcomers can benefit from the experience of others. At the same time, experienced, successful crypto traders can use copy-trading to generate additional income. Each trader can create their strategy. If this strategy proves successful, it will be followed more, and the creator will earn extra fees. The followers and the ‘strategy managers’ can determine the risk themselves and get out whenever they want.
PrimeXBT Mobile App
PrimexXBT is available as a desktop version and can be downloaded as a mobile app in the Apple App Store and the Google Play Store. The PrimeXBT mobile app has everything the desktop variant has, with the significant advantage that you always have it at hand. The app is straightforward, easy to use, and ideal for monitoring different markets.
