5 Prominent Benefits Offered by PrimeXBT


PrimeXBT is a world-renowned crypto trading platform that was established in 2018. Even though it is a relatively newer trading platform, its progress and growth has not only been fast but notable as well.

It offers some of the most remarkable features such as offering support to several asset classes, investment options and more.

This exchange is a crypto-to-crypto trading platform that allows the users to trade CFD assets, forex and digital currencies.
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One of the several reasons for the success and popularity of the exchange is its customer-centric business model. It is a powerful trading platform that extends its services to users in more than 150 countries around the globe.

The PrimeXBT trading platform is not only powerful and versatile but it also offers one of the best user experiences. It also features some of the latest trading tools, guides, analyses and more.

However, every crypto exchange has its pros and cons that are important for all interested parties to be familiar with. If you are aware of the benefits and drawbacks of an exchange it can help you determine whether it is according to your trading requirements and criteria or not.

Benefits Offered by PrimeXBT

This is indeed one of the top crypto trading platforms in the world. However, its popularity is not the only reason you should opt for it. As a new crypto trader, you need to thoroughly look at the benefits it offers because it will help you get a good idea of what to expect while using the exchange.

Some of the benefits of the exchange are mentioned below in this PrimeXBT review.

Leverage Trading Supported

Leverage trading is one of the most popular trading strategies in the market. A vast audience, interested in trading crypto, often opt for leverage trading. If you are also a potential or new leverage trader then PrimeXBT can be one of the platforms you opt for.

The PrimeXBT trading platform also offers one of the highest leverages in the market, which is up to 100x.

Leverage trading basically allows the traders to borrow funds from the brokers. The borrowed amount is called leverage and it enables the traders to open bigger trading positions as compared to the ones they would have been able to open if they only used their funds.

While leverage trading offers opportunities to get big profits, they are never guaranteed and also come with high risks, depending on how the trade goes.

This exchange offers:

  • 1:1000 leverage ratio for forex trading commodities and indices
  • 1:100 leverage ratio for digital assets

Impressive Security Systems

If you want to inquire “is PrimeXBT legit?” then you should know that one of the benefits offered by the exchange is its high level of security that ensures the funds, accounts and information of the exchanges are kept safe and secure from any kind of cyber threat or failure.

It is one of the safest platforms in the market and implements top-of-the-line security systems, some of which are mentioned below.

  • Advanced security for web server
  • Cold storage wallets
  • Two-factor authentication (2FA) logins
  • Secured Socket Layer (SSL)

Various Asset Classes Supported

As mentioned above, PrimeXBT is a powerful and versatile trading platform that offers support to various asset classes. Unlike other trading platforms you can trade any asset that you choose from the available asset classes.

The PrimeXBT trading platform supports the trading of major and minor forex currency pairs. Some of the forex currencies supported by the trading platform include the following:

  • Australian Dollar
  • British Pound
  • Canadian Dollar
  • Euro
  • Japanese Yen
  • Swiss Franc
  • U.S. Dollar

Transparent Fee Structure

One of the biggest benefits of the exchange mentioned in this PrimeXBT review is that it has a fair fee structure. The fee charged by the exchange is transparent and is one of the most competitive in the market.

This means that PrimeXBT charges one of the lowest fees in the market, the details of which are mentioned below.

  • The platform charges around 0.05% flat fee per trade.
  • 0.0005 BTC withdrawal fee

User-friendly Interface

The exchange is versatile not only in terms of the features it offers but also regarding how suitable it is for different kinds of crypto traders. The PrimeXBT trading platform not only caters the needs of new traders but also those of intermediate and professional traders.

This makes it one of the best crypto trading platforms in the market. Whether you are new to trader or not, this can be a good exchange for you.

Final Takeaways!

Learning about the benefits offered by PrimeXBT can help you determine how suitable this exchange is for you if you want to use it to trade crypto. The benefits mentioned above can help you get a good idea of what the platform has to offer.


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