Place/Date: - December 12th, 2018 at 8:07 pm UTC · 5 min read
Contact: PrimeXBT, Source: PrimeXBT
The crypto market is populated by several types of traders and investors. There are the beginners, which often prioritize aspects such as usability and simplicity, and there are the more experienced ones, those that look for other options in their brokers.
The veterans in the field, those who know their way in these platforms, are short on usable options these days. There aren’t many platforms that can offer the ability to short-sell and use leverage. They want to hedge their investments and take advantage of advanced metrics and features.
The majority of today’s platforms offer low leverage, they need long KYC procedures and don’t provide any option to short crypto assets. The whole experience is limited, and DDoS protection is not efficient. Their fund deposit and withdrawal options don’t measure up to the required standards.
If you happen to have lots of unanswered questions in Bitmex or any other exchange you may be using, it may be the time switch to a fresher, more versatile alternative! Thankfully, once PrimeXBT is up and running (in a few weeks!) you will have the best tools at hand to conduct trading operations the way they should be performed.
About to launch in the next few weeks, PrimeXBT is a cryptocurrency exchange with advanced trading tools and margin trading. It offers a unique platform in the world of cryptocurrency trading, with a comprehensive range of trading and investing features on a user-friendly interface, making it perfect for both beginners and professional traders.
PrimeXBT offers cryptocurrency trading with high leverage. Among the myriad of offerings are Bitcoin-based deposits, withdrawals, and PnL settlements. It means that all profit and loss will be settled in Bitcoin, even if you’re buying and selling other assets.
PrimeXBT main sections:
PrimeXBT platform allows you to trade the following assets: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH) and EOS.
When it comes to leverage, you will be happy to know that PrimeXBT offers 1:100 leverage on all digital assets available on the platform. It means that every trader will be automatically provided with the buying (or selling) power equal to 100x times of the deposit value.
Also, the platform does not require a KYC process. PrimeXBT fosters privacy and refuses to include a verification process that may compromise data security. On average, the registration process takes only 40 seconds, making Prime XBT one of the fastest exchanges in the industry.
PrimeXBT is intuitive and makes trading assets an easy proposition. It is also in a position to offer a matching engine and aggregated liquidity from 12 providers, with the intention of ensuring the best price execution and the ability to fill large orders as quickly as possible.
PrimeXBT is highly compatible and offers 24/7 support! Use it and trade the right way.
PrimeXBT has come to understand that trading can also be performed on the go, not necessarily in an office or room sitting in front of a computer or a laptop. That is why developers have prioritized platform compatibility.
PrimeXBT has mobile applications for iOS and Android, the two most widely used operating systems in the world, ensuring high compatibility, flexibility, and trading simplicity on the go wherever you need to move assets around.
If you, as a customer, happen to encounter any obstacles in the way while using the PrimeXBT platform, there is no need to worry: the service has a 24/7 customer support staff, ready to come to your aid whenever you need them.
It is no secret that assets trading can be somewhat insecure. Your wallet may be compromised in unstable or unreliable exchanges, but that is not the case here, as PrimeXBT can guarantee assets and trading safety at all times.
The platform implements an extensive cybersecurity framework to make sure that strict measures and practices are in place to protect customer assets against any eventualities and threats. PrimeXBT conducts periodic stress tests and security audits to ensure compliance with the strictest standards.
The service uses two-factor authentication, provided by Google Auth, to ensure account security and prevent any unauthorized access to your account. It also implements encrypted SSL (https) to safeguard the website’s traffic.
All passwords are cryptographically hashed (using bcryptwith a cost factor of 12) while all other sensitive data is encrypted. PrimeXBT also uses Cloudfare to control and avoid potential distributed denial-of-service (“DDoS”) attacks.
There are regular tests and check-ups by PrimeXBT’s technical team, on-going and IT security assessments to keep up to date with new potential vulnerabilities, and the presence of Amazon Web Services (“AWS”) for physical security and internal controls.
In conclusion, PrimeXBT offers bank-grade trading tools to profit from a market crash. It is perfectly suitable for beginners because it has a user-friendly interface and is intuitive, but is also recognized as a fantastic platform for seasoned veterans in the world of trading.
PrimeXBT has 1:100 leverage on all assets, excellent security, and other useful features for your asset exchanging experience. If that isn’t enough to grab your attention, you get a full month for FREE: sign up to the platform and enjoy a free 30 days of trading with absolutely NO fees…what are you waiting for?