PrimeXBT Exchange Nabs Three Forex Awards, Including Best Crypto Trading Platform

UTC by Julia Sakovich · 4 min read
PrimeXBT Exchange Nabs Three Forex Awards, Including Best Crypto Trading Platform
Photo: PrimeXBT

PrimeXBT is proud to announce that it received three prizes at Forex Awards as the Best Crypto Trading Platform, the Best Crypto and Forex Broker, and the Best Crypto Trading App.

The 2019 edition of the Forex Rewards has revealed that Bitcoin-based margin trading platform PrimeXBT made a clean sweep of the awards in the cryptocurrency categories. In the category of Best Cryptocurrency Trading Platform; Best Cryptocurrency and Forex Broker, and Best Crypto Trading App, PrimeXBT walked away with all three awards.

The Forex Awards are well established having begun as far back as 2010. They look to evaluate and rate certain sites, across a number of areas in trading, in order to bring the limelight to all the forex and binary options companies that deserve clients’ attention and praise.

PrimeXBT’s sweep of the three crypto categories paints a picture of a platform that has not only impressed the judges at the Forex Awards, but also the trading community as a whole. With the cryptocurrency ecosystem merging more and more with traditional trading, this is quite an impressive accolade for the Bitcoin-based margin trading platform.

Ticking Important Boxes

A closer look at the three awards that have been bestowed upon PrimeXBT gives insight into facets that traditional traders take very seriously. Of course, taking the Best Crypto Trading Platform prize is a big one, and it gives credence to the overall operation at PrimeXBT.

However, because cryptocurrency is such a multifaceted environment, the prize for best Cryptocurrency Trading Platform highlights PrimeXBT’s goal to provide a cryptocurrency service that is unparalleled. Many cryptocurrency platforms spread their offerings quite thin, focusing on a number of aspects from holding and storing to trading and spending, but this prize is evidence of the trader focus from PrimeXBT.

More so, by also scooping the Best Crypto Trading App prize, PrimeXBT has focused on an important aspect of modern-day cryptocurrency trading; speed and accessibility. Trading has become a truly on-the-go activity, and in the cryptocurrency space, where things move fast, it is vital to have quick access and good user experience.

Who Is PrimeXBT?

PrimeXBT has come a long way in the cryptocurrency trading space in a short space of time. The platform launched in 2018 looking to face up to a number of well established Bitcoin-based margin trading platforms such as Binance, BitMEX, Deribit and others. In this time it has grown substantially and now boasts an average daily volume of $375,000,000.

The platform looks to serve traders as its primary goal and to achieve this it has offered 50-plus assets to trade which is not only limited to a variety of cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and XRP but also covers commodities and forex.

The platform services over 150 counties with a variety of different trading tools that traditional traders will find familiar, and cryptocurrency traders will appreciate. Additionally, it is known to offer executions on trades that average around 7ms. The platform also boasts Industry-leading trade engines with real-time risk management.

Importance of Awards

Awards, as presented by Forex Awards, play a vital role in the growth and expansion of the online trading space. This is a massive industry that continues to look for new ways to serve its clients, however, there are also teething problems that come with this rapid development.

Often times trading platforms can be badly put together, hard to use, or worse yet – a scam. Especially when it comes to the cryptocurrency space; where the Wild West tag still hangs heavy, it is important for independent reviews and awards.

Awards such as these allow users and customers to rest assured that the platforms they are using are not only well put together and trustworthy, but also leaders in their class. It gives peace of mind to the trading community that they need not look elsewhere for improvements.

It is also pleasing to see that there are a number of hard-working platforms across the board that has strived to provide a service that is aimed at pleasing their customers and pushing the boundaries of online trading. PrimeXBT’s focus on being a trader-first platform with the tools and user experience needed to allow customers to be successful has not gone unnoticed.

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Julia Sakovich
Editor-in-Chief Julia Sakovich

Having obtained a diploma in Intercultural Communication, Julia continued her studies taking a Master’s degree in Economics and Management. Becoming captured by innovative technologies, Julia turned passionate about exploring emerging techs believing in their ability to transform all spheres of our life.

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