Apps Like PrimeXBT & Comparison with Popular Alternatives For Today

PrimeXBT Prime XBT is a Bitcoin-based platform, offering a leveraged trading on several digital assets… Created by PrimeXBT What is PrimeXBT?PrimeXBT is a new 4th generation cryptocurrency trading platform, offering margin trading across a variety of crypto assets, a customizable user interface, short-selling, unmatched privacy, and many more advanced features catering to everyone from the most experienced professional traders to those who are making their first trades ever.Among the most exciting features PrimeXBT offers its users is the ability to use up to 100x leverage across all crypto assets available on the platform, including Bitcoin, Ethereum, EOS, Ripple, and Litecoin. More Info »Trading InstrumentsPrimeXBT trading platform offers a variety of order types and options for crypto traders seeking increase their profits. In addition to more common order types such as market, limit, and stop orders, PrimeXBT allows for Bitcoin short selling so traders can profit off any trend direction, and the ability to place orders with leverage. PrimeXBT even allows traders to set stop loss and take profit prices so they can plan entry and exit points to maximize profitability.Leverage Trading Explained: Leverage trading allows traders to open positions much larger than their initial deposit. PrimeXBT offers the highest level of leverage at 100x across all major cryptocurrencies offered on the platform.With 100x leverage, a 1 BTC buy order will function as if the trader’s capital was worth 100 BTC. If the price of Bitcoin increases by 25%, the trader will have generated 25 BTC in profit by using leverage, whereas without leverage the profit would be only 0.25 BTC.Positions with leverage can be opened as a “short” or a “long” across all crypto assets available on the platform, including Bitcoin, Ethereum, EOS, Ripple, and Litecoin.Trading with leverage opens up the opportunity for traders to generate incredible profits.

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