What is PrimeXBT? All about the award-winning broker

The crypto market is brimming with competition - companies and corporations everywhere are seeking a piece of the emerging asset class and nascent technology. In no sector is competition more fierce than in the realm of trading platforms, each offering more interesting and compelling selling points than the next.
What is PrimeXBT? All about the award-winning broker

Few of these platforms, however, have ever received any industry recognition for their efforts, and not to the acclaim that PrimeXBT has. As a result, we’re putting a spotlight on the award-winning margin trading platform to get to the bottom of why the platform has been privy to such esteem within the trading community.

Best bitcoin trading platform

Among the most notable of PrimeXBT’s credentials, is the ADVFN International Financial Award for Best Bitcoin Platform for Margin Trading. Since then, a lot has changed at PrimeXBT and the experience is even better.

The Bitcoin-based margin trading platform is now a multi-asset margin trading platform as of the recent PrimeXBT V2.0 upgrade, which introduced support for ETH and ERC-20 stablecoins USDT and USDC. Support for the COV utility token was included for staking and unlocking membership utilities within the covesting ecosystem on PrimeXBT.

With no minimum deposits and free registration, anyone can fund a margin account with BTC, ETH, USDT or USDC and begin trading more than 50 different CFDs all under one roof.

The best crypto trading platform and the best crypto and forex broker

We’ve combined these for the sake of underscoring the same facts that apply to both awards, and also goes to show the diversity in the product lineup at PrimeXBT that it was able to take home Forex Awards for both The Best Crypto Trading Platform and The Best Crypto and Forex Broker.

The platform was able to achieve such a feat thanks to the above mentioned 50 trading instruments. Within the wide set of instruments listed, there are forex trading pairs, cryptocurrencies, major stock indices, metals, oil and gas.

Cryptocurrencies range from bitcoin to altcoins, while forex currencies include both majors as well as exotics from emerging markets.

This means that all using the same margin account, users can build a well diversified trading portfolio across all the most important assets, which has earned the brand these notable awards.

Any of the underlying assets of the CFDs included on PrimeXBT are available in the built-in TradingView integration, which lets crypto or forex traders build a strategy and execute according to plan. There’s also stop loss protection and advanced take profit orders for fine tuning of strategies. And instruments don’t just stop at crypto and forex, there’s also stock indices, commodities, metals and more.

The best crypto trading app

Last but not least, PrimeXBT got an award nod for its free smartphone app for Android and iPhone. The app lets on the go traders stay in touch with markets and their positions, while allowing for a social life and flexibility. At the touch of your fingertips, anyone can long or short bitcoin or other cryptocurrencies, stock indices, commodities and more.

The app is surprisingly offered for free in the Google Play Store and the App Store for iPhone, while other competitors often charge a recurring subscription for access to such professional tools. The only thing that’s missing from the desktop experience is the technical analysis software, but that experience is better left for the desktop to begin with.

On the desktop traders can rely on multiple screens and choose from a variety of widgets to customise the dashboard experience.

There’s much more on PrimeXBT

Even with all the trading platform is already known for, more is unfolding each day. Since winning an award for bitcoin margin accounts, ethereum and stablecoins have been added, for example.

A company blog is jam-packed with trading tips and informational guides, and there’s a 24/7 live customer service chat for anyone needing a more hands on approach.

Innovative features such as the covesting copy trading module are also in abundance. The tool connects followers with strategy managers for synergistic success. And with the covesting yield account system on the way in Q3 2021 and joining the already launched covesting copy trading module, the experience on PrimeXBT grows greater with each passing day.

Register for the award-winning bitcoin broker today for a free, no minimum trading account and begin trading more than 50 different CFDs all under one roof.

Monetary Library
Monetary Library
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