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PrimeXBT To Expand Influence As Crypto Winter Comes to An End

5min Read
PrimeXBT To Expand Influence As Crypto Winter Comes to An End

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PrimeXBT, the 4th generation cryptocurrency exchange and trading platform that has the entire industry buzzing, is hard at work preparing for the cryptocurrency market’s next major expansion.
For over a year now, the prices of top cryptocurrencies have been falling. PrimeXBT has helped traders who were eager to profit off of falling prices by offering short-selling with 100x leverage across all crypto assets. With the current Crypto Winter nearing an end, PrimeXBT is aiming to aggressively expand its influence in the market and launch exciting new features in the coming days.
How PrimeXBT Has Captured The Crypto Market’s Attention
With declining prices everywhere, and trading ranges tightening as prices of top cryptocurrencies consolidate and the market bottoms, PrimeXBT has been among the most profitable platforms for traders across the globe.
When volatility dries up, price swings are a lot fewer and further in between, and are often less violent than traders in the cryptocurrency market have grown accustomed to. This leads to less overall profit for traders who were used to the massive profits generated during the previous bull run.
PrimeXBT, a newcomer in the crypto market was launched this past February to much hype and excitement across the industry. Despite the platform being new, it’s been built from the ground up using decades of experience across traditional markets – the team behind PrimeXBT knows how to turn profits in any market conditions, and are arming traders with all the tools they need to succeed.
PrimeXBT offers the most leverage available anywhere in the crypto space, with 100x leverage being available across not only Bitcoin, but Litecoin, Ripple, EOS, and Etheruem too. No other crypto exchange even comes close, not even BitMEX.
Even More Features: PrimeXBT Crushes All Competition
In addition to profit-driving features such as 100x leverage and short-selling to profit off the bear trend, PrimeXBT has many other features that can help traders to gain a competitive advantage in today’s market.
Advanced Charting Tools
The cryptocurrency market can be difficult to predict. Last month, Bitcoin neared its previous bottom only to surge over 10% to $4,200. Once it reached the local high, the price was swatted down by bears to $3,800.
Using the advanced charting tools found at PrimeXBT, traders can better anticipate upcoming movements, and prepare themselves to extract the most profit out of price swings, regardless of which direction the price goes.
Charting can help traders identify the direction, or help to discover resistance and support areas to set entry or exit prices that ensure the highest level of profitability.
Multiple Order Types
Price consolidation can be confusing for traders who are unsure as to which direction the market will move next. We already know that the advanced charting tools can help traders prepare. PrimeXBT takes this a step further by offering multiple order types, as well as the ability to set stop loss and take profit prices as an order is being placed.
Even if a trader forgets to set these important stop loss and take profit prices, PrimeXBT allows submitted orders to be edited to add this information and ensure the trader leaves no profit on the table.
Aggregated Liquidity
Traders want the best price always. Unfortunately, many exchanges suffer from low liquidity as traders have exited the cryptocurrency market. Not, PrimeXBT. The trading platform sources liquidity from 12 different locations, ensuring the traders can tap into unrivaled liquidity and ensure the best entry or exit prices.
Never sit waiting for an order to execute again.
Bank-Grade Security and Infrastructure
Aside from waiting for orders to fill, nothing is more frustrating than submitting an order only to get an ‘order submission error’. PrimeXBT offers the most stable and reliable experience found in the crypto market, thanks to bank-grade infrastructure. PrimeXBT’s platform is extensively tested for reliability, in addition to security and safety.
PrimeXBT’s bank-grade quality also extends to the level of security it offers to traders and unique features offering such as address whitelisting, two-factor authentication, and so much more.
Even More Features
PrimeXBT requires no KYC process, keeping your personal details private. The platform offers multiple ways to deposit funds, from simple Bitcoin deposits to fiat currencies like USD and EUR and even other cryptocurrency types.
The advanced trading platform also encourages users to customize their experience through a number of helpful widgets and boasts dual-screen support for professional traders that need to watch multiple assets at once.
PrimeXBT Helps Traders Increase Profitability In More Ways Than One
The users of PrimeXBT have more than one way to turn a profit in the cryptocurrency market. In addition to the best profit-driving trading tools the market has to offer, PrimeXBT also creates an opportunity for near endless revenue driving through its 4-level affiliate program.
Traders can spread the word about PrimeXBT’s features, and in turn, earn revenue from any traders they refer to the platform. Unlike other exchange’s referral programs, PrimeXBT lets you earn revenue from not only the traders you refer, but any traders your referrals refer as well.
PrimeXBT: What’s Next for the Crypto Market?
PrimeXBT already has all of the features any cryptocurrency trader could ask for, so what possibly could they be cooking up that has the industry in such an uproar? At the moment, they’re not saying, but a spokesperson for the platform has promised that “exciting new features” are coming to the platform “very soon”.
Traders everywhere have already begun speculating as to what else PrimeXBT can offer when the platform already has so many tools to choose from, but given the 4th generation platform being backed by decades of market experience, anything is possible.
With the Crypto Winter coming to a close, the market is ready to expand again and PrimeXBT is preparing to help traders grow their profits to unprecedented heights.

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Biraajmaan covers market trends of major cryptocurrencies. As a graduate in engineering, his interests lie in Blockchain technology. With over a year as a journalist, his articles focus on US and UK markets.
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