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Welcome to our PrimeXBT review, where we’ll be exploring everything you need to know about this popular digital asset trading platform. Founded in 2018, PrimeXBT has rapidly grown to serve clients in over 150 countries, offering top-tier liquidity, a wide range of trading tools, and a secure, efficient trading environment.
Safety is a top priority at PrimeXBT, with measures such as compulsory address whitelisting, two-factor authentication, cryptographic hashing of passwords, SSL encryption, and Cloudflare DDoS protection all in place to ensure the platform remains hack-free with 99.9% uptime. PrimeXBT is also compliant with AML (Anti-Money Laundering) regulations, using real-time data analysis to identify and prevent any suspicious activity.
Please note that PrimeXBT services are restricted to residents of certain countries, including the United States, Canada, Japan, Algeria, Ecuador, Iran, Syria, North Korea, Sudan, and the Russian Federation. If you are a resident of one of these countries, you will not be able to use PrimeXBT’s services. Even if you are not a resident of a restricted country, it is important to consult with legal and tax advisors in your region to ensure your use of PrimeXBT’s services is in compliance with local laws and regulations.
In terms of fees, PrimeXBT offers competitive trading fees, with the option to choose between a maker or taker fee model. Deposits and withdrawals can be made using a variety of methods, including credit card, bank transfer, and cryptocurrencies. Customer support is available 24/7 through live chat, email, and social media channels.
What Can You Trade on PrimeXBT ?
Please note list of assets that can be traded on PrimeXBT is ever expanding. Asset coverage is one of the more impressive aspects of the PrimeXBT trading platform. There is an extensive range of assets that you can trade there.
With PrimeXBT, traders are not restricted to trading only cryptocurrency assets as is the case with many other crypto trading platforms. As mentioned, you can also trade forex, commodities, and stock indices.
- Crypto- 41 tradeable cryptocurrency markets. This includes trading popular cryptocurrencies against USD or Bitcoin.
- Forex– 51 tradeable pairs including all the majors and many minor/exotic pairs.
- Commodities– 5 tradable commodities such as Gold, Silver, Brent, Crude and natural gas.
- Stock Indices– 11 tradable indices such as GER30, SP500, NASDAQ, HK-HIS, AUS200, JAPAN, UK100, DOWJ, EUR50, FRANCE, SPAIN
This means that traders can take a position on some of the more traditional assets allowing them to explore other markets and hedge crypto positions.
Overall, PrimeXBT is a reliable and secure digital asset trading platform that offers a wide range of tools and features to help traders succeed. If you’re considering using PrimeXBT for your digital asset trading needs, be sure to keep the information in this review in mind.