What It Is Like To Use PrimeXBT
When you are an active trader, you need a platform that is equally committed as you are. Otherwise, the platform is working against you and only serving to slow down your progress.
Any platform must be reliable, lightning fast, able to handle market volatility, and provide an ample amount of professional tools to choose from. This perfect platform for active traders exists today.
Learn what it is like to use the award-winning PrimeXBT margin trading platform as the type of trader who eats, sleeps, and trades day in and day out.
On repeat: The crypto market never sleeps
The cryptocurrency market is the ideal setting for the active trader. The always-on market means that there is an opportunity to be found at any hour of the day, 365 days per year.
The average number of days in a traditional stock market year is only 252 days ignoring holidays and weekends. Specific trading desks even shut down after the typical work day, making trading in your spare time impossible for many.
With PrimeXBT, the platform and mobile application keep you as connected to the market as you want to be. Active traders never need to pass up on the chance to take a long or short position when the right moment arises.
Risk management tools and passive investing alternatives give more aggressive traders an occasional break to tend to social activities.
If being away from your trading desk typically gives you anxiety, having access to your portfolio while on the go using the iOS or Android app can provide both peaces of mind and return on investment.
The full suite of PrimeXBT trading tools is included in the app, along with access to more than 100 different trading instruments.
The experience begins with making a deposit or buying crypto to get started. Multi-asset accounts utilize BTC, ETH, USDT, USDC, and COV as account collateral. For convenience and cost savings, PrimeXBT has implemented BEP-20 and TRC-20 support alongside ERC-20 tokens.
A funded account opens up a world of cryptocurrency-based products and services, with margin trading as its core focus.
Although account margin utilizes cryptocurrencies, the margin trading platform also provides exposure to traditional assets like stock indices, commodities, metals, and forex currencies.
The most important global assets are included, such as oil, gold, natural gas, the S&P 500, and much more.
Active traders get an abundance of markets at their disposal and can actively manage a portfolio of many uncorrelated assets for even more profits and capital protection.
Long and short positions using leverage let traders maximize profits while condensing risk and getting the most out of both directions of the market. Both positions can be open simultaneously for hedge positions.
Why experienced pros pick covesting copy trading
The most active traders of all can really up the ante with the Covesting copy trading module. Traders with an active following of traders can become even more profitable by becoming strategy managers.
The ability to create and manage strategies was just added to the mobile app, letting active traders stay connected to their strategy manager account.
Strategy managers earn a cut of the action from any followers they attract. To help followers pick and choose the right traders, strategy managers have all performance metrics tracked in the fully transparent global Covesting leaderboards.
The better the performance, the higher the rank and the more visibility the strategy will receive.
Strategy managers can also promote the strategy themselves via social media. PrimeXBT also includes a feature that lets traders generate a shareable graphic that consists of the ROI of recent trade.
With past strategy managers making as much as 90,000% profits, these shared wins can be incredibly boast-worthy for the most active traders.
Actively invest in yourself and your network
The most active traders with a following can also make additional money by inviting users to the platform. The referral program provides up to 20% commissions with four levels of referral layers. The program offers daily payouts that can be pocketed or used toward trading capital.
Active traders are always looking to hone their craft. For the pros that are never satisfied with their skill sets or are always looking for an edge, the PrimeXBT Trading Academy is the place to be. Led by expert trader Dirk Hartig, pros can pick up new tips, watch tutorials, or catch up on the latest market trends.
PrimeXBT Contests is also an area of the site where traders can join weekly, no-risk trading competitions and enter for a chance to win crypto prizes.
With no capital at risk, traders can also practice or backtest trading strategies and step up their game.
Make money while you sleep with PrimeXBT passive investing
When active traders need a break or are on a cold streak, they can also follow their peers from the Covesting copy trading platform.
In addition, both traders and strategy managers can get more money out of the copy trading community by activating Advance, Premium, and Elite COV token memberships.
The COV token also unlocks up to a 2x APY boost in the Covesting yield account tool, which lets crypto holders stake idle crypto assets for a variable interest rate paid daily in crypto rewards.
Covesting yield accounts connect directly to DeFi protocols, providing passive returns on crypto staking.
Covesting users can activate or deactivate COV token memberships in the My COV section of PrimeXBT. Not only is there complete information on what COV token memberships provide, but there is also data on COV token supply and price.
COV token memberships unlock trading fee discounts, eliminate new following fees, improve profit shares, and much more.
Conclusion: eat, sleep, trade, repeat profitably with PrimeXBT
If you wake up every day ready to trade and go to sleep dreaming of ticker tape at night, and while at the dinner table and lunch breaks are checking on positions or sneaking a look at crypto price charts, then PrimeXBT is the perfect platform for you.
As an active trader’s paradise, the platform has all the tools necessary and then some to get the job done and do it successfully and consistently.
If you eat, sleep, trade, then repeat, you owe it to yourself to check out PrimeXBT.
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.