Prime XBT is a well-known crypto futures exchange that was launched in 2019. XBT is an alternative ticker symbol of BTC (Bitcoin). It is known for its low fees, it has very high liquidity, friendly customer support, and a high level of security.
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PRIME XBT SING UP
The sign-up process is really easy. Go to the official page, www.primexbt.com, and on the up right-click to ‘Register’.
The only things that you need are an email account and a phone number. They won’t contact you by phone or anything like that, you need that to get a code via SMS and activate your account. All the other notifications will be received by email.
PRIME XBT DASHBOARD
This is pretty much your account summary. The minimum amount that you can deposit is 0.001 Bitcoin. The Available margin is the total amount of funds available for trading.
PRIME XBT DEPOSIT
First, on your dashboard click on the deposit button.
After that, a page where you can make your deposit will pop up.
$100 is the minimum that you can buy with your credit card, but if you deposit another way from another wallet you can put $10 in Bitcoin here.
Once you have some money in your wallet you can then withdraw them to your trading account. You can do this at any moment by just pressing the Fund Trading Account button. This is the kind of security feature, that will prevent you from accidentally spending, to much money from your wallet.
PRIME XBT WITHDRAW
Before you withdraw you need to take back your money from your trading account to your wallet than, you can withdraw to a white-listed Bitcoin address. This is another security feature, because if in any case if your account got hacked, the hacker can not withdraw funds out of your account to any Bitcoin address that is not listed in your whitelisted account list.
PRIME XBT REFERRAL PROGRAM
The cool this about their referral program is that have 4 levels of referrals. You will get some % even of the referrals of your referrals and so on.
And if you want to get a 50% bonus on your first deposit make sure you sign up by clicking the button below. This offer is limited though.
PRIME XBT TRADING PLATFORM
The first cool feature that is worth mentioning here is that you can add or remove the widgets you want. Press the + to add a new widget.
Then press the other + above.
Choose the widget you want to add.
And finally and the things that you want to display there. For, example Ethereum compared to Bitcoin. You can add as many as you wish. You can also move the widgets around, put them at the top, or at the button, things like that.
To make any trade, go to the ‘Trade’ widget, click trade, and then you can put the order type. If you want to trade with the actual price, choose the ‘Marked’ order type. If you use the ‘Limited’ order type, you can set a price and your order will trigger when that value is reached. Also, you can use the ‘Stop’ order type to stop loss if the price start dropping and you don’t want to drop below a certain value.
PRIME XBT SUMMARY
Overall this is a very friendly trading platform, especially for beginners. You can customize as you wish your trading dashboard, to check the available margin and more.
You can trade other cryptocurrencies here like Ethereum, Ripple, Litecoin, and EOS (Electro-Optical System). Furthermore, you can access the most popular Indices (indexes) such as S&P 500 (the Standard & Poor’s 500 Index), FTSE 100 (Financial Times-Stock Exchange 100 Share Index), and Japan. Also, you can go short on 25 forex majors, but you can actually go up to 1000X with Forex and more.
In regular trading platforms, you need the price to go up in order to make money. With a leverage trading platform, you can make money either way. You can decide to go long or short, so you bet if the price is going up or down. You can customize your orders, set a limit price, and when the value is reached. Or you can use the ‘Stop’ order type to prevent losses and more.