Prime XBT exchange review is a well-rounded crypto trading platform with an ambitious agenda in the derivatives space. It offers spot and CFD trading on popular cryptocurrencies while also adding new products like commodities, forex and copy trading to its lineup. In addition, the exchange offers competitive fees and a great selection of features.
To get started, users simply have to register on the site and enter their email address as well as a password. Then, they can fund their account and start trading. For the first deposit, PrimeXBT offers a generous welcome bonus of up to $7,000 which is credited instantly.
Traders can speculate on popular cryptos with commissions as low as 0.05% and high leverage up to 1:200. They can also trade commodities such as gold, oil and silver. PrimeXBT is also a top choice for Forex enthusiasts with over 200 pairs available on the site.
The platform has a good selection of tools to help traders with their trading such as the ability to set limits and stop losses, take profit levels and a full risk check before placing an order. Traders can also access weekly market research, which helps them make informed trading decisions.
The security measures on the site are comprehensive and include 2FA (Google Authenticator) for all accounts, SSL encryption to protect website traffic, Cloudflare to mitigate DDoS attacks and cryptographically hashed passwords. The site is also committed to keeping user funds safe and secure, with the option to block withdrawals from unauthorized wallets.