The market has recently welcomed a fresh and new fast-growing Bitcoin trading platform in the form of PrimeXBT. The platform gives its users several investment options and asset classes to choose from.
This dedicated PrimeXBT review will briefly discuss PrimeXBT, the new iOS trading platform launched by PrimeXBT, how to install and register it on it, and features and USPs of PrimeXBT, along with the final review.
What is PrimeXBT?
PrimeXBT is a crypto-to-crypto exchange platform that allows you to trade assets such as cryptocurrencies, Forex and other CFDs. It provides a leverage as high as 100x, something dealers prefer.
However, the platform only lets you fund the trading account with Bitcoin. This means that you must buy or hold Bitcoin to use PrimeXBT.
PrimeXBT was introduced in 2018 and it has not looked back since then. It is considered one of the most important brokers playing in the margin trading market and boasts users from 150 different countries.
The platform dedicates its success to its “customer-centric” business model, and it keeps fees very low compared to other crypto brokers.
PrimeXBT believes in innovating and evolving using cutting-edge blockchain technology to offer users everything they need for an excellent trading experience. PrimeXBT provides 24 * 7 customer support to help.
PrimeXBT is a user-friendly website. Traders get access to the guides, latest analysis and important trading tools. Both beginners and expert traders can use the platform to its full potential to easily reach their trading goals.
The all-new PrimeXBT iOS application is built to complement the existing web browser version, and it has access to all the features of the platform. The demand for on-the-go services is increasing and the new iOS application plans to meet this demand.
How to find the PrimeXBT app in stores and install it on the device?
It’s pretty easy to find and install the PrimeXBT app:
- Go to the Apple App Store.
- Search for ‘PrimeXBT – crypto trading app’ from your iPad or iPhone.
- Click the Download button and download and install the application on your device.
- Run the app and follow the registration process to use all the features and functions. Get ready to act and succeed.
Let’s see below how you can register yourself and open a new trading account and start trading.
How to register as a new user using PrimeXBT iOS App?
- Download the PrimeXBT app, run it, and click the Sign Up button when the app is open for use.
- The next step is to enter a valid email, enter a password and add your phone number to complete the profile building process.
- Click on terms and conditions and press the Register button.
- The app will ask you for a verification code. This code will be sent to your registered email. Add this code to the app as a step towards verifying your identity and click the submit button.
- Now it’s steps where you can set a unique password.
- Add your country of residence and select from the drop-down menu.
- Your PrimeXBT trading account is ready to use.
Benefits of PrimeXBT iOS App
Many new traders have difficulty managing their crypto portfolio and are unsure of which coins to invest in. In such a scenario, the PrimeXBT Covesting feature comes into play.
The feature allows you to browse hundreds of trading strategies shared by other traders using the app. Implementation of these
By implementing such strategies, you will be able to automate your trading practices. You can copy their trading decisions or strategies and monetize your trades. These strategies come with attractive risk reward statistics.
- Shop when you’re on the go
Having a dedicated mobile application for trading helps you trade on the go and you never miss a single opportunity to increase your profits. You can check the latest updates, make real-time trading decisions.
You can also open, close or adjust your trading positions according to the market flow. So regardless of your location, you can download the PrimeXBT app and shop.
The iOS PrimeXBT app has a fully functional chart with credible indicators to help you with your technical analysis. PrimeXBT lets you monitor your portfolio directly from your iOS app.
Some more features in the PrimeXBT iOS app
- The app allows you to deposit multiple currencies, including BTC, USDT, ETH and USDC coins.
- Trading is no longer demanding for you and you can start trading for only $ 5. All you have to do is deposit your coins into the app and you’re ready to start your trading journey.
- The PrimeXBT application comes with a friendly user interface. Navigation, search and access to insights will be easy for shoppers in this app.
- PrimeXBT supports advanced order types such as stop-loss, limit orders, take profit and more. These and other features are available from your mobile and allow you to perform advanced trades.
- The app also has top security.
- The platform offers 24/7 live customer service, and customer support is readily available to any trader on the platform. All you have to do is go to the app, click on the chat icon from the home screen, and you can connect to the customer service team.
- It faces almost no system overload or server downtime.
Brief explanation of other USPs of PrimeXBT’s iOS app
PrimeXBT is built on a custom trading engine. It is built for speed, security and credibility. PrimeXBT ensures 99.9% uptime due to the constant development and advances in internal technology.
As far as the safety precautions are concerned, customer BTC is stored in an offline cold storage wallet. However, a small portion of BTC is stored in an online hot wallet. Multisig is offered for protection against attack.
The platform does its best to ensure security. As a result, it allows two-factor authentication, SSL encryption, Cloudflare DDoS protection, and cryptographic hashed passwords.
It has built a partnership with Bitfury’s Crystal for blockchain analysis to ensure security measures. Apart from the above USPs, here are a few more crucial selling points for PrimeXBT:
- No deposit fees.
- Account opening is fast.
- Adding and withdrawing money from your account is quick.
PrimeXBT is a user-friendly trading platform that offers traders access to both cryptocurrencies and conventional asset classes such as indices and commodities.
PrimeXBT allows margin trading. You can trade both long and short, and that means you can profit from both a rise and a dip in the market.
Low trading fees and a worldwide presence, along with leveraging through multiple asset classes, make PrimeXBT worth paying attention to. In addition, it ensures security combined with rewarding referral programs.
Overall, PrimeXBT is a one-stop-shop crypto exchange platform serving both beginners and experts.