PrimeXBT is one of the top margin trading platforms launched back in 2018. It offers a wide range of assets for trading, such as cryptocurrency, forex, commodities and stock indices. In addition, the platform supports margin trading using CFDs.
PrimeXBT recently launched 24 new crypto trading pairs. So if you are into crypto trading, you can now trade your favorite currencies without moving to another exchange.
Some of the newly launched trading pairs that PrimeXBT offers are BNB / USD, XLM / USD, XMR / USD and many others.
But to help you know better, let me explain all about the newly launched trading pairs:
List of 24 new trading pairs launched
|BNB / USD||Now you can trade Binance’s native Binance coins on PrimeXBT.|
|LUNA / USD||Terra is a decentralized blockchain protocol for algorithmic stack coins.|
|AVAX / USD||Avalanche is the Ethereum rival that prioritizes scalability and transaction processing speed.|
|MATIC / USD||Polygon, formerly known as the Matic Network, is a scalability framework solution.|
|SHIB / USD||Shiba Inu is popularly known as meme coin and it is a competitor to Dogecoin.|
|ATOM / USD||Cosmos is a cryptocurrency that drives the ecosystem of blockchains.|
|NEAR / USD||Near Protocol is a layer 1 blockchain solution that solves slow transaction speeds, limited throughput and poor compatibility.|
|ALGO / USD||ALGO aims to help create an open, borderless economy that works on a proof of stake mechanism.|
|TRX / USD||Tron is an open source operating system and a smart contract platform.|
|FTT / USD||FTT is a token that acts as the backbone of the FTX ecosystem.|
|FTM / USD||FTM operates the entire Fantom blockchain ecosystem. Phantom is a smart contract blockchain platform built for DeFi and dApps.|
|XLM / USD||Stellar allows faster digital currency transfer to fiat money across borders. It is inexpensive and offers a high-speed cross-border transaction experience.|
|MANA / USD||Mana is an Ethereum token that powers Dencentraland’s virtual reality platform.|
|ICP / USD||The Internet computer is the world’s first blockchain to run at an unlimited capacity.|
|SAND / USD||Sandbox is an Ethereum-based metaverse and gaming platform where you can create, share and monetize assets and games.|
|VET / USD||VeChain is a blockchain solution for supply chain management.|
|XTZ / USD||Tezos is another smart contract platform that uses the peer-to-peer proof-of-stake mechanism.|
|FILE / USD||Filecoin operates a decentralized data storage protocol and marketplace.|
|EGLD / USD||Elrond is a cheap, fast and highly scalable blockchain platform.|
|AXS / USD||Axie Infinity is a crypto-encounters Pokémon game where players raise, fight and trade cute NFT pets called Axies.|
|KLAY / USD||Klaytn is a modular, service-centric blockchain built for companies by the South Korean internet provider Kakao.|
|HNT / USD||Helium facilitates communication and connection to IoT. It operates LongFi, which is a decentralized wireless network of hotspots for IoT.|
|THETA / USD||THETA Network is the next generation of video and entertainment blockchain. It allows users to be rewarded for watching videos. As they share their internet bandwidth and other computer resources.|
|XMR / USD||Monero is a popular privacy coin. The token allows transactions to take place privately and anonymously.|
Top three trading pairs to trade on PrimeXBT with margin
Among all the 24 trading pairs, there are a few that will attract a lot of attention. Thanks to these cryptocurrency’s popularity and utility cases. So you should take a look at the following trading pairs:
Now you may be wondering how do I place a trade for all these newly launched trades? To do this, follow the steps below:
- Log in to PrimeXBT using your credentials, or create a new account.
- Then deposit money into your PrimeXBT wallet if you have not already done so.
- Go to Margin from the menu bar.
- Now select your favorite trading pair from All Markets.
- Then click the green Buy button to open the Buy / Sell window.
- Finally, select your order type and enter other details and click Submit Order to execute your order.
USPs for margin trading on PrimeXBT
Margin trading on PrimeXBT is extremely easy. Thanks to its many features that help you get the most out of your trade. With PrimeXBT you can enjoy features such as:
PrimeXBT offers you deep liquidity and a wide range of advanced features and trading tools. This allows you to act quickly and safely. Thanks to the high liquidity, you can execute your orders at your desired price. In addition, the trading tools help you analyze the market, place various buy and sell orders and so on.
PrimeXBT offers some of the best trading conditions on the market with tight spreads and low fees on all cryptocurrency trades. As a result, you do not have to pay too much of a trading fee for your trades.
You can customize the trading interface of primeXBT with features like multi-monitor functionality, add a wide range of professional trading tools to your screen and so on. This way you get a hassle-free trading experience.
It also offers you a wide range of different chart types. Plus, you get 50+ trading indicators and the ability to execute trades directly from charts. So whatever trading strategy or indicators you prefer, PrimeXBT is there to help you.
Gist of Copy Trading Facility with PrimeXBT’s Coveting Module
If you are not a pro trader, or you are just a beginner, then you can try PrimeXBT’s copy trading feature.
It is a great feature that allows you to automatically copy trades from the leading traders on the platform. You can choose from multiple traders from the rankings and automatically copy their trading activity.
By using the Covesting copy trading module you will be able to get great returns as the best performing traders on the platform.
Also, if you are a pro trader, you can share your own strategy and earn secondary income by receiving success fees from your followers. So it’s a win-win situation for both parties.
How to get started with the PrimeXBT Copy Trading module?
- Log in to PrimeXBT with your login information.
- Click Copy-Trading from the navigation bar.
- Now you will see a long list of traders with their ratings and other details. You can also click on the profile name to see further details.
- Once you have found the right dealer, click the Follow button to follow the dealer and automate your trades.
Finally, earn nice interest or returns on your holdings on PrimeXBT
In addition to copy trading, you can also earn interest on your cryptocurrencies. PrimeXBT offers you coverage dividend accounts.
By using the account you will be able to connect to several third-party Defi and CeFi projects. So you can earn passive income from your cryptocurrencies.
It’s extremely easy to get started and get interested in your crypto. All you have to do is select the coin you want to bet, select the amount and click the Bet Now button.
To get started, follow the steps below:
- Go to PrimeXBT’s dashboard and click on Yield from the menu bar.
- Now you will get to see all the available tokens that are available to earn interest.
- Click the Start Making Money button next to your favorite cryptocurrency.
- Finally, deposit your original bet amount and click the Bet button.
PrimeXBT offers you a wide range of features to help you make money on crypto. You can try their margin trading, copy trading or dividend betting.
It’s also super easy to get started with the platform and you do not have to be an advanced trader to use the platform. So go ahead and give PrimeXBT a try and see how it goes for you.