Crypto markets enter a new-era in 2019, where traders can utilize advanced techniques and strategies that allow for profit in all market conditions.
PrimeXBT launched earlier this week, on the 4th of February, and with over 150,000 eager users on a wait list to access the unique feature-set that provides greater opportunity for profit, namely: up to 100x leverage.
With the state of the lingering bear market, the ability to short-sell crypto assets and margin trade is incredibly valuable. Without these two strategies there’s not a lot to be done, apart from from ‘holding’ and trying to pick the next hyped up altcoin to enter the market and hopefully catch the wave.
Rather, savvy traders tend to focus their attention on the top performing crypto-assets, as with more volume and historical data they’re somewhat more predictable, thus allowing for effective technical analysis and successful trading.
For this reason, the pairs available to margin trade with leverage on PrimeXBT are so far limited to: BTC/USD, ETH/USD, EOS/USD, LTC/USD and XRP/USD.
100x Leverage
Trading with high leverage provides the ability to take advantage of small but predictable price movements, as any profit made is then multiplied by up to 100 times. For example with 100x leverage, a $100 profit becomes a $10,000 profit, which is a significant difference.
This increased profit comes without having to outlay anymore money than what you would have without the leverage.
Short Positions
And, by short-selling, or ‘shorting’ a crashing crypto asset, you can profit as a crypto’s price falls. Again, up to 100x leverage can be applied to shorting, so you can open a $10,000 position for only $100, and all you stand to lose is $100.
These two trading strategies are in incredibly high demand, with only a few trusted trading terminals that even offer leverage and shorting, let alone up to 100x. The PrimeXBT platform features much more than this alone however…
Other features and functionalities include:
- Aggregated liquidity: from 12 Suppliers, enabling instant execution on even the largest transactions;
- Advanced order types: Stop-loss, OCO (one-cancels-the-other), and protection orders, in addition to standard market and limit orders;
- Lowest fees on the market: 0.05% commission on all trading pairs;
- User-friendly, high sophisticated UI: with customizable layout, multi-monitor support;
- Powerful charting engine: with several chart types, a variety of handy widgets, indicators, technical analysis tools, drawing instruments, and ability to trade directly off the chart;
- Robust security system: cold/hot storages, DDOS protection, withdrawal address whitelisting, two-factor-authentication, cryptographic password hashing, etc;
- Various deposit options : BTC, EUR, USD and other cryptos;
- No KYC: fully anonymous trading, signup takes no more than a minute;
- Mobile apps: on iOS and Android.
With an industry leading trading terminal and advanced trading capabilities, PrimeXBT is well placed to facilitate the 4th generation of crypto traders, as the new ‘go-to’ place to trade with leverage.
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Great post pseudokoo and welcome to the Steemit family please feel free to explore post and enjoy
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