To further assist the global community of traders who call PrimeXBT their home, and to encourage those that haven’t already tried the platform to do so, we’ve created this in-depth Trading Guide to help you get started on the platform and well on your way to becoming widely profitable.

Brief Overview

This detailed Trading Guide to PrimeXBT is designed to teach those new to the platform the ins and outs, while also providing valuable tips for those familiar with the platform seeking to maximize their returns.

Before we get started, PrimeXBT offers the following highly-sought features:

Free registration, requiring no KYC or personal information

A minimum deposit of 0.001 BTC and low commissions

Leverage up to 100x on all crypto assets, and up to 1000x for forex, CFD trading pairs

Ability to hold long and short positions simultaneously

Aggregated liquidity from 12 Suppliers, enabling instant execution on even the largest transactions

Highly customizable layout, with multi-screen support

Multi-level security system, with address whitelisting and cold/hot storages

Alternative deposit options: Bitcoin, altcoins, EUR, USD

24/7 support service

4-level affiliate program for unparalleled earnings potential

For a more detailed introduction to the platform, please read our Platform Overview.

Getting Started and How to Make a Deposit

To sign up to PrimeXBT, click here. Registration is free, and takes less than a minute to get started thanks to no KYC process being required. This protects your sensitive personal information from making its way onto the dark web, or into the hands of criminals. On PrimeXBT, your privacy matters.

After registration has been completed, PrimeXBT requires a minimum deposit of 0.001 BTC. Making a deposit is simple, by either copying the BTC address associated with your account or by scanning the QR code.

Alternative deposits methods are available via the third-party provider Changelly, which enables deposits of altcoins, USD, EUR, and more.

Once a deposit has been confirmed, the funds will need to be moved to from the Wallet to the Trading account.

Click here for step-by-step instructions on how to make a deposit on PrimeXBT.

Available Assets on PrimeXBT

We are proud to offer the most robust variety of emerging digital assets and traditional financial assets out of any other trading platform, including cryptocurrencies, forex, commodities, and the world’s most popular stock indices. No one else offers investors this level of portfolio diversification on one platform.

Our catalog of digital assets include the industry’s most popular: Bitcoin, Ethereum, Litecoin, Ripple, and EOS. All crypto trading pairs can be traded on leverage up to 100x. To learn more about the Crypto assets offered on PrimeXBT, click here.

In recent weeks, we expanded our offering to include the world’s most traded forex currency pairs, commodities, popular stock indices, and spot contracts for gold and silver. These traditional assets have been made available due to increased interest in global markets.

Forex currencies include USD, CAD, JPY, AUS, GBP, and CHF, and can be traded at up to 1000x leverage. Commodities include Brent and Crude Oil, Natural Gas. CFD contracts for the world’s most popular stock indices are also featured on PrimeXBT, and include SPX, NDX, HSI, and many more. The platform also offers spot contracts for gold and silver.

The full list of new trading pairs can be found below:

For additional details on the newly added assets found on PrimeXBT, click here.

Margin Trading on PrimeXBT

One of the features that makes PrimeXBT appealing to the global trading community, is due to margin trading being available at up to 100x across all trading pairs. Due to the low volatility of forex currency trading pairs, trading these currency pairs is available at up to 1000x leverage.

Margin trading allows traders to take positions much larger than what their capital would traditionally allow, by applying leverage to the position.

For example, a 0.001 BTC trade — the minimum deposit to get started on PrimeXBT — at 100x leverage, would become a position valued at 0.1 BTC. Therefore, a trade at 0.1 BTC at 100x leverage would become a position valued at 10 BTC.

Margin trading both amplifies profitability during large price swings and allows traders to squeeze profit out of even the smallest price movements, especially helpful during sideways trading environments.

To learn more about the advantages of margin trading, click here. PrimeXBT offers cross-margin to provide clients with a layer of liquidation risk prevention. However, it is still the responsibility of the trader to understand how margin is applied to positions, and know how much margin to leave available to prevent liquidation. To learn more about the differences between cross margin versus isolate margin, click here.

Taking Short of Long Positions, Or Both

Another popular reason more traders choose PrimeXBT, is due to the platform enabling traders the ability to take both long and short positions. The two opposing positions can also be taken simultaneously, allowing traders to hedge against opposing positions and other advanced trading strategies.

No longer are crypto investors stuck with only the option to “hodl” their spot bought assets during downtrends. Instead, traders can “go short” when it’s expected for an asset’s value to decline, letting the trader generate profits in both growing and falling markets.

Both positions are available as market, limit, or stop orders, and can be modified at the time of order placement or post-order with take profit and stop loss levels.

To learn all about the benefits of going long or going short, please read our detailed guide on profiting from falling versus rising markets by going short and going long.

Industry-Best Safety and Security Measures

We are committed to the maintaining the highest level of safety and security for our client’s funds. In addition to bank-grade security infrastructure and a threat detection system, PrimeXBT takes a number of steps to protect investors.

Before any funds can be sent, PrimeXBT requires its users to add addresses to an address “whitelist” of approved withdrawal addresses. This way, any unauthorized access is protected from the intruder from draining an account.

We also provide the following security measures:

Dual factor authentication (provided by Google Authenticator) to ensure account security and prevent any unauthorized access to users’ account.

Encrypted SSL (https) to encrypt and secure our website’s traffic.

Cryptographically hashed passwords (using bcrypt with a cost factor of 12) as well as encryption for other sensitive data.

Cloudfare to mitigate potential distributed denial-of-service (“DDoS”) attacks.

Internal audits which consist of regular tests and check-ups by our technical team.

On-going and IT security assessments are executed to keep up to date with new potential vulnerabilities.

PrimeXBT also uses a mix of cold storage and hot storage for assets for an added layer of protection. Only an extremely small portion of digital assets are ever held on hot storage for the highest level of protection.

To learn more about PrimeXBT’s security, please read our detailed report on the platform’s security tools and measures.

4-Level Referral Program

We offer traders the ability to start their own referral business through our lucrative 4-level referral program, which alone has caused the platform to gain much support from the global trading community.

Through their extensive network of friends, family, and followers on social platforms, traders are able to monetize any additional traders they sign up to PrimeXBT through a unique referral URL we provide.

A commission is made from any traders referred to the platform, and additional commissions are earned for each referral they bring in — up to four levels deep for maximum revenue opportunity. It’s become so profitable, some traders have started taking less positions and have let their commissions become their main source of income.

That’s the profit power of the PrimeXBT referral program. To learn more about all it entails, read our referral program guide.

Technical Analysis Through Charting Software

Another edge we provide to traders, is through the charting software offered directly through our trading platform.

Not only do we provide real-time price and volume data across all markets, advanced charting tools are available as well, giving traders who utilize technical analysis a competitive advantage.

By using tools to draw trendlines or by turning on important indicators, more experienced traders can often accurately predict the next direction the market is going to take. This helps them better prepare entry and exit points, for maximal profitability or to demonstrate proper risk management through carefully selecting stop loss levels.

Fundamental analysis is also important for investors. For more information on fundamental and technical analysis, read our guide on the differences between the two and why investors should understand each type.

Too Complicated? We Have Helpful Tutorials To Assist You

Still finding PrimeXBT too complicated? Fear not, we’ve created this helpful guide that clears up any remaining confusion about the platform. The highly customizable, yet simple-to-use platform gives traders new or experienced all the trading tools they need to become profitable in today’s tough market environment.

These tutorials include:

These helpful tutorials will help guide you through PrimeXBT. We recommend all users familiarize themselves with this helpful information.

By understanding these basics, traders will be will on their way to making profitable traders using the cutting-edge trading tools available on PrimeXBT.

What’s Next for PrimeXBT: Covesting Module

We recently revealed the first-ever sneak peek of the Covesting module, which allows investors to easily profit by mimicking the trades of more experienced traders. Meanwhile, top traders can further grow their profit margins by earning commissions from the investors following their traders.

The Covesting module and the benefits it brings to both novice and professional traders alike, is an experience and value not found anywhere else in the market. To learn more about this highly anticipated featured, check out the sneak peek.

Summary

PrimeXBT has it all, packaged in a customizable and easy-to-use platform armed with advanced trading tools that cater to the growing demands of today’s market. With the largest variety of assets — digital and traditional — PrimeXBT offers a solution for any trader’s needs.

What separates PrimeXBT from the rest of the competition, is through our commitment to helping traders become profitable.