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PrimeXBT is a Bitcoin based trading platform that allows you to trade more than 30 assets across 4 different markets, Cryptocurrencies, Indices, Currencies and Commodities. In addition, it does not require AML-KYC verification and offers up to 4 levels of referral system that generate income both horizontally and vertically.
This platform was launched in 2018 and has established itself as one of the favorites of professional traders, since in addition to operating in 4 different markets, it is available in more than 150 countries worldwide.
Something that stands out a lot PrimeXBT is based on Bitcoin, But what does that mean? Well, although you can trade in the various markets that the platform offers you, which are not necessarily cryptocurrency markets, deposits and withdrawals are strictly and exclusively in bitcoins.
As an example of the latter, suppose you are trading the USD/JPY (Dollar, Japanese Yuan) pair on the Forex market. Suppose you have made a profit on a trade and want to close a position that is clearly in fiat currency, then these funds will be converted to BTC at the market price and deposited into your account.
Although there are many platforms that you can trade from, below we will show you why PrimeXBT is the best option for you.
One of the best and most impressive features you will find in PrimeXBT is that registration does not require any kind of AML-KYC verification or in other words linking your personal data to your operations on the platform.
When registering, you only need to enter your email, password and country of residence. With this you can start trading immediately after your first deposit.
Focused on Bitcoin
As already described, this means that deposits and withdrawals are made in Bitcoin. However, you may wonder: How do I trade the ETH/USD pair, for example, if I only deposit Bitcoin? No problem, your capital is valued in BTC and PrimeXBT It will show you the amount available for trading with this pair, which depends on both the capital deposited and the available leverage.
100x and 1000x leverage
Inside PrimeXBT you will have 2 levels of leverageeach of which is intended for different markets.
In the cryptocurrency market (where Bitcoin, Litecoin, Ether, EOS stand out among others) you can opt for a leverage level of up to 100 times your capital, which allows you, if you have a capital of 1 BTC, to be able to open orders of up to 100 BTC. After you have made a profit and closed these orders, these profits will be much higher than what you could have gotten with just your capital.
On the other hand, in the foreign exchange market (Forex) it is normal – not only within PrimeXBT – to have a very high level of leverage. Therefore, when opening an account on the foreign exchange market, you will have leverage margins up to 1000 times higher than your capital.
You can learn more about leverage levels at PrimeXBT here
4 different markets
The markets you can trade on PrimeXBT are:
- cryptocurrencies: BTC, XRP, LTC, ETH, EOS.
- foreign currency: More than 10 currencies (USD, EUR, GBP, etc.) and more than 30 trading pairs.
- goods: Gold, silver, crude oil, natural gas.
- Indexes: Dow Jones, EUR50, GER30, SP500, NASDAQ, HK-HIS, UK100 and more.
To see the complete list you can visit the following relationship.
Advanced tools for technical analysis
Another important advantage it implements PrimeXBT To give you more comfort when negotiating, technical analysis tools such as charts, indicators, tables, among others.
PrimeXBT allows you to customize your main window in such a way that you can track up to 4 different markets simultaneously, just like a professional broker, but with a much more minimalistic menu and a dark theme that is very easy on the eyes.
Different trading options
PrimeXBT is not only a traditional trading platform where everything is placed and closed positions on different markets, but also has a system of quick orders, the so-called Turbowhich is basically what is known as binary options.
Within the Turbo system you can “bet” that the price of BTC will rise or fall from a certain estimated value in intervals between 30 seconds, 1 minute and 5 minutes, with profit levels varying between 65% and 80% depending on the chosen interval. .
When you register, you have 1 trial BTC to experiment with this trading modality.
Rates and commissions
U platform de trading PrimeXBT You can open your account with a minimum deposit of 0.001 BTC with no deposit fees. Withdrawals are charged a fee of 0.0005 BTC, including network and mining fees.
PrimeXBT processes all pending payouts once a day, between 12:00 and 14:00 UTC. Withdrawals requested before 12:00 UTC are processed the same day. Any withdrawal requested after 12:00 UTC will be processed the next day.
PrimeXBT’s trading commissions are 0.05% for each operation in the cryptocurrency market, 0.001% in the foreign exchange market and 0.01% in the index and commodity market.
Advanced referral system
Within PrimeXBT you will have two types of referral systems, an internal, platform-specific one that consists of up to 4 levels of referrals, and an external one that focuses on professional referrals with its own audience.
4 level referral system
The 4 level referral system is proprietary to PrimeXBT and works within the trading platform. In this case, you can earn income both from your direct referrals and from the recommendations of your referrals.
The benefits you receive correspond to participation in the commissions generated in each transaction on the platform. For example, the commission for each order in the BTC/USD pair is 0.05% of the total amount. So if it’s a first level referral, you get 20% of that 0.05%.
To know more about commissions in PrimeXBT you can visit the following relationship.
As an affiliate of your referrals is quite simple, they simply have to register using your referral link and that’s enough.
CPA referral system
The CPA system is a system for managing referrals and the income they generate and is separate from the PrimeXBT trading platform, which means you will need to create an account to enter.
The CPA platform is intended for users or entities that manage audiences, such as Youtubers, Instagramers, influencers in general, bloggers and website owners, among others, who offer their audience a product of excellent quality such as PrimeXBT and make a profit from the operations performed on PrimeXBT- in by his followers registered on the referrer link.
PrimeXBT’s CPA system has three membership plans which generate interesting income for professional referrals, as detailed in the following image:
Consider that for every plan certain conditions apply.
The operation is very simple,
- Referentwhether it is a person or a medium, promotes the platform of PrimeXBT and share your referral link with your audience on an accessible medium: blog, social media or website.
- Your followers or users They register with that link and trade on the platform.
- Referent You earn from your referred followers according to the selected plan.
CPA payment methods
Another interesting thing that CPA offers to its subscribers is payment methods, because in addition to Bitcoin as a means of payment for withdrawing profits, you will also have bank transfers, Neteller, Skrill, WebMoney and Qjwi.
You can learn more about PrimeXBT’s CPA referral system below relationship.
The platform de trading PrimeXBT has opened up the world of stock and forex markets to you. It seemed impossible for ordinary people to have the ability to buy CFDs on Brent Crude Oil or the Down Jones Indices, because it was reserved only for the big money and Wall Street professionals, as Hollywood taught us.
PrimeXBT has created different ways to generate profit for everyone. Whether it’s traditional trading in the real and cryptocurrency markets, “betting” on the Turbo Binary Options system, or referring users to PrimeXBT with internal referral programs and CPA, you can diversify your sources of income.
In this article, we will show you the functionalities and advantages that PrimeXBT offers, ua next delivery We will show you how to work within this fantastic platform.