PrimeXBT, a Bitcoin-based margin trading platform offering up to 1000x leverage across forex, stock indices, commodities, and cryptocurrencies, was recognised by the ADVFN International Financial Awards of 2020 in the category of Best Bitcoin Platform for Margin Trading, sweeping the award in a tough, and popular category.
This award follows closely on from the Forex Awards where PrimeXBT won three times over in the categories of Best Cryptocurrency Trading Platform; Best Cryptocurrency and Forex Broker, and Best Crypto Trading App.
This award recognises the efforts of PrimeXBT and how they have aimed to put traders first with regards to their Bitcoin-based margin trading platform. Amid stiff competition from other Bitcoin derivatives trading platforms, PrimeXBT was selected as the winner of this prestigious prize for its wide range of trading analysis tools, and its special focus on privacy, security, and liquidity.
Bitcoin Margin Trading has grown into a booming business in recent times and has attracted a lot of institutional money into the space. It is PrimeXBT’s understanding of this influx of trading, and their decision to provide state of the art tools that have made this platform such a success since its 2018 launch date.
Trader-First Bitcoin Margin Trading Platform
At the heart of margin trading is trader profitability and user experience. To this end, PrimeXBT has focused on ensuring profitability with a number of advanced trading tools for its clients. In the Bitcoin arena, there is up to 100x Leverage offered on the margin trades, as well as the lowest known fees of a flat 0.05 percent trading fee on all Bitcoin trades.
PrimeXBT offers built in charting tools to ensure that the entries and the exits from its margin trading markets are perfectly timed and aligned with a skilful trading strategy. These tools cover most of the most popular indicators that professionals operate with in order to keep an eye on the market such as RSI, MACD, Bollinger Bands, Williams Alligator, and many others.
There are also multiple order types for the users of PrimeXBT to take advantage of. Market Orders, Limit Orders and a stop Market Orders, offer additional protection and hedging on the margin trading platform.
More about PrimeXBT
Having launched in 2018 as a Bitcoin-based margin trading platform, PrimeXBT has come a long way in a short space of time. The platform now boasts an average daily volume of $375,000,000 with its trader focus suiting both professionals and newbies.
Aside from its Bitcoin and cryptocurrency margin trading, there are another 50 popular commodities, forex and stock indices, to trade on which all benefit from the purpose-built trading tools and built in charting software.
PrimeXBT has also become well-known for its safety and privacy measures with the platform requiring no KYC data to ensure user privacy, and a quick sign up too. Operating in the cryptocurrency space has also seen PrimeXBT invest heavily in its platform’s security as it offers bank-grade security infrastructure with features like address whitelisting and two-factor authentication.