Prime XBT Review (2020): Is It Safe? Bitcoin, Trading & Fees
Prime XBT is a popular Bitcoin-based cryptocurrency trading exchange that allows speculating on traditional financial products. Traders are able to trade a broad spectrum of markets including Forex (FX), cryptocurrency, commodities and indices using Bitcoin as collateral – something not many cryptocurrency trading exchanges offer today.
In this PrimeXBT review, we will assess the platforms features, user interface, deposit methods, available pairs to trade, trading fees, security and customer service. While we aim to provide you with accurate and the latest information, we strongly suggest that you visit the website to keep updated with any changes that may occur afterward.
What Is Prime XBT?
Prime XBT is a Bitcoin-based leverage trading platform that allows users to speculate on the price movement of traditional financial markets using Bitcoin. It combines the speed and trading experience of a crypto exchange with the broad range of markets typically offered by traditional brokers such as CMC, Pepperstone and IG Markets.
This means that you can use 1 asset (BTC) to trade 30+ trading assets from a single Bitcoin wallet. There is no need to worry about fiat deposits or banks, everything is faster and cheaper using Bitcoin only.
Founded in 2018, Prime XBT has experienced exponential growth and currently serve clients in more than 150 countries and an average daily volume of $375,000,000.
The exchange provides access to top-tier liquidity and wide range of trading tools, while maintaining security, liquidity, enabling a safe and efficient trading environment for everyone.
How to Register With Prime XBT?
The process to sign up with Prime XBT is extremely quick. There is no KYC to register which will suit a lot of investors. All you need is a valid email address and you can then deposit Bitcoin and start trading immediately!
Visit the Prime XBT site and click on ‘Register’
Enter your Email and set a Password
You will be required to verify the email address.
Check the registered email address and enter in the code. This will complete the registration process and you are now ready to login into Prime XBT.
The security of your funds should be a priority and recommend that you activate Two Factor Authentication when you login into Prime XBT for the first time.