Access the global cryptocurrency marketplace in minutes, trade the most popular crypto-assets and tokens, and benefit from our award-winning platform to improve your trading results.
Build professional cryptocurrency trading strategies with easy-to-use, customizable charting software with over 50 technical indicators. Enjoy deep liquidity and execute trades using our powerful trading engine that has an average order execution speed of less than 7.12ms.
PrimeXBT provides a solid trading infrastructure, reliable software and a user-friendly interface with advanced traditional trading tools for the cryptocurrency space. Trade long and short positions on Bitcoin, Ethereum, EOS, Litecoin and more.
Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The protocol is backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency.
AXS is a governance token of Axie Infinity — a blockchain-based trading and battling game that is partially owned and operated by its players. It is used to participate in key governance votes and how funds in the Axie Community Treasury are spent.
Trading cryptocurrencies can be a highly profitable experience. Due to the speculative nature of the asset class, the price of digital assets can be highly volatile and fluctuate greatly within certain timeframes. It’s not uncommon to see cryptocurrencies rise and fall as much as 20% in a single day or from week to week.
When traders decide to use margin trading for cryptocurrencies they will essentially borrow funds from the platform to increase the buying or selling power of their trade. Margin trading means that traders are only required to deposit a small percentage of the total value of a position.
In other words, on the PrimeXBT platform, traders will be able to trade positions bigger than the capital they deposit, in order to increase profitability. Note, that margin trading can magnify your potential profit – but also your potential loss.
If a trader takes a short position of 10,000 XRP on 10x leverage, and the price of Ripple falls 3% the trader will earn a profit of 300 XRP. A similar spot trade without leverage would result in only 30 XRP earned.
Disclaimer: Margin trading also comes with inherent risks if the position moves against the trade. You should never utilize 100% leverage and never invest more than you can afford to lose.
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