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5 Major Benefits of Trading Crypto on PrimeXBT




PrimeXBT is one of the newer crypto trading platforms that was established in 2018. It is a crypto-to-crypto exchange and is one of the most popular ones in the crypto space. It is preferred by every crypto trader, whether they are new to the crypto space or not. It ticks all the right boxes in terms of features such as user-friendly interface, fee structure, security offered and a lot more.

As a novice trader, you should be careful while choosing an exchange because every crypto trading platform may not match your criteria and requirements. Therefore, to be sure that you choose the right exchange it is important and helpful that you take your time and learn about a platform before you choose it.

Here is a brief PrimeXBT review that addresses the top benefits of the crypto exchange.

PrimeXBT’s Fee Structure

There is, however, a difference in the fee structure of each exchange as some platforms offer a fair and transparent fee while others have a high fee and sometimes include hidden and additional charges as well. This is why it is important that you take a look at the fee structure of a platform before you use it for crypto investing or trading.

Therefore, one of the benefits of the PrimeXBT trading exchange is its fee structure, which is one of the lowest in the crypto space. It charges a low and competitive fee as compared to its competitors in the market.

This exchange charges:

  • Flat fee of 0.05% per trade
  • 0005 BTC withdrawal fee

The benefit of choosing this trading platform is that you wont have to worry about paying a high and unfair fee that can put you out of budget.

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Legitimacy of the Exchange

People who are new to the crypto space often ask, “Is PrimeXBT legit?”. This is a fair question as not every exchange guarantees or prioritizes security offered to the users. That safety and security is your top priority then you need to be sure of the level of security offered by the exchange.

Fortunately, PrimeXBT is a popular and secure trading platform. That makes use of advanced security protocols that strengthen the security of the exchange.

Here are the safety systems used by PrimeXBT trading platform.

  • Use of cold storage wallet
  • Two-factor authentication system
  • Secured Socket Layer (SSL)
  • Dedicated server for the web platform

Wide Range of Asset Classes

The difference in leverage trading ratio indicates that this exchange offers support to a wide range of assets.

This platform is one of the top ones in the crypto market and offers support to a variety of asset classes such as trading of:

  • Digital assets
  • CFDs
  • Forex

Therefore, one of the benefits of using this exchange is that you can start trading any of the available asset classes. As you will have plenty of options on the exchange.

Suitable for Beginners and Experts

One of the most important aspect of PrimeXBT is that it is a highly user-friendly trading platform. That is compatible with both novice and experienced crypto traders. This exchange has a user-friendly interface that makes it easy for people to navigate around and place trades.

The PrimeXBT trading platform entertains every kind of trader, whether they are new, intermediate or professional.

To make crypto trading easier for beginners, this exchange offers a unique feature called Covesting. This feature allows new traders to choose a professional trader and automatically copy their trades. This is one of the best features for new traders. And people who want to trade constantly but have a demanding schedule. It cannot spend a lot of time monitoring the market and their trading positions.

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