With the long-standing sideways trend so far seen in 2019 and the enduring bear market that was 2018, it has become more difficult to make crypto profits with standard trading practices.
Fortunately, in response to high demand among crypto traders, a new advanced crypto trading platform has emerged as a solution to many of the problems which currently restrict traders from maximising their profits full potential.
Prime XBT launched early this month, Feb 2019, to provide crypto traders with the same possibilities that have proven to be highly effective and popular in traditional forex and equity markets for generations. Namely, margin/leverage trading and short-selling are the two advanced and lucrative techniques that make it possible to earn irrespective of the market’s trend.
Prime XBT offers as much as 100X leverage and the ability to open short positions. This means that every $1 deposited on the platform can become as powerful and as profitable as $100 if 100X leverage is utilized, or $10 if only 10X was applied, etc.
By offering as much as 100X leverage on the top 6 crypto-assets, and the ability to short-sell, Prime XBT enables small and predictable price movements in any direction to be intensified. This is highly advantageous in relatively uneventful periods so that profits can be made 365 days a year.
Furthermore, PrimeXBT simultaneously allows for stop-loss, OCO, and protection orders in aid of minimizing and limiting a traders loss potential, in addition to basic market and limit orders. This allows you effectively action risk management strategies to predetermine your entry and exit points before entering into a trade.
To date, BitMEX has dominated the status as the leading place to trade Bitcoin with leverage, as the only viable and respected provider to offer up to 100X. Now Prime XBT is positioned to outshine BitMEX by offering the same ability but on a wider range of the top 6 crypto-assets, including ETH, EOS, ETH, XRP, BCH, and BTC, with a more extensive feature-set, highly sophisticated and customizable UI, and the lowest fees in the crypto space of just 0.05%.
For more information at https://PrimeXBT.com.