PrimeXBT Furthers Trading Instrument: Hits Milestone for Listed Crypto Assets
Putting together the perfect and most profitable portfolio is often a lot more challenging than it needs to be, complicated further due to the average investor or trader needing to juggle a dozen or so platforms to access every asset worth putting capital behind.
After the latest listing of many of the market’s most popular crypto assets on PrimeXBT, the total list of trading instruments has reached a milestone of over 100 assets in total – ranging from crypto, forex, commodities, and stock indices.
PrimeXBT Expands Trading Offerings
PrimeXBT started off as a crypto-only margin trading platform focusing on Bitcoin, Ethereum, Litecoin and a few others. As the crypto market matured and customer demand changed, PrimeXBT next introduced Dogecoin, Cardano, XRP, Solana, Uniswap, Chainlink, and Polkadot.
The digital asset landscape is more diverse than ever before, with many thriving alternative layer 1 solutions, DeFi, GameFi, and Metaverse. PrimeXBT is once again ensuring their users have access to the most popular crypto assets, and has listed 24 new trading instruments. The exhaustive list of newly announced trading instruments includes:
BNB/USD (Binance Coin), LUNA/USD (Terra), AVAX/USD (Avalanche), MATIC/USD (Polygon), SHIB/USD (Shiba Inu), ATOM/USD (Cosmos), NEAR/USD (Near Protocol), ALGO/USD (Algorand), TRX/USD (Tron), FTT/USD (FTX Token), FTM/USD (Fantom), XLM/USD (Stellar), MANA/USD (Decentraland), ICP/USD (Internet Computer), SAND/USD (The Sandbox), VET/USD (VeChain), XTZ/USD (Tezos), FIL/USD (Filecoin), EGLD/USD (Elrond), AXS/USD (Axie Infinity Shards), KLAY/USD (Klaytn), HNT/USD (Helium), THETA/USD (Theta Network), XMR/USD (Monero).
Popular Metaverse altcoins like Decentraland, meme coins like Shiba Inu, and Layer 1 technologies such as Avalanche and many more are among the assortment.
Attempting to Reduce Risk and Deliver More Options
Although PrimeXBT did get its start in crypto and has developed extensive cryptocurrency services in the industry today, the platform offers professional tools more commonly found in traditional markets.
Eventually, those traditional trading instruments began to arrive at PrimeXBT also as another alternative for crypto traders. The massive list makes up roughly half of the award-winning platform’s now more than 100 trading instruments.
The platform offers contracts on gold and silver, oil and natural gas, stock indices, and a wide range of forex currencies across majors, minors, and exotics. These traditional assets allow anyone to build a portfolio of assets with a lower correlation to crypto. Just recently, PrimeXBT lowered all trading commissions and overnight financing fees on traditional assets, and crypto has been in a downtrend, making it an ideal time to tap into any of these many alternatives.
Covesting, Contests, and Other Innovations
At the core of all experiences and features offered at PrimeXBT are cryptocurrencies like BTC, ETH, USDT, USDC, and COV. Users need to make a deposit in any of these supported currencies to access a full suite of cryptocurrency-based services. With an account funded services range from margin trading and technical analysis tools to many other innovations.
The Covesting copy trading module is a peer-to-peer community that allows followers to sort through leaderboards filled with experienced strategy managers, and copy their trades. Strategy managers earn a share of the profits to motivate the pros to join these ranks. The COV utility token unlocks Premium, Advanced, and Elite memberships that improve the profit share for followers, lower trading fees for strategy managers, and more.
COV memberships also increase the variable APY offered by up to 2x via yield accounts. Yield accounts let crypto holders stake their idle tokens in exchange for a return paid back in crypto. Another unique way to earn requires no upfront costs or risk. Contests let traders use virtual funds to compete in massive trading competitions with grand prizes paid in crypto. It is also a great way to test new skills or tips learned from the recently debuted PrimeXBT Trading Academy.
With more than 100 trading instruments to boast and a list of popular crypto assets that keeps growing, PrimeXBT offers diverse opportunities to traders.
