Primexbt is a bitcoin-based multi-asset margin trading platform that, although built on the foundation of the traditional market, aims to diversify trading instruments, instruments and advanced products. Up.
The platform allows users to operate with more than 50 trading pairs, with a leverage that can reach 100x for cryptocurrencies and up to 1000x for other trading instruments, 24 hours a day.
The large number of trading instruments, as well as the high leverage ratio, make it stand out from many similar platforms with more time in the market like binance or bitmex.
As a new face in the financial industry, Primexbt trading has been voted the best bitcoin margin trading platform in the advfn international financial awards 2020 and it is also awarded as the best cryptocurrency trading application. And the best forex and crypto broker.
Primexbt trading platform offers leverage up to 100x on crypto currency pairs like bitcoin, ethereum, litecoin, ripple and eos and up to 1000x on currency markets (forex market), stock indices and commodities chemical.
A new trading option called primexbt turbo has been launched by the founders of primexbt exchange with the aim of enhancing the user experience. It’s like a bitcoin contract that offers a binary options-like experience with a lot more speed and simplicity.
This all-new primexbt turbo platform allows traders to enter a bitcoin-settled synthetic contract with a very short lead time to simplify trading and enable the fastest profits anywhere in the market. .
This product allows users to choose between contracts that go up or down, with a duration of only 30 seconds, one minute and five minutes when the contract will be closed. While this option advantage allows the user’s profits to multiply rapidly, it also carries a very high risk of loss.
Users can try primexbt turbo through using demo account with 1 btc, to trade without any risk, gain experience and put this new trading option into investable investment and development.
The contract is executed for a period of 30 seconds, 1 minute or 5 minutes, the change in the price of BTC within the specified time directly affects the profit of the contract. Create your Primexbt account
Trading with PrimeXBT Turbo allows for a 90% profit within 30 seconds on any contract that accurately predicts the direction the asset will move within that period of time. That results in being able to almost double an investment in less than a minute and indeed this is unprecedented anywhere else in the crypto industry and represents a huge leap forward. more of PrimeXBT to continuously innovate in the financial trading space.
Unlike regular trading where it is important for traders to have a deep knowledge of areas like technical analysis, PrimeXBT Turbo is suitable for beginners not necessarily such in-depth technical knowledge.
The complexity of financial transactions is minimized to a few simple decisions with PrimeXBT Turbo. The size of the investment, the direction the asset will move, and the duration from 30 seconds to 5 minutes are all that need to be chosen.
And at the end of the contract period, if the asset has moved at least 1 cent in the predicted direction, the trader’s account will automatically be credited to their profit.
Try it with a Demo Account before Live Trading
In order for traders to ensure that they fully understand the process of using PrimeXBT Turbo before risking real money, the platform has provided demo accounts that allow traders to practice safely. With Turbo, there is no risk.
Selected accounts will be given access to a free PrimeXBT Turbo demo, which means they can learn how to use the platform before having to top up their own.
How to trade with PrimeXBT Turbo
If you don’t have a PrimeXBT account, the first step you just need to do is visit this link to sign up with no KYC required, just an email address, it takes less than 1 minute to complete.
Right on the toolbar in the upper left corner of the homepage you will see the text “Turbo”. Click this link to go to the Turbo dashboard and explore the trading interface.
2 Deposit if you want to trade for real
If you already have funds in your PrimeXBT Turbo account then you can skip this step, but if not, the next thing you need to do is go to the “Account” section and select “Deposit to Wallet”.
Select the amount of Bitcoin you want to deposit into your account and complete the transfer to transfer the funds to your PrimeXBT wallet. To complete your operation, add money transfer from your wallet to your Turbo account.
3: Select the contract period.
Each contract can have one of three different durations of 30 seconds, 1 minute or 5 minutes and this is up to you to choose.
4: Decide the amount to invest in the order
With a minimum required amount of just 1$, you can choose from 1usd or more per your trade.
Once the amount is selected, the potential profit calculation of each contract will be displayed automatically.
5: Choose price direction
A bullish contract is to provide a profit if the price of the asset rises at the time of contract expiration, and the opposite is true for a Down contract.
Step 6: record the results
When the contract expires, if the contract is successful and the prediction is correct, the profit amount will be automatically added to the investor’s balance.
Traders also have access to all previous trades in the “transaction history” section and can review previous contracts in real time.
Primexbt turbo is the first of its kind to offer bitcoin-settled synthetic contracts in the crypto industry, and this new way of profiting from market fluctuations offers many advantages for traders.